An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Did you miss out on HousingWire Annual? We have you covered! Join us virtually on October 25 for a chance to see hand picked sessions from our in-person HousingWire Annual in Frisco. Register now for FREE!

How brokers can help today’s unique borrower

The average borrower has drastically changed throughout the years. More borrowers are self-employed, work remotely and have multiple streams of income. Learn about the tools to assist any borrower quickly and effectively.

Experts on how AI makes a difference in the mortgage process

Today’s HousingWire Daily features a roundtable discussion on “Humans versus really smart machines” and what the right mix looks like to gain efficiencies in the mortgage loan manufacturing process.

Politics & MoneyMortgage

Janet Yellen is not a guaranteed Fed Chair pick

Even though Larry Summers is out and will not be serving as the next Federal Reserve Chairman, one commentator with CNBC believes this still does not guarantee Janet Yellen a position.  

Yellen still has support in the industry.

"Well, until a few days ago, I said both Janet Yellen and Larry Summers would be good Fed chairs and I could support either one, now that Summers has pulled out, I think the president should choose Yellen. She's an excellent choice," Senator Chuck Schumer, D. N.Y., said.  

But these nods of approval do not overpower the reason to doubt.

The first is that Obama's inner circle waged a campaign to keep her out of the position. They painted her as someone who wasn't a team player. They described her as someone who couldn't think on her feet. On policy, they said she wasn't concerned enough about financial bubbles.

It seems odd that an administration that highly prizes loyalty would appoint someone who has very good reason not to feel very loyal to Obama.

Most Popular Articles

Fannie Mae: Mortgage rates and home prices will rise in ’22

Economists at Fannie Mae expect higher mortgage rates and home prices next year due to higher inflation, a tightening of monetary policy, and low home inventory

Oct 15, 2021 By

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FHFA to make desktop appraisals permanent

Desktop appraisals, a temporary flexibility implemented in March 2020 amid lockdowns and social distancing, will become permanent, the FHFA said today.

Oct 18, 2021 By
3d rendering of a row of luxury townhouses along a street

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