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Housing, Manufacturing Holding Economy Back

Housing, Manufacturing Holding Economy Back

Monday, 29 July 2019
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The longest economic expansion in U.S. history faces a dual threat from lackluster housing and manufacturing sectors, despite robust consumer spending. So reports Reuters. Read more...
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Have Your Clients Ready To Lock - Next Week Could Start A New Trend.

Have Your Clients Ready To Lock - Next Week Could Start A New Trend.

Friday, 26 July 2019
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https://youtu.be/zCvymUyNd5Y The MMG Weekly recap shows that there is a lot going on right now. GDP just came out at 2.1% vs the expected 1.8%. Bonds haven't been making a clear breakout to new highs. Next week will have a lot of news that could effect the market, one way or another - rate cut… Read more...
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Do You Have a Firing Plan?

Do You Have a Firing Plan?

Thursday, 25 July 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial We hope that you will never have to go through the firing process… or at least very often. However, keep in mind that even in the best of circumstances, we still make mistakes. Or circumstances will change. Read more...
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Bill Bodnar of MMG: This Sideways Trading Pattern Will Change

Bill Bodnar of MMG: This Sideways Trading Pattern Will Change

Monday, 22 July 2019
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Bill Bodnar from the Mortgage Market Guide says that periods of sideways trading are usually followed by volatility and that can present mortgage industry professionals with an opportunity. Read more...
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Quicken Loans Posts Its Best-ever Quarter

Quicken Loans Posts Its Best-ever Quarter

Tuesday, 23 July 2019
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Quicken Loans has announced what the Detroit-based company said the is the best quarter in its 34 years as a business. So reports the Detroit Free Press. Read more...
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Fannie Mae Sees Fed Cuts Boosting Originations, Refinances

Fannie Mae Sees Fed Cuts Boosting Originations, Refinances

Tuesday, 23 July 2019
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Fannie Mae’s Economic and Strategic Research Group has updated its predictions for Federal Reserve interest rate cuts, as it projects that the low mortgage rate environment will drive originations and refinances. So reports Seeking Alpha. Read more...
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Housing Regulator Chills Hopes for GSE Reform Plan

Housing Regulator Chills Hopes for GSE Reform Plan

Wednesday, 24 July 2019
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The U.S. housing regulator has cooled market expectations that the mortgage guarantors Fannie Mae and Freddie Mac could be quickly retooled prior to the 2020 presidential election. So reports Reuters. Read more...
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Why Video is Mandatory for Effective Selling

Why Video is Mandatory for Effective Selling

Friday, 26 July 2019
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By Pat Sherlock, Founder QFS Sales Solutions In a recent conversation with a branch manager, I asked if his originators were using video in their selling process. The manager sighed and answered, "Not really., they only use it when I create the video for them." Read more...
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Mortgage Rates Hold Steady Amid Topsy-turvy Week

Mortgage Rates Hold Steady Amid Topsy-turvy Week

Monday, 15 July 2019
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Mortgage rates were flat as markets digested a week of mixed economic news. So reports The Washington Post. Read more...
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Property Preservationist Admits to Ponzi-like Scheme

Property Preservationist Admits to Ponzi-like Scheme

Monday, 15 July 2019
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The Rhode Island-based operator of a business that specialized in preserving the condition of foreclosed homes for resale has admitted in court to what officials portrayed as effectively a Ponzi scheme. So reports The Providence Journal. Read more...
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