Jack's Morning Update

EVERYTHING YOU NEED TO START YOUR DAY

August 9, 2023

Strange MBS Day – Basic and Advanced S/E Training – Affirmation Changes Things

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY Yesterday was an interesting day in the bond markets. We saw quite a bit of bond friendly…
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August 7, 2023

Where R Rates Now? – Free S/E Flagstar Training – Let Your Chest Pack A Punch

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHERE R RATES NOW? Wheweee, what a week we had last week in the MBS market. It goes to…
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August 3, 2023

U.S. Credit Downgraded – Short Term Rental Income – The 429 Movement

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry U.S. CREDIT DOWNGRADED On Tuesday Fitch Ratings downgraded the credit rating of the U.S. being the safest asset to…
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August 2, 2023

Treasury Causes Issues – VA No Employment History – Is Discipline a Dirty Word?

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry TREASURY CAUSES ISSUES You may have noticed earlier on in the day yesterday rates got a little bit worse…
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August 1, 2023

Find It – Fix It – Make It Happen

1ST OF THE MONTH IS A GREAT DAY TO FIND IT – FIX IT AND MAKE IT HAPPEN I send a version of this the 1st business day of every month to remind you of how important this is. Do you dare to be different, do you want to make…
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July 31, 2023

What’s Up With Rates? – Open Realtor Doors W This Product – Reading With Purpose

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHAT’S UP WITH RATES? I just love the Monday MBS update. I love it because we see what happened…
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July 27, 2023

Post Fed Day – Reduced Appraisal Requirements – The Beautiful You

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry POST FED DAY Overall we are all pretty happy with the results of Fed Day yesterday. They honestly did…
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July 26, 2023

It’s Fed Day – Bank Statement Program That Works – Purging For Progress

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry IT’S FED DAY Yesterday as expected was not a big swing either way due to the markets waiting on…
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July 25, 2023

What Happened In Rates? – The Product Changes Things – Wrecking Ball or Craftsman?

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHAT HAPPENED IN RATES? Welcome to the eve of Wednesday Fed Meeting arriving tomorrow. Yesterday was not a bad…
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July 24, 2023

Where Are Rates? – Fantastic Non-QM Pricing – What’s Your Agenda?

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHERE ARE RATES? If there is one truth that I know and understand it is that at the end…
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July 20, 2023

MBS Today – Down Payment/Reserves Options – A Message Worth Sharing

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY We ended yesterday UP by 12 in the Conventional Market which makes us up 25 on the…
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July 19, 2023

MBS Today – Non-Occupant Co-Borrowers – Door 1, 2 or 3?

THIS MORNINGS QUICK LOOK SIGN-UP FOR FREE MBS TEXT UPDATESLOGIN TO FREE MBS TRACKING SERVICECLICK TO VIEW ALL MORNING UPDATES Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY Many of you know I am at the Flagstar Bank National Sales Meeting this week and getting…
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