Non-QM, Verification, Fraud Prevention, Buy Before You Sell Products; STRATMOR on Borrower Satisfaction

“We base our business model on lots of things, but not on our ability to predict rates.” Remember when there used to be “a flight to quality” when there was world unrest, and investors put their money into dollar-denominated assets? Long gone. Even if one knew exactly what was going to happen in the United States, how can anyone, including the Federal Reserve, predict much of anything given the global uncertainty, violent or otherwise, and an event’s impact on mortgage rates? (Speaking of the Fed & rates, the current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?” (Found here, this week’s podcasts are sponsored by Optimal Blue. OB’s smart solutions automate critical functions like pricing, hedging, trading, and social media. More originators and investors rely upon Optimal Blue’s integrated solutions, data, and connections to support their unique business strategies, no matter how complex. Hear an excerpt of an interview with former CFPB Director Kathy Kraninger from last week’s Mortgage Matters show that airs every Wednesday at 11am PT/2pm ET. Register for today’s show with guest Tom Davis of Deephaven.) Lender and Broker Products, Software, and Services Real estate valuations continue to be complex and ever-evolving, especially today with proposed regulatory changes and unpredictable market dynamics. Creating an effective valuation strategy is vital for lenders to manage risk and streamline operations. Watch this complimentary webinar hosted by ICE to learn all about the world of automated valuation models (AVMs)*. You’ll find out when to use an AVM to address challenges in the current valuation landscape; why AVMs are considered a credible, objective option for collateral risk management; and how they can help your business – from lead generation and portfolio management to cost reduction and more. *Check with your compliance or legal department for information on complying with applicable law.