Rob Chrisman Daily Commentary

Mar. 19: Cap. Mkts Tech, U/W, LO Jobs; Broker, Correspondent, Subservicer Oversight Tools IMB Cost Still $11k per Loan; STRATMOR...

The FHFA announced it will drop certain homeowners‑insurance requirements, which should lower costs for lenders and borrowers. CrossCountry Mortgage disclosed an agreement to acquire Summit Funding, expanding its presence on the West Coast and underscoring ongoing consolidation in residential lending. MBA data revealed independent mortgage banks earned a pre‑tax profit of $674 per loan in Q4 2025, down from $1,201 in Q3 but still positive. Vendors such as Truework, MQMR and AI‑focused platforms are promoting automation and oversight tools to boost efficiency amid tighter margins.