Servicing, TPO, Warehouse Products; Training and Webinars; CPI Moves Rates Higher

In our biz, you never want to hear, “deception,” “targeting the elderly,” or “abusive tactics” related to a company. But there they are in this report, “The Ugly Truth Behind We Buy Ugly Houses.” (Thank you to Ken S. for passing this along.) The franchise is nationwide, unlike… cicadas? The U.S. Census Bureau says the Midwest includes 12 states: the Dakotas, Kansas, Missouri, Iowa, Nebraska, Illinois, Indiana, Minnesota, Wisconsin, Michigan, and Ohio. I mention this, not only because some people are confused where they live, but also because this spring, two different broods of cicadas, one that lives on a 13-year cycle and the other that lives on a 17-year cycle, will emerge at the same time from underground in a rare, synchronized event that last occurred in 1803. Billions of the winged insects will make an appearance across the Midwest and the Southeast, beginning in some places in late April, for a raucous mating ritual. (Today’s Commentary podcast can be found here and this week’s is sponsored by Lender Toolkit and its AI-powered AI Underwriter and Prism borrower income automation tools. By providing lightning-fast underwriting decisions, your market reputation with borrowers and Realtors will soar, which means more repeat and referral business. Hear an interview between Lender Toolkit’s Madison Kelly and AMS LLC’s Andrew Hicks on AI underwriting.) Lender and Broker Software, Products, and Services Stay up to speed on what’s happening with borrower demand, incentive and other critical market trends by attending the ICE Mortgage Monitor webinar. You’ll gain insights you can't get anywhere else. During this monthly webinar, ICE experts discuss the most current findings from their analysis of the company’s vast U.S. mortgage, housing and property data assets. Hear about home prices, affordability, interest rates, equity and other important factors that impact your lending strategies. Best of all, its free to attend: just sign up here. The next webinar will be held on Wednesday, Feb. 28, from 2-3PM ET.


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