Jack's Morning Update

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 EXPLAINED Saying The Fed said this or The Fed said that is common lingo the past couple years.…

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 DISCLOSING RATES TO CLIENTS Mortgage interest rates are likely the most fluctuating item of the entire mortgage process. I cannot…

YOU CAN NEVER FIX WHAT YOU DO NOT REVIEW I send a version of this on the 1st business day of every month and always do this myself. This is vital to understanding where you are and helping you get to where you want to be. Make sure you know…

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 MSR PROFITS & LOSSES Monday I covered what an MSR is and how everyone gets paid and Tuesday I explained how…

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 MSR VALUING Yesterday I went over how servicers and the agencies get paid to care for your clients as well…

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 UNDERSTANDING MSR’S Have you ever wondered what people are talking about when you hear someone say a company showed a…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE NO MORNING UPDATE TOMORROW OR FRIDAY. WILL SEE YOU BRIGHT AND EARLY NEXT MONDAY MORNING : ) Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHERE ARE RATES…

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 THANKSGIVING BY THE NUMBERS The average American eats 4,500 calories at the Thanksgiving table. It would take 9 hours and…

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 HOW HEDGING WORKS I was chatting with a buddy of mine and I said what have you been curious about…

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 BASICS OF BPS BPS = Basis Points.1 BPS = 1/100 of 1%.Example 100 BPS = 1%. When looking at…

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 Borrower asks you this morning “Hey Mr./Mrs. Loan Officer, what do you think rates are going to do today?”…

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 BIG MBS DAY I am sure we will have received some more intel on the election to see who will…