Tech, Credit, Correspondent Products; STRATMOR on Succession Planning; KB Homes' Warning; UAD 3.6 Advice

by Rob Chrisman

“I won the lottery for a million dollars yesterday, so I decided to donate a quarter of it to charity. I now have $999,999.75.” One can make jokes about charities, or about people and companies in residential lending, but giving (and charity) is serious, and helps us keep our focus on things that matter: people in need. For example, there’s Fairway Independent’s Fairway Cares and contribution to the American Warrior Initiative (AWI). UHM… Several years ago, Southwest General Health Center received a $1.25 million donation from The Cosgrove Family Foundation to support the hospital's Maternity Unit renovation and expansion project, and in subsequent years has received much more. Stan Middleman, the CEO of Freedom Mortgage? Philadelphia-based Penn Medicine received a $50 million gift that will establish the Middleman Center at Penn Medicine and launch a new fund. “The Middleman Fund is designed to support scientific discoveries at Penn Medicine, including early-stage research in cancer, autoimmune diseases, and infectious diseases. And this is after a 60 second DuckDuckGo search; I am sure there are countless more examples. (Today’s podcast can be found here. This week’s ‘casts are sponsored by Spring EQ, the home equity experts. See why Spring EQ is the clear choice in home equity, helping over 150,000 homeowners access almost $15 billion in equity. Today’s has an interview with Castor Financial’s Brooks Champagne on innovative Account Executive (AE) compensation plans and how AEs can build a team without management duties.)

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Samantha Smith

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