Broker, ECOA, VA Cash Out Products; Disaster News; Thoughts on Yield Curve and IMBs
Whether or not you think that climate change is real, you can’t deny that there is a climate, and that climate-related disasters occur… to the tune of $170 billion this year per one estimate . And given that state-specific foreclosure laws impact servicing values, and therefore rate sheet pricing, servicing values that vary based on the likelihood of natural disasters in a given areas aren’t a stretch. (More disaster news below.) Something else that tha...
Source: mortgagenewsdaily.com