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Investing in real estate can be a successful way to boost your net worth if you know where and how to invest. If you are looking for a good location to put your money, consider the 10 cities below. Read More

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MBS Week Ahead: High Gear nCov Fear Pushing Rates Toward All-Time Lows

Posted To: MBS Commentary

Coronavirus (or nCov for short) made more disconcerting headlines over the weekend and has generally proven itself to be far more capable in that regard than its long lost cousin, SARS. When the nCov market narrative first emerged in mid-January, the comparison to SARS was still unknown. Now that the virus is unequivocally spreading faster, farther, and killing more people, markets are free to express more panic. But why panic? It's not as if nCov will kill more people than the flu does each year, right? So what's the big deal? In short, the big deal is that everyone is used to dealing with the flu. There are well-established figured on how many people will probably get it and how many of those will die. There's also a vaccine that is occasionally effective and that may at least...(read more)

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Controller, LO Jobs; Compliance and Servicing Events; Coronavirus Dominating Markets

Posted To: Pipeline Press

With the coronavirus driving worldwide markets and politics dominating the headlines, who doesn’t like “easy?” Easy: Krispy Kreme is launching donut delivery. Thank you to Ken S. who passed along this report, brought to us by our friends at the NAR (or is it just “NAR”?), on the easiest places to buy a house this year . Surprisingly, many of the “easy” places are along the coast, with the harder places inland. What isn’t easy is paying out a $3 billion fine, like Wells Fargo did last week for its fake account scandal, or shifting/closing/pausing an entire division like Quicken Loans did with its One Reverse Mortgage . Another thing that isn’t easy is keeping track of trends with 139 million housing units, and servicing the loans on many...(read more)

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