Page 38 - Broker Software News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Are you afraid of the day that the Federal Reserve stops buying mortgage-backed securities? “Afraid” is too strong a word. (For many, this activity would define “afraid” … kids, don’t try this at home.) But the largest buyer, of Agency MBS, which now owns 30 percent of outstanding Agency securities, has now sped up the pace of stopping its program. When I worked on a trading desk, back in the Paleozoic era, the saying was, “Don’t fight the Fed.” We can fully expect tig...

California has reinstituted its mask mandate. No one is interested in living in isolation again. Remember, “Your quarantine alcoholic name is your first name followed by your last name.”? Simple. Life doesn’t have to be complicated. What are the ingredients of Frito-Lay’s Corn Chips? Corn, corn oil, and salt. But technology, and compliance, are anything but simple. If you’re not set up for a “cybersecurity audit,” you should be. Vendor management is its own discipline, but as a lender you are resp...

I work hard to live a very glamorous life. I mention this because yesterday, when I sent the Commentary out from the road at a glamorous McDonalds in Northern California (free Wi-Fi!), I noticed that the price of my usual glamorous Egg McMuffin meal (with OJ) has skyrocketed to $10.06 from $7.60 earlier this year! Not only that, but it seems that the portion size of the tasty “hashbrowns” and sandwich have dropped. At the “other end” of things, does it seem like toilet paper prices have gone up while the size of the roll has shrunk, espec...