Your Daily Dose of Real Estate News
Broker Products; Legal Thoughts on Dual Licensing;… New"Abandon all hope ye who enter here." (Dante’s words, not Disney’s.) That could be the slogan of Times Square, but for those who just spent days at the Secondary conference in Times Square, trying to avoid everything in Times Square, you can look forward to the same event at the same place in the same hotel next year, May 18-21, 2025. Manhattan has so, so much more to offer. In a year, will groups still be discussing Attorney Opinion Letters, offering a savings on refis and new construction for Agency loans? What about LOs coming real estate agents, and vice…Broker Products; Legal Thoughts on Dual Licensing;… New"Abandon all hope ye who enter here." (Dante’s words, not Disney’s.) That could be the slogan of Times Square, but for those who just spent days at the Secondary conference in Times Square, trying to avoid everything in Times Square, you can look forward to the same event at the same place in the same hotel next year, May 18-21, 2025. Manhattan has so, so much more to offer. In a year, will groups still be discussing Attorney Opinion Letters, offering a savings on refis and new construction for Agency loans? What about LOs coming real estate agents, and vice… Hedging, TPO, ROV, Fee Collection Tools; STRATMOR… NewSome people say, “You’re crazy to stay in residential lending in this environment, and it’s not going to improve dramatically in the near future.” No, this is crazy. Owners of vendors and lenders who are barely eking by, or losing money quarter after quarter, aside, there is plenty of sanity remaining. Given what I heard in Manhattan, we can expect many, many offerings of 2nd mortgage programs and HELOCs from investors and therefore the lenders that sell to them, given the amount of equity that’s out there. LOs know that these are homes, not houses, and many owners focus on… Dec. 20: LO, AE, IT, funding jobs;… NewThere are only a few days left until Christmas, and possibly buying last minute presents. Guys, be careful out there in your selection! Refinancing is less time sensitive than Christmas, and STRATMOR’s current blog is “Refis Help the Economy and the Industry is Ready to Help.” Whether a purchase or a refi, honest communication is...Read More “Dec. 20: LO, AE, IT, funding jobs; NAR settlement info; TPO products; STRATMOR on 2025 strategies; gov’t shutdown info for lenders” » Dec. 19: Sec. mktg., AE, IT, Ops,… NewWhen 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 example: The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the third quarter of 2024. The...Read More “Dec. 19: Sec. mktg., AE, IT, Ops, LO jobs; Non-QM servicing, HELOC, POS products; FHA news; rates… now what?” »
