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Published: 1/26/2021

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Pipeline Press is an informational forum focused on the interpretation and discussion of industry specific news, intelligence, investor bulletins, lender releases, developments, events and even rumor.

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Credit, Sales, Subservicing, Fulfillment Products; Webinars and Training For Everyone

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by Rob Chrisman on October 13 2020, 8:07 AM

If I were going to open up a store for eyeglasses, I’d make the sign in front of the building blurry. Lenders now don’t have to be so clever, as we’re in the midst of about the eighth “once-in-a-lifetime” mortgage market...
Sales, Innovation Jobs; CEO Role Wanted; Webinars; Compliance, Database Tools; Disaster Updates

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by Rob Chrisman on October 05 2020, 8:16 AM

Are you sure that the underwriter or processor working from home isn’t working simultaneously, on a different laptop, for another company besides yours? My guess is that it would be exhausting, unethcial, and would never happen. Except an owner...
Warehouse, Broker Products; Current Economic Picture

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by Rob Chrisman on September 10 2019, 8:09 AM

The gap between the haves and have-nots continues to widen. Though the wealth of U.S. households has eclipsed $100 trillion, the wealthy have primarily accrued the post-recession gains. Those in the top 1 percent of U.S. households have seen their wealth...
Sales, Ops, QC Jobs; Retention, VOI, Broker Products; Ops and Processing Changes

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by Rob Chrisman on November 19 2020, 8:13 AM

“Life is like a helicopter. I don’t know how to operate a helicopter.” Remember how exciting it was when the technology of spellcheck came along? (People handwrite “congrats” on cards because they can’t spell “congratjulashons...
Ops, MLO, Bank Sales Management Jobs; QC Report, Retention, Cap. Markets Tools; Jumbo and Non-QM Tidbits

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by Rob Chrisman on December 23 2020, 8:23 AM

My cat Myrtle (Myrtlus Domesticus) doesn’t have much in the way of material possessions. Need to get rid of unwanted junk during the holidays? Put it in Amazon boxes and leave them on your front porch. The holidays are a time of a lot of awkward...
MLO, Ops Jobs; Marketing, Non-QM, Jumbo Products; Company News

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by Rob Chrisman on November 12 2020, 8:42 AM

Are the election results under control? Thank you to Hawai’i’s Joe G. who sent along this site where the odds of who the next president will be are posted; you can buy shares in your favorite! Is COVID under control? In some parts of the nation...
CTO, MLO, Ops Jobs Across the Country; Customer Service, eSignature Tools; MLO Yield Curve Primer

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by Rob Chrisman on November 24 2020, 8:09 AM

Remember when you drove to work every day? For non-mortgage kicks, here’s a site where you can take a virtual drive through dozens of cities around the world, setting the speed of the vehicle, street noise, and local radio station. (Just click on...
MLO, Ops Jobs; MSR Valuation, Training, Non-QM, Retention, Tax Tools; New Jumbo Wholesaler; 2006 vs. 2019: Nothing is Forever

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by Rob Chrisman on October 16 2020, 8:49 AM

What’s more important, spending money on the latest iPhone, or taking care of your body? Every Thursday we receive Initial Jobless Claims statistics, and usually on the first Friday of the month we receive a set of employment data. But who makes...
VOE, Broker, Non-QM, Social Media Tools; 1.5 Percent Security Takes Off

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by Rob Chrisman on October 30 2020, 8:29 AM

Happy X/XXX/XX if you are a Roman. Rome certainly had its share of slaves, and the existence of slavery in one’s family has certainly caused consternation in the present day as buildings are renamed and statues are torn down. Companies that made...
MLO Jobs; Training, Servicing, Tech, Broker Tools; Events and Training; Freddie and Fannie Changes

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by Rob Chrisman on October 20 2020, 8:25 AM

For all you Romans out there, happy X/XX/XX. As we sail through October, are these the best quarters to be an originator, or a lender, ever? Yes. If you believe Fannie Mae, annual mortgage originations are likely to top $4.1 trillion for the first time...
MLO, Ops Jobs; Shell Wanted; Broker, Retention, Doc Products; Investors React to USDA, FHA, VA Changes

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by Rob Chrisman on October 15 2020, 8:12 AM

When I grow up, I want to live in… Estonia? If you need a break, and are thinking about leaving the U.S., take a gander at some highly-ranked work from home places to live besides the United States. Election Night? Forget it. It could be “Election...
Solution Engineer Jobs; Capital Markets Best Ex, Sales Tools; Non-QM Updates; Economic Rebound Losing Steam?

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by Rob Chrisman on December 03 2020, 8:07 AM

With the COVID pandemic, it doesn’t quite seem like we’re in the middle of pro football season, although apparently the folks in Jacksonville will do anything for their team. Speaking of which, I decided to finally get a COVID test, thinking...
Servicing, MLO, Ops Jobs; Compliance, Jumbo Products; Webinars and Training; Housing, Jobs, and Stable Rates

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by Rob Chrisman on September 30 2020, 7:56 AM

Welcome to the start of Fat Bear Week in Alaska. (There’s even a Park Service bracket with the favorites... expect upsets!) It’s probably easier to forecast the fattest bear than it is to predict forbearance trends, although MCT’s “...
IT and Sales Management; Operations, Forbearance Products; Training Webinars; Women Leaving Workforce

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by Rob Chrisman on October 06 2020, 8:40 AM

Yes, here we are at the 10th month of the year. You know, “Dec” ember. Oh, this is “Oct” ober. There’s a reason. The numerical names of months date back to the time when in the Ancient Rome the year began in March, so September...
VOE, Valuation, Accounting CRA Eligibility Products; Training and Events

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by Rob Chrisman on October 07 2020, 8:30 AM

You have a couple workdays under your belt this week, so let’s take a one paragraph break from mortgage stuff. Pumpkin patches are here, and every parent worth their salt tells kids that unpurchased pumpkins grow into Christmas trees in two months...

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