Browsing Tag:pricing

jumbo-pricing-instruments-ncino-simplenexus-1-2-billion-deal-occasions-to-wrap-up-november
Jumbo, Pricing Tools; nCino/SimpleNexus $1.2 billion Deal; Events to Wrap up November29 working/business days left in 2021. Some MLOs, who can shift their client’s refi closings, are thinking about the tax implications of closing this year or next. Everyone is dealing with seasonal purchase slowdowns, appraisal bottlenecks, lower margins, higher marketing spending, no overtime. Lenders are interested in optimizing...
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mlo-jobs-pricing-execution-retention-trailing-doc-referral-merchandise-hud-ginnie-fha-va-information
MLO Jobs; Pricing, Execution, Retention, Trailing Doc, Referral Products; HUD, Ginnie, FHA/VA NewsAsk any manager. It was much more fun to announce, “We’re hiring!” than it is to mutter, “We’re laying off.” Currently there are plenty of rumors about lenders, both publicly and privately held, down-sizing. (I guess the PC term is “right-sizing” but I’ve never heard an expanding...
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ops-mlo-ae-jobs-servicing-dashboard-fha-pricing-voa-merchandise-company-shifts-proceed-occasions-this-week
Ops, MLO, AE Jobs; Servicing, Dashboard, FHA Pricing, VOA Products; Agency Shifts Continue; Events This WeekElaine F. reminded me of a quote from Hemingway: “Never mistake motion for action.” And basketball coach John Wooden said, “Never mistake action for achievement.” The FHFA is certain taking action, and moving toward achieving its goals, although those don’t necessarily match those of...
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underwriter-mlo-relationship-mgr-jobs-gross-sales-pricing-processing-instruments-va-and-fha-modifications
Underwriter, MLO, Relationship Mgr. Jobs; Sales, Pricing, Processing Tools; VA and FHA ChangesHere’s your pro tip of the day: occasionally blow on the wine in your coffee mug to convince the rest of the Zoom meeting that it is tea. Speaking of the working world, are you an “office worker” or, as Amazon tells its warehouse employees, an “industrial...
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mlo-jobs-pricing-servicing-processing-voe-instruments-non-company-and-jumbo-updates-lo-comp
MLO Jobs; Pricing, Servicing, Processing, VOE Tools; Non-Agency and Jumbo Updates; LO CompReal estate agents will tell you that offering above asking price is only the first step, with many buyers also waiving contingencies, skipping inspections, or providing free lease-backs to sellers, along with offers for the seller to remain in the home for a period of time after...
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reverse-mortgage-pricing-fluctuates-throughout-coronavirus-pandemic
Home Equity Conversion Mortgage (HECM) loan prices have fluctuated in recent days due to the impact of the COVID-19 coronavirus pandemic. Reverse mortgage brokers and originators reported declines in both basis points and investor activity related to trading bonds and other financial products.According to several brokers and originators, pricing for proprietary products has also reportedly been hit by...
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broad-spreads-in-jumbo-mortgage-pricing-u-okay-financial-institution-fraud-thrives
Wall Street JournalDifferent pricesJumbo mortgage interest rates, usually within a tenth of a percentage point of each other, are ubiquitous. Some mortgage brokers see even greater variance. “One lender offers an interest rate of 3.25% while another gives an interest rate of 5% for the same borrower.“It happens because key components of the jumbo market - the...
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