FHA, VA, IRS, and Renegotiation Policy Changes; Upcoming Training and Events

Posted To: Pipeline Press

The capital markets are always changing, and the latest news to turn some heads is that JPMorgan Chase is streamlining its operations and will no longer settle Treasury trades for most dealers by the end of 2017. SIFMA data show that more than $500 billion of Treasury securities were traded on average daily in the first half of this year. To keep things in perspective, since that is always a good thing, foreign exchange clocks in at over $5 trillion a day. The New York Stock Exchange, on the other hand, although it garners more press and publicity only weighs in at about $50 billion a day. And as we know, the biggest buyer of agency MBS is the NY Federal Reserve at $2-3 billion a day. Jumbo, FHA, VA, and USDA updates from the government and lenders? Of course there are! FHA published Issue...(read more)

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