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Bill Bodnar of MMG: A Volatile Week

Bill Bodnar from the Mortgage Market Guide recaps a rocky week, and discusses the potential impact of the expected rate cut from the Fed. Read more...

Ask The Expert: How Can I Plan to Visit Open Houses?

By Dave Hershman, Senior Vice President, Sales of Weichert Financial Part I of my response to the question: I have been advised by my branch manager to start visiting open houses on the weekends. However, I have no idea what to say to the Realtor holding the house open. Any ideas in this regard? --… Read more...

How to Become the Bruce Lee of Originators

Bruce Lee, the famous martial arts master, had a very famous quote that I believe all mortgage originators can learn a great deal from: “I don’t fear the man who has practiced 10,000 kicks. I fear the man that has practiced one kick 10,000 times.” Read more...

Housing Confidence Dips But Remains Near Survey High

The Fannie Mae Home Purchase Sentiment Index® decreased 0.5 points in June to 91.5 after nearing its survey high last month. Read more...

FHFA Special Advisor Bob Ryan to Depart

The Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, has announced that Bob Ryan, a special advisor to the agency, will leave on July 12. So reports Reuters. Read more...

Genworth Mulls Sale of Canadian Mortgage Insurance Arm

Genworth Financial is considering selling its Canadian mortgage insurance business. So reports the Richmond (Va.) Times-Dispatch. Read more...

N.J. to Launch Statewide Foreclosure Database

New Jersey is on track to create a tracking system of all houses under foreclosure across the state. So reports Newark’s WBGO. Read more...

3Points: VA Changes, Fannie & Freddie, and FHA Enhancements?

The July 2019 edition of 3Points with UWM President & CEO Mat Ishbia, covers major changes at the VA, significant updates from Fannie Mae and Freddie Mac, and potential FHA enhancements. Read more...

Bill Bodnar of MMG: A Reason to Celebrate

Bill Bodnar from the Mortgage Market Guide says that on Wednesday, July 3, we saw a 2019 closing high for mortgage-backed securities. At the same time, we are witnessing a global compression in bond yields as rates keep coming down around the world. Central banks are all easing. “The central bank punch bowl is back… Read more...

Ask the Expert: Is it Better to Hire Quality or Quantity? (pt. 2)

By Dave Hershman, Senior Vice President, Sales of Weichert Financial Part 2 of my response to the question: "I am having a bit of a debate with those who run this firm. I am a high-producing branch manager who would like to limit the number of loan officers I hire to higher-quality and consistent producing… Read more...

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