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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Feb. 24: LO jobs; Non-QM pricing, documentation, eSignature, AI tools; thoughts on borrower’s new starting point

Today happens to be rocker George Thorogood’s 76th birthday, and mortgage bankers know that he re-did Amos Milburn’s 1953 classic tale of rent collection, land ladies, and payment avoidance. Not having your rent money and having too much debt is not a recipe for success, but loan officers deal with that all the time while trying to…

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