Eric Decker swears by these ‘well-tailored’ workout clothes (Exclusive)

If you’re going to take workout advice from anyone, Eric Decker’s a pretty safe bet. The former NFL player, who played wide receiver for the Denver Broncos, New York Jets and Tennessee More »

eClose, Non-QM, Broker Products; VA and FHA Investor Shifts

“The City of Baltimore, Maryland suffered a ransomware attack on May 7, 2019. Due to the attack, the City is currently unable to record documents until further notice. In the interim they More »

Ivanka Trump sends Father’s Day message to Donald Trump and Jared Kushner

Ivanka Trump took to her Instagram account Sunday morning to share a heartfelt message to her dad, President Donald Trump, and her husband, Senior White House Advisor, Jared Kushner. The first daughter wrote, “Happy Father’s More »

Trump tweets: Happy Father’s Day to ‘my worst and most vicious critics’

President Trump took to Twitter on Sunday and posted a Father’s Day tweet. “Happy Father’s Day to all, including my worst and most vicious critics, of which there are fewer and fewer,” Trump wrote. “This is a FANTASTIC time to be an American! KEEP AMERICA GREAT!” Happy Father’s Day to all, More »

Two FHA Premium Changes, An End to MI Requirement?

The House Financial Services Committee (FSC) passed a clutch of bills this week, several of which will assist homebuyers and homeowners.  Two directly affect the cost of an FHA loan. The FHA More »

Eric Decker swears by these ‘well-tailored’ workout clothes (Exclusive)

If you’re going to take workout advice from anyone, Eric Decker’s a pretty safe bet.

The former NFL player, who played wide receiver for the Denver Broncos, New York Jets and Tennessee Titans for eight total seasons before retiring last summer, has cemented himself as one of the most influential football players to also cross over into pop culture.

SEE ALSO: Eric Decker reveals what he found ‘surprising’ about life after football

Recently, Decker partnered with the mens activewear brand Rhone for Father’s Day, where he shared some of his favorite products from the ever-growing brand. Though it’s too late to order the comfortable clothing that he picked out in time for Father’s Day, it’s still shoppable online — and the products have some passionate fans.

The Element V-Neck tee was described by buyers as “comfy,” “well-tailored” and having the “perfect fit,” while fans of the Swift Short called them a “very comfortable and supportive pair of running shorts, with just the right amount of coverage.”

Check out all of Eric Decker’s top workout picks below:

Rhone Element V Neck TeeRhone Swift Lined ShortsRhone Commuter Dress ShirtRhone Commuter Pant

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Article source: https://www.aol.com/article/entertainment/2019/06/16/eric-decker-swears-by-these-workout-clothes/23749760/

Pompeo defends Trump over ‘Washington piece of silliness’

Secretary of State Mike Pompeo defended President Trump on Sunday when asked about the president’s apparent willingness to accept political “dirt” on his opponents from a foreign power, calling the controversy “a Washington piece of silliness.”

When Fox News host Chris Wallace asked Pompeo Sunday if “accepting oppo research from a foreign government right or wrong?” the former CIA director responded: “Chris, you know, you asked me not to call any of your questions today ridiculous. You came really close right there.”

“President Trump has been very clear that he will always make sure that he gets it right for the American people and I’m confident he’ll do that here as well,” Pompeo said.

Trump in an interview last week with ABC’s George Stephanopoulos said that he would take damaging information — which he referred to as “oppo research” instead of as interference in a U.S. election by foreign governments — and that he would do so without necessarily alerting the FBI.

“It’s not an interference, they have information — I think I’d take it,” Trump said. “If I thought there was something wrong, I’d go maybe to the FBI — if I thought there was something wrong. But when somebody comes up with oppo research, right, they come up with oppo research, ‘oh let’s call the FBI.’ The FBI doesn’t have enough agents to take care of it. When you go and talk, honestly, to congressman, they all do it, they always have, and that’s the way it is. It’s called oppo research.”

Trump attempted to clarify what he said in a later interview with “Fox Friends,” saying that he would “absolutely” notify federal law enforcement if a foreign power presented his campaign with “incorrect or badly stated” information about an opponent. But defended his willingness to receive it.

“If you don’t hear what it is, you don’t know what it is,” Trump said.

Wallace persisted, “at the risk of getting [the] ire” of Pompeo, saying that Trump walked back his statement about alerting the FBI to foreign information. Wallace noted that the United States historically considers foreign interference in its elections unacceptable, a point that Federal Election Commission Chair Ellen Weintraub made clear after the president’s original comments.

“It is illegal for any person to solicit, accept, or receive anything of value from a foreign national in connection with a U.S. election,” Weintraub said in a statement, which she didn’t think she “needed to say.” “This is not a novel concept. Electoral intervention from foreign governments has been considered unacceptable since the beginnings of our nation.”

“President Trump believes that too,” said a tight-lipped Pompeo. “I have nothing further to add. I came on to talk about foreign policy and I think this is the third time you’ve asked me about a Washington piece of silliness.”

Pompeo said that more evidence will be released proving Iran was responsible for recent attacks on oil tankers along a vital oil shipping route in the Persian Gulf.

“The intelligence community has lots of data, lots of evidence,” he told Wallace.”The world will come to see much of it.”

Senate Majority Leader Mitch McConnell, R-Ky., holds a meeting with CIA Director nominee Rep. Mike Pompeo, R-Kan., in his Capitol office on Monday, Dec. 5, 2016.

(Photo By Bill Clark/CQ Roll Call)

Mike Pompeo (L) is sworn in as CIA Director by Vice President Mike Pence (R) as wife Susan Pompeo (2nd L) looks on at Eisenhower Executive Office Building January 23, 2017 in Washington, DC. Pompeo was confirmed for the position by the Senate this evening.

(Photo by Alex Wong/Getty Images)

Representative Mike Pompeo, a Republican from Kansas and Central Intelligence Agency (CIA) director nominee for President-elect Donald Trump, swears in to a Senate Intelligence Committee confirmation hearing in Washington, D.C., U.S., on Thursday, Jan. 12, 2017. Pompeo is seeking to reassure senators that he can shift from an outspoken policymaker to an objective spy chief if confirmed.

(Andrew Harrer/Bloomberg via Getty Images)

Senate Majority Leader Mitch McConnell, R-Ky., holds a meeting with CIA Director nominee Rep. Mike Pompeo, R-Kan., in his Capitol office on Monday, Dec. 5, 2016.

(Photo By Bill Clark/CQ Roll Call)

Representative Mike Pompeo (R-KS) arrives to testify before a Senate Intelligence hearing on his nomination of to be become director of the CIA at Capitol Hill in Washington, U.S., January 12, 2017.

(REUTERS/Carlos Barria)

U.S. Vice President Mike Pence (R) finishes swearing in Mike Pompeo, flanked by his wife Susan Pompeo, to be director of the Central Intelligence Agency (CIA) in the vice president’s ceremonial office in the Eisenhower Executive Office Building at the White House in Washington, U.S. January 23, 2017.

(REUTERS/Jonathan Ernst)

Mike Pompeo gets a hug from supporter Jennifer O’Connor after arriving at the Sedgwick County Republican headquarters at Market Centre in Wichita, Kansas, on Tuesday, November 6, 2012.

(Fernando Salazar/Wichita Eagle/MCT via Getty Images)

Adam Schiff (D-CA) left, Rep. Mike Pompeo (R-KS) center, and moderator Chuck Todd, right, appear on ‘Meet the Press’ in Washington, D.C., Sunday, Oct. 18, 2015.

(William B. Plowman/NBC/NBC NewsWire via Getty Images)

U.S. President-elect Donald Trump’s nominee for the director of the CIA, Rep. Mike Pompeo (R-KS) attends his confirmation hearing before the Senate (Select) Intelligence Committee on January 12, 2017 in Washington, DC. Mr. Pompeo is a former Army officer who graduated first in his class from West Point.

(Photo by Joe Raedle/Getty Images)

Rep. Mike Pompeo (R-KS) listens as Sen. Pat Roberts (R-KS) speaks during his confirmation hearing to be the director of the CIA before the Senate (Select) Intelligence Committee on January 12, 2017 in Washington, DC. Mr. Pompeo is a former Army officer who graduated first in his class from West Point.

(Photo by Joe Raedle/Getty Images)

Rep. Mike Pompeo, R-Kan., speaks during the news conference before a group of House Republican freshmen walked to the Senate to deliver a letter to Majority Leader Harry Reid on Wednesday, March 30, 2011. The letter called on the Senate to pass a long term continuing resolution with spending cuts.

(Photo By Bill Clark/Roll Call)

US Congressman Mike Pompeo (C), R-Kansas, sits in the dark after a power failure with US Senator Pat Roberts (L), a former Chairman of the Senate Intelligence Committee, and former US Senator Bob Dole (R), R-Kansas, as he prepares to testify before the Senate (Select) Intelligence Committee on Capitol Hill in Washington, DC, January 12, 2017, on his nomination to be director of the Central Intelligence Agency (CIA) in the Trump administration.

(JIM WATSON/AFP/Getty Images)

Rep. Mike Pompeo, R-Kan., center, nominee for director of the Central Intelligence Agency, is introduced by former Sen. Bob Dole, R-Kan., right, and Sen. Pat Roberts, R-Kan., during Pompeo’s Senate Select Intelligence Committee confirmation hearing in Dirksen Building, January 12, 2017. The hearing was moved from Hart Building due to a peer outage.

(Photo By Tom Williams/CQ Roll Call)

Incoming Trump administration cabinet secretary nominees including Secretary of State nominee Rex Tillerson (L-R), Central Intelligence Agency (CIA) Director nominee Mike Pompeo and Defense Secretary nominee James Mattis arrive for meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S. January 13, 2017.

(REUTERS/Jonathan Ernst)

Mike Pompeo (2nd L), flanked by his wife Susan Pompeo (2nd R) and their son Nick Pompeo (R), signs his affidavit of appointment after being sworn in as director of the Central Intelligence Agency (CIA) by U.S. Vice President Mike Pence (L) in Pence’s ceremonial office in the Eisenhower Executive Office Building at the White House in Washington, U.S. January 23, 2017.

(REUTERS/Jonathan Ernst)

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Article source: https://www.aol.com/article/news/2019/06/16/pompeo-defends-trump-over-washington-piece-of-silliness/23750782/

U.S. Open: Gary Woodland dethrones Brooks Koepka

PEBBLE BEACH, Calif. — Gary Woodland has won exactly one major — the 2019 U.S. Open — but you wouldn’t know it from the way he played on Sunday. Woodland held off a charge from Brooks Koepka and Justin Rose — combined majors: 5 — and clinched the victory at one of golf’s iconic venues.

Coming into the week, the USGA faced police interrogation levels of scrutiny from players following four straight U.S. Opens that ran the gamut from farcical to disastrous. Players as notable as Tiger Woods and Phil Mickelson rumbled that the USGA shouldn’t try messing too much with an iconic course like Pebble Beach.

Judging from the scores on Thursday, the USGA let Pebble be Pebble. A thick layer of fog shrouded the course for most of the weekend, keeping temperatures at around 60 degrees all week. That kept winds down and greens soft, and players up and down the leaderboard took advantage.

Rose, who won a U.S. Open six years ago at Merion, took charge of the field with three birdies in his final three holes on Thursday to card a 65. It was the lowest score at a U.S. Open since Woods finished with a similar number in 2000 … but it was only good enough to leave Rose a stroke ahead of the field.

The marine layer held on for Friday, low and thick over the tournament, giving Pebble Beach a downright British Open feel, gray skies, frigid ocean breezes and all. Scores stayed low on the day, with more players finishing under par — 44 — on Friday than Thursday’s 39. Players felt the greens tightened up a bit — just a bit — though the course was still rolling over for a good belly-scratch from the players at the top of the leaderboard.

Rose lost the lead on Friday even though he shot a respectable -1 on the afternoon. Woodland parachuted in from off the coast with a brilliant six-under, bogey-free performance — another 65 — that included a 50-foot putt on the ninth, his final hole of the day, and claimed the lead by two strokes.

Meanwhile, Phil Mickelson gave a touch of hope to everyone who’s waiting for Phil to complete that final jewel of the career Grand Slam. He played another classic up-and-down Phil round, at one point drawing to within two strokes of the lead. Woods couldn’t keep his irons under control and bogeyed the final two holes of the day to surrender whatever good fortune he’d amassed during the week.

Moving Day didn’t really involve a whole lot of moving, as it turned out. Woodland held onto the lead with some clutch putting on Pebble Beach’s second nine, but Rose narrowed the gap back to a single stroke.

This was where Woodland’s spine started to show. He had an array of major champions on his heels — not just Rose, but Louis OosthuizenHenrik StensonDanny Willett and Rory McIlroy, among others — and yet Woodland drove, chipped and putted like he was practicing. He entered Sunday with a one-stroke lead, the first time he’d ever enjoyed that spot in a major, at 11 under par.

And it was right around this time that people began noticing, that, hey, Brooks Koepka is still hanging around.

Koepka, who’d won the past two U.S. Opens as well as the past two PGA Championships, stormed into Sunday swinging a battle axe. He birdied four of the first five holes, and the cheers from his birdies washed back to the pairing of Rose and Woodland — who most definitely knew what those cheers signaled.

Even so, neither Rose or Woodland flinched. Rose birdied the first to draw even with Woodland, but just as quickly gave it back on the second hole. Woodland stretched the lead with birdies on the second and third holes, and if the moment was too big for him, he was doing a remarkable job of hiding it.

Pebble Beach’s opening seven holes are where the best players can go low, and the three leaders used those holes to throw absolute haymakers. The players combined for eight birdies across those opening seven holes, meaning that by the time the players walked off the postcard-quality 7th, exactly nothing had been settled.

Other players managed to eject themselves without threatening Woodland. McIlroy hit his tee shot into waist-deep fescue along the side of the second hole, and wasn’t able to advance the ball. Oosthuizen lurked but pitched off the edge of the leaderboard with a double-bogey on the 10th.

Down the card, Xander Schauffele, Stenson, Jon Rahm and Adam Scott all worked their way upward with red-dotted scorecards that, under other U.S. Open circumstances, would have been worthy of celebration. But with Woodland, Koepka and Rose barely wobbling, there wasn’t any opportunity for anyone in single digits to close the gap.

By the time the leaders hit the turn, this was a three-horse race, with Woodland holding a two-stroke lead over Koepka and Rose. Koepka birdied the 11th to draw within a stroke, but his par putt on the 12th stopped 10 inches short of the hole.

And then things got really interesting. Behind Koepka, both Rose and Woodland bogeyed the 12th. Koepka put his drive on 14 wide of the fairway bunkers, and moments later, Woodland nearly brained a fan standing 40 yards right of the 13th fairway. Rose put his approach on 13 into a greenside bunker.

Woodland and Koepka got away with their wayward shots, escaping with pars. Rose wasn’t quite so fortunate, sliding a second shot on 13 past the cup for his second straight bogey. That dropped him three shots behind Woodland’s -11 and two shots behind Koepka.

On the 14th hole, Woodland played what could have been a make-or-break shot — a 3-wood second-shot approach that that needed to carry more than 250 yards to clear the front bunker. It did by all of about eight inches. A chip and a putt later, birdie and a two-shot lead.

That singular shot is where this tournament turned squarely in Woodland’s favor. It doubled his lead over Koepka to two shots and, more importantly, lightened his own load while planting an anvil on Koepka’s back.

When Koepka arrived at 18, only an eagle would do, and to that point of the day none had been carded. He gave his second a ride, but immediately ordered his ball to sit. It didn’t, trickling over the green, and at that moment Koepka knew a three-peat, something that has only been done once in U.S. Open history (more than 100 years ago), wasn’t going to happen.

Woodland, who carded a total of four bogies the entire tournament, needed only to par out, which he did — well, save the bomb birdie he dropped on 18 — but not without a little drama at 17, where he actually had to chip a shot from the green in order to get it to the hole.

In his eight previous appearances at the U.S. Open, the 35-year-old Woodland had never finished better than 23rd. Now, he’s a U.S. Open champion.

Article source: https://www.aol.com/article/news/2019/06/16/us-open-gary-woodland-dethrones-brooks-koepka/23750812/

UOMO Media, Inc. (UOMO: Pink Current) | Annual Report

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Article source: http://www.otcmarkets.com/financialReportViewer?symbol=UOMO&id=223383

Burnout Nation: How companies are de-stressing workforces

NEW YORK (Reuters) – No matter who you are or what you do, let me take a wild guess: You feel a little burned out right now.

Was I right? If so, you are one of the two-thirds of Americans who report feeling burned out on the job, according to a recent Gallup poll.

That breaks down into 23 percent who are burned out very often or always, and another 44 percent who feel that way sometimes. Those numbers are epidemic.

But they do not surprise Cleveland Clinic’s Dr. Adrienne Boissy. When the famed clinic asked its own physicians about burnout, surveying over 1,500 of them, 35 percent reported at least one symptom. Across the nation for physicians it is even worse: a whopping 54 percent, according to Mayo Clinic researchers.

“People are feeling like their bucket is empty at the end of the day,” says Boissy, who as the clinic’s chief experience officer is leading the charge to combat employee burnout. “There is an ocean of distress and suffering out there.”

Burnout does not just happen in healthcare, though, with its particularly intense life-or-death environment. It takes place across industries and across regions. Popular YouTuber Lilly Singh even made headlines when she announced she was taking a break to recharge her batteries.

So what exactly is going on, to make everyone feel so depleted? There is no one answer. Rather, a host of factors conspire to make modern workers feel tapped out.

Technology is one. Smartphones now make people accessible 24/7, leading to the expectation that they will be responsive outside of normal office hours. It can develop into a two-shift day: one at the office, one at home.

“All the ways we can get in touch with people these days, puts stress on people about how to balance it all,” says Julie Coffman, a Chicago-based partner with consultants Bain Co and global head of its organization practice. “It’s exhausting to navigate.”

To their credit, organizations are starting to realize that burnout is in no one’s interest. At the Cleveland Clinic, Boissy and her team have rolled out a number of fixes to help reduce physician burnout. Since much of the problem stems from overwhelming documentation, assistants are now handling more paperwork or refilling prescriptions, so doctors can interact more with patients.

Cleveland Clinic is using innovative solutions like “Code Lavenders,” where dedicated teams help during the painful or traumatic moments that happen every day in a hospital.

TIPS TO PREVENT BURNOUT

Some burnout prevention tips from Bain Co’s Coffman: Try no-meeting or no-email days to give staffers a break from overscheduling.

Another suggestion is to analyze your employee networks. If everyone wants access to a particular manager, you need to help that manager out with his or her workload.

And remember that it is okay to say no. If you have five project groups demanding your time, go to your supervisor and figure out which are priorities, and which you can pass on.

Changing jobs can also relieve some pressure. Just ask Jane Barratt, who has plenty of experience working in the digital space, where “all anyone could ever talk about was how tired they were.”

When she signed on with financial-data firm MX as its chief advocacy officer, it was like a different world. Dedicated areas for spouses and kids, nap rooms, massage time, big family events like booking movie theaters or taking over theme parks – the list goes on.

As a result, her new venture “does not have the level of exhaustion of other tech companies,” she says. “It’s something I haven’t really seen before.”

(The writer is a Reuters contributor. The opinions expressed are his own.)

Editing by Lauren Young and David Gregorio

Article source: http://feeds.reuters.com/~r/news/wealth/~3/Mm6fWhPaIi8/burnout-nation-how-companies-are-de-stressing-workforces-idUSKCN1TE2LF

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion

(Reuters) – U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv’s Lipper, as the United States and Mexico struck a deal to avert tariffs.

U.S.-based high-yield junk bond funds – which move in sympathy with equity flows – attracted more than $1.7 billion of inflows in the week ended Wednesday, also following two straight weeks of cash withdrawals, Lipper said.

Tom Roseen, head of research services at Lipper, said it was “definitely a risk-on week” with net new money into corporate investment-grade bond funds of more than $4 billion.

“Interestingly, though, we saw retail investors being net redeemers of equity funds at negative $4.9 billion, while authorized participants were net purchasers of equity ETFs at plus $9.4 billion. So once again it was a tale of two cities,” Roseen said.

Mom-and-pop investors “appear to be content sitting on the sidelines until the trade deals are completed, parking cash into the money market funds of more than $12.9 billion,” he said.

Mom-and-pop investors are also putting money into select bond fund classifications: corporate investment-grade debt funds of plus-$1.2 billion and municipal bond funds of plus-$887 million, their 23rd consecutive week of net inflows.

Reporting by Jennifer Ablan; editing by Phil Berlowitz and Leslie Adler

Article source: http://feeds.reuters.com/~r/news/wealth/~3/whs71OVPT4g/risk-appetite-emerges-as-u-s-based-equity-funds-attract-4-4-billion-idUSKCN1TE2Y7

eClose, Non-QM, Broker Products; VA and FHA Investor Shifts

“The City of Baltimore, Maryland suffered a ransomware attack on May 7, 2019. Due to the attack, the City is currently unable to record documents until further notice. In the interim they are issuing ‘Lien Certificates’. Mr. Cooper is offering the following guidance related to loans closed within the city of Baltimore: ‘Any loans with title reports that contain title exception language regarding lien certificates will be ineligible until further notice.’ If you have any questions, please contact your Regional Sales Team.” Scary stuff. What if this were to happen to an area that is growing by leaps and bounds? For example, two of the top three largest gaining MSAs from 2010 to 2018 were in the state of Texas, with both Dallas-Fort Worth-Arlington and Houston-The Woodlands-Sugar Land gaining over 1 million people during that time, according to the U.S. Census Bureau. Dallas and Houston have estimated populations of 7.5 million and 7.0 million, respectively, ranking them the fourth and fifth most populous metro areas in the U.S.

Lender Products and Services

Prime Choice Funding Wholesale has announced another product expansion by adding Alt-QM to its product offering. “The Alt-Choice Product Suite is an amazing group of products: LTVs up to 95%, FICOs down to 500, loan amounts to $5M, Bank Statements up to 90%, PL program, Foreign National, WVOE only program, Asset Utilization, Investor Solutions: No income, No ratios (only LTV, FICO DSCR). PCF Wholesale is currently doing business in 34 states. Offering a wide array of loan products from Agency to Non-QM, you can count on us for any loan scenario. Through our excellent service, price best-in-class technology, we pride ourselves on being a wholesale lender that you can count on for all your loan transactions. PCF Wholesale is ‘Built for Brokers,’ and works to ensure our lending partners look like the super stars they are. Please contact your AE for more info or contact PCF wholesale directly at marketing@pcfwholesale.com to have an AE assigned to your company.

Please join Polunsky Beitel Green at Booth 702 for a demonstration of our new eClose solution, eMortgagelaw.com, during  the National Association of Federally Insured Credit Unions in New Orleans, June 18th – 20th. The eMortgage law technology offers a one-stop eClosing solution built around a proprietary intelligence engine, which electronically digitizes lender loan documents from any loan origination or document system, allowing the lender to maintain its own documents, barcodes, internal workflows and processes without having to change to another system. Because documents from any system can be auto-tagged, categorized, sorted and bookmarked within seconds, labor intensive manual tagging and sorting is completely avoided. The eMortgage law system greatly reduces operational errors, making post-closing issues virtually a thing of the past. Drop by or schedule an appointment with Eric Gilbert or Stacey Maisano.

Caliber Home Loans, Inc. is excited to announce the newest addition to its suite of non-agency loan products. Investor Access extends real-estate investment opportunities to more borrowers by providing the ability to qualify based on property cash flows. Borrowers can apply as an individual or as an LLC, which expands their options for investing in their financial future. Investor Access borrower may qualify for loan amounts up to $1 million with a 75% LTV. Caliber also improved pricing on its self-employed borrower product, Professional Elite, by as much as 1% in rate. Visit www.CaliberHomeLoans.com for more information.

In today’s environment, technology can create friction between brokers and lenders. To better this relationship, improve integration, and provide a superior TPO and consumer experience, Flagstar Bank has partnered with three market software leaders. Flagstar’s integration with Ellie Mae Encompass creates a utility inside the platform, allowing correspondents to deliver loans with a single click. This eliminates the need to login to the Flagstar portal and offers greater efficiencies and faster shipping. Flagstar is also aligned with Arive, a new technology ecosystem for brokers. They anticipate this software package will include pricing as well as delivery and status updates in future releases. Flagstar’s integration with NAMB All-In, powered by Calyx, also benefits brokers, allowing loans to be delivered directly to Flagstar. Their partnerships with these market leaders offer their customers the confidence and innovative tools to experience greater success in today’s everchanging and complex markets.

FHA and VA Lender Chatter

This week I noted that FHA is extending the public feedback period on its proposed revisions to the Addendum to Uniform Residential Loan Application (Form 92900-A) posted on the Single Family Housing Drafting Table (Drafting Table) on hud.gov until 11:59 PM (Eastern) on June 30, 2019. FHA is extending the feedback period to give interested parties additional time to review and submit feedback on the proposed changes. The feedback deadlines for the Annual Lender Certifications and the Defect Taxonomy — also posted on the Drafting Table will remain the same, and end on June 8, 2019. Thank you very much to Bob Broeksmit who reminded me that defect taxonomy was also extended to June 30.

And Mountain West Financial is offering its brokers free Appraisals on FHA conforming purchases with a 640 or higher score thru the month of June. “Unlike other lender’s free appraisal offers, there’s no payment required from the borrower. It’s truly an appraisal paid for by your friends at MWF. Applicable only for Conforming FHA Loans (Program code: FF30), purchase transactions only. MWF will not pay for 1004D’s, only the initial appraisal. Loans must be submitted between June 1st and June 30th. Minimum 640 FICO or higher, new submissions only. Sale disclaimer: Available to MWF Approved Wholesale Brokers. Valid on the initial Appraisal ONLY. Free appraisal is a lender credit at closing. If appraisal is transferred to another lender, the borrower will be responsible for full payment. When ordering the FHA appraisal on this Special Program, choose ‘other’ for the billing option and input ‘MWF FHA Appraisal Promotion’ in notes.”

MBA’s Risk Management, QA and Fraud Prevention Forum (RMQA19) is the premier industry event for risk management professionals in the residential mortgage industry. Take advantage of this opportunity, September 15-17 in Chicago IL., to hear directly from the GSEs, FHA and industry experts on digital document management, loan quality and costs, underwriting, fraud prevention and more.

VA has recently released updates to several chapters of the VA Lender’s Handbook. Unless otherwise announced, PennyMac will be aligning with all updates to the VA handbook, while maintaining current overlays. Click here to view the announcement.

Ditech Financial has revised appraisal and LTV guidelines for VA Interest Rate Reduction Refinance Loans (IRRRL). Appraisals are now only required for IRRRLs that refinance a VA fixed rate mortgage into a VA Adjustable Rate Mortgage (ARM). LTV limits based on whether discount points are charged will apply only to fixed rate to ARM IRRRLS. Appraisal reports for fixed rate to ARM IRRRLs must not be ordered through WebLGY. Reports may be exterior-only or full appraisals and repairs do not have to be completed prior to closing. Contact ditech for LTV requirements applicable to fixed rate to ARM IRRRLS when discount points are charged.

Freedom Mortgage Wholesale has implemented new loan registration and disclosure instructions on VA Cash-Out Refinance Loans for Table Funding Brokers effective immediately. The new VA cash-out Refinance Disclosure is now included with Freedom Mortgage’s electronic LE disclosure packages. Brokers are cautioned to input accurate data in these new data fields. These data fields do not include any logic that will auto correct typos or other data errors. Discrepancies between data used in the new disclosure and in the system may result in delays.

U.S. Bank Home Mortgage has completed consolidation of its Correspondent and HFA websites. View Bulletin B-2019-12-A for details. (U.S. Bank Correspondent/HFA Division announced its alignment with Black Knight and its Empower technology as its future loan origination system.)

In its Resource Center, PRMG posted updated Credit Refresh Lookback Policy.

First Community Mortgage Wholesale Announcement 2019-12 covers guideline updates applicable to multiple programs.

PRMG posted  Product Profile Updates 19-27 on April 25th. Click the link to view its various updates.

As a reminder NewDay launched Operation Home in December, a program that utilizes VA-guaranteed mortgages and seller-paid closing costs to put active-duty and veteran servicemembers military families into homes with as little cash out of their own pockets as possible. Last month, NewDay announced its Operation Home monthly volume is expected to soar 150 percent by the end of the year. NewDay has renewed its warehouse facility with BankUnited for $100 million bringing it a total of $400 million in warehouse commitments, that also includes Texas Capital Bank and People’s United Bank.

Capital Markets

The short end of the yield curve did well yesterday but U.S. Treasuries across the curve rallied after reports that two tankers operating near the in the Gulf of Oman were attacked, which the U.S. blamed on Iran. That aided the global growth narrative, and now it seems we may be in a refi tsunami as well with that 10-year yield approach 2 percent, which is weighing on MBS sentiment. Fed rate cut odds in 2019 continued to rise, with next week’s meeting now near 30 percent and with July at 85 percent for a 25 bp cut. 30-year mortgage rates are back to September 2017 levels.

Today’s calendar begins with retail sales for May. Later this morning, markets will digest May industrial production and capacity utilization; business inventories in April; and preliminary June Michigan sentiment. We begin today with Agency MBS prices a few ticks better and the 10-year yielding 2.07%.

Employment

MortgageFlex Systems is expanding rapidly and looking for a new talented sales leader to join the team! “Come join a fintech leader with a modern cloud-based LOS and Digital Lending Platform. Be a part of a fast-paced environment where you’re challenged to find creative ways to engage your audience. MortgageFlex is looking for an energetic sales leader that’s based in Orange County, CA. The ideal candidate is eager and ready to learn in his/her career. The candidate has 3-5 years of experience in LOS, POS, and CRM. We are experiencing a high demand of interest and need a goal-driven innovator. His/her strengths should include multi-tasking and forming strong interpersonal relationships. If you think you’re a match please email Alexis Anderson.”

Highlands Residential Mortgage is coming off its fifth consecutive year of growth in 2018 and is on pace to make it six in 2019. Recently, Highlands was recognized as one of the Scotsman Guide Top Lenders in 2018 and ranked #1 on National Mortgage News’ list of Best Mortgage Companies To Work For 2019. Highlands is led by former originators and industry veterans guiding the company to being one of the most successful independent mortgage bankers in the country today. Continuing the company’s track record of attracting some of the best and brightest people in the business, Highlands has added Talent Acquisition leader Howie Hall to its dynamic team. If you are looking for an origination home that is loaded with experience and support, rallies around closing on time, every time and want to find your last business card, contact Howie Hall.

NOVA® Home Loans, an independent full-service mortgage banker with a dynamic platform, excellent support, diverse product offerings, and exceptional, engaged leadership, is looking for a seasoned Branch Manager to grow its Colorado Springs market. “The ideal candidate will have a minimum of five years’ experience in mortgage banking and five years management/leadership experience in the mortgage industry. Excellent leadership and recruiting skills a must. NOVA® Home Loans is consistently ranked among the Top 50 Mortgage Lenders in the United States and as one of the Best Places to Work in the Southwest. NOVA® Home Loans has branches in Arizona, California, Colorado and Nevada and can originate loans in 12 states. NOVA offers stimulating work in a fast-paced, customer-oriented, compliance-focused work-environment.  NOVA also offers a competitive benefits portfolio. If you are ready to work for a dynamic and growth-minded mortgage lender, please send your resumes to Kim Carson.”

“With June officially being National Homeownership Month, are you armed with the right product mix to help meet the needs of first-time homebuyers, current homeowners looking to refinance, and the scenarios in-between? If you’re a part of the Motto Mortgage network, the answer is a strong yes thanks to our mortgage brokerage-in-a-box model. As a Motto Mortgage broker owner, you get all the tools you need to hit the ground running including a wholesale lending portfolio that gives your loan originators and borrowers the options they need to close with confidence. With nearly 90 offices open in 30 states, our national presence continues to grow thanks to a network hard at work, turning homebuyers’ dreams into realities. Contact us (866.668.8649) to learn how Motto Mortgage can offer more for you, and your borrowers.”

 

Article source: http://www.mortgagenewsdaily.com/channels/pipelinepress/06142019-fha-lending.aspx

Ivanka Trump sends Father’s Day message to Donald Trump and Jared Kushner

Ivanka Trump took to her Instagram account Sunday morning to share a heartfelt message to her dad, President Donald Trump, and her husband, Senior White House Advisor, Jared Kushner.

The first daughter wrote, “Happy Father’s Day to these two incredible Dads and to all of the amazing fathers out there who have earned today’s celebration!”

She shared several images, including one of Kushner and her father at the White House, a shot of her and Kushner at a romantic dinner and finally, one of her father climbing the steps to Marine One with two of her children.

Most reading the post had positive comments, wishing the president and Kushner a happy Father’s Day.

One wrote, “Happy Fathers Day Mr President have a great day you deserve it,” and another follower wrote of her message, “Sweet of you.”

One person commented, “criminals” on the post, perhaps referring to recent news that first daughter and White House adviser Ivanka Trump collected a cool $4 million in income from her father’s controversial hotel in Washington, D.C., last year, according to her latest financial disclosure filing.

The first daughter has been more active on her Instagram as of late, and on Friday morning she shared pictures at the White House with Kim Kardashian, who was announcing a new partnership to help integrate formerly incarcerated people back into the workforce.

Ivanka also expressed her gratitude to Kardashian for her “passionate advocacy of Criminal Justice Reform and Second Chance hiring.”

Read more from Yahoo Lifestyle:

Article source: https://www.aol.com/article/lifestyle/2019/06/16/ivanka-trump-sends-fathers-day-message-to-donald-trump-and-jared-kushner/23750689/

LAPD investigating officer’s actions in Costco shooting

LOS ANGELES (AP) — The Los Angeles Police Department is gathering evidence and video footage in an administrative investigation into an off-duty officer who shot and killed a man authorities say attacked him inside a Southern California Costco Wholesale warehouse store.

Authorities remained tight-lipped Sunday, not responding to requests for comment about what provoked the Friday night confrontation and whether anyone but the officer was armed. Two others were critically injured in the shooting in Corona, which is about 40 miles (64 kilometers) east of Los Angeles.

Los Angeles Police Commission President Steve Soboroff said Sunday it is Chief Michel Moore’s decision whether to put the officer on leave, but it remained unclear if that happened. The officer’s identity has not been released.

The officer opened fire after Kenneth French, 32, of Riverside, “assaulted” him “without provocation” as the officer held his young child, Corona police said Saturday.

Bullets struck French and two of his family members, according to police. The officer was the only person who fired shots in the store, police said.

The officer was treated and released at a nearby hospital. The officer’s child was not injured, the department said.

The department’s policies allow off-duty officers to carry concealed weapons as long as they are authorized for on-duty use, according to the LAPD manual.

The LAPD will continue its internal probe as Corona police and the Riverside County district attorney’s office conduct a separate investigation into the shooting. The LAPD said Sunday it had no further information. Corona police and the district attorney’s office did not respond to requests for comment Sunday.

A relative of French’s reached on Facebook declined to comment Sunday and asked for privacy.

Joseph Giacalone, a professor at the John Jay College of Criminal Justice and a retired New York City Police Department sergeant, said it’s justifiable to use deadly force even in a crowded store if the attacker has a weapon.

“If the guy pulled out a pocketknife and approaches him, game over,” Giacalone said Sunday.

Police have not said if French had any weapons or if the officer identified himself as police before firing.

Giacalone said video footage from Costco’s cameras and shoppers’ cellphones will be critical to the dual investigations.

While it’s not unusual for police to delay releasing information such as an officer’s name in a shooting for safety reasons, Giacalone said it’s important to get details out as quickly as possible.

“People start filling in the timelines for you” in the meantime, he said.

The shooting prompted a stampede of frightened shoppers, some who fled the store as others sought cover inside.

Witnesses reported seeing an argument between two people near a freezer section when shots rang out at least six times. The Costco reopened later Saturday.

1. EMPLOYEES ENJOY PLENTY OF BENEFITS

Costco now sets its minimum wage for hourly employees at $14 an hour. That’s in addition to offering benefits like healthcare for all employees, regardless of part-time vs. full-time status.

While I was at Costco, they gave employees complimentary memberships to the store. Each employee also got a free turkey to enjoy with their families on Thanksgiving. And to top things off, Costco paid employees time and a half just for working on Sundays.

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2. COSTCO IS A GREAT DESTINATION FOR HEALTH FOOD

People who haven’t shopped at warehouse clubs might expect the “buy in bulk” mentality to mean the aisles are lined with junk food. While Costco does sell things like cookies and candy bars, there are plenty of healthy options, if that’s what you’re looking for. Greek yogurt, coconut water, protein powder, and lean meats are just some of the things that line the shelves at Costco. And the produce section is filled with delicious apples, bananas, berries, salads and more.

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3. IT’S NOT JUST FOR BIG FAMILIES, EITHER

When I tell friends I still shop at Costco, they don’t understand what my husband and I buy there, since we don’t have kids and live in a small New York apartment. But there are plenty of options for any family size, and it doesn’t mean you have to keep ten spare jars of tomato sauce in your pantry. Things like Kirkland Signature protein bars and olive oil are shelf stable for our small household. Cleaning supplies like kitchen sponges are sold in reasonably sized packages, too. It just depends what you’re looking for—but there’s no one demographic that’s more suited to shop there. These Costco shopping tips will save you a ton.

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4. COSTCO’S PIZZA IS THE REAL DEAL

If you find yourself eating at Costco’s food court, you’ll probably be pleasantly surprised by how great the food is. The pizzas are baked fresh in store with Kirkland Signature ingredients, and they don’t skimp on cheese and other toppings. The hot dog combo—just $1.50 for a hot dog and a soda—is also superb. The food court even offers fresh diced onions, in addition to mustard and ketchup, to top your dog. 

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5. PEOPLE REALLY DO BUY THAT FAMOUS GIANT BEAR

The giant teddy may seem like an Internet novelty, and plenty of people (myself included) have stopped to take photos with the 8-foot-tall friend. But I saw more than one person buy the giant stuffed animal—usually grandparents purchasing it as a gift for their grandkids. (I do wonder how they stuffed it into a car/cab to get home.)

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6. YOU CAN GO TO THE PHARMACY AS A NON-MEMBER

If you live near Costco and want to pick up your prescriptions there, you can do so without buying an annual membership to the club. But don’t think you can pull a fast one on the employee checking membership cards at the entrance—you can’t check out at Costco without a membership in your name. 

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7. COSTCO IS SELLING BLUE APRON MEAL KITS

I didn’t learn this one working at Costco—it’s a new initiative—but if you’re looking to save time on meal prep, this is worth knowing about. A handful of Costco stores on the West Coast are selling the Blue Apron kits, which make weeknight dinner prep way easier. Don’t miss the details! Plus, check out even more insider secrets Costco employees won’t tell you.

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Article source: https://www.aol.com/article/news/2019/06/16/lapd-investigating-officers-actions-in-costco-shooting/23750727/

246,000 pounds of frozen breakfast wraps recalled as they may contain small rocks

El Monterey brand frozen breakfast wraps are being recalled to the tune of more than 246,000 pounds. The wraps, which are sold nationwide, are being recalled over fears the bacon may be contaminated with extraneous materials, including small rocks.

How do rocks get into bacon, and thus breakfast wraps? It’s not really clear. What does seem clear is that someone ate rocks and complained.

The USDA Food Safety and Inspection Service (FSIS) states that, “The problem was discovered on June 14, 2019, when Ruiz Foods advised FSIS of three consumer complaints regarding foreign material in the wrap products. The firm continues to investigate the source of the foreign material.”

Ruiz Foods apparently received a report of a potential injury and alerted the FSIS immediately, triggering the recall. The FSIS has received no additional reports of injury or illness from consumption of these products. They stress to see a doctor if you’re concerned you’ve consumed a contaminated product.

Worried you might have some of the contaminated product in your freezer? According to FSIS, you’ll want to check your freezer for 8-Pack family size film packages containing “EL MONTEREY EGG, POTATO, BACON CHEESE SAUCE BREAKFAST WRAPS” with “Best if Used By” dates of 01/17/2020 and 01/18/2020 and lot codes 19017 and 19018.

Read more from Yahoo Lifestyle:

Article source: https://www.aol.com/article/lifestyle/2019/06/16/246000-pounds-of-frozen-breakfast-wraps-recalled-as-they-may-contain-small-rocks/23750741/

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