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BBYS, HELOC Processing Products; In-Person Events Through Year End; Population Shifts Matter

This year, “Bring a Kid to Work Day” is April 23. The name seems to have shifted: I remember “Bring Your Child to Work Day.” The population of the United States also shifts, something that lenders and originators are very aware of in the primary markets, and should be aware of in the secondary marke
Increasing non-qualified mortgage delinquencies remain within bounds

Losses stemming from the 2022 vintage have been offset by excess spread, while cure and roll rates signal caution.
Roughly Unchanged as Holiday Effect Persists

Much of the international trading community remains on holiday today, making for lower volume and liquidity in the US. Bonds have managed to mostly shrug off Friday's stronger jobs report--a fact that we'd attribute mainly to the focus on the unemployment rate over the balmy payroll count. Additiona
Pamela Heman

Pamela Heman

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