June 26: LO jobs; hedging, processing, community lending, servicing, mortgage intelligence tools; probably change in capital rule turning heads
“I’ve been experimenting with breeding racing deer. People have accused me of just trying to make a fast buck.” There are no fast bucks to be made in residential lending, and the correct compensation is a continuing topic. (A recent STRATMOR blog was titled, “Compensation is Still Lender’s Largest Expense.”) A veteran LO wrote, “My…