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MBS Commentary
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Last week was characterized by one big day of volume and volatility surrounding the apparently scandalous and sensational political headlines. By now, you've either come across the news in question (regarding Trump, Comey, Flynn, Chaffetz, etc.... (read more) |
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Rob Chrisman
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I recently heard a CEO say, “I am fine competing on product, price, and service. But we shouldn’t have to compete on subjective interpretations of rules, regulations, and compliance issues.” While residential lenders wait for anothe... (read more) |
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Mortgage Rate Watch
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Mortgage rates continued higher for the 2nd straight day after hitting the lowest levels in more than 7 months earlier this week. Wednesday's big move lower was a direct result of political headlines relating to potential wrongdoing in communications... (read more) |
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Mortgage Rate Watch
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Mortgage rates were slightly higher for the 3rd straight day, continuing a modest bounce back from the year's lowest rates last Wednesday. In a nutshell, bond markets (which dictate mortgage rates) reacted in a big way to last week's political headli... (read more) |
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Rob Chrisman
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For me this week included time in Salt Lake City, Columbus, Milwaukee, San Francisco, and Raleigh. (The mood is good as individuals continue to share best practices in an effort to lend to consumers in a compliant and cost-effective way – and t... (read more) |
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MBS Commentary
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If bonds hadn't undergone their highest volume move of the year on Wednesday and Thursday, we would have expected this week to be relatively dead in terms of market movement potential. There was nothing interesting on the event calendar, save... (read more) |
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