In this MBA Premier Member Editorial, Vice Capital Markets Chairman Chris Bennett explains why the highest mortgage bid may not be the best execution.
Tag: Chris Bennett
Premier Member Editorial: Charting a Path Out of GSE Conservatorship (If Policymakers Choose to Pursue It)
Vice Capital Markets’ Chris Bennett looks at the path forward for the GSEs.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
One idea that could help lenders stand out in this market is a rate-lock program to give qualified borrowers more time to shop for their home. And, by design, incentivize them not to also shop elsewhere for a different rate and so that they will close with the original lender.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
One idea that could help lenders stand out in this market is a rate-lock program to give qualified borrowers more time to shop for their home. And, by design, incentivize them not to also shop elsewhere for a different rate and so that they will close with the original lender.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
One idea that could help lenders stand out in this market is a rate-lock program to give qualified borrowers more time to shop for their home. And, by design, incentivize them not to also shop elsewhere for a different rate and so that they will close with the original lender.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
Erin Palmer is Founder and CEO of Blue Phoenix. Chris Bennett is principal of mortgage industry hedge advisory firm Vice Capital Markets.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
Erin Palmer is Founder and CEO of Blue Phoenix. Chris Bennett is principal of mortgage industry hedge advisory firm Vice Capital Markets.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
Erin Palmer is Founder and CEO of Blue Phoenix. Chris Bennett is principal of mortgage industry hedge advisory firm Vice Capital Markets.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
Erin Palmer is Founder and CEO of Blue Phoenix. Chris Bennett is principal of mortgage industry hedge advisory firm Vice Capital Markets.
Chris Bennett and Erin Palmer: Extended Rate Locks–How to Hedge Your Bets Past 90 Days
While any new construction loan destined for sale to a GSE can be a one- or two-time close, lenders can decrease risk by focusing the right resources on the initial underwrite as well as the final review.