chrisman llc mortgage collaborative conference august 2015 “ putting mortgage news into an...
TRANSCRIPT
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MORTGAGE COLLABORATIVE CONFERENCEAUGUST 2015
“Putting Mortgage News Into an Understandable Framework”
Rob Chrisman
Chrisman LLC
Chrisman LLC
HOW ARE WE EXPECTED TO KEEP ALL OF THIS IN CONTEXT?
• “The U.S. Army is planning to cut 40,000 soldiers and 17,000 civilian workers over the next two years.” • “Wells Fargo 2nd Quarter Mortgage Originations +32%”• “Late Payments on Home Equity Loans Drop, Defying Warnings”• “Trump urges Military Strike Against CFPB”
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IS THIS REALLY NEWS?
•" I want to emphasize that the course of the economy and inflation remain highly uncertain, and unanticipated developments could delay or accelerate this first step."•Janet Yellen
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JOURNALISM 101
•Who•What•When•Where•How•(Stay tuned)
KEY THEMES FOR THE REST OF 2015 AND EARLY 2016
• Compliance has become a recruiting tool. “Dirt spelled backwards is…” The end of 30 day rate locks?• Should I change my model? Uh, non-QM?• e…signatures, notes, disclosures, mortgage• How do we grow: M&A? A new model?• Regulator interference• And…
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MILLENNIALS ARE EASY TARGETS
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Chrisman LLC
Chrisman LLC
Chrisman LLC
WRAP UP
• Rates versus a business model•We can expect market volatility to continue•We can expect further consolidation• E-whatevers•We can expect the legal & regulatory atmosphere to continue
JOURNALISM 101
•Who•What•When•Where•How•Why: Helping families & clients
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REMINDER FROM MANAGEMENT:
"Do not let what you cannot do interfere with what you can do."
John Wooden, American basketball player and coach
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Thank you very much, have a memorable Conference,
and keep up the great work!
Chrisman LLC
Thank you very much, have a great Summit, and keep
up the great work!