Tuesday, December 18, 2018

Banks Buying Lenders and Other Banks, Report on Merger Activity; Capital Markets Update

Posted To: Pipeline Press

“Rob, I’m no stranger to bribes.” (I am not going to say which mortgage banking production manager jokingly made that tongue-in-cheek statement.) We trust that Fed officials are not subject to bribes or political influences. A poll of 60 economists shows an almost unanimous expectation that the Federal Reserve will announce an interest-rate increase tomorrow. But a significant number of respondents expect only two further increases in 2019, instead of the three that were widely predicted in a similar survey in November. Lender Products and Services Are you looking for a USDA One-Time Close product that can be sold to your correspondent investor right after closing and before construction has begun? Check out the new USDA One-Time Close purchase option TMS Correspondent recently...(read more)
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from Mortgage News Daily https://ift.tt/2ClO06p

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