It comes in waves. When things are good… our industry’s media publications produce enough fluffy content to make you sick to your stomach. Not like the fluey sick to your stomach, but the “I ate 2 bags of Fun Dip and a sleeve of Oreo’s” sick to your stomach. AND then, when things are bad (let’s just say tough because it’s not bad… or at least that bad) our industry can create enough negative energy to make you want to wrap up in a blanket in a hoodie & sweatpants… lay on the

There has been a large movement happening inside of the Wholesale Lending space and if you haven’t been following the BRAWL Movement (Brokers Rallying Against Whole-tail Lenders) …let me catch you up to speed. Late last year, mortgage brokers took arms against wholesale lenders who were stealing their customers. If you happen to follow any brokers on LinkedIn, you’ll find some pretty amazing videos of them tearing up their contracts with alleged “Whole-tail” lenders. Well… it

It might not feel like it, but spring is in the air. People are coming out of hibernation, even in the cities that are still dealing with snow. “Moving Season” has officially begun. Even though there aren’t as many homes being listed for sale as most cities are accustomed to, mortgage applications increased by nearly 5% from the previous week. Where are most people moving? Where will originators be able to help the most people buy a home? Some of the most affordable cities ar

Tax reform (for some) has made owning a home more expensive, refinances are down 34% from last year, it’s a purchase market, but we’re in a housing shortage and of course… rates are at their highest level in years despite dropping a smidge last week. Wow… so what your saying is it’s a tough time to be in the mortgage industry? I think for some the answer is most certainly… yes. Margins are thin and to counter that, lenders are compressing (what a nice way to say downsizing) c

Have you ever watched American Greed on CNBC? How about the newer show on Netflix called Dirty Money? If you’re not aware of the general premise, they document real life individuals who get caught in the act of various schemes, strategies, and tactics that defraud and cheat other individuals, companies, and industries. These schemes come in all shapes and sizes ranging from a couple million bucks to affecting an entire billion-dollar industry (check out the Volkswagen episode