Avoiding the pitfalls of Silicon Valley culture

The solutions that offer so much promise also open up the possibility of 24/7 availability. The mission of many in our industry is satisfying consumer demand, and understandably so. But we should be careful. Sometimes consumers are ridiculous and unreasonable. Sometimes meeting their demands comes at too high a price. http://www.housingwire.com/articles/37672-avoiding-the-pitfalls-of-silicon-valley-culture ❤️ #share #mortgage


Hot Seat: Kim Hoffman of Sutherland #mortgage Services

Being creative, thinking outside the box, and working with partners who can provide customized solutions such as outsourcing non-core functions offshore to capitalize on the highly educated work force, lower salary requirements, and ability to work shifts around the clock, can really be a productivity and expense game-changer. http://www.housingwire.com/articles/37671-hot-seat-kim-hoffman-of-sutherland-mortgage-services ❤️ #share #mortgage

Monday Morning Cup of Coffee: Condo legislation finally a law; Brexit impact on refi apps

As one of his last housing accomplishments before he leaves office, President Obama signed H.R. 3700 into law on Friday, which will dramatically improve long-fought restrictions on Federal Housing Administration financing for condominiums. Meanwhile, 2.8 million borrowers should be thanking Brexit right now for their positive financial situation. http://www.housingwire.com/blogs/1-rewired/post/37674-monday-morning-cup-of-coffee-condo-legislation-finally-a-law-brexits-impact-on-refi-apps ❤️ #share #mortgage

How state and local governments are constructing a solution for affordable housing

According to Harvard University’s Joint Center for Housing Studies, the supply gap in 2015 was 400,000 units. Of course, that leads to price inflation on rental rates for existing units as well as driving developers to build. But today’s construction isn’t necessarily providing for all of tomorrow’s renters. http://www.housingwire.com/articles/37667-how-state-and-local-governments-are-constructing-a-solution-for-affordable-housing ❤️ #share #mortgage

Auction.com helps servicers maximize foreclosure sales

Auction.com takes a multi-channel approach to marketing foreclosure properties, which means sellers get a broad, global pool of potential buyers. The Auction.com website boasts more than 4 million active users and more than 300,000 unique visitors each week. http://www.housingwire.com/articles/37668-auctioncom-helps-servicers-maximize-foreclosure-sales ❤️ #share #mortgage

Guardian #mortgage parent company merging with Sunflower Financial

In a move that will create the third largest banking institution headquartered in Colorado, Sunflower Financial, the parent company of Sunflower Bank and Logia Portfolio Management, and Strategic Growth Bancorp, the parent company of First National Bank of Santa Fe, Capital Bank and Guardian #mortgage Company, announced plans to merge. http://www.housingwire.com/articles/37661-guardian-mortgage-parent-company-merging-with-sunflower-financial ❤️ #share #mortgage

Two Harbors bailing on jumbo bonds already impacting #mortgage market

Two Harbors Investment Corp. shocked the #mortgage industry Thursday when it announced that it planned to shutter its #mortgage loan conduit and securitization business. But what about the loan originators that turned to Two Harbors to buy jumbo loans? What happens to them now that there’s one less buyer and securitizer of jumbo #mortgages in the market? http://www.housingwire.com/articles/37670-two-harbors-bailing-on-jumbo-bonds-already-impacting-mortgage-market ❤️ #share #mortgage