LO, AE Jobs; Broker and Warehouse Products; Conventional Conforming News
Posted to: Pipeline Press
Wednesday, May 22, 2019 6:47 AM
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What’s going on behind the scenes and in the rumor mill at the MBA’s Secondary Conference? There is derision about HUD’s Ben Carson not knowing what There is derision about HUD’s Ben Carson not knowing what “REO” stands for. Holders of mortgage assets like banks and credit unions are very concerned with CECL, and their actions and pricing moves will transfer to non-bank lenders – most of whom have never heard of these accounting changes coming at us. CoreLogic and the Department of Justice sparring. In the MI biz, lots of talk about how the volume & market share of only two – Genworth and Essent – “coincidentally” rose at the same time as the three major wholesalers were ramping up their volume and market share.
More from MND:
- MND NewsWire: GDP Growth Called "Transitory" While Low Inflation Appears Permanent
- MND NewsWire: Is the Trade Dispute Dampening Home Purchase Activity?
- MBS Commentary: MBS RECAP: Bonds Make Good on Threats of Weakness
- Mortgage Rate Watch: Mortgage Rates Bounce Back
- MND NewsWire: Home Sales Stall; Sellers Need to be Realistic
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