Yesterday, the leader of the free world did what he tends to so often… talk. However, what he said (meeting with North Korea probably won’t happen and that he’s not satisfied with the latest trade talks with China) helped the mortgage industry by driving investors to safer assets (U.S. Government Bonds) thus driving the 10-yr Treasury down 5 basis points from 3.125% to 3.012%. It’s not a significant drop, but it’s something… it’ll probably be all for not though, as the Fed wi

Photo by Caley Dimmock on Unsplash As you know by now, the HMDA data collection update has been a major talking point throughout the industry. If you’re not sure what I’m talking about, HousingWire put out a nice mini-series of articles explaining what’s changing and answering all your questions. Lenders and loan originators have been gearing up to meet the new reporting requirements that are set to go into effect starting next month to avoid the expected heavy fines that wou