Partnerships
Buydown, Corresp., POS, eClosing, Outsource, Insurance Products; FHFA/Freddie/Fannie Changes
I was having dinner in Manhattan last night, with the topics including Virgin Orbit filing for bankruptcy and the continuing Homepoint rumors (any questions should be directed to your wholesale AE or the publicly-held company itself!), when the waiter came up and asked how everything was before Iâd taken a bite. Does that constitute a âdishruption?â Want a visual of something as disruptive as an FHFA pricing change with no notice or lead time? Here you go. For more acronyms that begin with âF,â the Federal Deposit Insurance Corporation (FDIC) announced the framework of a marketing process for the approximately $60 billion loan portfolio retained in receivership following the failure of Signature Bank, New York, New York. Dig your loose change out of the couch and buy some of the portfolio âcomprised primarily of commercial real estate (CRE) loans, mostly multifamily in NYC, commercial loans, and a smaller pool of single-family residential loans.â (Todayâs podcast can be found here and this week itâs sponsored by Milestones. Giving homeowners an all-inclusive homeownership experience including home value and equity monitoring, home maintenance reminders and how-to articles, cloud-based document storage, one-click access to hire professionals for various projects around the home, and much more. Hear an interview with Personeticsâ Jody Bhagat on automating consumers spending habits and pitching vendor technology to banks.) Lender and Broker Services and Software
Best Banks in Arizona for 2023
Mortgage Coach and Sales Boomerang unify, launch “TrustEngine” platform
Roughly a year after being acquired by a private equity firm, Mortgage Coach and Sales Boomerang have merged their services onto one platform and rebranded to “TrustEngine.”
Delta and American Express Send New Limited-Time Card Offers Sky High
Please Note: For current offers click here Delta and American Express are relaunching their co-branded credit cards with new rewards and travel perks, but higher annual fees for consumers and business owners. And for the first time ever, the Delta SkyMiles® Platinum and Reserve American Express Cards are being made from metal. Itâs the first […]
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Cenlar FSB names Rene Gonzales as chief technology officer
Rene Gonzales will expand his role at the mortgage servicer Cenlar FSB by offering technology leadership and implementation guidance.
Biden asked to exempt housing programs from Buy America rule
A group of affordable housing advocates are calling on the Biden Administration to specify that the Build America, Buy America Act does not apply to certain single-family and multifamily properties. The Act requires that all of the iron, steel, manufactured products and construction materials used in infrastructure projects be produced in the U.S. BABA is … [Read more…]
5 Stocks That Could Benefit From the Fedâs Rate Decision
For some stocks, higher interest rates can lead to higher profits. The following are five such companies that could profit from the Fedâs decision to hike rates.
How Does Unemployment Work?
Losing a job can be scary, but help is out there. For many, it starts with getting unemployment benefits.
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