The Biggest No-Brainer for Mortgage Lenders
For any mortgage company with a loan portfolio, there is one solution that you have to implement if you are not already. Monitor your customer portfolio for new credit applications called triggers. Here are a few things to consider: One vs. Multiple Credit Bureaus: If you use just one of the 3 credit bureaus (Equifax, […]
Evidence of a Housing Bubble Ready to Pop
In many areas of the country, housing prices have screamed 20, 40, even 60% higher in the past 12 months. Peaking in April, communities have seen very low inventory and, in many cases, multiple buyers competing and escalating home prices to stratospheric heights. Why did this happen? Can it continue? When will the bubble pop? […]
The Good and the Bad of the USPS Postage Increase
On August 29, 2021, the USPS implemented new postage rates as part of it’s “Delivering for America” plan (you have to love the names of our Government programs these days). The USPS 10-year plan includes “Judicious price increases paired with investment in our network will allow us to provide the predictable, reliable service that the […]
Artificial Intelligence vs Human Intelligence in Marketing
The news is rampant with stories about Tesla’s Autopilot and it’s problems with crashes. Even though Mr. Musk inadequately named this feature “Autopilot”, it comes with a disclaimer that requires the driver to stay engaged with the car’s driving. So, I think it’s clear that car Autopilot technology has not replaced human intelligence. In the […]