MCT and FICO 10 T, Non-QM, AOT Tools; Conferences in February and Beyond

“My buddy’s wife complains about constantly being sexually harassed at work. He told her she can stop working from home and go back to the office if she doesn’t like it.” “Home” means a lot, especially when it is lost. The nation is watching the loss of life and homes in LA county. Prior to the pandemic many LOs and AEs worked from home, but since then corporate types have kept an eye on the big banks and investment banks for WFH (work from home) versus return to the office clues. JPMorgan has had enough and is now going back to five days in the office. Citi, however, is still on a “three days in the office” schedule. Efficiency is good, but you lose the water cooler synergy and familiarity. People need a place to live, but not necessarily a place to work. In terms of homes, inventory for sale has been an issue for years, and will continue to be in many markets. It’s hard to increase housing units when they’re lost to fires, floods, and wind. A recent STRATMOR blog is “A Lender’s Personal Touch Can Help After a Disaster.” (Today’s podcast can be found here and this week’s is sponsored by CoreLogic. CoreLogic gives mortgage professionals the tools they need to establish long-term relationships with their clients, helping them keep future business in-house and transforming the way they do business. Today’s has an interview with homeowner and landlord Suzy Alvarez on how she chooses lenders, where the borrower experience can be improved, and what she wished she knew before buying her first home.)