Warehouse Product; Servicing Sale; Residential Co. Moves; Conventional/Conforming News

Posted To: MND NewsWire“Rob, although the initial commotion about Amazon entering the mortgage biz has died down, my management team believes it is still a threat. We have heard, however, that plenty of resi companies use Amazon’s servers to host their sites. Is this true?” “Plenty” is a little vague. I don’t know how many, or exactly who, or the IT implications, but here are a couple of quick, easy to find references: Blend , Roostify , and CloudVirga . To the best of my very limited IT knowledge, Amazon Web Services is entirely separate from Amazon’s other ventures. Conventional Conforming Changes “ACIS is Freddie Mac’s programmatic CRT offering for the global (re)insurance industry. It accesses institution-based capital to support the mortgage credit market…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

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Michael Ayoub, Author NMLS ID 6631