MBS market imbalance fueling higher rates
GSEs buying more MBS and the Fed ending QT could be a fix — though one seems far more likely than the other.
Source: housingwire.com
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MBS market imbalance fueling higher rates
GSEs buying more MBS and the Fed ending QT could be a fix — though one seems far more likely than the other.
Source: yahoo.com
Go bust vs. resurgence for IMBs
For independent mortgage bankers who survive the ongoing culling, the new normal unfolding looks much brighter, industry experts say.
Source: housingwire.com
IMBs face ripple effect from recent bank failures
The threat of warehouse-line contractions and margin calls is real for IMBs after a series of bank failures, but not a foregone conclusion, industry experts say. The threat of warehouse-line contractions and margin calls is real for IMBs after a series of bank failures, but not a foregone conclusion, industry experts say.
Source: housingwire.com
Taylor Stork
Taylor Stork is the COO of Developer’s Mortgage Co. and a member of the Community Home Lenders Association.
Source: nationalmortgagenews.com