Posted To: Pipeline Press

In the various originator-centric conferences I’ve attended, I’ve never seen a session on, “How to beat up your capital markets group on pricing & extensions.” Here at the California MBA’s Western Secondary , the other end of the loan life, besides talk of obtaining real time information from borrowers, margin fluctuations, and waiting for Agency moves, a portion of the talk revolves around obtaining real time info from borrower on the road . Margins, although lower than 2020’s and dependent on origination channel, are still solid compared to historical levels. Lenders are still seeking Agency approvals to sell to the cash windows. MSR lines of credit are a topic, and how subservicer oversight critical. Few expect the Federal Reserve to do much in 2021…(read more)

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Source: Mortgage News Daily