Jack's Morning Update

EVERYTHING YOU NEED TO START YOUR DAY

August 30, 2022

MBS Today – Bankruptcy Refresher – First Principles Concept

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 This morning we have consumer confidence and the JOLTS report plus some home price indicies but the consumer…
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August 29, 2022

MBS Today – VA Rental Income – Doing Your Job Or Living Life?

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 The last couple weeks the MBS chart as shown below looks more like steps than a flowing MBS…
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August 24, 2022

Inflation Reduction Act – Medical Collections On Credit – No Hesitation Wed

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 INFLATION REDUCTION ACT Most of you may have heard rumors about the Inflation Reduction Act that Congress just passed. It…
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August 23, 2022

Home Owners Net Worth – DACA On Jumbo – Hashtag Blown Away

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 HOMEOWNERSHIP KEY TO NET WORTH It is fairly obvious to most of us but it is also very powerful for…
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August 18, 2022

Global Summit – Perspective Makes A Difference – Guideline Updates

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 GLOBAL SUMMIT One of the items impacting the MBS market is the uncertainty of what the FED is going to…
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August 17, 2022

MBS Today -FHA’s Purpose In Life – Born To Make A Difference

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 we started the day down 20 BPS and throughout the day we ended the day from open…
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August 16, 2022

MBS Today – VA Cash-Out VS IRRRL – It’s The Little 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 Yesterday we had a modest gain in the MBS market of 9 bps and we are at the…
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August 15, 2022

MBS Update – FHA Single Unit Condo Approvals – What’s Your Conversion Rate

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 from Monday morning open to Friday close we gained 13 bps on the conventional market which…
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August 11, 2022

Natural Gas Issues – Assets From Side Business – Reviews Are Key

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 NATURAL GAS SHORTAGES I am finding this conversation kind of interesting and of course concerning of what “could” happen.  It…
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August 10, 2022

Fun With Numbers – Assets For Income – Nobody Cares-Work Harder

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 FUN WITH NUMBERS The S&P 500 gained 9.2% in July. Yay! But still down 12.6% on the year. On 8/5/2011…
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August 9, 2022

The Problem With News – HELOCs Are A Hit – Your Safe Place

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 PROBLEM WITH NEWS Of course it is always wise to understand what is happening in the markets and to…
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August 8, 2022

Why Recessions Lower Rates – Closings Getting Easier – Don’t Be That Guy/Gal

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 Recessions Lower Rates Someone asked me the other day “Jack, I get recession is good for rates but can…
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