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Princeton Wholesale
Dec 27, 20172 min read
Homeowners are using the final week of 2017 to prepay their taxes for next year; Why a pork and saue
Photo by Mike Tinnion on Unsplash Here’s a change-up for everyone… people are standing in lines to pay their taxes! Wait, what? The Wall...
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Josh Teti
Dec 22, 20171 min read
An Early HMDA Christmas Present? Happy Holidays!
Photo by Caley Dimmock on Unsplash As you know by now, the HMDA data collection update has been a major talking point throughout the...
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Princeton Wholesale
Dec 21, 20172 min read
FHFA is seeking feedback on implementing a possible change to its credit scoring models; I hope ever
Photo by Erwan Hesry on Unsplash As we enter 2018, could we see another credit scoring model implemented? Who knows… but what we do know...
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Princeton Wholesale
Dec 20, 20171 min read
The IRS is “aware” of the issues that are causing processing delays at the agency.
As we discussed on Monday, the IRS made an updated to their Income Verification Express System (IVES) earlier this month. The changes...
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Princeton Wholesale
Dec 19, 20172 min read
The debate rages on… should you rent, or should you buy?
Photo by Brandon Griggs on Unsplash I think we can all agree that interest rates are still low, but they are certainly not the lowest...
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Princeton Wholesale
Dec 18, 20172 min read
A Christmas gift from the IRS; Tax reform bill expected to pass this week
Photo by Chad Madden on Unsplash 'Twas the week before Christmas, when all through the house… (I’ll save you from the 2 stanza’s we all...
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Princeton Wholesale
Dec 15, 20171 min read
Net neutrality… what is it and why having it is important.
Photo by rawpixel.com on Unsplash Yesterday, the Federal Communication Commission voted to repeal net neutrality… wait, what? Net...
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Princeton Wholesale
Dec 14, 20172 min read
Could the Trump administration revive FHA’s condo program and bring back the spot loan?
Photo by chuttersnap on Unsplash According to the National Association of Realtors there were 614,000 condo sales completed in 2016… FHA...
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Princeton Wholesale
Dec 13, 20171 min read
Tax cuts and rate hikes with Powell in the wings… these are a few of my favorite things.
Photo by Jorge Alcala on Unsplash House and Senate negotiators are working on their first edits to the newly proposed tax legislation....
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Princeton Wholesale
Dec 12, 20172 min read
"Whole-tail" lenders fire back against claims that they are stealing customers; Movement M
Photo by Hermes Rivera on Unsplash My biggest fear for the B.R.A.W.L movement was that without any real call to action the “good guys”...
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Princeton Wholesale
Dec 11, 20171 min read
Wells Fargo will remain on the hook for millions and another FHA lender falls victim to the False Cl
Photo by Olga DeLawrence on Unsplash The interim head of the CFPB, Mick Mulvaney, was reviewing the settlement that called for Wells...
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Princeton Wholesale
Dec 8, 20171 min read
Single, female millennials are buying more than their counter parts; FHA is increasing their loan li
Ellie Mae’s latest “Millennial tracker” data showed that 60% of women who were listed as the primary borrower in October were single… as...
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Princeton Wholesale
Dec 7, 20171 min read
U.S. Bank is set to depart the wholesale business… what’s that mean for the rest of us?
Photo by Fabian Blank on Unsplash With the news coming in last night that the last “big-bank” is out of the wholesale business it’ll now...
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Princeton Wholesale
Dec 6, 20171 min read
The Senate Banking Committee began marking up the Dodd-Frank Act and the housing industry rejoices!
Photo by Jomar Thomas on Unsplash Yesterday, public statements from the Mortgage Bankers Association, the Independent Community Bankers...
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Princeton Wholesale
Dec 5, 20171 min read
A close call for mortgage servicers and the importance of growing your realtor network
This past Friday, our friends in D.C. added a late fix to the Senate tax reform bill to help avoid some hefty tax hikes for mortgage...
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David Star
Dec 4, 20172 min read
Bitcoin’s future in the housing market
Photo by Freddie Collins on Unsplash Living in Pittsburgh for most of my life has allowed me to be at the forefront of some of the...
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Princeton Wholesale
Dec 1, 20172 min read
December is here and with it comes higher interest rates… tis the season?
Welcome to December! If you’re anything like me you like to start the first of the month off by listening to the Bone Thugs n’ Harmony...
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Josh Teti
Nov 30, 20172 min read
Changing Borrower Demographics: Part 3
The first two posts in this series of Changing Borrower Demographics explores creative ways of how lenders are increasing business to...
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Josh Teti
Nov 29, 20172 min read
Changing Borrower Demographics: Part 2 - Knowing borrower's needs; my thoughts on the CFPB soap
Yesterday’s post talked about how lenders are using specific demographic data to create new business strategies. But let’s be honest,...
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Josh Teti
Nov 28, 20172 min read
Changing Borrower Demographics: Part 1 - Expanding lender reach through data mining; can millennials
In this day and age, data is everything. Accessing specific data allows companies to create strategic marketing plans and target customer...
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