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Recruiting, AE, MLO, Ops Jobs; Hedging, HELOC, Anti-Fraud Tools; CFPB Meeting Transcript; GSE's Bold Move


Recruiting, AE, MLO, Ops Jobs; Hedging, HELOC, Anti-Fraud Tools; CFPB Meeting Transcript; GSE s Bold Move
Apr 1 2021, 8:22AM
Worried about it being April Fool’s Day? Don’t be. We’ll take care of you. Today s podcast includes a discussion on extended locks, as well as an interview with millennial Megan Sinclair on her non-biased experience with the refinance process. Worried about rising rates? What, your company doesn’t do HELOCs or cash out refis? Here’s a story on rising rates from an industry perspective, although 3.25 percent shouldn’t kill your business. Worried about how Freddie Mac’s announcement yesterday on its new policy regarding 2nd homes and investment properties? We knew it, along with other changes, was coming nearly three months ago. Capital markets folks agree that it is not that bad: Freddie will only purchase second homes and investment property loans that were underwritten by LPA. Not DU. And nearly everyone has ....

United States , Al Iskandariyah , Terra Haute , Freddie Mac , Gregg Palmer , Melissa Willoby , Mark Calabria , Megan Sinclair , Melva Christopherson , Fannie Mae , Fobby Naghmi , Anjelica Nixt , Lorena Colin , Katherine Campbell , Alvin Shah , Brian Kedzior , Brian Miller , Formfree Accountchek , Tim Hill , Rick Mangone , Bureau Of Labor Statistics , Trump Administration , Market Committee , Biden Administration , Management Team , April Fool ,

Ops, MLO Jobs; Cap. Mkts., Valuation, Default, Fulfillment Tools; Technology and Processing Notes


Ops, MLO Jobs; Cap. Mkts., Valuation, Default, Fulfillment Tools; Technology and Processing Notes
Feb 25 2021, 8:03AM
As hope for a recovery drawing nearer helps push rates higher, Carol K. writes, “I hate it when people ask me what I do for fun because there is no classy way to say, ‘Binge drink.’” The approaching 1003 form mandatory changes may cause some people to turn to drink… Is it going to “March Madness” at your shop with the new URLA? (The commentary has plenty of URLA and processing notes below.) Plenty of lenders who are “farther along technology curves” than others seem to be hiring lots of developers to accommodate change like incorporating a new application. But AEs and MLOs need to be aware of and use digital tools that they already have. DU and LP, for example, are great tools and in nearly every lender. Heck, I hear a lot about senior management reminding staff about the benefits of correctly filling out forms: ....

United States , Gregg Palmer , Brendan Teeley , John Seroka , Craig Schimelman , Don Clement , Garth Graham , Atlanta Bostic , Mike Allen , Ginnie Mae , Fobby Naghmi , Judy Ryan , Teck Valuefocus , Michael Crockett , Alvin Shah , Brian Miller , Bryan Bergjans , Brian Frye , Lender Services , Freddie Mac Primary Mortgage Market , House Financial Services Committee , Capital Markets Solutions , Flagstar Bank , Borrower Analytics Group , Data Solutions , Guild Mortgage David Battany ,