MBS RECAP: Strong Move in Treasuries But MBS Underperform (Significantly)

Posted To: MBS Commentary

Strong Move in Treasuries But MBS Underperform (Significantly) While much of the world of finance and institutional investment seemed to be preoccupied with day trading some truly epic ridiculousness via Game Stop, the bond market was doing a few interesting things of its own. Treasuries jumped out to an early lead with help from Europe, but several big trades helped yields move even lower after the 10yr broke an important floor at 1.075%. MBS had a completely different day with a significant amount of underperformance during and after the Fed's final buying operation of the day. At 4pm, UMBS 1.5 coupons were roughly unchanged on the day while 10yr Treasuries were nearly 5bps lower in yield! Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am (M-F) and 1pm (T-Th) Market Movement…(read more)

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Today’s mortgage rates creep lower | January 4, 2021 – Fox Business

Today’s mortgage rates creep lower | January 4, 2021  Fox Business

Allied Mortgage Review: A Philly-Based Lender Around Since the 90s

Today we’ll deep dive into “Allied Mortgage Group,” an East Coast lender founded in the 1990s that is “built on integrity, reputation, and commitment.” They believe they’re a good choice for prospective home buyers and existing homeowners because of their streamlined loan process, years of expertise, and excellent customer service. Additionally, the company boasts a [&hellip

The post Allied Mortgage Review: A Philly-Based Lender Around Since the 90s first appeared on The Truth About Mortgage.

SitusAMC acquires Assimilate Solutions

Technology firm SitusAMC announced its acquisition of mortgage and title outsourcer Assimilate Solutions on Monday – it’s second acquisition in January.

The post SitusAMC acquires Assimilate Solutions appeared first on HousingWire.

Understanding What to Do with Unfiled Tax Returns

The IRS has taken down Al Capone, Wesley Snipes, Martha Stewart and other big names in the past for tax fraud. The federal government takes taxes very seriously. Not filing your tax returns is a serious offense. Although there won’t be a nationwide manhunt for late returns, you may still see some hefty fines and… Read More

The post Understanding What to Do with Unfiled Tax Returns appeared first on Credit.com.

Family removed from flight after 2-year-old wouldn’t wear a mask — here’s how to avoid that happening to you

A health coach recently posted on social media about her experience being removed from a United Airlines flight from Denver to Newark because her two-year-old daughter wouldn’t wear a mask. From where the video posted to Instagram starts, you can see attempts the parents make to have the little one put a mask on to …

Lessons Learned from 6 Years Without a Car – MintLife Blog

If you’ve ever considered going car-free, I’m here to tell you to take the plunge. Over the last 6 years I’ve lived in 3 different cities, sans car (much to my suburban mother’s amazement). I got rid of my car… Full Story