You don’t become cooler with age, but you do care progressively less about being cool, which is the only true way of being cool. This is called the “Geezer’s Paradox.” People change, and so do industries. Things are always changing in our business. For example, take this plethora of mortgage law changes hitting Texas originators and lenders. Although ATR (Ability to Repay) has given us years of strong borrowers, credit analysis is changing. “Rob, is it true that the three credit bureaus own VantageScore?” Yes, it is owned by the three national credit bureaus (Equifax, Experian and TransUnion); VantageScore Solutions, LLC is an independently managed company. (Today’s podcast can be found here and this week’s podcasts are sponsored by Visio Lending. Visio, which has a top-notch broker program, is the nation’s premier lender for buy and hold investors with over 2.5 billion closed loans for single-family rental properties, including vacation rentals. Hear an interview with Fairway Independent’s Steve Jacobson on leading a mortgage company and the individuals that work for it.) Lender and Broker Software, Services, and Products ‘Tis the season of giving, and what better way to celebrate than by treating borrowers’ pets to shiny new tags for their new home? With Operation Fido, tags are automatically ordered directly from Encompass® by ICE Mortgage Technology™ when a loan closes, ensuring furry friends stay safe as they explore their new neighborhoods. It’s a simple, thoughtful way to make borrowers (and their four-legged family members!) feel at home. Watch the video to see how it works!