July 10: LO jobs; hedging, fraud protection, QC products; FHA, USDA programs sweeping changes; interview with Pennymac’s Kim Nichols
Lenders and servicers have entire sets of policies and procedures based on the Federal Emergency Management Agency (FEMA) declaring an emergency in a given area. President Trump says FEMA should be eliminated, which would definitely impact this process. Texas officials weren’t fans of FEMA until they needed it. Unfortunately, FEMA has become politicized. Generally, how…