Jack's Morning Update

EVERYTHING YOU NEED TO START YOUR DAY

May 31, 2023

Rates Lookin Good – 1031 Exchange Know How – Enthusiasm Changes Things

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY WHAT HAPPENED YESTERDAY?CONV LOANSThe 6% coupon gained 59 BPS so that should have put a smile on a…
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May 30, 2023

MBS Today – Address Confidentiality – Just A Moment, I’ll Be Right Back

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS UPDATE LAST WEEK IN REVIEWConventional loans from Monday open to Friday close we lost 83 BPS or $830 worse…
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May 25, 2023

MBS Today – Construction To Perm Trick – Ricochet Or Splat

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY WHAT HAPPENED YESTERDAY?CONV LOANSWe lost 44 BPS on the Conv 6% coupon. That means your pricing got worse…
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May 24, 2023

MBS Today – 1 Year Self-Employment – Ultimate Peace Of Mind

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY WHAT HAPPENED YESTERDAY?CONV LOANSFrom Monday close to Tuesday close we gained 4 BPS so pricing pretty much stayed…
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May 23, 2023

MBS Today – USDA With Assets – Ditch Your Friends

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY WHAT HAPPENED YESTERDAYCONV LOANS$160 Worse Pricing Per 100K Loan SizeFHA / VA / USDA LOANS $160 Worse Pricing Per…
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May 22, 2023

MBS Today – Bank Statement Program – Just Stop It

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY Happy Monday folks! So what happened last week? Lets see what happened from Monday open to Friday close. On…
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May 18, 2023

MBS Today – Funds To Close Helper – The Story Matters

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY Yesterday in the Conv MBS we ended yesterday where we started so we had a slow day and…
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May 17, 2023

MBS Today – Seller Credits – That Which Describes You

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY It is always interesting to me to look at the global markets and the U.S. markets and how…
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May 16, 2023

Where R We Now? – How To Use HELOCs – One Dot At A Time

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHERE ARE WE NOW? I love looking back and looking forward to what was and what is. I am a…
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May 15, 2023

MBS Today – LLPA DTI Removed – The Greatest Weapon

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS TODAY You likely noticed on Friday a few re-pricing emails from lenders for the worse when it was not…
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May 11, 2023

Great MBS Day Yesterday – Float Down Secret – Bring Something To The Table

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry GOOD MBS DAY YESTERDAY I love bringing good news sometimes. It makes me feel all warm and fuzzy on the…
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May 10, 2023

It’s CPI Day – Departing Residence Rules – Opportunity Is Always Knocking

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry IT’S CPI DAY Ahhhh, nothing like a day that can change everything. At least for a day or week or…
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