Today’s gas stations chase the convenience store gold rush

When I was growing up in eastern Washington in the 1960s, my father would get a free steak knife every time he filled up the family’s Chevrolet Caprice at his favorite gas station. In those days, the price of gas rarely moved much up or down from about 30 cents a gallon. That good old […]

Some housing markets are more susceptible in a downturn

Amid economic uncertainties and a fluctuating real estate market, it’s critical to assess the housing markets that are most vulnerable to the effects of a recession or a more modest downturn. In a Special Housing Risk Report released this past June, Attom Data Solutions analyzed 586 counties across the country during the first three months […]

Distressed homes need strong disposition strategies

Historically, how a mortgage servicer sold a property after a foreclosure — what’s called distressed disposition — was largely ignored when it came to developing a responsible and sustainable lending strategy. But this is changing as more data becomes available, shedding light on the various outcomes produced by different disposition methods. Case in point is […]

Social media stories from TikTok’s mortgage experts

Social media should be a part of every mortgage originator’s marketing toolkit. Whether you’re buying Facebook ads, building an Instagram following or posting YouTube videos, social media is a great way to reach more potential clients. When video sharing app TikTok launched, it brought with it entirely new functions, algorithms and user interfaces. Originators who […]