evan@evanhitch.com

Bonds Finally Trade Something Other Than The War

Similar Volatility But in a Friendlier Direction The bond market saw a roughly identical amount of volatility on each of the last 2 days of the week, but Friday’s version played out in a friendlier direction. Headlines suggested improved prospects of peace negotiations over the weekend. While there is no scheduled talk with the US […]

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Strong Purchase Demand Drives Solid Week For Mortgage Applications

Mortgage applications surged last week, posting a strong rebound as declining rates and improving market sentiment drove broad-based gains. The Mortgage Bankers Association (MBA) reported a 7.9% increase on a seasonally adjusted basis for the week ending April 17. Both refinance and purchase activity contributed to the increase, with the Refinance Index rising 6% from

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Retention, HELOC, Digitization, Secondary Platform, CRA Products; Lottery Psychology; FHA Delinquencies

Lender and Broker Products and Services Two established names in mortgage verification. One national CRA built to serve how lenders actually operate. Advantage Partners Solutions brings together the experience of Advantage Credit and Partners Credit and Verification Solutions into a single, unified partnership. Here’s how it works: clients access credit reporting through Credit Interlink, our

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Volatility Picked Up Despite Lackluster News Quality

Volatility Picked Up Despite Lackluster News Quality It’s not exactly a new problem, but the issue of incorrect or misconstrued headlines is growing larger as the Iran war persists. It makes sense considering the current lull in both military and diplomatic developments. People who write and profit from breaking newswires are eager to cash in

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Mortgage Rates Hold Steady For Most Lenders

Thursday saw a continuation of the recent trend of very low volatility for mortgage rates. The average lender’s top-tier 30yr fixed rates were perfectly unchanged from yesterday and in the same narrow range as the past 7 business days (6.29-6.33%).  Despite the uneventful outcome, there was some underlying market volatility mid-day following a series of

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Specialty AI, Pooling, Correspondent Products; Lender Responsibility Opinion; Webcast Shows Incoming

After over 40 years in this industry and capital markets, I’ve learned that the best conversations are… with people. For example, a flyer could have been sent out yesterday instead of having a press conference to cover the VantageScore & FICO 10T news, but they chose to talk about it rather than tweet it. People!

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