BOK Exits Correspondent; EverBank Buyer Revealed; Basel 4 on The Way?

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Posted To: Pipeline Press

Here’s an interesting number: $765,000. The Transportation Security Administration announced in May that it had collected that amount in loose change left behind in airport scanner trays during 2015. (Miami and Los Angeles alone contributed $106k toward the total.) Given what many think of the TSA, maybe it’s not a surprise that it took until May for employees to count it. Others might wonder what percentage of that crack group at the TSA actually turn in all the change they find. Speaking of percentages, according to Black Knight Financial Services, the refinanceable population is the highest since 2012 . The industry is licking their chops but LOs and underwriters know that many borrowers and properties don’t qualify. It isn’t the first and it won’t be the last. Yesterday word…(read more)

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