Jack's Morning Update

EVERYTHING YOU NEED TO START YOUR DAY

February 27, 2023

Why Rates R Increasing – New SCIF Form Required – Are U A Promise Keeper?

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 WHY RATES ARE INCREASING The month of February has not been a great month for mortgage bonds. Last week we…
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February 23, 2023

Purchases Looking Up – FHA Cuts MIP – Be Spectacular

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 PURCHASES LOOKING UP I am writing this more to give you hope for what the year will bring and less…
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February 22, 2023

What Happened To Rates? – Guideline Changes – Your Business Plan

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 WHAT HAPPENED TO RATES? We had a very rough day yesterday in mortgages losing 56 BPS in the 6% Conv…
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February 21, 2023

Top 3 MBS Movers – Tale Of 2 Agencies – Personal Trading Windows

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 TOP 3 MBS MOVERS Last week you may be surprised to know that in the Conventional 6% Coupon which is…
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February 16, 2023

Eligible Borrowers – 97% LTV Specialty Product – 30 Second Success

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 ELIGIBLE BUYERS Freddie put out a survey recently and found that 19% of those surveyed said they are likely to…
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February 15, 2023

Where R Rates Heading? – Escrow Waivers – Treat People Differently

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 RATES HEADING I know your clients ask you where you think rates are heading and I receive the…
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February 14, 2023

It’s CPI Day – The Real LLPA Changes – Valentines Day

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 TODAY IS CPI DAY Today is one of those big days of the month for mortgage rates and it is…
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February 13, 2023

MBS Today – VA Changes – Communication Creates Intimacy

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 Last week was not the ideal week, but we are hoping for a good CPI number tomorrow which…
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February 9, 2023

Borrower’s Need You – New LLPA Rollout – Make Your Day Count

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 BORROWERS NEED YOU If you are wondering why borrowers are getting cash out loans this may help you understand why.…
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February 8, 2023

The Fed Spoke – No Transcripts Required – Are You Good At Sales?

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 THE FED SPOKE Yesterday could have been a big day to turn around the market a little bit and it…
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February 7, 2023

10 Yr Note Vs Mortgages – FHA Manual Changes – Re-Starting Your Day

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 10 YR T-NOTE VS 30 YR FIXED The spread between the 10 Year Treasury Note and the average 30 Yr…
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February 6, 2023

What Happened Friday? – Home Repair W No Holdback – Acrosticizing Your Name

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 WHAT HAPPENED FRIDAY? On Friday we lost 44 BPS in the Conventional market or $440 in premium for every 100K…
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