Originating

Originating (1418)

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...

Ask Brian: How Can I Get Clients to Speak with Me When I'm Available?

Dear Brian, How can I get clients to meet or speak with me during the times I am available instead of evenings and weekends? --Tim in Oregon Read more...

How White Lies Drive Low Retention

By Pat Sherlock, Founder QFS Sales Solutions Recently, an originator asked me for advice about changing lenders, citing three issues: Read more...

3 Twitter Secrets That Don’t Require You to Tweet

Ben Smidt, MA, Digital Strategy Manager, MGIC Working in social media can be challenging. Staying atop new trends, features and functions in an ever-changing digital world is non-stop. This challenge only increases when working in a regulated industry, and I have found many professionals in the mortgage industry are hesitant to send tweets of their… Read more...

“SPRAY AND PRAY” MARKETING IS DEAD

By Pat Sherlock, Founder QFS Sales Solutions When speaking to originators and their managers, I hear frequent complaints about how tough origination is now. Many executives lament that their usual marketing efforts aren’t working as they once did. Unfortunately, many are still using a “spray and pray” approach to marketing. This strategy involves distributing mass… Read more...

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