Posted To: Pipeline Press

Welcome to 124-year-old Girl Scout Cookie Season ! If you’re an LO, how’d you like to deal with borrowers for 189 years, or eat the same thing day after day? I thought so. Meet Jonathan who now holds the record for the oldest animal in the world. (Speaking of age, how do you appraise a 1960 Missouri bunker as a $1.1 million residence ?) Jonathan couldn’t care less about mortgage rates, which have moved higher. Even yesterday’s FOMC minutes show most participants expect “a sizable boost in economic activity” more in the capital markets section below. But the move is providing MLOs with even more reason to provide better customer service. The STRATMOR Group’s Mike Seminari observes, “It’s surprising how much borrower satisfaction improves with LOs…(read more)

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Source: Mortgage News Daily