This morning I head through Chicago to Michigan to the MMLA Conference, where one of the discussion topics will be the NAR changes and how they impact lenders (if they do). What would some consider a great job for a “washed up creative” to do? Well, as this short video that Maryland’s Ken S. points out, real estate agent comes to mind, and reminds us that three out of four participants in a real estate transaction have no interest in a low price, and in fact want a higher price. “The more money they spend, the more money I make!” Homeowner’s insurance will also be a topic, as once again our clients, or potential clients, are facing rates that sometimes cause the loan to fall through. For those out there hoping for lower mortgage rates… what will lower rates do to housing prices, especially houses in the first-time home buyer sector? (Today’s podcast is found here and this week’s is sponsored by Truv. Truv lets applicants verify income, employment, assets, insurance, and switch direct deposits. Unlock the power of open finance, with Truv. Hear an interview with MBA’s Mike Fratantoni on volatility, spreads, and how the latest economic data is fitting into the Fed’s thinking.) Lender and Broker Software, Services, and Products What does the CFPB have in store for mortgage servicers? The most recent proposed rule, “Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties,” is poised to make significant changes to loss mitigation requirements. Industry comments are due in less than a month. With proposed RESPA changes, early intervention, notification of loss mitigation determination, credit reporting consistency, and assistance for those with limited English proficiency all on the table, you’ll want to check out Clarifire’s current blog, “CFPB Proposes More Rules for Mortgage Servicers.” Discover more about the proposed rules and how CLARIFIRE® is uniquely designed to help your organization implement changes quickly and easily for uninterrupted servicing of your borrowers’ needs. Connect with us today to streamline and add capabilities to your organization and experience CLARIFIRE®, a modern, intelligent innovation that’s truly BRIGHTER AUTOMATION®.