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Correspondent Programs; Large and Small Investors Continue Program Shifts

Posted To: Pipeline Press

May Day! A third of the way through with 2020 already? Seven weeks ago it was, “Use us! We have the best rates and products!” Now it’s, “During these challenging times, use us! We have the best rates and products! Stay healthy!” Lenders seem to be healthy as April is another month for lender’s record books: lots of anecdotal reports of record volumes, and loan officers helping more borrowers than ever . Meanwhile, conspiracy theories abound. China untouched by the virus (apparently it has) and what if this quarantine is just the aliens fattening us up before the big harvest? Here’s something you may not have thought of: with ship and airplane traffic dropping way off, weather forecasting has dipped in accuracy . Yup, all those planes and vessels report…(read more)

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