Verification Tool; Company and Training Webinars at Home; Capital Markets; Oil-Driven Inflation?
Officially winter ends on 3/19, as the Spring Equinox is 3/20. Most modern clocks these days auto-update when daylight savings begins/ends. So, Sunday morning I’ll be walking around my house thinking, “Wow... times have changed.” This Sunday many places will be changing their clocks and springing ahead. This will, once again, lead to the public asking politicians to do away with changing clocks, with stories of bad traffic and grumpy students. For something new, the Federal Reserve Board announced the termination of its 2018 enforcement action against Wells Fargo, following its determination that the bank had met all required conditions. Recall that Wells’ asset cap was lifted last June. Does this mean that “The Coach” is destined to open up a correspondent channel? Probably not, but if the risk & reward stars align, who knows… especially with solid business. According to Curinos’ proprietary application index, February 2026 funded mortgage volume increased 35 percent YoY and increased 2 percent MoM. The average 30-year conforming retail funded rate in February 2026 was 6.07, 9bps lower than January 2026 and 81bps lower than the same month last year. Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures. (Today’s podcast can be found here and this week’s ‘casts are sponsored by Feewise, which turns mortgage compliance from bottleneck to business accelerator. Handle all the complexities involved with establishing TRID compliant fees and disclosures, achieve sign off, and deliver packages to your consumers for review or signature. Hear an interview with FICO’s Julie May on how lender risk behavior is evolving, what is driving the growing adoption of trended data, and how new distribution models could reshape credit scoring across the mortgage industry.)
Categories
Recent Posts

Uncertainty Extended Indefinitely

Mortgage Rates Maintaining a Tight Range Amid War-Related Uncertainty

MBS Execution, AI, DSCR, Processing, HELOC Products; Hedge Funds, Treasuries, and Mortgage Rates

Hurrying Up And Waiting

Ceasefire Uncertainty Adds to Losses

Highest Rates in a Week But There's a Catch

VOA, Processing, DPA, Non-QM, Broker Products; Lender 2025 Volume Rankings; Attorneys and Legal Risk

Barely Weaker After Weekly ADP Data (Not Retail Sales)

Bonds Only Modestly Weaker After New Escalation Over The Weekend

Mortgage Rates Almost Perfectly Flat to Start New Week
GET MORE INFORMATION


