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June 30: SVP TPO job; automation, HELOC products; the current state of regulation & compliance; interest rates sagging
“The seminar ‘How to avoid frauds’ is canceled. Tickets are non-refundable.” Mortgage fraud is alive and well in the United States. In...
Rob Chrisman
Jun 30
June 28: CHLA & LO comp; Redlining differences defined; Vendor news; What $295k buys in college towns; Saturday Spotlight: Restb.ai
Under the “If life gives you lemons, make lemonade” category… Like any asset in a free market economy, home and real estate prices are...
Rob Chrisman
Jun 30
June 27: Sales mgt, TPO team wanted; HELOC, ops tools; STRATMOR & servicing; the importance of Marketing; Freddie Fannie news
Does anyone pay with cash anymore, or actually have the money in their bank account? Credit card debt is now $1.1 trillion . There is...
Rob Chrisman
Jun 27
June 26: LO jobs; hedging, processing, community lending, servicing, mortgage intelligence tools; probably change in capital rule turning heads
“I've been experimenting with breeding racing deer. People have accused me of just trying to make a fast buck.” There are no fast bucks...
Rob Chrisman
Jun 26
June 25: LO, AE jobs; TBA trading, servicing compliance, digital marketing, DPA products; Bank M&A continues; why rates are falling
AI doesn’t have an NMLS number. (Zillow has never, ever set foot in a house for that matter.) Do you own a computer? Most in lending do....
Rob Chrisman
Jun 25
June 24: Corres. AE job; SOC, warehouse, legal guidance tools; webinar on comp; LOs as financial advisors; rates rangebound
Residential business is coming through in dribs and drabs for many lenders, but that doesn’t stop all the random news out there. To no...
Rob Chrisman
Jun 24
June 21: Goldman Sachs on rates and the economy; vendor news from soup to nuts; Saturday Spotlight: Finance of America
“I've started telling everyone about the benefits of eating dried grapes. It's all about raisin awareness.” You should also be aware of...
Rob Chrisman
Jun 23
June 23: MI job; HELOCs & 2nds, doc tracking, execution, POS, webinars & training this week; rates steady despite Iran conflict
For many, business is slow out there, and the industry waits for the House vote today on the abusive trigger lead bill. Depository banks...
Rob Chrisman
Jun 23
June 20: Retail jobs; digital HELOC, appraisal review products; background AI; hurricane season is here; rates snoozing
Happy Summer Solstice, and happy 50th birthday to the movie Jaws . Back then, for security, all we had to remember was where we hid our...
Rob Chrisman
Jun 20
June 19: Housing data, workflow, corresp. eNote products; Guild deal... do branches have value anymore? STRATMOR on customer service
Sometimes you have just one more thing to “ get over ” in order to fund that loan. In Hawai’i and other places, the conversation has, to...
Rob Chrisman
Jun 19
June 18: LO jobs; HELOC, marketing, down payment products; STRATMOR tech survey; compliance based on customer expectations
Today we hear from the U.S. Federal Reserve. We can expect no change to overnight fed funds. As pointed yesterday by Dr. Paul Brewbaker,...
Rob Chrisman
Jun 18
June 17: AE, LO, reverse jobs; marketing, broker, processing, MSR trading platform products; LOs and MISMO; this week's webinars & training
In Spain, Spaniards are shooting water pistols at foreigners to protest the impact of mass tourism: it has created a housing crunch ....
Rob Chrisman
Jun 17
June 16: Reverse mortgage jobs; Cook County DPA, processing automation, LO pricing tools; mortgage cost map; conv. conf. news
Any food science major will tell you that the difference between jelly and jam is that jam has chunks of fruit in it; jelly is strained....
Rob Chrisman
Jun 16
June 14: CEO's thoughts on credit proposals (there are faults); conference humor; vendor news; cities growing again; Saturday Spotlight: ProxyPics
Are the changes in the news cycle trying to keep up with the Trump Administration, or vice versa? “There's something happening here. But...
Rob Chrisman
Jun 15
June 13: LO jobs; 2nd lien reverse, borrower aid, legal counsel products; FHA, USDA, VA changes; FBC rebrand; U.S. rates steady despite Iran/Israel fight
Hey, for you LOs who think things are slow, you can always go into golf. The best example of this is ex-LO Ben Griffin who has racked up...
Rob Chrisman
Jun 13
June 12: Correspondent, jumbo, POS tools; Fairway/Hallmark deal; HELOC, 2nd, non-QM news; webinars to end the week
“I was always a home builder, but lately I’ve developed an apartment complex.” Here in Florida, so many structures are made of stucco...
Rob Chrisman
Jun 12
June 11: Brokers wanted; M&A continues, processing, non-QM, LOS, warehouse tools; legal firm & compliance news... LO comp again?
Here in Tampa, I was walking through the hotel bar last night when I overheard someone say, “Age 60 might be the new 40, but 9:00 PM is...
Rob Chrisman
Jun 11
June 10: LO Survey; dashboard, MERS audit, POS, servicing, internal audit tools; LOs & real estate agents; uh oh: price cuts and inventory increases
“Why is Ireland so expensive? House prices are always Dublin'.” Those days are temporarily over in the United States, and the pendulum is...
Rob Chrisman
Jun 10
June 9: LO jobs; fee cure, short-term rental appraisal, servicing, risk, move-up buyer products; Freddie & Fannie news
For the next several days I am in Florida, in mortgage meetings and the MBAF, and in Saturday’s Commentary I noted the intense flurry of...
Rob Chrisman
Jun 9
June 7: MLOs & wisdom; Regulations shifting to states; Rates... here a while; Rental housing increase; Saturday Spotlight: Go Moder
This week and next week the conference agendas are packed, with the MBA’s Chairman's Conference , New Jersey , the MBA Florida , EPM TAG...
Rob Chrisman
Jun 9
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