Posted To: Pipeline Press
Residential lending is filled with technology shifts. (STRATMOR is offering up technology survey results below.) I am a luddite when it comes to that stuff. Watching the Georgia game Saturday someone asked me, “What apps have y’all bought that are worth the money?” I replied, “Mozzarella sticks for sure, and the Costco spinach artichoke dip is a classic.” Attitudes shift. FOMO? Fear of missing out. Now there’s FOGO: Fear of going out. Really? The FHFA’s focus has obviously shifted away from exiting conservatorship and toward its current mission. Sandra Thompson, known for her “safety and soundness” background has moved forward. The Federal Reserve doesn’t automatically shift from buying $40 billion a month of assets to raising in rates…(read more)
Source: Mortgage News Daily
