mortgage lending

Hey everyone, it's Larry Bailey. This is for the Week of January 8, 2024, in Review:

Inflation continues to make progress lower while home prices nationwide are on the rise. Here are last week’s headlines: 

• Annual “Core” Consumer Inflation Falls Below 4%
• Wholesale Inflation Lower Than Expected
• Home Prices Continue to Move Higher
• Holiday Season Impact on Jobless Claims

00:00 Introduction
01:47 Inflation Update
03:50 Wholesale Inflation
05:50 Home Prices
07:24 Jobless Claims
08:10 Granola Bar Recipe
09:19 Upcoming Housing Data

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey gang, Larry Bailey here with some Encompass updates. In this video, I'll be discussing the recent update to the Encompass Compliance Service. I'll walk you through the changes, including the update to the applicability rules and the new feature in the GSE review. I'll also highlight some other important updates for specific states. Make sure to check out the release notes for more details. No action is required from you, but it's important to stay informed about these updates.

00:00 Introduction
00:38 Update to Applicability Rules
02:46 New Feature in GSE Review
04:36 Other Impacted Areas
05:57 New Jersey Update
08:09 Prepayment Penalty Threshold Updates
08:37 Change Log

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey gang, Larry Bailey here with another Encompass® walkthrough update. In this video, I'll be discussing the recent Encompass Dock Solution (EDS) release, specifically the transition from a 22.2 major release to a 23.3 critical patch. I'll also address an issue with the vesting screen in Encompass eClose and share important information about hybrid and full eClose. If you're not already using hybrid eClose, I highly recommend considering it for your workflow in 2024. Watch the video to learn more, and feel free to reach out to me at Larry@atihelps.com for further assistance.

00:00 Introduction
00:25 Encompass Dock Solution Release
00:55 Issue with Vesting Screen
01:18 Patching and Workflow Update
01:41 Importance of Hybrid eClose

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

As we grow our community, we need to broaden our conversations. Bookmark our new site - https://podcast.mortgage.community/ - to follow all of the conversations in the Mortgage.Community. You will find it on your favorite podcast app or just follow along in the community. The links will always work there too.

Keep the great ideas and conversations coming. You never know what we will discover together. As an example, I discovered today that Robert Louden is the admin for their MeridianLink platform (they use it for consumer loans), as I reminded everyone that Awesome Technologies Inc. supports and develops for the MeridianLink platform. 

These are great conversations, and I look forward to finding out what you want to talk about next. Make sure to come to the Tuesday Live Events at 4:00 PM ET and look for the new Live Recorded conversations every Thursday.

All the Best to you! - 

Larry Bailey - Your Community Advocate. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Uncover the true impact of plugins and automation within your Encompass® environment on your workflow's efficiency. Are you optimizing your workflow or letting technology dictate the pace? Join us as we delve into these critical questions and engage in lively community discussions, unraveling the intricate interplay between plugins, automation, and workflow integration. Discover the keys to achieving synergy and productivity like never before!

❗Join us every Tuesday at 4:00 PM ET for great community conversations just like this one.
👉Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Whether you’re an investor, a house flipper, or a first-time homebuyer, this episode with Brandon Campbell is a must-listen!

Join us for this consequential conversation as Brandon delves into his expertise as a mortgage sales representative, the value of building connections with clients, plus some of the requirements for borrowers to be qualified for a loan. Dive in and extend your deal financing knowledge today!

Key Points & Relevant Topics

• How Brandon got into the mortgage industry and succeeded as a loan originator 
• Are there opportunities for investors to get good financing terms and rates in today’s real estate market?
• The power of nurturing client relationships to grow in the mortgage industry
• An easy way to set yourself apart from other mortgage dealmakers
• Things that prevent mortgage sales representatives from closing the deal with clients
• Typical mortgage lenders’ requirements for fix and flips and rental properties
• How investors or borrowers can prepare themselves for possible rate changes
• Is it still the best time for aspiring investors to get into the real estate business?
• The rewarding benefit of being a mortgage sales expert for Brandon

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Brandon Campbell

Brandon Campbell is a top-producing loan originator at Lima One Capital. Brandon joined Lima One in 2016 as an entry-level inside sales rep & moved quickly up the leaderboard. Over the years, he has consistently been one of the top 5 originators at the company. 

Brandon prides himself on not only his loan volume but also his high success rate in getting his clients across the finish line. Brandon lives in Greer, South Carolina with his wife Brooke, and two children, Rowan & Piper. 

Get in Touch with Brandon

• Website: Lima One Capital
• Email: brandon@limaone.com 
• LinkedIn: Brandon Campbell

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

In the latest episode of the Non-Del Influencers Podcast, hosts Nate and Nick welcome a distinguished guest, Ross Miller from Miller Home Mortgage, who also serves as a Director of NAMB, the National Association of Mortgage Professionals. This episode offers a deep dive into the initiatives and legislative efforts of NAMB, highlighting its crucial role in shaping policies that affect lenders and homeowners across the country.

Ross sheds light on NAMB's efforts to combat trigger leads with legislation like Senate Bill 3502 and H.R. 2656, emphasizing the importance of protecting customers from aggressive marketing tactics. He also discusses the organization's advocacy for veterans, particularly through supporting HR 4944, aimed at maintaining VA benefits for surviving spouses of veterans.

The episode further explores NAMB's influential role in the national conversation about homeownership and mortgage lending. Ross details the organization's interactions with major entities like the Consumer Financial Protection Bureau and Freddie Mac, underlining the power of a unified voice in influencing policy and industry practices.

Listeners will also gain insights into NAMB's initiatives for fostering state-level representation and involvement in mortgage industry affairs. Ross invites professionals from all states to participate in NAMB's council, akin to a Senate, to amplify their state's voice and contribute to national discussions.

To find out more about NAMB you can go to http://www.namb.org

This episode is packed with valuable information for mortgage professionals and anyone interested in the intersection of mortgage lending and legislative action. It's a call to action for industry professionals to engage more deeply with NAMB, highlighting the benefits of being part of a larger collective that's shaping the future of the mortgage industry.

Remember to subscribe to the Non-Del Influencers Podcast for more insightful conversations like this, and join our online community for exclusive content.

Visit our website http://www.nondelinfluencerspodcast.com for episode transcripts and stay connected with #nondelegated, #mortgageloanofficer, and #nondelinfluencerspodcast.

Be sure to go to our Non-Del Resource Center at http://www.nondelinfluencers.com 

Tune in to this episode to understand the significant impact of NAMB's work and how it's shaping the mortgage industry's future.

Welcome to a new episode of the Non-Del Influencers Podcast, where we continue to be your guiding light in the non-del lending world. In this episode, host Nate, alongside co-host Nick, brings an exceptional discussion with Mike Mell, Senior Vice President at Freedom Mortgage Wholesale.

The Non-Del Influencers Podcast stands as a beacon in the non-del lending arena, offering a unique blend of industry insights, expert interviews, and in-depth discussions. Nate and Nick engage their audience with enlightening dialogues about mortgage industry nuances, document generation solutions, and the latest industry trends.

Our special guest, Mike Mell, sheds light on the art of being a non-delegated correspondent lender, focusing on the specifics of handling government loans. This episode is a goldmine for brokers, non-delegated lenders, bankers, or real estate agents looking to excel in this area. Mike’s insights offer practical strategies and an in-depth understanding of the advantages and challenges in non-delegated lending, especially in the government loans sector.

If you are a professional in the mortgage industry, this episode is tailored just for you. Tune in to gain a competitive edge and stay ahead in your field.

Subscribe now to the Non-Del Influencers Podcast and join our community. Let’s keep the conversation going using our hashtags: #nondelegated, #mortgageloanofficer, and #nondelinfluencerspodcast.

For those keen to dive deeper or connect with Freedom Mortgage Wholesale Division, check out the link in our podcast description.

Subscribe Now at https://www.nondelinfluencerspodcast.com

Explore Our Resource Center at https://www.nondelinfluencers.com

Interested in becoming a Non-delegated lender and securing a warehouse facility with FirstFunding? Visit www.firstfundingusa.com for more information.

Don’t miss this insightful episode – it’s an essential listen for anyone in the mortgage industry aiming to broaden their horizons! 

In this critical tenth episode of the Non-Del Influencers Podcast, host Nate Clear welcomes Chris Peirson, a legal authority from Peirson Law Firm and PP Docs, to explore the transformative Burnett vs NAR case. This episode is especially crucial for brokers, non-delegated lenders, bankers, and real estate agents who are navigating the rapidly changing landscape of the real estate industry.

The Non-Del Influencers Podcast stands as a beacon in the non-del lending arena, offering a unique blend of industry insights, expert interviews, and in-depth discussions. Hosts Nate and Nick engage their audience with enlightening dialogues about mortgage industry nuances, document generation solutions, and the latest industry trends.

In this engaging conversation, Chris Peirson, armed with her extensive legal background and a J.D. Degree from Texas Tech University Law School, deciphers the intricacies of the Burnett vs NAR case. The discussion delves into the recent groundbreaking verdict against the National Association of Realtors, underscoring its potential repercussions on commission structures and the transparency of real estate transactions.

This episode is a must-listen for industry professionals seeking to understand the implications of this verdict on realtor fees, the Department of Justice's perspective on real estate agents' compensation, and the overall impact on market dynamics. It offers valuable insights not just for mortgage and real estate experts but also for anyone interested in the economic and legal dimensions of property dealings.

For further detailed analysis from Chris Peirson, visit her website at www.ppdocs.com. Discover more resources and exclusive podcast material at the Non-Del Influencers Podcast website at https://www.nondelinfluencerspodcast.com and our Resource Center at https://www.nondelinfluencers.com.

If you are a broker, non-delegated lender, banker, or real estate agent, this episode is tailored for you. Tune in to stay ahead in your field. Subscribe now and join our community using our hashtags: #nondelegated, #mortgageloanofficer, and #nondelinfluencerspodcast.

Subscribe Now at https://www.nondelinfluencerspodcast.com 
Explore Our Resource Center at https://www.nondelinfluencers.com

- Introduction: Host reflects on the rising cost of milk and historical food processing methods, setting the stage for a discussion on the impact of dietary choices on health.

- Guest Introduction: Saliyma Chapman, a proponent of plant-based diets, shares her personal health transformation story.

- Family and Social Dynamics: Saliyma discusses the initial resistance and concern from her family and friends regarding her weight loss and new eating habits, highlighting the cultural significance of food.

- Health and Legislation: The episode delves into how commercial interests can influence food-related legislative decisions, affecting national health.

- The Power of Plant-Based Diets: Saliyma advocates for the benefits of a plant-based diet, sharing the positive changes she experienced in her health and that of her family.

- Addressing Skepticism: The conversation addresses the skepticism Saliyma faced and how she overcame it, emphasizing the importance of education and self-awareness in dietary choices.

- Incremental Change: Saliyma encourages listeners to take small, manageable steps towards healthier eating habits, emphasizing the journey over the destination.

- Community Health Issues: The episode touches on specific health concerns prevalent in the African American community and the role of diet in managing these issues.

- Resources and Encouragement: Saliyma offers resources for listeners interested in plant-based diets and encourages them to seek knowledge and make informed choices.

- Closing Thoughts: The host expresses gratitude for Saliyma's insights and extends an open invitation for her to return, highlighting the importance of health consciousness at any age.

- Call to Action: Listeners are encouraged to join the conversation on the podcast's social media pages and to check out Saliyma's Facebook page, "Plant-Based Life," for more information and support on transitioning to a plant-based diet.

Step into our podcast realm where we bring you insightful conversations with the best minds in non-del lending. Tune in for a captivating conversation with Emily Shapiro, a true industry leader, and trailblazer, and gain valuable insights into the ever-evolving landscape of document generation solutions for Non-Dels. 

Join Nate and Nick as they delve into a riveting conversation with Emily, exploring the lifecycle of documents needed as a non-delegated lender. 

Navigate the intricate world of lending from the perspective of a non-delegated correspondent lender. Deepen your grasp on the essential aspects of this role and discover the driving forces behind the trend of retail originators transitioning to independent brokers or non-delegated correspondent alliances.

For exclusive content, episode transcripts, and to connect with fellow mortgage aficionados, head over to www.nondelinfluencerspodcast.com.

Seize this opportunity! Subscribe to the Non-Del Influencers Podcast and embark on a transformative odyssey as a non-delegated correspondent lender or independent broker. Dive into the world where knowledge converges with opportunity.

Join our online community!

 #nondelegated, #mortgageloanofficer, #nondelinfluencerspodcast, and more. Stay updated, stay informed, and let experts like Emily Shapiro with Docutech guide you through the dynamic landscape of the mortgage industry.

Step into our podcast realm where we bring you insightful conversations with the best minds in wholesale lending. This episode shines the spotlight on Jillian Sorensen, the dynamic Account Executive at Flagstar Bank and the brain behind Jillian’s Corner on www.NonDelInfluencers.com.

Join Nate and Nick as they delve into a riveting conversation with Jillian, exploring the pivotal role of wholesale Account Executives in the non-delegated sector. Recognized for her genuine passion for education, Jillian has significantly enriched the learning resources at www.nondelinfluencers.com's resource center.

Navigate the intricate world of lending from the perspective of a non-delegated correspondent lender. Deepen your grasp on the essential aspects of this role and discover the driving forces behind the trend of retail originators transitioning to independent brokers or non-delegated correspondent alliances.

For exclusive content, episode transcripts, and to connect with fellow mortgage aficionados, head over to www.nondelinfluencerspodcast.com.
Seize this opportunity! Subscribe to the Non-Del Influencers Podcast and embark on a transformative odyssey as a non-delegated correspondent lender or independent broker. Dive into the world where knowledge converges with opportunity.

Join our online community! Use the hashtags: #nondelegated, #mortgageloanofficer, #nondelinfluencerspodcast, and more. Stay updated, stay informed, and let experts like Jillian Sorensen guide you through the dynamic landscape of the mortgage industry.

Welcome to the Non-Del Influencers Podcast, your go-to platform for invaluable wisdom and compelling dialogues with thought leaders in wholesale lending. In today's episode, we're excited to feature Jon Tallinger, the Chief Growth Officer at Class Valuation.

Join our hosts, Nate and Nick, as they delve into the intricate landscape of property appraisals in the current mortgage market. 

Jon provides a real-time pulse on market trends and forecasts what lies ahead. Since joining Class Valuation as its inaugural employee in 2009, Jon has worn multiple hats within the organization. His current mission centers on spearheading the company's expansion strategies. Under his stewardship, Class Valuation's Sales & Marketing Team has propelled the company to a staggering 250% growth since 2016, with plans for even greater achievements on the horizon.

Class Valuation is a staunch advocate for non-delegated lenders, offering a streamlined approach to property data collection, unbiased reporting, and comprehensive property details at your disposal. Discover how their innovative bifurcated appraisal process accelerates workflows while maintaining appraisal accuracy.

For more on Class Valuation and to connect with Jon, visit www.classvaluation.com.

Dive into the multifaceted world of lending from the vantage point of a non-delegated correspondent lender. Enhance your understanding of the critical components of this role and uncover why retail originators are increasingly pivoting to independent brokers or non-delegated correspondent partnerships.

For bonus content, episode transcripts, and networking opportunities with mortgage professionals, visit our official website at www.nondelinfluencerspodcast.com.

Don't let this chance slip by—subscribe to the Non-Del Influencers Podcast and set forth on a transformative journey as a non-delegated correspondent lender or independent broker. Unlock your potential in the wholesale lending arena with the Non-Del Influencers Podcast—where expertise meets opportunity.

Engage with us on social media using the hashtags: #nondelegated, #nondelegatedlender, #warehouselineofcredit, #nondelinfluencerspodcast, #mortgageloanofficer, #mortgagelender, #mortgages, #lender. 

Stay ahead of industry shifts and garner actionable insights from authorities like Jon Tallinger as you chart your course in the ever-evolving mortgage sector.

Welcome to the Non-Del Influencers Podcast, your ultimate resource for valuable insights and engaging discussions with industry experts in the world of wholesale lending. In this episode, we are thrilled to have Chad Osterhout, the Vice President of UWM Sales & Correspondent Lending at United Wholesale Mortgage (UWM), as our special guest.

Tune in as our hosts, Nate and Nick, dive deep into the intricacies of lender compensation and disclosure within the wholesale lending space. With Chad's extensive knowledge and experience at UWM, they provide a comprehensive exploration of this crucial aspect of the mortgage industry.

Chad brings a unique perspective to the table as he shares an emerging trend he has noticed within the industry. He reveals that many retail originators are making a significant shift in their careers, opting to go back to being independent brokers or joining non-delegated correspondent partners. This shift reflects the evolving landscape of the mortgage industry and the opportunities that arise for professionals seeking greater independence and control over their business.

Join us as we unravel the complexities and nuances of lending from the perspective of a non-delegated correspondent lender. Gain a deeper understanding of the key elements involved in being a non-delegated correspondent lender, and explore the reasons behind the trend of retail originators transitioning to independent brokers or non-delegated correspondent partners.

To learn more about United Wholesale Mortgage and their innovative solutions, visit their official website at www.uwm.com. Additionally, for additional resources, episode transcripts, and to connect with other professionals in the mortgage industry, be sure to visit our website at http://www.nondelinfluencerspodcast.com.

Don't miss out on the opportunity to stay informed and inspired. Subscribe to the Non-Del Influencers Podcast today and embark on a transformative journey as a non-delegated correspondent lender or independent broker. Unlock the keys to success in the wholesale lending industry with the Non-Del Influencers Podcast, where knowledge meets opportunity.

Join the conversation on social media using the hashtags: #nondelegated #nondelegatedlender #warehouslineofcredit #nondelinfluencerspodcast #mortgageloanofficer #mortgagelender #mortgages #lender. Stay ahead of the curve and gain valuable insights from industry experts like Chad Osterhout, as you navigate the changing dynamics of the mortgage industry.

In this episode of Realty Bytes Conversations on Real Estate and Lifestyle, host Evelyn Lopes speaks with mortgage agent Bilal Lone about the recent changes to the Bank of Canada interest rates with commentary on the reasons behind these changes along with implications to the marketplace. Bilal also shares winning strategies for home buyers looking to finance home purchases and investments in today’s market.  

A synopsis of the recent Bank of Canada interest rate change and increase is discussed along with some of the reasons behind the changes made by the Bank of Canada. A look at future mortgage rate environments and trends is also discussed. Mortgage broker Bilal from 8Twelve Mortgages also discusses strategies and new and revised mortgage products that can assist home buyers as they strategize options available to finance home purchases in today's changing mortgage and real estate markets.

Overall, this episode provides valuable insights for anyone considering purchasing a home or investment  property. 

Time Stamps:
1:36-4:52 - Commentary on Bank of Canada Rate increase (July 2023) and reasons behind it and where we are going in terms of future rates
4:45-6:03- What is on the mortgage horizon
7:25-8:00- Mortgage Wellness Check
8:01- 8:28- Co-equity Mortgage Programs
8:30-9:38- No Stress Mortgages
9:42-12:09- Self Declared Income Mortgages
22:32- 23:32- Mortgage Tip 1- Your current existing variable rate mortgage
23:33-24:15- Mortgage Tip 2- Buying a new home

Get Your Free Mortgage Wellness Check- Click for access:  https://partner.8twelve.co/partner/evelyn-lopes/

Contact information:
Bilal Lone
8Twelve Mortgage Corp
647-362-9312
bilal@8Twelve.mortgage

Evelyn Lopes | The Evelyn Lopes Realty Team | iPro Realty Brokerage
905-965-5902
evelyn@evelynlopes.com

In this episode, the hosts discuss co-ownership mortgages, a financing option that is gaining popularity among homebuyers. They explain what a co-ownership mortgage is and how it works, including who is eligible for the program and the qualifications required to participate. They also highlight the benefits and potential risks of co-ownership, and provide insights on how to choose the right co-ownership partner.

The hosts then provide a synopsis of the current mortgage update, covering the latest developments in the industry, including interest rates, lending restrictions, and government policies. They discuss how these factors are affecting the housing market and offer advice to help listeners navigate the current market conditions.

Overall, this episode provides valuable insights for anyone considering a co-ownership mortgage, as well as those who are looking for updates on the current state of the mortgage industry. The hosts offer practical advice and expertise to help listeners make informed decisions about their mortgage and financing needs.

Contact information:
Bilal Lone
8Twelve Mortgage Corp
647-362-9312
bilal@8Twelve.mortgage

Evelyn Lopes | The Evelyn Lopes Realty Team | iPro Realty Brokerage
905-965-5902
evelyn@evelynlopes.com

In this episode of The Closing Table we chat with James Beaver a self-employed door to door produce salesman at the age of 7 turned Branch Manager at Envoy Mortgage. 

Tune in to hear James' insight on the mortgage industry, the benefits of coaching, fly fishing tales and this week's riveting drink of choice.

Watch on YouTube: 
Follow us on Instagram: https://www.instagram.com/theadamsgrouptx/
Browse our website: https://theadamsgrouptx.com/

When it comes to creating content around Mortgage products and services, there a few opportunities for your credit union or bank to capitalize on. Content such as a home buying checklist, a quick ebook, or a how to blog on finding a real estate agent. The FI GROW team discusses the best types of content your financial institution can leverage depending on where the customer is in their buying journey.

Host Robin McCoy is the spotlight for this episode, interviewed by OBBM Network's Susan Hamilton, about Robin's back story.  Starting out in Minnesota, New Hampshire, Tennessee and California - Robin ended up in Dallas. Social media helped her stay connected to her past relationships, and she became a master of connecting her 'tribe' to each other! Now she showcases the people she uses for her life in business every day through this podcast.

What is Robin most proud of? After talking with her business coach, she realized she had been making excuses for not doing what she really wanted to do. Check out her amazing story of walking the Camino De Santiago in Spain, and what it brought out of her. Over two weeks, she walked 100 kilometers of the 30-day journey, injured herself, became disconnected from her group in a foreign land. 

The moral of the story is 'take one step at a time into your future.' Stop worrying about stuff, just move forward!

Brought to you by: 

Charisma Chapter of the American Business Women's Association
OffBeat Business Media, LLC / OBBM Network Brands
John Chester, Music Therapy

To work with Robin, go to RobinMcCoyRealty.com, or call or text 214-226-3770. Subscribe to Relax, I Got This! Podcast here.

Subscribe to the OBBM Network Podcast on Apple Podcasts, Spotify, iHeart, Google Podcasts and more.

#013 - Fall 2021 Oakland Real Estate Round-up Series (Episode 3 of 3).  This is the third episode of the Fall '21 Oakland Real Estate Round-up.  Today we talk to June Mc Daniels who is a top producer with the Better Homes and Gardens Reliance Partners Real Estate and Brenda Wyatt who is an Oakland native and top producer at All California Mortgage.

June says - “2022 is going to be a diluted version of 2021… Prices will remain high… Tight supply will continue to fuel the market.”

Brenda says - “rates are increasing due to the taper tantrum… Rates are historically low, but we have seen an increase since July… You want a highly regarded local lender so buyers will have confidence in your ability to close”.

Be sure to listen to the entirety of each interview to hear June’s and Brenda’s advice to buyers and sellers.