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Apr. 19: 1,500 CFPBers laid off... Or were they? The pros of tariffs from a reader & AI; Vendor updates; Saturday Spotlight: Prudent AI
A non-government, non-elected official doesn’t have the authority to shut down a government agency. But as we are finding out in the...
Rob Chrisman
7 hours ago
Apr. 18: Credit analyst, bus. dev., LO jobs; events & training; loss mitigation software; MBA P&L stats; Ohio, UWM, & collusion accusations
“What do you get if you cross Islam and Capitalism? No more jokes about the profit.” Mid-sized lenders, especially those with branches...
Rob Chrisman
3 days ago
Apr. 17: Cap mkts., AE, LO jobs; lawyers wanted; fraud prevention, loss mit, bridge loan products; cost of hedging; Trump threatens Powell's job
A week from today is “Take Your Child to Work Day.” Something tells me that it won’t be observed in U.S. Government offices. While we’re...
Rob Chrisman
4 days ago
Apr. 16: AE, LO jobs; LOS, servicing, HELOAN, trading, warehouse tools; lender sale; wholesale & correspondent news; Dr. Eisenberg Econ 101 interview
“Every morning, I get hit by the same bicycle… It's a vicious cycle.” Double meanings aside, seasons and the earth’s rotation are...
Rob Chrisman
5 days ago
Tax Day: Sales VP, AE jobs; LOE, delegated, loss mit, CRM, bank statement products; STRATMOR tech study; a money raise
Here in San Diego at the CU:REALM event, Cotality’s Chief Economist Dr. Selma Hepp noted that consumer and business sentiment has...
Rob Chrisman
6 days ago
Apr. 14: AE jobs, outsourcing service; POS, bridge, jumbo ARM loan programs; M&A continues as NJ Lenders/Luminate ink deal; dive into rate movement
“Why don't you tell rumors in a Botox Clinic? Nobody raises an eyebrow.” While I head to San Diego today, who can keep track of the...
Rob Chrisman
Apr 14
Apr. 12: CFPB's shift; abusive trigger lead news; Vendor M&A and product news; Recessions usually mean lower rates, but maybe in this case...
Consumer sentiment was first quantified in 1952. Last month it hit its second lowest level in 73 years . As one headline said, “From...
Rob Chrisman
Apr 12
Apr. 11: LO jobs, tech. writer available; Warehouse product, Innovator Conference; Zillow did what? The story behind Fannie's firings
I don’t know if the rumor is true that Webster’s is considering adding “Tariffied” to its dictionary, but the word certainly fits the...
Rob Chrisman
Apr 11
Apr. 10: LO job; hedging, non-QM, DSCR, automatic QC tools; why hedging a pipeline is difficult at best with tariff changes; DC report
“Over the course of 18 years, it costs over $235,000 for parents to raise a child... and that's just for the alcohol.” Here in Dallas,...
Rob Chrisman
Apr 10
Apr. 9: AE, LO job, Fannie's firings; valuation, trading tools; report from Washington DC; builders & housing policy; F&F news; training events
How ‘bout some good news? Last week’s apps skyrocketed, and… Builders are sitting on a pile of unsold homes and are slashing prices and...
Rob Chrisman
Apr 9
Apr. 8: AE, compliance jobs, marketing exec. avail.; DPA, subservicing, credit optimization borrower library tools; could tariffs impact MBS demand?
Today I travel to the Dallas area for a Logan Finance event, and this comment from a friend last night is echoing in my ears: “Becoming...
Rob Chrisman
Apr 8
Apr. 7: Credit Policy VP job; valuation, price specials, referral tools; in-person events to plan on; slow economy = low rates
“Many people told Beethoven that he would never be a musician because he was deaf. Did he listen?” This week hundreds of mortgage bankers...
Rob Chrisman
Apr 7
Apr. 5: Builder's tariff win; risks and rewards in GSE privatization; vendor news; states take up abusive trigger leads; portable mortgages
Honeybees in the US may have just experienced their most severe die-off on record , and we don’t know exactly why. The price of honey...
Rob Chrisman
Apr 5
Apr. 4: LO jobs, industry vet moves; subservicer, non-Agency products; trigger leads, HECM, FHA news; slow economy = low rates
Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued consolidation...
Rob Chrisman
Apr 4
Apr. 3: LO jobs; hedging, HMDA dashboard, verification tools; correspondent & wholesale news: battle of the titans
The Chinese curse, “May you live in interesting times” can easily be applied to the residential mortgage business in the last month or...
Rob Chrisman
Apr 3
Apr. 2: Reverse, AE, housing dir. jobs; HELOC, credit union, non-QM products; wholesale, reverse, vendor partnership news
Does anyone use the term “elderly” anymore? Websters defines elderly as “anyone past middle age,” “middle age” being 45-64. Prepare for a...
Rob Chrisman
Apr 2
Apr. 1: Angel Oak/Brookfield deal and more mergers; audit, POS, non-QM, automation tools ; webcasts & training this week
This ain’t no April Fools economic news: not only has Hooters declared bankruptcy, but apparently there is yet another push to have...
Rob Chrisman
Apr 1
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