Read Time:1 Minute, 13 Second
The market shows signs of improving
And owners are thinking of moving
The mortgage rates are still pretty low
Let’s make dough, let’s make dough, let’s make dough
Though the rates may be increasing,
And refis are now decreasing
The economy’s ready to grow,
Let’s make dough, let’s make dough, let’s make dough
Let’s go out and go after new loans
The Millennials are starting to buy;
And if we help them finance their homes
We’ll balance demand with supply
The market will be made up of buyers
And they’ll need mortgage suppliers
So be the lender ready to go
And make dough, let’s make dough, let’s make dough
Opportunity’s out there knocking
This shouldn’t be so shocking
It’s time to get on with the show
Let’s make dough, let’s make dough, let’s make dough…
Let’s make dough, let’s make dough, let’s make dough…
Let’s make dough, let’s make dough, let’s make dough…
Wishing you all a very Merry Christmas and a Happy, Healthy and Prosperous New Year!
(Thanks to composer/songwriter Julie Styne and lyricist/songwriter Sammy Cahn for the famous Christmas Song “Let It Snow”)
EDITOR’S NOTE: We will not be blogging on 12/23 and 12/26. Enjoy the time with family and friends.
Michael L. Vitali – Independent Consultant to the Mortgage Industry
Mike Vitali is an independent consultant to the mortgage industry on matters concerning compliance and mortgage lending. He most recently served as the Senior Vice President and Chief Compliance Officer for LoanLogics, monitoring regulatory developments and their practical implications for the mortgage lending industry. His duties included research, interpretation, and analysis of existing and proposed legislation related to the industry in support of recommendations for policy and/or procedure changes to maintain continued quality and compliance with all applicable laws, rules and regulations, investor requirements, and standard mortgage practices. In his more than 40 years in the mortgage industry, in senior level management, he has gained experience in all areas of mortgage lending, risk management, and compliance.
Mike is a past President of the MBA of Greater Philadelphia, is a charter member and was the second Chairman of the MBA of Pennsylvania, and a past board member and Legislative Chair of both associations. He is a recipient of the 1998 Mortgage Banker of the Year Award from the MBA of Greater Philadelphia, and the 2003 Chairman's Award from the MBA of PA, and currently serves on several compliance related task forces for MBA.
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