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Mar. 19: Cap. mkts tech, U/W, LO jobs; Broker, correspondent, subservicer oversight tools IMB cost still $11k per loan; STRATMOR survey; CrossCountry deal
Let’s dive into the mailbag. “Rob, the FHFA announced that Fannie and Freddie will remove ‘certain’ homeowners insurance requirements which may reduce costs. But what are your contacts saying about where their industry-facing priorities are?” Both are focused on leveraging technology and reminding lenders of their existing products. For example, Fannie offers a construction to perm program , as does Freddie Mac , and has “ MH Advantage ” for manufactured homes; Freddie has
Rob Chrisman
Mar 19
Feb. 19: Prudent AI's income, correspondent, LOS tools; the Fed's bank mortgage proposal; STRATMOR on LOs; Elliot Eisenberg interview
Here in New Orleans, the other night on the street, or was it on a capital markets conference call yesterday, I heard someone singing, “There's a party goin' on right here, a celebration to last throughout the years…” by Kool & the Gang. The years sail by, and it’s hard to believe that the COVID pandemic was six years ago with its increase in deaths . For our biz, we switched to “work from home,” among other changes. Along those lines, I received this note: “Rob, are you hea
Rob Chrisman
Feb 19
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