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  • Non-QM, DPA, HELOC, Borrower Servicing Products; FTC and Leads; Freddie,Fannie, and FHFA News January 21, 2025
    Please don’t touch my pizza! In a decision that has left countless fans disappointed,, including many in the mortgage ranks, Costco has decided to remove the $1.25 fries option from the food court menu entirely. The decision comes at a time when the retailer identified certain items as being “loss leaders,” which include the $5 […]
  • Bonds Open Stronger Thanks to Tariff Uncertainty January 21, 2025
    Trump issued numerous executive orders on Monday, but conspicuously absent was any specific directive regarding tariffs.  This was one of the key areas of focus for financial markets.  While there are few different ways it could be traded, one of the simplest was from an inflation standpoint. With specifics TBD, bonds breathed a modest sigh […]
  • Slightly Weaker Drift, But Broadly Uneventful January 17, 2025
    Slightly Weaker Drift, But Broadly Uneventful Friday may as well have been a 4th weekend day for the bond market.  Volume and liquidity were obviously in holiday mode.  Trading levels were basically flat, although it might not feel that way if you're seeing MBS prices end the day down more than an eighth of a […]

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