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Marketing, Servicing, Comp Tools; FHA and Ginnie Changes Roll On; Rates Creep Higher

Posted To: Pipeline Press

Me: “I want to travel.” Bank account: “Where? To work?” Think of people in their 20s and 30s. They’ve grown up with 9/11, the Financial Crisis, and now this coronavirus. (If all you cared about was the stock market, in 1990 the Dow Jones was around 5,000. It is now nearly 28,000, give or take.) Kids now? In March, and through the end of the school year, teachers have learned that, for children, being a digital consumer and a digital learner are two entirely different things and are grappling with that concept again as schools start up. In the residential mortgage biz, volumes continue to surge and continue to be controlled by raising margins, changing lock policies, eliminating complicated products, and encouraging service within the company to help others. Few…(read more)

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