Posted To: Pipeline Press

My Saturday was going pretty well until I realized it was Sunday. Remember when Zillow was going to take over the mortgage business? Or Amazon was going to undercut everyone’s comp structure? Or TRID was going to spell the end of every lender? Mike D. sent, “I miss the good ‘ol days when we were all going to die from climate change.” This industry will certainly survive: people need a place to live and they need money. CEOs tell me they continue to grapple with capacity management, MBS volatility, pricing & hedging, managing liquidity, servicing issues/forbearance requests, appraisal & VOE challenges, and recruiting. Managing a remote workforce is not as much of a challenge as it might have been a couple months ago. What is on the mind of far-sighted capital…(read more)

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Source: Mortgage News Daily