Monday, December 28, 2015

Conforming Conventional Lending Trends and Expectations for 2016

Posted To: Pipeline Press

Fetch your HP 12c - here's some math magic. Take 259, multiply it by your age, and then multiply that by 39. You'll see an interesting result. (Kids, an HP 12c is an iPhone-sized thing that does calculations and is HP's longest and best-selling product - but you had to punch in the numbers yourself rather than say them out loud.) While we're on the topic of numbers, a CNBC survey of CFOs at major companies finds cybersecurity actions they have taken compared to Feb 2015 include: audited or tested existing infrastructure (92%); replaced or upgraded existing hardware or software (85%); initiated new IT protocols (81%); increased size of IT staff (73%); developed or amended corporate response plans (46%); and purchased cyber insurance coverage (42%). Lenders have four more days to close loans...(read more)
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from Mortgage News Daily http://ift.tt/1Oh2yDX

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