Tue, Dec 12 2023, 10:14 AM
Today I head to Northern California, home of plenty of technology. The other day I went to the doctor and the receptionist handed me a tablet and said...
Mon, Dec 11 2023, 10:58 AM
If olive oil is made from olives, what is baby oil made from? The regulatory framework, some would say “tangled web,” facing lenders is made from hund...
Fri, Dec 8 2023, 11:15 AM
“What do you call James Bond having a bath? Bubble 07.” In different bond matters, mortgage rates will always be higher than Treasury rates, in part b...
Thu, Dec 7 2023, 10:58 AM
Time flies (see joke at bottom), and here we are at Pearl Harbor Day already. “I'm a multitasker. I can listen, ignore, and forget all at the same tim...
Wed, Dec 6 2023, 11:29 AM
Yesterday I was driving across Northern California to the coast (Gualala), and in Sacramento I asked the McDonald’s drive-through clerk (hey, only the...
Tue, Dec 5 2023, 11:33 AM
My cat Myrtle doesn’t have a lot of rizz, and there are those that will argue that no cat has any charisma whatsoever. But plenty of marketing people ...
Mon, Dec 4 2023, 10:43 AM
“People would learn more from their mistakes if they weren’t so busy denying them.” Here’s a little trivia for the compliance folks in the coffee room...
Fri, Dec 1 2023, 12:04 PM
Yesterday, a clown held the door open for me. It was such a nice jester. On the flip side, it’s not nice being taken advantage of and lenders are feel...
Thu, Nov 30 2023, 10:42 AM
Home schooling is the goodest thing I ever did for my two kids. Hopefully, they both learned that an inverted yield curve doesn’t automatically create...
Wed, Nov 29 2023, 11:20 AM
There is always non-mortgage financial news. Mark Cuban is both selling his share in the Dallas Mavericks and leaving Shark Tank. Berkshire Hathaway’s...
Tue, Nov 28 2023, 10:09 AM
While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, ...
Mon, Nov 27 2023, 11:16 AM
The mortgage industry does not move in unison, unlike some groups. (You’ll need sound.) But consistency is important. For example, Starbucks fans can ...
Wed, Nov 22 2023, 9:42 AM
“I threw my phone from the roof, and it broke. I guess airplane mode wasn’t working.” Plenty of folks will be traveling soon. Here’s some trivia for t...
Tue, Nov 21 2023, 10:30 AM
“This commentary is only available while supplies last!” In the fall of 1621, the Pilgrims, working hard in Plymouth Colony after coming to North Amer...
Mon, Nov 20 2023, 10:30 AM
When you own your own home, you don’t have to deal with unreasonable landlords. (Warning: uncensored.) And then there are those who own their own home...
Fri, Nov 17 2023, 11:13 AM
Talk can be humorous. "That lowdown scoundrel deserves to be kicked to death by a jackass, and I'm just the one to do it." (Attributed to a congressio...
Thu, Nov 16 2023, 11:02 AM
“Every disaster movie starts with the government ignoring a scientist.” Vendors and lenders can’t ignore red ink. Here in Kansas City, one of the disc...
Wed, Nov 15 2023, 10:36 AM
Besides Janet Yellen’s In-N-Out foray, it is a rough environment out there: Hope you don’t want a Wells Fargo HELOC. Or just ask Citizens who is exiti...
Tue, Nov 14 2023, 10:32 AM
This morning I head to Kansas, greeted by the news that Southwest is raising drink fees for the holidays. Has the “Let’s circle back after the holiday...
Mon, Nov 13 2023, 11:52 AM
Whether it is an obscure band or an eatery in San Diego, a well-known palindrome is “tacocat.” Huh? Yes, it’s the same spelled backward or forward. Yo...
Fri, Nov 10 2023, 11:47 AM
My cat Myrtle is enthralled with Artificial Intelligence (AI). Okay, I made that up. She’s only interested to the extent that it impacts the supply of...
Thu, Nov 9 2023, 10:21 AM
Originators: Want to add value for your potential current or previous clients who are veterans? Send them a link to Veteran’s Day discounts and free m...
Wed, Nov 8 2023, 9:54 AM
You should know that caffeine increases the power of aspirin and other painkillers, which is why it is found in some medicines. You should also know t...
Tue, Nov 7 2023, 10:22 AM
Yes, WeWork has filed for bankruptcy, but if you look at GDP and employment, our economy is doing pretty well. Did you know that the Dallas metro area...
Mon, Nov 6 2023, 10:39 AM
Do you use make up? Charles Revson of Revlon observed, back in the days when you could observe these things, "In the factory, we make cosmetics; in th...
Fri, Nov 3 2023, 10:08 AM
The upcoming credit price changes were not discussed yesterday at the counter in Paul’s Pancake Parlor here in Missoula, but they might have been. As ...
Thu, Nov 2 2023, 10:31 AM
The talk here in Missoula is about general inflation, and continued reductions & cutbacks as our biz hunkers down. Yet a mortgage publication just rai...
Wed, Nov 1 2023, 10:45 AM
This morning it’s off to Missoula, Montana, for me to spend some time with the folks at MAMP. (Few states have as many different species of mammals as...
Tue, Oct 31 2023, 10:56 AM
“Change is inevitable, except from a vending machine.” Corporate changes are the name of the game. Atlanta’s Crescent Mortgage’s bank owner is alignin...
Mon, Oct 30 2023, 10:46 AM
“Hey, just because you’re offended doesn’t mean you’re right.” Lenders, who paid out bucks, believe that they are right and within their rights in “cl...
Fri, Oct 27 2023, 10:59 AM
The unofficial Chrisman LLC sarcastic slogan is, “We do this not because it is easy, but because we thought it would be easy.” Hopefully, there are no...
Thu, Oct 26 2023, 12:32 PM
It is said that if all the hunters on opening day(s) of deer season in Wisconsin were grouped together, they would comprise the sixth largest army in ...
Wed, Oct 25 2023, 9:49 AM
Here in the Milwaukee area (yes, the autumn colors are stellar), I attended a Newrez joint venture event and one of the conversation topics (besides l...
Tue, Oct 24 2023, 10:35 AM
I was very excited last Saturday when I rode my bike by a garage sale and saw, “The Holy Bible” for sale, with a “signed edition” sticker on it. Of co...
Mon, Oct 23 2023, 10:23 AM
This morning (as I head to Chicago) and every morning, I keep myself sharp by regularly asking myself the tough questions like, “What happened yesterd...
Fri, Oct 20 2023, 11:01 AM
“Who closes the door when the bus driver gets off? The world is full of questions. “Why have all the predictions of lower rates been wrong?” Yesterday...
Thu, Oct 19 2023, 11:01 AM
Unlike lenders who are dealing with 8 percent on rates sheets, sports fans and sports bars are reveling: NBA, MLB, NFL, NHL, all at the same time… And...
Wed, Oct 18 2023, 10:35 AM
“What do you call a bovine with a stutter that makes chocolate milk? Cacao.” Speaking of sweets, hats off to Byte’s booth at the conference for dishin...
Tue, Oct 17 2023, 10:56 AM
Talk in the hallways here at the MBA Annual in Philly? How about the cost of insurance of all types. Case in point: “What Happens When the Flood Insur...
Mon, Oct 16 2023, 10:00 AM
The old joke, “Why don’t the Phillies have a website? Because they can’t string three W’s together!” is no longer true. The Phillies are doing just fi...
Fri, Oct 13 2023, 10:02 AM
Today, as I head to Chicago (from the Native American word shikaakwa, for the wild onion) on my way to Philadelphia, I received this note. “Rob, why i...
Thu, Oct 12 2023, 11:10 AM
Today is 101223. Of course you know, by looking ahead to the last day of 2023, that it will be 123123. By then, how many times do you think you’ll hea...
Wed, Oct 11 2023, 10:40 AM
“My dog is really worried about the rising price of groceries, with a can of dog food now costing $3. That’s $21 in dog money.” As I travel and speak ...
Tue, Oct 10 2023, 10:26 AM
“I dance like people wish they weren't watching.” Someone sure is watching, and counting, empty houses. Lack of available housing inventory has helped...
Fri, Oct 6 2023, 10:43 AM
National MI turned heads yesterday by announcing its temporary increase to AUS conforming loan amounts, despite the official FHFA word not coming unti...
Thu, Oct 5 2023, 10:04 AM
Hal M. writes, “Monday is a holiday. The observance reminded me of the small Italian parade we had in Maine on Columbus Day. All the marchers were und...
Wed, Oct 4 2023, 10:27 AM
I head to Vancouver, WA, this morning for a Banner Bank event and will probably have the option of Wi-Fi on the plane. How is it that NASA is able to ...
Tue, Oct 3 2023, 11:00 AM
How will you always know that this Commentary is not produced by some AI thingy? Because of mistakes like yesterday, leaving Illinois off the list of ...
Mon, Oct 2 2023, 10:32 AM
As President Jimmy Carter celebrated his 99th birthday seven months into hospice, welcome to the 4th quarter! (Will lenders experience any “Q-4-ia”? S...
Fri, Sep 29 2023, 10:25 AM
Shutdown or no shutdown, the National Park Service’s Fat Bear Week is approaching, focused on how these behemoths tip the scale. Here’s your tip of th...
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