Mon, Oct 10 2011, 9:40 AM
At this
week's MBA conference in Chicago I have noticed conference participants doing
their very best to look very busy, even when standing in a lob...
Fri, Oct 7 2011, 10:34 AM
Pssst...efha.com
is for sale. It was designed as a retail site, and the sale includes the domain
name and redesigned screenshots. Visit efha.com
fo...
Thu, Oct 6 2011, 9:41 AM
roduction
jobs come and go. On one side, Kinecta
Federal Credit Union is continuing to grow its business and is hiring Retail Mortgage Loan Cons...
Wed, Oct 5 2011, 11:35 AM
The
English language has different nouns for the various groups of animals. We call
a bunch of cows a "herd." We call a group of geese a "gaggle," a...
Tue, Oct 4 2011, 11:34 AM
"As
previously announced, Bank of America Home Loans plans to exit the
correspondent mortgage lending channel and focus entirely on retail
distribu...
Mon, Oct 3 2011, 11:04 AM
Well, here
we are. The sun managed to come up (so far at least on the East Coast) after
the temporary loan limits weren't extended. On Oct. 1, the s...
Fri, Sep 30 2011, 10:36 AM
Baseball
fans will know the answer to this one: What's the difference between a hot dog
at Fenway Park and a hot dog at Yankee Stadium? Answer: You ...
Thu, Sep 29 2011, 10:51 AM
With two
business days left in this month, and companies scrambling to fund either high
balance loans or Streamline loans where rates have dropped e...
Wed, Sep 28 2011, 11:30 AM
Most of my
friends barely know what a mortgage broker is, yet the president brought up the
term in a speech: "...it is our responsibility to make su...
Tue, Sep 27 2011, 11:05 AM
Some
things you just can't make up. Arch West died last week of natural causes at
the age of 97, and when he is buried this weekend, Arch West will ...
Mon, Sep 26 2011, 10:27 AM
Have you
ever heard of the Federal Financial Institutions Examination Council? I must
admit that I hadn't, until it released its latest report which...
Fri, Sep 23 2011, 10:24 AM
Hopefully
failing a breathalyzer test doesn't happen to any mortgage bankers tonight
after Happy Hour.
Folks who
are hedging a pipeline, or wh...
Thu, Sep 22 2011, 10:32 AM
Sometimes
things aren't always what they seem. For example, http://www.wimp.com/sweetride/ .
One would
hope that a major US bank is what it seem...
Wed, Sep 21 2011, 11:06 AM
I handed
the teller at my bank a withdrawal slip for $400.00. I said "May I have
large bills, please." She looked at me and said, "I'm sorry sir, al...
Tue, Sep 20 2011, 10:54 AM
It used to
be that people who walked down the street arguing with nobody there were deemed
"crazy". When cellphones first got overly popular, my mo...
Mon, Sep 19 2011, 11:46 AM
Welcome to
Talk Like a Pirate Day. Of course, 3.14159...% of sailors are Pi Rates.
Yesterday through next Sunday is "National Singles Week", sta...
Fri, Sep 16 2011, 10:40 AM
"I
went for my routine check-up today and everything seemed to be going fine
until he asked me to drop my shorts! Do you think I should change
den...
Thu, Sep 15 2011, 10:57 AM
Welcome to
National Hispanic Heritage Month, which started with a week-long tribute in
1968 under President Lyndon Johnson, but was expanded in 1988...
Wed, Sep 14 2011, 10:57 AM
"A
clever person solves a problem. A wise person avoids it." But at this
point, most believe that it is too late to avoid the problems in the mortga...
Tue, Sep 13 2011, 10:34 AM
Even dumpsters can be turned into homes - but
what about the comps? Is There Room For The Rat?
Rates are great, but no experienced loan
...
Mon, Sep 12 2011, 11:34 AM
Don't
forget that we're one week away from "Talk Like a Pirate Day." Of
course, to err is human; to arr is pirate.
The next
time you're thinking...
Fri, Sep 9 2011, 10:05 AM
[ I am away from the
computer on a daily basis, and will not be returning e-mails until September
10th. In my place are daily commentaries from a se...
Thu, Sep 8 2011, 9:56 AM
Today's contribution comes from...
Don Brown Co-President Secondary Interactive dbrown(at)secondaryinteractive.com www.secondaryinteractive.com
...
Wed, Sep 7 2011, 11:27 AM
[I am away from the computer on a daily
basis, and I cannot respond to e-mails until September 11th. In my place are
daily commentaries from a serie...
Fri, Sep 2 2011, 12:06 PM
[I am away from the computer on a daily basis, and I cannot respond to e-mails until September 11th. In my place are daily commentaries from a series ...
Fri, Sep 2 2011, 12:06 PM
[I am away from the computer on a daily
basis, and I cannot respond to e-mails until September 11th. In my place are
daily commentaries from a serie...
Wed, Aug 31 2011, 9:12 AM
Mortgage
banking and real estate are typically not physically hazardous professions. In
case you're ever tempted to throw down your pen & pencil and...
Tue, Aug 30 2011, 10:44 AM
Realtors
and mortgage professionals know that divorce
can often lead to the formation of a new household. According to the Census
Bureau, the nat...
Mon, Aug 29 2011, 10:32 AM
An IT
person is someone who understands this joke: "The definition of 'Installation
routine': A process employed by many applications to overwrite a...
Fri, Aug 26 2011, 10:50 AM
Don't you
always wonder how much the guys standing at the stoplights take home, tax-free?
It is a little farcical, but: HowMuchTaxFree?
A doc...
Thu, Aug 25 2011, 10:56 AM
Warren
Buffett's Berkshire Hathaway, who owns about 10% of Wells Fargo, announced that
it is investing $5 billion in Bank of America. $100,000 per s...
Wed, Aug 24 2011, 10:09 AM
Fannie,
Freddie, and the US Government aren't the only entities struggling with debt. The
U.S. Post Office is expected to hit its $15 billion borro...
Tue, Aug 23 2011, 10:39 AM
Who is
Deven Sharma? He is the latest person to quit his job. Ordinarily this wouldn't
be a big deal, but he was the president of Standard & Poor...
Mon, Aug 22 2011, 10:20 AM
No wonder
companies are hiring. The Mortgage Bankers Association raised its forecast
for loan production this year to $1.1 trillion in residential ...
Fri, Aug 19 2011, 10:18 AM
Every
month we hear about existing home sales , with the usual quote from
someone at the NAR. (This time around, Lawrence Yun, NAR chief economist,...
Thu, Aug 18 2011, 9:32 AM
Does it
seem more crowded around here than ten years ago? Maybe not in Detroit, or in Kansas, but around the world, the
population is expected to h...
Wed, Aug 17 2011, 9:04 AM
We're in
the middle of baseball season, and here's a non-mortgage video that has people
saying, "No way": BatterUp!
Small banks can still origi...
Tue, Aug 16 2011, 10:52 AM
The
winner of the "pot calling the kettle black" award for this week goes
to U.S. Rep. Tom Graves, who was calling for fiscal responsibility in
Was...
Mon, Aug 15 2011, 10:33 AM
A man
walks into a psychiatrist's office wearing only underwear made of Saran Wrap.
The psychiatrist says, 'Well, I can clearly see your nuts." Anyo...
Fri, Aug 12 2011, 10:13 AM
(Sorry the
commentary is a little late today. It took me a long time to wade through all
of the investor price-change e-mails from yesterday. So let...
Thu, Aug 11 2011, 11:23 AM
Last
night my wife met me at the front door. She was wearing a sexy negligee. The
only trouble was, she was coming home.
The correct perspective ...
Wed, Aug 10 2011, 9:21 AM
This
unrelated-to-mortgage banking short clip of a marriage proposal will take your
mind off the markets: GoodCatch !
Maybe it will take l...
Tue, Aug 9 2011, 9:03 AM
"There's
no time to stop for gas, we're already late." One has to think about the
warped logic that is behind that statement, just as one has to thi...
Mon, Aug 8 2011, 10:06 AM
What do
Canada, Germany, France and the United Kingdom have in common? Their debt (and
a few other smaller countries) is rated AAA by Standard & Poo...
Fri, Aug 5 2011, 11:55 AM
If you
want a job, should you go to The Great State of Texas? (Unofficial motto:
"So what if it's a little hot?") Maybe: ButItsADryHeat
Think...
Thu, Aug 4 2011, 10:20 AM
RMIC
threw in the proverbial towel Wednesday afternoon. "We wish to inform you that Republic
Mortgage Insurance Company (" RMIC ") will discontinu...
Wed, Aug 3 2011, 10:48 AM
Lots of
folks take vacations during the summer, and many have to ration out their
days-off during the year. How does the amount of vacation you have...
Tue, Aug 2 2011, 10:40 AM
And so
the debt ceiling legislation passes the House of Representatives and heads to
the Senate. So the market's attention turns back to the fact th...
Mon, Aug 1 2011, 10:09 AM
"I
had amnesia once--or maybe twice." One's mental health is nothing to joke
about, and long days can make folks pretty sleepy (just ask any West Co...
Fri, Jul 29 2011, 9:59 AM
"Why do chicken coops have two
doors? Because if they had four doors they'd be sedans."
And thus starts Friday, with very
good rates but a lot o...