As I head from Denver to the Bay Area early this morning, I thought to myself, “Why are corn farmers great at eavesdropping? Because they have ears everywhere!” Heard in the hallways in Denver. “It sure has become obvious that what got us ‘here’ isn’t going to get us ‘there.’” “FHA delinquencies are truly increasing and are often correlated to the unemployment rate. So, if unemployment begins creeping up, we know what’s next. Forbearance and workout trends aren’t doing well either.” “You gotta figure that any middle-aged white guy walking within 5 blocks of the convention center is in this industry.” (That said, I definitely am seeing some welcome diversity with age, sex, and heritage!) “I am sure glad that my company has servicing. We couldn’t have made it through the last year or two without it.” “I wouldn’t be surprised, if rates stay around where they are for a while,” that we’ll see further cutbacks and/or mergers & acquisitions.” (Today’s podcast can be 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 FundingShield’s Adam Chadhaury on the latest wire and title fraud risks as well as best practices for risk mitigation.) Lender and Broker Software, Services, and Products Champions Funding extended a heartfelt thank you to everyone who visited its booth at NAMB National in Las Vegas last week. Attendees left with confidence, knowing the lender has all their Non-QM bases covered, especially with the introduction of two new products designed to knock it out of the park for loan originators and their borrowers. In November, Champions Funding will unveil new and expanded loan programs including Foreign National borrowers with Full and Alt-Doc options, simplifying the process and broadening opportunities for international clients in the U.S. real estate market. Become an approved broker partner with Champions Funding to get access to the hottest products in the Non-QM. Email us to get connected with an Account Executive today.