LO, Cap. Mkts. Jobs; Automation, Credit, Processing Products; Conforming Conventional News; Redwood Trust Deal

Posted To: Pipeline Press

People ask me for advice all the time. For example, I tell guys, “Don’t ask your wife when dinner will be ready while she’s mowing the lawn.” With the move in rates, LOs are looking for advice, hoping for free extensions. Everyone knows that LOs are out there adding value and wealth to and for their clients, but since the Paleozoic era lender’s management has dealt with “Lose the deal or give the client an extension” question, especially troubling if the loan hasn’t moved past the app stage. “Free anything” is not likely if a particular originator or broker shop constantly asks for extensions or concessions. It’s rough out there, and one broker in Michigan sent, “Rob, it’s brutal here, so thanks for the info on supply…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


LO, Cap. Mkts. Jobs; Automation, Credit, Processing Products; Conforming Conventional News; Redwood Trust Deal
LO, Cap. Mkts. Jobs; Automation, Credit, Processing Products; Conforming Conventional News; Redwood Trust Deal

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *