LO Training, E-Closing, Marketing Products; FHA and VA Changes

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Posted To: Pipeline Press

As I head to Kansas today, I have a great quote. Lenders I visit with are optimistic, raising margins to slow volume based on capacity constraints, and entirely different outlook than a few months ago. James Duncan with Texas’ Thrive Mortgage sent, “Watching a lot of what’s going on frequently reminds me of one of my favorite quotes about our industry. Dartmouth’s John Vogel quipped, ‘The real estate industry is comprised of 10-year cycles and 5-year memories.’ And every month we have dozens and dozens of housing statistics thrown across the airwaves, and yes, they have cycles. In the NAHB’s new Home Building Geography Index, a quarterly measure of building conditions across the country, the “exurbs” (outlying counties of large metro areas...(read more)

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