Loan Think

Let it be known for all to see: Treasury just doesn’t want 10% from the GSEs; it wants EVERY penny the two make going forward.

The upcoming presidential election will have a significant impact on compliance but will not cause it to decrease.

The latest legal cases and regulatory actions from around the nation.

Shortly, the Federal Housing Finance Agency will come out with its parameters on what can – and can’t – trigger a buyback request from their wards, Fannie Mae and Freddie Mac.

Shortly, the Federal Housing Finance Agency will come out with its parameters on what can – and can’t – trigger a buyback request from their wards, Fannie Mae and Freddie Mac.

To be successful in mortgage sales, you need to take care of your personal physical and mental health.

The mortgage industry – loan officers and brokers in particular – are anxiously waiting for the Consumer Financial Protection Bureau to unveil its final loan officer compensation proposal. The rule was slated for early August release and here it is mid-month and nothing’s been issued.

Plan today to be successful 18 months from now.

I was talking to one mortgage employment specialist the other day who suggested to me that the residential finance industry has done a crappy job of preparing for its future, citing the aging workforce of loan processors and underwriters.

Addressing Chicago’s distressed housing through eminent domain could hurt the market more than help it as it may harm homebuyers' ability to obtain credit.