![\"pipeline-press\"](\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/pipeline-press16.png\")
<\/a><\/p>\n\u00a0<\/p>\n I received an e-mail from a branch manager of a mid-sized brokerage. She said, “A few years ago, during our branch meetings, agents would try to one-up each other with news from investors, who had the best rates, the fastest underwriting turn times. Now, our branch meetings are like a wake. The only news is which investor tightened their guidelines, shortened their time for a valid appraisal, the latest RESPA or NMLS nightmare, and then my agents start in with the ‘remember when’s’. Are we having fun yet?” It\u2019s easier to say \u201ckeep your chin up\u201d than to actually do it.<\/p>\n Still, mortgage-related jobs? You bet there are. The FDIC is hiring, as is HUD<\/strong>. HUD-FHA is trying to fill positions all over the nation including in Southern California (Single Family Housing Specialist & Management Analyst), Denver (Management Analyst), and Atlanta (someone to run their Processing and Underwriting Division). Check it out at www.usajobs.gov<\/a>. And for you pure loan officers\/agents out there, check out Milestone Mortgage<\/strong> at www.milestonemtg.com\/billrvp<\/a>.<\/p>\n Here\u2019s an interesting announcement from Flagstar<\/strong>: \u201cFlagstar will not fund or purchase any loan that closes with a notary who is associated with the broker\/correspondent<\/em>.\u00a0 A list of associations that Flagstar deems inappropriate for a notary to have with the broker\/correspondent at the time of closing may include, but is not limited to: any employee of the broker\/correspondent (e.g. processors, loan officers), any family member of one of the principal owners, anyone who is to receive funds other than a notary fee, based on the closing of the loan. Any closing that occurs using a notary associated to the broker\/correspondent will be required to reclose with a non-associated notary before funding or purchase can occur.\u201d<\/p>\n Flagstar goes on to tell clients that after February 15, \u201cFlagstar Bank will not approve or close more than 5 loans to any one borrower, or an aggregate loan amount total of $1,000,000, and they also followed Fannie & Freddie\u2019s refusal to accept HUD approval for condominium projects.<\/p>\n NAMB members received a letter regarding NMLS<\/strong>, stating that \u201cNMLS is proud to announce that we have been approved a \u2018channeller\u2019 of federal background checks with FBI and have introduced criminal background check processing functionality in NMLS. This functionality is an important fulfillment of one of the mandates of the SAFE Act.\u201d All new mortgage loan originator applications submitted through NMLS require the individual to request a federal criminal background check and provide fingerprints to NMLS to process this background check. And existing mortgage loan originators are able to request and pay for a federal criminal background check and provide fingerprints to NMLS to process this background check.<\/p>\n more news on FHA and DE, Reunion Mortgage, Chase, Freddie and HAMP, CMBA and S.A.F.E., applications, economy, rates, and joke of the day … <<< CLICK HERE TO CONTINUE<\/a><\/strong><\/p>\n \u00a0 \u00a0 I received an e-mail from a branch manager of a mid-sized brokerage. She said, “A few years ago, during our branch meetings, agents would try to one-up each other with news from investors, who had the best rates, the fastest underwriting turn times. Now, our branch meetings are like a wake. The only […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-236584","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/236584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=236584"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/236584\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=236584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=236584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=236584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"rob-chrisman-daily\"](\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/rob-chrisman-daily16.jpg\")
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