Closing Complex Loans Faster With a Digitized Client Workflow

Join us for a discussion on changes in market demographics, suppliers and how focusing on customer experience and a few simple steps during the mortgage loan process can close deals 3x faster.

engage.marketing event: All eyes on purchase

To help power your business forward, we’re bringing together the smartest minds in purchase mortgage marketing to share the insights, tactics and strategies that set leaders apart.

Home appraisal’s ugly history and uncertain future

This is Part I of a deep dive into the home appraisal industry. Today we explore the origins of the appraisal industry and its current lack of diversity.

The digital journey starts at acquisition

Download this white paper to learn how to build a tech-enabled acquisition strategy that will directly contribute to a lender’s ability to maximize profitability and remain competitive.

Investments

VIDEO: Yellen uses less than 60 seconds to outline GSE reform

Fed chair takes a minute to win it

The new (and first) chairwoman of the Federal Reserve, Janet Yellen needs only one minute to completely outline the risks associated with the government-sponsored enterprises, and to offer her thoughts on reform.

It's a shock, because I've spent years covering this issue and often grapple with some of the concepts.

And that Yellen does so extemporaneously, in front of the House Financial Services committee, is just rubbing salt in the wound.

In other good news, Interactive Data announced in an email to clients that Yellen's speech was well-received today by capital markets.

"Investors’ optimism stemming from Federal Reserve Chair Janet Yellen’s status-quo testimony yesterday carried over into the current session," said the note.

The Financial Services Roundtable helpfully cut a video of Yellen speaking about GSE reform.

At one point she delivers this mother-of-all-intelligent-runon-sentences:

“I think we still have a system that has systemic risk, that government funding remains critical to the mortgage sector, and I think to get the housing market back on its feet," she said, "it’s important for Congress to put in place a new system and to explicitly decide what the role of the government should be in helping the housing sector.”

Here's Janet Yellen, winning:

Most Popular Articles

Fannie Mae, and the housing market’s inflation problem

Another month of steadily increasing home prices and insatiable demand led Fannie Mae’s Economic and Strategic Research Group to alter many of its 2021 predictions – in particular, its outlook on the symbiotic relationship between the housing market and inflation measures.

Jun 16, 2021 By

Latest Articles

Doug Duncan and the housing market’s supply conundrum

The housing market has suffered due to high material prices, spend-anything buyers & a lack of supply. A return to normalcy will require big changes. HW+ Premium Content

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

Log In

Forgot Password?

Don't have an account? Please