“Common sense is not a gift. It’s a punishment because you have to deal with everyone who doesn’t have it.” This is a tough market, and common sense usually isn’t enough to get through it. Lenders have expressed the need for advice on how to stop the bleeding by employing effective revenue tactics and optimizing efficiencies in their back-office operations. Identifying key areas in which to focus via informed benchmark data is a critical component to designing and deploying impactful tactics. STRATMOR can help. Contact CEO Lisa Springer to learn more. Did someone say revenue? Bicycles, which saw an unprecedented surge in demand over the course of the pandemic, are seeing sales come back down to earth. In the first six months of the year, revenue at bicycle shops in the U.S. was down 7 percent compared to the same six months of 2021. That’s a slight miss, but the business overall is still up substantially off the pre-pandemic levels. (Available here, this week’s podcast is sponsored by Agile, the mortgage industry’s MBS fintech. Bringing the mortgage capital markets into a new digital era. From lenders to dealers, Agile is the new way to quote MBS. Today’s podcast has a discussion between Robbie and myself on what lenders are focused on these days.) Broker and Lender Programs, Services, and Software Northpointe Bank Correspondent Lending provides leading-edge financing solutions for self-employed borrowers and business LLCs to maximize profitability and help grow your business. Northpointe Bank’s 12- or 24-month bank statement options are designed to make home financing simpler for self-employed borrowers. Available in the Prime Non-Agency and Expanded Access programs, the program offers loan amounts up to $3,000,000, loan-to-value ratios up to 90%, and uses either personal or business bank statements to qualify income. Additionally, Northpointe offers financing for investment properties held in LLCs in three of its Non-QM programs; Investor Cash Flow, Expanded Access, and Prime Non-Agency. Just another way Northpointe offers affordable solutions for more borrowers. For more details, email.