Thu, Feb 12 2015, 10:11 AM
A
Pew survey finds the typical middle class family could only replace 21
days of income with readily accessible funds. What is even scarier
perh...
Wed, Feb 11 2015, 10:27 AM
There
are plenty of states with plenty of mountains. In fact, while many say
it is "as flat as a pancake" in Kansas, you might be interested to kn...
Tue, Feb 10 2015, 10:32 AM
Tonight
I head to Houston for a couple days, and the city certainly has its
share of coffee houses. What if purchasing your next house near a
St...
Mon, Feb 9 2015, 10:59 AM
Next Monday is a Federal Holiday. When I was a kid we had
both Lincoln's and Washington's birthdays off, and it serves as a
reminder that we got g...
Fri, Feb 6 2015, 11:00 AM
"Rob, do you know where I can find a list of
the largest credit unions?" Yes I do: credit union ranking .
Credit unions in the United States serv...
Thu, Feb 5 2015, 10:55 AM
In
the last few weeks I have had the opportunity to visit Florida, Oregon,
Colorado, Southern California (its own state), Arizona, Texas, and
Fl...
Wed, Feb 4 2015, 9:43 AM
Appraisers, and pet lovers, will find this house dedicated to felines
of interest. Personally, I view it as somewhat quirky. Maybe not so
quirky...
Tue, Feb 3 2015, 10:20 AM
What's
ahead of us this month? Valentine's Day, that's what. "The Hallmark
Holiday" is quickly approaching and hopefully you have bought your love...
Mon, Feb 2 2015, 10:18 AM
The economy is filled with surprises , and people warning us about them
- and us not listening. Every time we fill up our gas tanks we are
remi...
Fri, Jan 30 2015, 10:48 AM
The
U.S. Census Bureau has published some facts featuring the metro areas
represented by the two teams playing in Super Bowl XLIX (the New England...
Thu, Jan 29 2015, 10:45 AM
"Rob, I just heard of a major lender offering an internal incentive for originating FHA streamline refinances .
The bonus is 100 bps on top of thei...
Wed, Jan 28 2015, 9:57 AM
Don't
forget that last Friday Ocwen Financial reached a settlement with a
California regulator that will allow it to continue operating in the
...
Tue, Jan 27 2015, 10:29 AM
I
see a fair amount of state-level news, and it seems to be the season
for lenders to meet with legislators. What items are on the agendas? As
a...
Mon, Jan 26 2015, 10:42 AM
One never knows what will cause mass hysteria . Maybe the storm hitting the Northeast? I doubt Ocwen's troubles
will cause it, but the industry h...
Fri, Jan 23 2015, 10:48 AM
I
am in Portland, Oregon today, but I flew, of course, commercial. In
things to note, in Davos, Switzerland, where the famous finance folks
are,...
Thu, Jan 22 2015, 10:55 AM
Youth might be wasted on the youth, but maybe not education. MBA Education today announced the launch of Mortgage Banking Bound , a program designed ...
Wed, Jan 21 2015, 10:34 AM
A new JPMorgan Chase report indicates that summer jobs for young adults have significantly declined .
Less than half of young people (46%) who appl...
Tue, Jan 20 2015, 10:29 AM
Whether
you're upper class, middle class, lower class, or drinking class, do
you really think the distribution of wealth is somewhat widespread?
...
Fri, Jan 16 2015, 10:59 AM
Poor
Baby Boomers. The industry is so fixated on waiting for the "trophy
generation" Millennials to figure out what they want for housing (see
u...
Thu, Jan 15 2015, 10:36 AM
Have
some spare doubloons sitting in your bank account, and want to put them
to work? You could buy a Japanese 10-yr note and earn about .25% per ...
Wed, Jan 14 2015, 10:23 AM
After
being in Colorado earlier this week and preparing for a trip to Florida
Friday, I must admit that to save time most of today's commentary ha...
Tue, Jan 13 2015, 10:47 AM
"I
didn't make it to the gym again today. That makes five years in a row."
Speaking of streaks, ""Even if you played 60 million hands of poker for...
Mon, Jan 12 2015, 10:28 AM
Not
everyone is wild about the FHFA (which oversees Freddie & Fannie)
joining the Federal Home Loan Bank System. Last week the MBA submitted
its...
Fri, Jan 9 2015, 10:34 AM
I
guess it is a "new" economy? Coca-Cola has announced plans to lay off
about 1,800 employees globally, in an effort to cut costs by roughly US
...
Thu, Jan 8 2015, 10:22 AM
Congrats
to Allan Landon, the former CEO of Bank of Hawaii Corp. President
Barack Obama plans to nominate him to be a Federal Reserve governor
a...
Wed, Jan 7 2015, 9:56 AM
Plenty
of LOs and lenders rely on the FHA's programs for their livelihood.
(FHA loans account for about 10% of all applications, VA 11%, USDA 1%.)...
Tue, Jan 6 2015, 10:44 AM
I'm hooked on watching Buying Alaska, but heck it could be Buying Bismarck, ND for
all I care; there's just something interesting about looking at ...
Mon, Jan 5 2015, 10:44 AM
"The
first five days after the weekend are the toughest." And after two
holiday weeks, this week is going to seem pretty long. And how the heck
...
Fri, Jan 2 2015, 10:27 AM
The U.S. Census Bureau projected the United States population to be 320.1 million as of yesterday.
(And no, not all of them contribute to NAR.) Th...
Wed, Dec 31 2014, 10:55 AM
Those who
follow this kind of thing note that 32% of adults lived with someone
other than a spouse or partner in 2012 vs. only 26% in 2000. From a...
Tue, Dec 30 2014, 10:45 AM
Economists
are carefully watching the impact of falling oil prices on the Texas
(and other oil states) economy. For single adults making the feder...
Mon, Dec 29 2014, 2:56 PM
In
spite of the holidays notes and letters continued to come in, and
covered a number of topics including influencing appraisers, how
renovating...
Fri, Dec 26 2014, 8:51 AM
According to the U.S. Census Bureau's statistics on population, between
July 1st, 2013 and July 1st, 2014 an average of 803 new residents were add...
Wed, Dec 24 2014, 10:27 AM
As
you may have guessed, there is no logical correlation between whether
there is snow in Boston on Christmas and the performance of the stock
m...
Tue, Dec 23 2014, 10:34 AM
Let's talk about the $26 billion in equity gain
in Colorado in 2014 - Rocky Mountain High! What are not gaining are the
stock prices of non-ban...
Mon, Dec 22 2014, 10:47 AM
It's
Christmas-time, and we are all seeing plenty of logos out there. Those
graphic design people are pretty clever, and plenty of logos have hid...
Fri, Dec 19 2014, 10:54 AM
My
brain can't keep track of all the statistics coming out of lending. But
you won't find many people who will argue that real estate & credit
h...
Thu, Dec 18 2014, 10:15 AM
"Congress extends Mortgage Debt Forgiveness Act "
- hey, that's good news, right? In fact the Senate approved a bill that
would retroactively ext...
Wed, Dec 17 2014, 10:53 AM
For
folks who like paper and documentation, in 2015 nearby Iowa (I am in
Kansas for a few days) will become the first state to offer an official
...
Tue, Dec 16 2014, 10:44 AM
Looking at
things in a different way works very well in marketing as well. Carol
Kimball sent along something for Realtors out there: selling a ho...
Mon, Dec 15 2014, 10:43 AM
"What I don't like about office Christmas parties is looking for a job the next day." Here are a few tips on how to avoid that. And avoiding mortga...
Fri, Dec 12 2014, 10:43 AM
"You
can tell a lot about a woman's mood just by her hands. If they are
holding a gun, she's probably ticked-off." Here's another observation,
b...
Thu, Dec 11 2014, 10:58 AM
"Karma
means that I can rest easy at night knowing that all the people I
treated badly had it coming." But there is also good karma, and the MBA
...
Wed, Dec 10 2014, 10:32 AM
Winston
Churchill said, "There are a terrible lot of lies going around the
world, and the worst of it is half of them are true." Figures don't lie...
Tue, Dec 9 2014, 10:45 AM
No
one wants to see their companies and future employment batted around in
the press, but perhaps our brethren and Freddie and Fannie are
accust...
Mon, Dec 8 2014, 10:57 AM
Folks
who have all their retirement money tied up in Ocwen shares hope that
they don't go the way of Lehman Brothers, PNC, Countrywide, WAMU, and ...
Fri, Dec 5 2014, 10:54 AM
Yesterday
at the MBA's IMB conference, besides folks talking about Chase
correspondent pricing through the market, wondering if 4:1 is the magic...
Thu, Dec 4 2014, 12:59 PM
Genworth U.S. Mortgage Insurance recently released its survey
that was conducted at the MBA conference in Las Vegas in October of
over 300 indu...
Wed, Dec 3 2014, 9:54 AM
With
plenty of texts flying around regarding the MBA's conference in San
Diego that starts today and thus the early commentary, here is an
"exci...
Mon, Dec 1 2014, 9:32 AM
I still own a typewriter. But Discover Home Loans conducted a national survey of more than 1,000 recent homebuyers and found that most homebuyers b...
