Wednesday , 20 January 2021

More and More eClosings; Credit Score Trends: 850 FICO a Goal?

By Rob Chrisman

Posted To: Pipeline Press

I’ve only been in this business since the mid-80s, and as a capital markets person always find it amusing when an owner says, “If it wasn’t for TBA pair off costs, we would REALLY be making money!” For the antithesis of making money, on this date 10 years ago news broke that First Magnus…well… didn’t make money. (And just look at those Fed Fund rates!) Vendor updates Here’s the latest from The Mortgage Collaborative, which holds its summer “eclipse” conference in Nashville next week. “The Mortgage Collaborative, the nation’s only independent mortgage cooperative, announced a new partnership with national compliance solutions provider, Strategic Compliance Partners. The new relationship with Strategic Compliance Partners adds another best-in-class mortgage compliance…(read more)

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