Breaking News

HECM Reverse Mortgage Changes

October 16, 2017 0

HECM Reverse Mortgage Changes As of October 2nd 2017, Reverse Mortgage experienced some drastic changes creating fear for many individuals who specialize specifically in Reverse Mortgage. Lenders received a letter from the U.S. Department of […]

Branch Manager

You NEED TO LEAVE Leave Wells Fargo

June 22, 2016 0

You NEED TO LEAVE Wells Fargo Luke Osborne November 14, 2016 Okay, I am ready to rattle some cages! If you currently work for Wells Fargo, you might be a little sensitive to the information in […]

Breaking News

HECM Reverse Mortgage Changes

October 16, 2017 0

HECM Reverse Mortgage Changes As of October 2nd 2017, Reverse Mortgage experienced some drastic changes creating fear for many individuals who specialize specifically in Reverse Mortgage. Lenders received a letter from the U.S. Department of […]

Compliance & Regulations

Outdated CFPB Servicing Technology puts Consumers at Risk

June 22, 2016 0

Outdated CFPB Servicing Technology puts Consumers at Risk Luke Osborne November 14, 2016   “The mortgage-servicing industry is still struggling to adopt technology that will help them comply with a 2014 Consumer Financial Protection Bureau regulation that placed new […]

Mortgage Origination

Refinance Market is Drying Up – What now?

June 22, 2016 0

Luke Osborne November 14, 2016     More from MortgageBankingNews Calculate how much more $$$ you make with 125 bps Find out how to Become Your Own Branch Interested in Becoming a Contributor? Luke Osborne is Director of Mortgage Banking at […]

Compliance & Regulations

Bank of America Increases Mortgage Banking

June 22, 2016 0

Bank of America Increase Mortgage Banking Luke Osborne November 14, 2016 Bank of America net income came in at $5 billion, or $0.41 per diluted common share in the third quarter. This is an increase from the […]

Branch Manager

Is the Housing Bubble About to Pop or Stabilize?

June 22, 2016 0

Is the Housing Bubble About to Pop or Stabilize? Luke Osborne November 14, 2016     Well, it could finally be here. The time the housing bubble could pop. The time that easy Refinance Business will […]

Underwriting & Operations

Fannie Mae Overspending on New Headquarters

June 22, 2016 0

Fannie Mae Overspending on New Headquarters Luke Osborne November 14, 2016   Article from Daniel Goldstein with Market Watch- http://www.marketwatch.com/story/fannie-maes-new-headquarters-deemed-too-lush-for-troubled-agency-2016-06-16 Fannie Mae might need to take its own advice: You shouldn’t buy more home than you can afford. A […]

Branch Manager

Underwriting & Operations

Loan Origination

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  • Bank of America Increase Mortgage Banking Luke Osborne November 14, 2016 Bank of America net income came in at $5 billion, or $0.41 per diluted common share in the third quarter. This is an increase from the [...]
  • HECM Reverse Mortgage Changes As of October 2nd 2017, Reverse Mortgage experienced some drastic changes creating fear for many individuals who specialize specifically in Reverse Mortgage. Lenders received a letter from the U.S. Department of [...]
  • Mortgage Rates Soar over 4.1% After Trump Win There has been an increase of selling in U.S. Bond markets that has increased mortgage rates up-up-and away. We all knew the market was going to be more [...]

Random Articles

  • Are you ready to become a Mortgage Branch Manger? Mortgage Loan Officers are always looking to grow in their professional career. Often times LO’s are so concentrated on their work (which is a good thing) that they [...]
  • Luke Osborne November 14, 2016     More from MortgageBankingNews Calculate how much more $$$ you make with 125 bps Find out how to Become Your Own Branch Interested in Becoming a Contributor? Luke Osborne is Director of Mortgage Banking at [...]
  • Mortgage Compliance Overview Luke Osborne November 14, 2016   All “mortgage companies” including banks and non-bank lenders and brokers need to comply with an expanding set of laws that regulate the mortgage industry. The Financial Crimes Enforcement [...]
  • Ex-Wells Fargo Branch Manager Says She Was Fired for Not Meeting Aggressive Goals By JO LING KENT Original Article: http://www.nbcnews.com/business/business-news/ex-wells-fargo-branch-manager-says-she-was-fired-not-n657166 Former Wells Fargo employee Julie Miller traveled to Washington, D.C. this week to see her former CEO, [...]
  • Zillow Reports: Not anywhere close to “Housing Bubble” Svenja Gudell, Chief Economist with Zillow recently released information about where the economy was in relation to our last housing crisis. I have heard over and over [...]
  • Quicken Loans HQ Underwriting Lawsuit – Detroit Luke Osborne November 14, 2016     And so the finger pointing begins. Underwriter: “They made me underwrite loans I didn’t feel comfortable and gave me big bonus to [...]