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chrismancommentary
Aug 30, 2024
Aug. 30: Verification, marketing, broker products; NAR settlement opinion; inflation easing helping keep rates stable
(In honor of labor, there is no Commentary tomorrow; Tuesday will be the next one. But in honor of August 31 being National Bacon Day, we...
chrismancommentary
Aug 29, 2024
Aug. 29: LO jobs; hedging, compliance, dashboard tools; STRATMOR & the importance of relaxing; Patelco cyberattack; Primer on the yield curve shift
“Why do psychics have to ask you for your name?” The future is always murky, at best, even to those who tell us that they can predict...
chrismancommentary
Aug 28, 2024
Aug. 28: Title insurance co. for sale; AVM, compliance, fee collection, Non-QM products; Conventional conforming program updates
How dedicated are you to mortgages? This dedicated? I hope not. Owners and CEOs of smaller companies are certainly dedicated to our...
chrismancommentary
Aug 27, 2024
Aug. 27: Broker programs, processing & workflow automation, business strategy, webinars & conferences to mid-September
Why can’t lending be simple… like “The Revolutionary Haircutting System You've Come to Love!” They even have the forethought to take the...
chrismancommentary
Aug 26, 2024
Aug. 26: Retail mgt., LO jobs; Compliance, fee collection, processing, commercial lending products; HomeLight funding; FHA, USDA updates
A pair of scissors is not trivial. Did you read the story on how thirty-six flights were cancelled , and 201 delayed, at a Japanese...
chrismancommentary
Aug 24, 2024
Why join a state organization? Vendor news; Saturday Spotlight: TransUnion
We’re in a numbers business. Others as well… like crayons. Who knew that making turkey drawings from outlining hands is exciting...
chrismancommentary
Aug 23, 2024
Aug. 23: Bus. Dev., LO jobs; staffing service, warehouse, marketing, AI tools; join an organization! Shared appreciation mortgage
“There's a fine line between a numerator and a denominator. Only a fraction of people will find this funny.” Our business is a business...
chrismancommentary
Aug 22, 2024
Aug. 22: LO jobs; hedging, HELOC, QC audit products; profitable 2nd quarter; Trigger lead update; the CFPB & Fay Servicing; STRATMOR & CX
“Great news! I got the whole plane to myself! The large group going to the psychic’s convention all cancelled at the last minute.” (No,...
chrismancommentary
Aug 21, 2024
Aug. 21: DSCR, HELOC, VA IRRRL, market analysis, and AVM products; training and events up to, and past, Labor Day
This morning, I head from Los Angeles to Orlando, FL for the big NAMMBA Connect event. I received this question. “Rob, in your travels,...
chrismancommentary
Aug 20, 2024
Aug. 20: Tax & audit, NAR information, appraisal, DPA, cyber-attack products ; Agency news; interview with MBA's Sasha Hewlett on capital markets
Sometimes things are confused with other things. ( What do racoons think of Tesla trucks? Those trucks are easy to make fun of .) There...
chrismancommentary
Aug 19, 2024
Aug. 19: Recruiter accepting applicants; HELOC data, broker, correspondent processing tools; investor disaster news
A quick note for anyone coming to the California MBA’s Western Secondary via LAX and taking a ride share to the venue: grab the lime...
chrismancommentary
Aug 19, 2024
Aug. 17: Real estate commission changes: don't give legal advice; dual licensing opportunities; FTC addresses fake reviews
Let’s end the week with something non-mortgage, but of great interest to many in the lending biz. Like sands through an hourglass…...
chrismancommentary
Aug 16, 2024
Aug. 16: Exec. available; verification, social media, warehouse tools; virtual STRATMOR CX workshop; FHA news; jumbled econ news
On a sad note, entrepreneur “Famous Amos” passed away a few days ago. Cookies are a major food group for me, and here was a fellow who...
chrismancommentary
Aug 15, 2024
Aug. 15: AE job expansion; hedging, pricing, Realtor service, Home Eq title, AI products; STRATMOR on referral fallout; Sept. events
Looking at the attendees of various mortgage events around the nation over the last several months, I remember back to when a “new hip...
chrismancommentary
Aug 14, 2024
Aug. 14: Sales mgt., brokerage jobs; corresp., servicing products; F&F news; CPI helpful; interview with MBA's Dr. Fratantoni on the economic direction
This morning I head through Chicago to Michigan to the MMLA Conference , where one of the discussion topics will be the NAR changes and...
chrismancommentary
Aug 13, 2024
Aug. 13: CEO, LO jobs; LOS, warehouse, servicing, borrower service tools; webinars & events every day of the week; M&A update; 1099 vs. W2
“I ordered a book titled, ‘How to scam people online’ two months ago. It still hasn't arrived yet.” Let’s open today’s Commentary with a...
chrismancommentary
Aug 12, 2024
Aug. 12: Pricing, refi specials, DPA, lead gen, AI tools; broker & corresp. products; con't quiet in the bond market
With almost three more months of political jabbering, here’s a town in Kentucky that keeps politics in perspective with qualified...
chrismancommentary
Aug 12, 2024
Aug. 10: Fannie's digital use survey; vendor news from VOE to QC; secondary deals; Saturday Spotlight: Docutech
Here’s a reminder that people like to have fun, especially with the unexpected . In a reminder that “people need a place to live, not...
chrismancommentary
Aug 9, 2024
Aug. 9: AE, Ops, LO jobs; line of credit, lead regulation, HFA, financial tech products; conv. conforming updates; Fed opining
“How do you tell when you're out of invisible ink?” How do you tell when interest rates are “where they’re supposed to be?” Arguably,...
chrismancommentary
Aug 8, 2024
Aug. 8: CFO, AE jobs; hedging, accounting, home data, fee collection tools; events & training into September
Do you believe there is no opportunity out there, or nothing you haven’t heard of? First of all, there’s an interesting “moonlighting”...
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