Training and Events; Conventional Conforming News and Underwriting Changes

Posted To: Pipeline Press

Actuaries, statisticians, the press, and the mortgage industry love acronyms and abbreviations, any list of which would take up this entire commentary. A couple new ones are out there. "Got NIPPLS" t-shirts are making the rounds - turns out it is the acronym for Name, Income, Property value, Property address, Loan amount, Social security number . And let's not leave off HENRY: "High Earner Not Rich Yet." And in other trivia, the Canadian government is warning citizens to stop defacing its $5 bills by making them look like Spock. Upcoming events? There are ample training opportunities! FNMA's predicting a 16% drop in residential loans in 2016. Top originators know their continued success will stem from their ability to adapt to change. On Thursday, February 25 at 2:00 p.m. EST the National Mortgage...(read more)

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