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Dec. 21: The CFPB and Zelle, dead & divorced borrowers, PACE, HMDA... Saturday Spotlight: Foundation Mortgage; a clever poem
The Winter Solstice! People in Anchorage (sunset 3:41) and Minneapolis (sunset 4:34) are happy to know that, due to the earth’s tilt,...
chrismancommentary
Dec 21, 2024
Dec. 20: LO, AE, IT, funding jobs; NAR settlement info; TPO products; STRATMOR on 2025 strategies; gov't shutdown info for lenders
There are only a few days left until Christmas, and possibly buying last minute presents. Guys, be careful out there in your selection !...
chrismancommentary
Dec 20, 2024
The Week Before Christmas: Mortgage Edition
'Twas the week before Christmas when all through the States, The market was slower, buyers wary of rates. Santa Powell made an...
chrismancommentary
Dec 20, 2024
Dec. 19: Sec. mktg., AE, IT, Ops, LO jobs; Non-QM servicing, HELOC, POS products; FHA news; rates... now what?
When I see a headline with “housing” and “crash” in it, I think it is merely clickbait, and the author is trying to attract readers. For...
chrismancommentary
Dec 19, 2024
The Improbability of GSEs Exiting Conservatorship: A Structural and Political Analysis
The prospect of Fannie Mae and Freddie Mac (the GSEs) being released from U.S. government conservatorship and restored to their former...
chrismancommentary
Dec 19, 2024
Dec. 18: LO jobs; price & credit breaks, valuation, verification, marketing tools; Lender & investor FHA & reverse news
“When a woman says, ‘What?’ it’s not because she didn’t hear you. It’s because she’s giving you a chance to change what you said.” Things...
chrismancommentary
Dec 18, 2024
Dec. 17: Product specialist, LO, FHA jobs; DPA, subservicing, pricing, AVM products; USDA & VA news from the source
Number progressions can be deceiving and surprising. Thank you to Eric D. who reminded me of “The Wheat and the Chessboard” example,...
chrismancommentary
Dec 17, 2024
Dec. 16: AE jobs, recruiting; homebuyer assistance, pre-qual, AI tools; webinars & training; Fairway CEO Steve Jacobson interview
You don’t become cooler with age, but you do care progressively less about being cool, which is the only true way of being cool. This is...
chrismancommentary
Dec 16, 2024
Dec. 14: Watch that coffee or vet bill; the regulatory climate; vendor news; secondary deals; Saturday Spotlight: Docutech
Private equity firms are on the move, whether they’re buying a well-known winery ( Duckhorn & Goldeneye ), your local medical practice ,...
chrismancommentary
Dec 14, 2024
Dec. 13: Enterprise AE, LO jobs; new correspondent, fee collection, digital lending products; STRATMOR on CX; Freddie, Fannie, FHFA updates
“They say that mafia members are nasty people. But while growing up, I lived next door to one mafia member, and he was actually a nice...
chrismancommentary
Dec 13, 2024
🔮 Mortgage Industry Predictions for 2025
As we look ahead to 2025, the mortgage industry is poised for significant shifts driven by economic conditions, policy changes, and...
chrismancommentary
Dec 12, 2024
12+12=24: Marketing, LO jobs; hedging, HELOC, non-QM, servicing tools; lender rankings by units; MSR market thoughts
What? You’re a builder who’s short on nails? Well, bring in some folks from Japan… they don’t necessarily need them . Of the nearly 300...
chrismancommentary
Dec 12, 2024
Dec. 11: Ops, broker, LO jobs; bulk trade, non-QM, DPA, CU strategy, servicing tools; Top 50 lender ranking; thoughts on AI; home seller stats
“I love Christmas lights! They remind me of the people who voted for (insert name of politician). They all hang together, half of them...
chrismancommentary
Dec 11, 2024
In Volatile Times of Transition, the MSR Market Seeks to Both Safeguard Shareholder Value and Unlock its Potential
Hedging in the MSR Market: A Deep Dive into Strategies, Risks, and Emerging Best Practices The current landscape of the mortgage...
chrismancommentary
Dec 10, 2024
Artificial Intelligence in the Mortgage Industry: Transforming the Landscape
The mortgage industry has long grappled with inefficiencies and high costs. Today, originating a single loan costs lenders over $10,000...
chrismancommentary
Dec 10, 2024
Dec. 10: QC Sales, bus. development jobs; exec avail.; selling tools; thoughts on 2025 tax bill; non-QM & jumbo news
“To the paranoid people who check behind shower curtains for murderers: if you find one, what's your plan?” What’s the Fed’s plan? The...
chrismancommentary
Dec 10, 2024
What Homebuyers Need from the 2025 Tax Bill
By Morgan Wise, Chief Financial Officer at Atlantic Bay Mortgage Group The expiration of key provisions in the Tax Cuts and Jobs Act...
chrismancommentary
Dec 9, 2024
Dec. 9: LO jobs; BI, builder monitoring, AMC, HELOC products; no trigger lead bill; approaching training, events, and webinars
“Wi-Fi outages are the new snow days!” Without the internet or cable, would we return to relying on newspapers, radios, and network...
chrismancommentary
Dec 9, 2024
Dec. 7: Saturday Spotlight: TransUnion; F&F conjecturing; economic morsels; you've been hacked: now what? Caitlin Clark's sponsors pony up
First, the news. On this 83rd anniversary of the Japanese attack on Pearl Harbor, there are apparently 16 veterans still alive. Next,...
chrismancommentary
Dec 7, 2024
Leading the Charge: Advocating for Brokers and Consumers in the Mortgage Industry
As the leader of a Broker Action Coalition, my mission is clear: to serve as the bridge between the mortgage industry and consumers,...
chrismancommentary
Dec 6, 2024
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