What’s up in Mortgage Today – 2.27.23
Monday - February 27, 2023 MBS up 13 bps early on the day. Durable goods orders fell 4.5% in January, according to the Census Bureau. Excluding transportation, durable goods orders rose 0.7%. Core [...]
Jocko Monday 6
Remain Vigilant It wasn't in war. It wasn't in battle. It isn't in the melee of fire and destruction that most of us succumb to weakness. We are [...]
Mortgage Market Week in Review – Week of 2.21.23
Monday - February 20, 2023 - Presidents Day from “Discipline Equals Freedom” by Jocko Willink Your life is EVERY DAY. This isn't a part-time gig! This isn’t punch the clock and go home for the [...]
What’s up in Mortgage Today – 2.24.23
Sorry everyone - I think I jinxed us. After 2 days of being sarcastic about opening to gains - we are opening to a loss in about the amount of both gains. My [...]
What’s up in Mortgage Today – 2.23.23
Wow, green numbers 2 days in a row. We are going to get spoiled MBS up 13 bps on the open. Improved 8 while writing morning post Bonds were modestly weaker overnight, but [...]
The process of converting a normal everyday civilian into a customer is not 1 or 2 steps.
Reading Notes for: The process of converting a normal everyday civilian into a customer is not 1 or 2 steps. It is a process. You must get their attention. It all [...]
What’s up in Mortgage Today – 2.22.23
UMBS woke up on the positive side of the bed - for once. 5.5 coupon is up 17 bps on the day. Bonds began the overnight session with a small, friendly correction in [...]
I hope to hell this is eventually true
Then from Chris Williamson @ Modern Wisdom Podcast Consider this. What pains can you deal with more easily than everyone else? This is a more realistic version of “find what feels [...]