Posted To: Pipeline Press

While in captivity, watching the time, and waiting for release , can seem like forever. We’re always waiting for something, whether it is the CFPB rolling out its proposal for new non-QM guidelines near the end of May, or Ginnie rolling out eNote and eSignature capabilities, hopefully before then. Lenders are waiting for the legal teams to comb through their subservicer agreements to see who bears the cost of loans entering forbearance. One thing there’s no waiting on is lenders realizing why LOs are so important , now more than ever. No more waiting at Seattle’s Boeing: there are plans to open back up manufacturing in Washington next week which would allow 27k assembly line employees to return to work. Sportscasters are casting about for something to do, so they-may-as-well…(read more)

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Source: Mortgage News Daily