
Rates Leap to Another Multi-Month High
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks in question involve following the broader market reaction to the Iran war which has caused significant and almost exclusive upward movement in interest rates for the entire month of Ma
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BI, Fraud, Non-QM, HELOC Products; Capital Markets; At What Point Do You Verify Something?
Whatβs new out there? Well, United Airlines is talking about having couches in the air. Thereβs always something new in compliance, and there are firms that specialize in it including Feewise, Truework, Asurity, RiskExec, TENA, ACES Quality Management, Firstline Compliance, and LicensingStore.com li
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Oil And Yields Move Back Up
Bonds yields stayed lower than oil prices suggested yesterday afternoon. The same is true this morning, but oil prices have risen enough to lead bonds into weaker territory. Said differently, Iran war de-escalation sentiment is increasingly drying up, thus causing higher oil prices, higher bond
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Noticeably Lighter Volatility. Why?
Noticeably Lighter Volatility. Why? Wednesday offered a welcome break from the pervasive volatility seen since the start of the Iran war. It was among the narrowest trading ranges of any single day in March, especially during domestic trading hours. This is somewhat surprising considering the prepon
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