Originations

Linkage: Morgan Stanley Twitter Policy

Reminder to mortgage advisors who whine about regulation: investment advisors have it worse—they can’t use Twitter or LinkedIn. Today’s links include a great piece on this topic, plus career advice, using your house to get laid, two Top 10 lists, 7 signs of startup failure, the next financial crisis, and more. -Morgan Stanley’s Twitter Plans:

Linkage: New Generation Of Renters

Lots of good links today. Cheap housing markets, who’s in worse shape: Greece or US?, tips on picking a business partner, who’s late on their mortgage, and Ashton Kutcher’s real reason for stepping in on Two And A Half Men. -10 Dirt Cheap Housing Markets (CNNMoney) -Mortgage Defaults Don’t Predict Poor Credit Behavior: Transunion (HousingWire)

Linkage: Latest Homeowner Scam

-Good news: late mortgage payments falling. Bad news: 8 years to normal. (Mish) -Dictionary Definitions Of Inflation Over The Years (WSJ RealTimeEconomics) -New Homeowner Scam: Mortgage Securitization Audits (NakedCapitalism) -Seniors Suffer Under New Loan Officer Comp Rules (ReverseMortgageDaily) -Credit Bureau Error? Better Be On Bureaus’ VIP Lists (NYT) -Another Refi Wave? (CalculatedRisk) -3 Simple Questions

Linkage: Is Your Neighbor Hurting Home Values?

This morning DailyBasis author Rob Chrisman had a great quip on inflation: “yesterday I went through denial, anger, bargaining, depression, and acceptance—which are now the 5 stages of buying gas.” Here are the most current inflation figures, and the newest figures are due Thursday and Friday. In the meantime, here are good links, starting with

Linkage: Funky Bilingual

Today’s links include short sale vs. foreclosure tips, two posts from StoneStreetAdvisors who’s on fire this week, and Sage words on analyzing markets—a must-read for mortgage folks who stare at MBS charts all day. So click play on the funky bilingual Cinco De Mayo soundtrack and read up… -Has bay area real estate gone bonkers?

Linkage: Half Of Hombuyers Don’t Understand Mortgages

Today’s links on uninformed homebuyers, fate of mortgage brokers (and Freddie Mac, and the entire industry), plus a Lamborghini chase! -Homebuyers Lack Essential Knowledge (MortgageOrb from Zillow study) -PIMCO’s Gross Says Bond Yields Might Not Spike (Colin Barr, Fortune) -Freddie Mac capital markets chief resigns (HousingWire) -Can Mortgage Industry Clean Up, Pull Together (Nick Timiraos,

Linkage: TheBasisPoint Shout-Outs & Gratitude

On this Beastie Boys new album release day, today’s links are about gratitude—proper respect to early supporters of TheBasisPoint, and proper appreciation for artists who’ve inspired my work ethic and creative drive for 25 years. I already posted their entire new album stream, and I’ll comment after I buy the album in an actual store.

Linkage: Words That Real Loan Agents Live By

Not long ago, a loan agent could fund a mortgage with a borrower’s name and social security number. Those agents are called mirror foggers, as in: “if you can fog a mirror, you can close some loans.” But Quality Control thankfully returned, so you can’t get by on just breathing and self admiration anymore. Today’s

Linkage: mortage.com typo domain fee $242k

Today’s links are in pairs, starting with milk: the first explains food inflation using The Milkman Indicator, the second is about a guy in a cow suit who robbed 26 gallons of milk from Walmart. That insanity flows to The Donald, who comedians pray will be president, but two links below show this is no

Linkage: mortage.com typo domain fee $242k

Today’s links are in pairs, starting with milk: the first explains food inflation using The Milkman Indicator, the second is about a guy in a cow suit who robbed 26 gallons of milk from Walmart. That insanity flows to The Donald, who comedians pray will be president, but two links below show this is no