Total Expert’s Post

Hello Credit Union friends! Please register and join myself and Justin for this informative webinar as we provide insights on maximizing your profitability with a focus on enhancing your members satisfaction.

How can maximizing profitability and getting the most out of every step – from rate sheet creation to servicing – help credit unions enhance member satisfaction? Mark your calendar for the upcoming ACUMA Inside Track Webinar with speakers Justin Roddel and Drew Schindewolf from Optimal Blue on Thursday, November 7, at 1 p.m. CT. Webinar Highlights: ➕ Discover how optimizing these processes can lead to better rates and improved experiences for your members. ➕ Explore strategies to improve retention, increase market share, and boost member satisfaction. ➕ Understand how to ensure maximum profitability at every stage, from rate sheet creation to servicing. ➕ Learn from industry leaders about the intricacies of the loan manufacturing process. Save your spot today: https://lnkd.in/eAM36cac #OptimizeYourAdvantage #CreditUnions #MortgageLending #MaximizeProfitability ACUMA (American Credit Union Mortgage Association) --- Follow Optimal Blue for the latest from the capital markets industry leader.

🎙 Exciting Announcement for Credit Week 2024 🌟   Buster Tolfree, Director of Mortgages at United Trust Bank Limited, is joining us as a speaker! 🎤 In this session, Buster will delve into the topic of 'Residential Customer Affordability'. Balancing affordability with responsible lending is essential for a sustainable and inclusive mortgage market.   Join us at #CreditWeek to explore the end of fixed rates, examine the effects of rising interest rates, and unpack the implications of Consumer Duty. Don't miss this opportunity to gain valuable insights from an industry expert! 🚀   For more information on the Credit Week agenda please visit https://lnkd.in/e8fnDdRh #CreditWeek #FinanceLeadership #MortgageMarket #FinancialInsights

If you are at the #MBAAnnual next week, be sure to catch this session.

✨Dream Big✨ At CSE Federal Credit Union, we believe in the timeless wisdom of C.S. Lewis. Whether you're planning for a dream vacation this year✈ or that new home🏠, your financial goals are within reach. Learn more about CSE’s Consumer Loans at https://ow.ly/hg5X50QswQb and Mortgage Services at https://ow.ly/Fbnk50QswQa #DreamBig #FinancialGoals #CSLewisWisdom

Guess what? Punxsutawney Phil predicts SPRING! Do you know what's perfect for the Spring real estate selling season? BluePoint Mortgage has all the products your borrowers need. Reach out with your scenarios, and let's spring into action together! CWilliams@BluePointMtg.com We've got a mix of loan options to match the diverse needs of today's borrowers. Check out our popular zero-down FHA loan – perfect for those facing down payment challenges. Beyond the usual conventional and government choices, our non-QM products bring some cool innovations. Think DSCR loans for property investors, bank statements for the self-employed, and P&L Only loans that use business income for qualifications. We've also got iTIN and Foreign National programs, opening up paths to home ownership and investment. It's all about giving you options and flexibility to reach your financial goals on terms that work for you. #springselling #realestate #fha #va #dscr #itin #nonqm #investmentproperty #brokersarebetter #nonqmqueen

The American Bankers Association and seven other financial sector groups have asked the Consumer Financial Protection Bureau (CFPB) for a 30-day extension on the comment period for its proposed changes to mortgage servicing rules (Regulation X). Even with this potential extension, mortgage servicers need to proactively prepare for and understand these upcoming changes. Non-compliance could result in significant penalties that far outweigh the costs of ensuring your practices align with the new regulations. Don't get caught unprepared – take action now. #BROADWATERLLC #CFPB #REGX

Jaret Seiberg at #MBASecondary24 on #GSEReform: “I think the Mortgage Bankers Association has been on the right side of this issue, since the very beginning. If you want the transition to be smooth, there has to be certainty in the MBS market. And the way you get to certainty is you just codify what we all already know ... So the smart thing is just put that into law, charge a fee for it, and let’s just call it the FDIC for the GSEs and be done with it. The problem is political. I just don’t know how you get there.” https://lnkd.in/eMcyRC-m

The regulatory landscape is constantly shifting. It's crucial to stay up to date on the latest rule changes, interpretations, and areas of focus from the CFPB, FDIC, NCUA, and other agencies. Our May Regulatory Brief has you covered with an expert rundown of: ✔️ Final rules on noncompete agreements, SBA loan eligibility, and more ✔️ Enforcement actions related to mortgage practices, debt cancellation products, and the first bank failure of 2024 ✔️ The CFPB's heightened supervision of mortgage lending and servicing Listen to our podcast or read the full breakdown: https://lnkd.in/ggREEWVb #RegulatoryCompliance #FinancialServices