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Jun 20, 2024

About

Rob Chrisman began his career in mortgage banking – primarily capital markets – 39 years ago in 1985 with First California Mortgage, assisting in Secondary Marketing until 1988, when he joined Tuttle & Co., a leading mortgage pipeline risk management firm. He was an account manager and partner at Tuttle & Co. until 1996, when he moved to Scotland with his family for 9 months.


He returned to the United States in mid-1997 and ran Secondary for Standard Financial, a sub-prime lender in northern California. In late 1997 Rob was hired by CrossLand Mortgage to start, and be the president of, a sub-prime company named OnCall Mortgage (a division of CrossLand). OnCall Mortgage was in existence until Wells Fargo purchased First Security Bank (the owner of CrossLand) at the end of 2000.


Rob then joined CMG Mortgage, a wholesale mortgage bank, as the Director of Secondary Marketing. In early 2003 and re-joined Tuttle Risk Management Services, Inc. TRMS (now Compass) provides mortgage pipeline risk management for mortgage companies and thrifts that seek to originate and sell loans into the secondary mortgage market. In November of 2006 Rob left TRMS to become the Director of Capital Markets for RPM Mortgage, a retail residential lender you all know, leaving there in late 2008 to focus on not only publishing a widely read daily market commentary on current mortgage events but also on his family.


He is on the board of directors of Inheritance Funding Corporation, a financial services company which advances capital to heirs, of Doorway Home Loans, of AXIS Appraisal Management, and of the California MBA. He is also a member of the Secure Settlements Advisory Board, an associate of the STRATMOR Group, and of the Mortgage Bankers Association of the Carolinas and its membership committee. Rob has provided expert witness services for mortgage and real estate-related cases, has lectured to groups around the country.


Rob holds a BS from Cal Poly, San Luis Obispo, and an MBA from UC Berkeley.

Posts (432)

Nov 9, 202510 min
Nov. 8: Builders & unsold homes; high bal primer; vendor news; Saturday Spotlight: Foundation Mortgage; old person joke
“ What did they say? Can you rewind it?” Let’s start with something totally non-mortgage-related but applies to nearly each and every one of us. A new survey found that 34 percent of U.S. adults (including, somewhat counterintuitively, 40 percent of those aged 18 to 44) always or often use closed captions when watching television shows or movies. The accessibility setting has gone thoroughly mainstream, and young people adopting subtitles as the norm is an interesting wrinkle. It seems the...

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Nov 7, 202511 min
Nov. 7: LO jobs; Non-QM, lock service, valuation M&A, borrower satisfaction, ARM hedging tools; Robinhood enters mortgage
How was the Louvre in Paris robbed? The password for the cameras was… ready? Louvre. (I’m sure that the Smithsonian, MOMA, Vatican IT, and lender IT staffs are busy changing theirs. (I have my passwords in a notebook… no one can read my scrawl.) Lenders and vendors on the conference circuit are hoping that the Federal Aviation Administration has better security, and its website says, “The FAA manages the world’s safest and most complex aviation system. On an average day, we serve more than...

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Nov 6, 20259 min
Nov. 6: Leadership, LO jobs; AI processing, borrower experience & targeting tools; the labor market is being pummeled
Frequent conference goers or traveling salespeople are obviously concerned about the Trump Administration cutting 10 percent of flights for a variety of reasons. 13,000 air traffic controllers and 50,000 Transportation Security Administration agents are working without pay. For anyone looking for a job through the Job Board , here’s a pro tip for a question in your next interview: “Where do you see yourself in five years?” Answer: “Celebrating the 5 th anniversary in your lunchroom of you...

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