January 2010 - The Garrett Watts Report

Place your ad here

Latest Video

"Mortgage Rates Improve on Weak Data, Greece Jitters"

Published: 2/14/2012

View | Subscribe | Archive | Share

Comments

Kelcey Morange
Answers: 100
MisterVA
Answers: 94
Antonio Cibella
Answers: 81

Scenarios
Search

Channel Options ↓ More

The Garrett Watts Report Headlines

RSS

EMAIL ALERTS

News » The Garrett Watts Report

Home » News Headlines » The Garrett Watts Report Home

About this Channel

The Garrett Watts Report shares stories and day to day experiences of veteran industry consultants Joe Garrett, Corky Watts and Mike McAuley. Writers observe and examine the micro-mortgage market from a viewpoint that helps lenders of all sizes increase revenues, control costs and better manage risks.

Learn more about the authors and their services:
Garrett, Watts & Company | http://www.garrettwatts.com

Sort by: Most Recent | Most Viewed | Most Commented

Planning for the Slowdown; Texas Ratio Update; MGIC Honoring Claims; Putting Funds to Work

Comments (1)

Read More

by C.M. "Corky" Watts, CMB on January 29 2010, 4:30 PM

If you’re highly dependent on refinances, do you have an exit strategy? What are your plans for what you’ll do when rates go up 100-200 bps and refinances drop by 80%? We’ve seen too many companies hang in there month after month, losing huge amounts...
Tracking Your Operation's Financial Position Using a "Dashboard"

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 28 2010, 2:25 PM

We are seeing more and more CEOs looking for accurate and concise information about their companies to help detect positive and negative trends. Rather than shifting through hoards of reports and data, they would rather have a one page “Dash Board” that...
Eliminating Fannie Mae and Freddie Mac; Overaggressive Bank Examiners; Rewriting California's Constitution

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 27 2010, 11:09 AM

Eliminating Fannie Mae and Freddie Mac; Overaggressive Bank Examiners; Rewriting California's Constitution...
Dealing with Increased Net Worth Requirements: Developing a "Book"

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 26 2010, 11:19 AM

Our last post discussed the options mortgage banking operators face with increasing capital requirements. Options three and four looked at partnering with a bank or raising new capital. These two options are different, but preparing for them is similar...
Sloppy Loan Origination; Warehouse Lending Update; TBW Timing; Failed TARP Repayment; Economic Freedom

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 25 2010, 10:59 AM

Garrett Watts Report Newsletter: January 25, 2010: Sloppy Loan Origination; Warehouse Lending Update; TBW Timing; Failed TARP Repayment; Economic Freedom...
Net Worth Requirements Present Tough Decision for Small Mortgage Bankers

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 22 2010, 7:53 AM

The changes in net worth requirements of FNMA and the 3-year staged increase in net worth of HUD are creating a dilemma for many small mortgage bankers. The minimum net worth requirement for mortgage bankers is quickly moving to $2.5 million. If you...
Warehouse Funding Line: A Mortgage Banker's Best Friend

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 20 2010, 2:06 PM

Warehouse lenders are critical for mortgage bankers. It’s hard to function as a mortgage bank without one. Having a relationship with more than one major warehouse bank, plus a local community bank, makes good business sense. If you are an operator...
Perspective on Two Different Economic Setbacks

Comments (1)

Read More

by C.M. "Corky" Watts, CMB on January 19 2010, 2:01 PM

As I’ve watched the news on Haiti, I was trying to bring some perspective into the recent economic damage we all experienced from the mortgage meltdown. You see many of us saw our home values drop 30%-40%, stock prices fall 50% or more and income levels...
Originator Commission Splits; Operations Salaries; Subprime Loan Delinquencies; Acquiring a Bank; Revenue Leakage

Comments (1)

Read More

by C.M. "Corky" Watts, CMB on January 19 2010, 1:44 PM

Originator Commission Splits and Salaries; Subprime Loan Delinquencies; Acquiring a Bank; Revenue Leakage...
Loan Originators Must Be Prepared to Deal with Trailing Risks

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 15 2010, 2:55 PM

If you are mortgage banker or broker that survived the last several years, you’re probably feeling pretty good after 2009. Last year will stand out as one of the better profit years for many mortgage banking participants. However, your survival has...
How Loan Originators Create Value for a Mortgage Operation

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 14 2010, 12:06 PM

As a top producing loan officer, I would want to work for a company that had this type of reward system in place that would help me generate higher commissions and therefore profits for myself. We look at the current business environment to see what...
Dealing with Loan Repurchase Requests from Mortgage Lenders

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 13 2010, 3:24 PM

Most mortgage bankers don’t want to talk about or deal with investor loan repurchase requests, but they are not going to miraculously disappear through define intervention. If you receive one, develop a strategy to work with the investor in a comprising...
Maximizing Return on Capital in the Mortgage Business

Comments (1)

Read More

by C.M. "Corky" Watts, CMB on January 12 2010, 2:00 PM

Many mortgage banking CEOs are past production people that believe a company’s success is based on growing production. Production is part of the equation, but Return on Capital is the end game. ...
Top Mortgage Servicers; Should Lenders Be Worried; Failed Bank Update; The Dornbusch Law; Keeping GMAC Alive

Comments (3)

Read More

by C.M. "Corky" Watts, CMB on January 12 2010, 1:59 PM

Top Mortgage Servicers; Should Lenders Be Worried; Failed Bank Update; The Dornbusch Law; Keeping GMAC Alive...
Reducing 'Revenue Leakage' in Secondary Marketing Activities

Comments (0)

Read More

by C.M. "Corky" Watts, CMB on January 11 2010, 3:12 PM

Gain on Sale revenue leakage and wine leakage from barrels is not good for either business. Any leakage is a waste and reduces the opportunity to make profits....

1 2 3 Next >

	RSS - Subscribe to our Daily Rate Update RSS Feed.
	Twitter - Follow our Daily Rate Update on Twitter.
	Facebook - Follow our Daily Rate Update on Facebook.
	Bookmark - Bookmark our rates page and visit daily for updates.
	Mobile Apps - There's an App for this too. Learn more about our Mobile Apps.

More From MND