
Cotality's Product Array; NEXA on the Move, Mike Kortas Interview; AI and Experimentation
“Hey, it’s either network or no work.” For lenders, networking is an important part of their business. In addition, generally speaking, renters are prime “feeding grounds” for loan originators searching for clients. But there’s some disturbing signs out there: what if renters can’t even afford their
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More Mid-Morning Selling, But MBS Outperforming
10yr yields began the morning in slightly stronger territory, generally following a modest decline in oil prices overnight. That trend actually ran its course by 5am ET and yields began rising gradually at that time. Sellers picked up the pace after 10am (partly oil-related, but certainly also plent
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Brutal Day And For The Scariest Reasons
Brutal Day And For The Scariest Reasons Despite a slightly stronger start and initial promise of resilience in the face of higher oil prices, bonds bounced nauseatingly higher starting around 10am. Oil prices do a fairly terrible job of explaining the bond weakness, even though oil moved a few bucks
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Mortgage Rates Now Close to 7.5%
More than a few media outlets will tell you that 30yr fixed mortgage rates are just now moving over 7% based on the fact that Freddie Mac's weekly rate survey hit 7.03%, up from 6.95% last week. Before continuing, let's be clear that Freddie's weekly rates are a valuable resource for long-term, big
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