Webinars, LOS, Title, eNote, Processing Tools; NAR, Owner Wealth, and Dropped Coverage
· mortgagenewsdaily.com
Non-QM investors are “licking their chops” by using the information that the FHFA, through Freddie and Fannie, is requiring a more thorough lender assessment before approving condo loans beginning today. Non-QM is not. Who is going to say that information isn’t important? Lenders and the markets like knowing what the U.S. Federal Reserve is up to… Now Federal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank's scheduled policy meetings, the New York Times reported Friday. How much would you pay for news in advance? $100k per month? Would you ever buy something from someone selling something that had this access? Trump Media and Technology Group officially rolled out its new subscription-based data service on Saturday, giving paying customers, which may include MBS traders, faster, real-time access to Truth Social posts from Trump and other high-profile accounts. Called Truth API, the application programming interface is intended to provide businesses with “a direct, licensed, real-time feed of the platform’s most market-moving Truths”, interim CEO Kevin McGurn said in a release announcing the launch. Trading firms and other paying subscribers can now access the posts earlier than other users, for a fee of up to $100,000 per month. (Today’s podcast can be found here. This week’s ‘casts are sponsored by Figure. Figure is shaking up the lending world with their five-day HELOC, offering borrower approvals in as little as five minutes and funding in five days. Figure has hundreds of partners in the Banking, Credit Union, Home Improvement, and of course, IMB space embedding their technology. Today’s has an interview with Aon’s John Dickson on the evolution of disaster modeling and how it is impacting the mortgage industry from origination through the capital markets.)
Webinars, LOS, Title, eNote, Processing Tools; NAR, Owner Wealth, and Dropped Coverage
Non-QM investors are “licking their chops” by using the information ...