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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 (510)

Feb 13, 202611 min
Feb. 13: LO jobs; LOS, guideline, AI search, non-QM pricing products; FSBO.com acquired; thoughts on measuring creditworthiness
Here at San Diego’s MCT Exchange 2026, one topic is, as it is at every mortgage conference, is AI. More specifically, using artificial intelligence to leverage the strengths of existing employees but certainly setting up “guard rails” in rolling it out, and in finite chunks rather than company-wide all at once. Another topic is the ramp up of non-QM in the primary and secondary markets. The book of business is performing well, although is definitely not “cookie cutter”: many loans have...

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Feb 12, 202611 min
Feb. 12: Non-QM pricing, appraisal, BI, servicing tools; Interview with Pennymac Chief Strategist; CFPB update; Bevri.ai & NEXA
Here at San Diego’s MCT Exchange 2026, the hallway chatter is varied. These are capital markets personnel, so things are pragmatic. One topic is Freddie Mac’s earnings : $2.8 billion in income for the fourth quarter of 2025 and $10.7 billion for 2025. Another is large companies becoming larger, exemplified by Tradeweb making an investment in MAXEX and by yesterday’s news of Pennymac entering into an agreement to acquire subservicer Cenlar (sponsor of this week’s podcasts with its 2 million...

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Feb 11, 202611 min
Feb. 11: AE jobs; DPA, HELOC, correspondent eNote, escrow mgt. tools; STRATMOR on IMB concerns; Servicing alarms
Anyone flying in or near El Paso, Texas, good luck: the FAA has shut down its airspace for 10 days! The government closing down travel… Conspiracy students, take note! Something else to take note of is… If you had something that earned you $3.5 billion in the last three months, would you get rid of it? Me neither. That’s what Fannie Mae earned in the fourth quarter of 2022. In 2025 Fannie earned over $14 billion. Remind me again… is the “system” so broken that the government is in a hurry to...

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