CFPB and Government Updates; March Madness or Lock Lunacy? April, May Should be Solid!

By Rob Chrisman

Posted To: Pipeline Press

Today I head off to Austin, Texas for four days of MBA STRATMOR Peer Group Program meetings – a great opportunity to sit in a room with the MBA, STRATMOR execs, and CEOs & CFOs of dozens of lenders and compare thoughts on the industry and how to improve operations & production. Ahead of the trip I looked at my credit card balance – it would be embarrassing to max it out – and I owe about $1,500 – manageable. I can’t fathom $1.5 billion or $1.5 trillion, and according to the Mortgage Bankers Association total commercial and multifamily debt outstanding in the U.S . stood at $2.64 trillion in the fourth quarter of 2014, an increase of $49 billion, or 1.9 percent, over the third quarter of 2014. Looks like some borrowers are taking things to “the next level.” There is no way the government…(read more)

Via:: CFPB and Government Updates; March Madness or Lock Lunacy? April, May Should be Solid!