TMC Connect Podcast

Join Rich and Allison as they discuss the recent investment prop/second home changes and ripple effects, the wholesale broker wars, and tips and tricks on scaling and efficiently evening out the ups and downs of the mortgage industry.

Rich and Rob discuss the budding rivalry between United Wholesale Mortgage and Rocket Mortgage, the recent second home and investment property guideline changes made by Fannie Mae and Freddie Mac, and Marcia Fudge's confirmation as the new HUD Secretary.

Join Rich and Jason as they discuss the wholesale lenders Game of Thrones (bend the knee or die!), joint ventures, compressing margins, cross-training staff, and more!

Join Faith Howard-Mooney as she gets to know Erin Dee, Chief Operating Officer of LoanPeople!

Key takeaways:

• Acceleration of existing digital trends due to COVID, where we've made 10 years of progress in the last 12 months
• Development of tech integrations for RON with POS & document services providers to provide a more seamless borrower experience on their mobile device
• Continued adoption of lenders to provide a fully "e" closing process and an average reduction of 6 days in cycle time on digital mortgage transactions.
• Notarize's Rewired for Real Estate - April 7th 

Join Faith Howard-Mooney as she gets to know Melissa Langdale, Sr VP, Director of Mortgage at Right By You Mortgage!

Key Takeaways:

• Revenue can be lost through unseen vectors
• Value recognition depends on information
• Third party perspectives are crucial in uncovering cross organizational efficiencies

Key takeaways:

• The new application pace and climate thus far in 2021
• Expectations of the severity and timing of margin reductions
• Technology applications that were central to lenders scaling their businesses in 2020

Key Takeaways:

• Deeper lender understanding of eMortgage technology service providers, Blend & SimpleNexus' eClose solutions and supporting digital mortgage capabilities
• How lenders should approach considering technology service providers, like Blend & SimpleNexus in building their eClose infrastructure to meet  business goals and consumer experience expectations
• How Blend & SimpleNexus view “eMortgage readiness” and Fannie Mae perspective on what it takes to successfully implement today

This week Rob & Rich discuss rising rates and how much refinance run is left, credit bureaus vs. credit scores, the future of credit reporting, who anointed Experian, Equifax and TransUnion, steak seasoning, Rich's basement, and epic sports rants.