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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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Allied & Bella Homes in the Spotlight; Freddie Asks for $6 billion; LO Comp Remains an Issue

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by Rob Chrisman on November 04 2011, 8:58 AM

Take your pick: this is really cool, really irritating, or merely mesmerizing. But don't forget to change your clocks this weekend . I think that I finally figured out Europe. When we have... The rumors of a sovereign debt deal, stocks rally but U.S....
Thoughts on Ally Scaling Back Correspondent; HARP 2.0 Agency Differences; Updates on Loan Limits and Servicing Fees

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by Rob Chrisman on November 03 2011, 8:42 AM

No one said mortgage servicing (or lending) would be any fun. The Las Vegas City Council, on the 15 th , will consider a proposal that would make lenders responsible for the maintenance of vacant properties in default or foreclosure, or else face possible...
HARP 2.0 Comments; Allied Suspended; Lessons in Branding for MetLife's Future Purchaser; PHH Earnings

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by Rob Chrisman on November 02 2011, 6:59 AM

Following the tragic death of the Human Cannonball at the Springfield Autumn Fair, a spokesman said "We'll struggle to get another man of the same caliber." (Such a classic line.) But HUD will not be struggling to find a company of the same caliber to...
Question About Loans Going into MBS; Mortgage Insurer Stats - Good and Bad News

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by Rob Chrisman on November 01 2011, 8:11 AM

Seven billion is a lot of people. I guess that's about how many of us there are in the world: http://www.bbc.co.uk/news/world-15391515 . (And no, contrary to what you think, they won't all be in line in front you at the Apple store this holiday season...
Social Media Marketing for Loan Officers Workshop; Mortgage Jobs; MERS in the News Again

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by Rob Chrisman on October 31 2011, 8:21 AM

Welcome to Halloween. On this day every year Ops managers across the nation struggle between month-end funding and shipping more loans, or in judging the various department's Halloween decorating contests and sampling the potluck fare in the lunch room...
HARP 2.0 Unintended Consequences; Old Republic Re-entering the MI Biz?

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by Rob Chrisman on October 28 2011, 8:28 AM

For those out there that like maps, who are Native American or Alaskan, or who live in Native American areas, here is a nifty illustration (Oklahoma really stands out!). You know you've become mainstream when you have a conference, whether it is the MBA...
LO Comp - The Gift that Keeps on Giving; European News Lowers Risk but Raises Rates

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by Rob Chrisman on October 27 2011, 8:55 AM

If you have $100, maybe you can buy a house. For the next year, in some states buyers need a down payment of only $100 to purchase a HUD-owned REO home . The buyer must be an owner-occupant, utilizing financing insured by the FHA. Standard FHA underwriting...
Continued HARP 2.0 Chatter; Uh-oh...Now Genworth? Basel III Rumblings

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by Rob Chrisman on October 26 2011, 8:24 AM

Mobile homes: personal or real property? This may shed some light on the issue. First RMIC, then PMI, now...Genworth ? And at some point even the other MI companies would agree that we don't need one less company writing policies. The hype from Monday...
Lenders Hope HARP 2.0 Changes 2012 Production Volume Forecasts; Ocwen to Buy Saxon Servicing from Morgan

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by Rob Chrisman on October 25 2011, 7:56 AM

We have six days until Halloween, after which, it seems, the pumpkin lots magically transform into Christmas tree lots. Halloween goes back to Celtic rituals thousands of years ago - even then guys probably didn't like dressing up for parties. The Census...
More Mortgage Jobs; Regulators Seize Main PMI Subsidiary; MGIC's 3rd Quarter Loss; BofA Shuffles Management - Outlines Shutdown

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by Rob Chrisman on October 24 2011, 8:11 AM

A song that studies the demographics of the East Coast? "I want to find myself relaxin' with the other Anglo Saxons." http://biggeekdaddy.com/humorpages/Humor/GulfCoast.html There are a few jobs to note. Chicago Bancorp , whose owners recent...
PrimeX Primer; Broker Business Still Impacting Prepayment Speeds; Shouldn't Mortgage Rates be Lower?

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by Rob Chrisman on October 23 2011, 11:41 AM

(Editor's note: occasionally there is too much news & information to stick with the usual Monday-Friday commentaries. And thus we have today's. Sorry to intrude on any quiet Sunday out there, but what are you doing checking e-mails today anyway?)...
Jumbo Saga Continues; Fannie & Freddie Increase Buybacks; Remodeling Projects Setting Records

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by Rob Chrisman on October 21 2011, 9:03 AM

Tomorrow is college football day. For you college football fans out there: http://www.robchrisman.com/references/a_and_m_letter.pdf . And yes, it is staying dark later in the morning, and the sun is going down earlier here in the northern hemisphere....
How to Manage Repurchases; Loan Limit Fight Not Dead; Surprising Multi-family Statistics

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by Rob Chrisman on October 20 2011, 8:49 AM

Here is a notable take on Realtors, for better or worse, titled " Five Rules to Remember When Dealing with Real Estate Agents " . Have you commented yet on the possible changes in servicing values ? The dust has settled a little, but it is important....
More Mortgage Jobs; Loan Loss Reserve Stats - Setting Aside Enough?

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by Rob Chrisman on October 19 2011, 8:39 AM

Men have always wanted a manual for women. (I am sure somehow, that just like the manuals for cell phones and cameras, we'd flip through and look for the "Quick Start Up" section and only read that. And then, just like cameras and cell phones, we'd only...
Wells Fargo, More than $1 Billion Per Day; State Examiner Guides Could Be Useful; MERS Training; Conference Talk

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by Rob Chrisman on October 18 2011, 8:18 AM

"Buy real estate - they're not making any more of it." Most of the time that is true, but here is a somewhat interesting 50 seconds of the entire side of a cliff disappearing - England has a new beach. For a mortgage bank, what is your warehouse cost...

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