I’d like to die in my sleep, like my grandfather, not screaming in terror like the passengers in his car.

Wells Fargo’s hiring. Or maybe the correct verb tense is “hired”. According to their CFO Wells recently hired about 5,000 people to handle the increased workload in their mortgage operation.  The bank added people across the [...]

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By Mercy Jiménez
Once upon a time, I used to work for Fannie Mae. For a number of years, I was proud to be there. I believed in our corporate mission to help make homeownership possible for more Americans. The majority of my coworkers sincerely shared those ideals. I count many of them among the [...]

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  To Our Clients, Colleagues and Friends,    An interesting change that we’ve noticed is that more and more mortgage bankers have chosen not to sell on a mandatory delivery basis but are sticking with best efforts.  It used to be that once your volume get to a certain level, somewhere around $15-20 [...]

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    Fed’s White Paper Leaves Questions Unanswered, Analysts Say  – By Ari Levy – Bloomberg ———— Stress Tests? No Big Deal After All – By ANDREW ROSS SORKIN – When the government first announced its plan to “stress test” the nation’s top 19 banks, it described the [...]

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