Broker, Digital, Customer Retention Products; FHA, VA, Ginnie Changes


Posted To: Pipeline Press

My cat Myrtle’s direct exposure to the falling stock market is minimal. Mine, however, has become a sense of concern as I watch the value of my holdings get clocked, reminding me of the proverbial question lenders debate: would they rather have a strong economy and higher rates, or a not-so-strong economy with lower rates? At some point down payments and borrower confidence are negatively impacted, as are some occupations (like farmers, after news yesterday that China put U.S. soybean purchases on hold ). During the layoffs of 2018 a lender keeping its in-house attorney was a real luxury. Some did, but once again we unfortunately see the grim reality of differences in pay between genders. The average annual salary of corporate counsel in all positions across all industries increased 4…(read more)

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