Rhode Island Fraud; Ally Reentering The Biz; FOMC Week!

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Posted To: Pipeline Press

"The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires." So said William Arthur Ward. Various examples of politics fits into each one of those, and here's an example of where the internet and politics intersect that my son Robbie sent along: www.jebbush.com . Are you making any money this year? I hope so, as most believe that margins will decline next year . Heck, why wait for next year? It appears that margins were lower in the 3 rd quarter for independent mortgage bankers versus the 2 nd quarter (although higher from the 3 rd quarter of 2014). Marina Walsh, the fabled VP of Industry Analysis at the MBA, summed things up: "In the third quarter of 2015, profits were $1,238 per loan (55 basis points), compared to $897 per loan (42...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/pipelinepress/12142015-ally-mortgage.aspx

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