Archive for August 2015

Loan Officers – 5 signs you are originating for the wrong company

Loan Officers and Managers –     Here are five signs that you may be originating for the wrong mortgage company.       Your pricing is way off the mark.  Your compensation is too low. Your UW turn time and / or service is bad and you see no change. Your company is adding […]

Are Mortgage MSA’s on the way to extinction?

Wells Fargo and Prospect have announced that they are exiting all MSA agreements.  The CFPB has levied major fines to mortgage companies for MSA activity with little guidance to go with the financial fines. Mortgage companies have to see this as a strong indicator that the risk is getting to high to continue participating in these type of agreements. […]