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| Community Dev., Non-Del Non-QM, Hedging Products; Credit News; Capital Markets | ||
| 4/1/2026 10:40 AM | ||
| Time flies, Apple turns 50 today, the first quarter is in the books, and here in Northern Nevada, like everywhere, lenders are watching trends and technology. There are all kinds of lists out there, but for those who prefer the CFPB’s data, there’s HMDA Market Share Dashboards for Origination Statistics. In terms of technology, there’s always somet...Read More | ||
| Data and War Headlines Erase Overnight Gains | ||
| 4/1/2026 8:38 AM | ||
| Bonds rallied modestly in the overnight session after Trump said the US may exit the war soon. Those gains have been more than erased (just barely) after this morning"s data. Both ADP and Retail Sales were stronger than expected although it should be noted that Retail Sales is for the month of February in this case. New Trump headlines also added t...Read More | ||
| Another Day of Gains With Some Quarter-End Distortion | ||
| 3/31/2026 3:28 PM | ||
| Another Day of Gains With Some Quarter-End Distortion Q1 was fairly eventful for the bond market with solid--sometimes puzzling--gains in February followed by a relative rout in March. Heavy quarter-end rebalancing flows are making for more volatility than normal at 4pm ET, but up until that point, 10yr yie...Read More | ||
| Mortgage Rates Fall Back Below 6.5% | ||
| 3/31/2026 2:21 PM | ||
| Mortgage rates moved lower for the second straight day as markets responded to potential de-escalation in the Iran war. Rates are based on bonds and bonds improved overnight as The President said the war could end even if the Strait of Hormuz was not yet reopened. Additional improvement followed during domestic hours based on headlines that ...Read More | ||
| BBYS, Cybersecurity, AI Assistant Tools; Non-Agency News; STRATMOR on Owning Servicing | ||
| 3/31/2026 10:52 AM | ||
| Appraisal methodology and analysis have changed over the years, and we’re about to undergo another major alteration with UAD 3.6. Some investors are ahead of the 11/2/26 curve. For example, Newrez is now accepting loans from clients who have adopted the Uniform Appraisal Dataset (UAD) 3.6 Appraisal and Forms Redesign and submitted via the Uniform C...Read More | ||
| War Headlines Help Bond Recovery Continue | ||
| 3/31/2026 9:35 AM | ||
| The focal point of the overnight news cycle was a report that administration officials said Trump is willing to end the war even if the Strait of Hormuz remains closed. Markets rallied nearly as much just before the open when Trump said the hard part is essentially done on the Iran war (and that other countries should just go take their own oil now...Read More | ||
| Mortgage Rates Drop Meaningfully Over The Weekend | ||
| 3/30/2026 2:24 PM | ||
| The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recovered nicely over the weekend. By Friday afternoon, the average rate was 6.64%--the highest since August 2025--adding to a trend of rapid upward movement over the course of March. While there"s no...Read More | ||
| AI/LOS, Commercial Products; USDA, FHA, VA Changes; Interviews with Lennar"s Escobar and Vesta"s Yu | ||
| 3/30/2026 10:21 AM | ||
| Do you remember when everyone was talking about the lack of housing inventory as a problem for buyers? Those days are long gone: There are now nearly 50 percent more home sellers than buyers as mismatch widens to a record 630,000. (Of course this is depending on price point and location.) And what they’re selling isn’t necessarily new: Per the Amer...Read More | ||
| Bonds Mostly Finding Their Own Buyers | ||
| 3/30/2026 8:12 AM | ||
| There are three distinct reasons that could account for bonds paradoxically rallying overnight despite oil prices remaining high and an absence of meaningful de-escalation in the Iran war. The most notable development has been the correction in Fed Funds Futures that began on Friday morning and extended modestly into this morning. Less ob...Read More | ||
| Some Resilience After AM Weakness | ||
| 3/27/2026 3:16 PM | ||
| Some Resilience After AM Weakness 10yr yields are set to end the week at the highest levels since last July, but those were even higher highs earlier this morning. From roughly 9am-1130am ET, bonds recovered all of the day"s losses in a move that was led by adjustments to Fed rate hike expectations.&nb...Read More | ||