Second liens appear on 16% of U.S. mortgages
Agency MBS investors have had limited information about primary loans coexisting with home equity products, and may want to get more now, according to Experian.
CrossCountry Mortgage launches dedicated builder division amid new-home surge
CrossCountry Mortgage (CCM) has launched a dedicated homebuilder division and made a “significant investment” in the new unit as it targets more business from builders and consumer buyers, the company announced Wednesday. The Cleveland-based lender said the expansion is meant to deepen relationships
General Selling Spree Continues
General Selling Spree Continues It hasn't exactly been perfectly linear, but the month of March has generally been a one-way trade for the bond market. In less than 2 weeks, 10yr yields are up from 3.95 to 4.22+ without any provocation from econ data. Today was another example as CPI came in right i

Pamela Heman
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