MBS Day Ahead: October's First Message to Bonds: No Easy Victories

Posted To: MBS Commentary

Believe it or not, any given month stands a better than average chance to convey some sort of theme for bond trading. In other words, there tends to be a discernible bias higher, lower, or sideways. It's uncommon to see all 3 biases in the same month. August and September were quite clear in this regard. August was good. September was bad. Now that September is over, we're well within our rights to wonder if October will keep the bad times rolling or offer reprieve. Given that yields had been very near long-term highs and that momentum indicators suggested a potentially friendly bounce, it's fair to hope for a friendly October. Unfortunately, if the first few hours of the month are any indication, we may find life isn't always fair. The saving grace so far is that the weakness...(read more)

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MBS Day Ahead: October's First Message to Bonds: No Easy Victories

Posted To: MBS Commentary

Believe it or not, any given month stands a better than average chance to convey some sort of theme for bond trading. In other words, there tends to be a discernible bias higher, lower, or sideways. It's uncommon to see all 3 biases in the same month. August and September were quite clear in this regard. August was good. September was bad. Now that September is over, we're well within our rights to wonder if October will keep the bad times rolling or offer reprieve. Given that yields had been very near long-term highs and that momentum indicators suggested a potentially friendly bounce, it's fair to hope for a friendly October. Unfortunately, if the first few hours of the month are any indication, we may find life isn't always fair. The saving grace so far is that the weakness...(read more)

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Why "You Need 20% Down" is a Myth: The Pros and Cons of a Buying a Home with a Low Down Payment

We've all heard it before: Before you can take the leap into the housing market, you need to start saving up to make a sizable down payment. For years, putting down 20% of a home's purchase price was held up as the gold standard. While many still consider this figure to be their goal, rising housing prices are causing others to look for alternatives.

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A 198-Square-Foot Airstream Is a Minimal, Black and White Tiny Home for Four — House Call

Name: Colleen Cashio, husband, two sons, and fur baby
Location: Drasco, Arkansas
Size: 198 square feet
Years lived in: 4 months, owned

Our Airstream was a labor of love and a full renovation that took two years to finish. It is a 1972 31 footer. We dreamed of having a vintage Airstream for a few years and finally pulled the trigger on one. My husband did all the work. The shell was taken off the frame so framework/welding could be done. For now we are parked adjacent to the shop my husband is working in on another Airstream project.

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Document and Bank Statement Products; Personnel Moves; News From FHA and HUD

Posted To: Pipeline Press

Is every non-bank lender of any size looking at offshore options to save money? Perhaps, and underwriting costs and productivity are usually brought up in the conversation. It’s certainly a boon for consultants with specialized knowledge and who speak Tagalog or Hindi. And lenders ask, “If the fintech era is so revolutionary, why are lender costs up 61% since 2008?” Here are a few answers . Lender Products and Services Lendsnap is the consumer app of choice for Bank Statement lenders. Our partners close more loans faster because they automatically pull up to 24 months of original bank and investment statement PDFs. While other lenders and brokers make the customer work too hard, you will have a decisive advantage. When your customers don’t have to manually download and...(read more)

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Document and Bank Statement Products; Personnel Moves; News From FHA and HUD

Posted To: Pipeline Press

Is every non-bank lender of any size looking at offshore options to save money? Perhaps, and underwriting costs and productivity are usually brought up in the conversation. It's certainly a boon for consultants with specialized knowledge and who speak Tagalog or Hindi. And lenders ask, "If the fintech era is so revolutionary, why are lender costs up 61% since 2008?" Here are a few answers . Lender Products and Services Lendsnap is the consumer app of choice for Bank Statement lenders. Our partners close more loans faster because they automatically pull up to 24 months of original bank and investment statement PDFs. While other lenders and brokers make the customer work too hard, you will have a decisive advantage. When your customers don't have to manually download and...(read more)

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20 Grammatically-Correct Sentences You Won’t Read Right the First Time

Ever read a sentence to yourself that just doesn't seem to sound right? If so, then there's a good chance you're dealing with a "garden path" sentence, which is a sentence that is grammatically correct, but due to the way it's divided and structured, can seem ungrammatical or nonsensical.

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