12-13

A Dose of Wisdom

"Always take some of the play, fun, freedom, and wonder of the weekend into your week and your work." – Rasheed Ogunlarus

The First Hit

Well...the weekend is here......it's been a bit of a firehose this last week. I LOVE it!!

From Internet sites and Intranet sites to Sharepoint, LOS systems, reports, dashboard, business cards, benefit selections, user names, passwords, teams meetings etc., it has been exciting...invigorating to have something to focus on moving forward. I really can't wait to run full speed! A LOT more about CNC and our Smart Buy program in the weeks ahead! I FOUGHT to get our programs added at my last employer...for a lot of reasons....I think you need them too!!!

National Association of Realtors 2025 Forecast - "With increasing supply in the market, normalizing mortgage rates, and pent-up demand, we expect home sales to increase by double digits in 2025."

National Association of Realtors - Housing Hot Spots

Outlook for Growth in the 2025 Real Estate Market - Altos

MBA Proposes Ginnie Mae Early-Buyout Securitization to Improve Issuer Liquidity -

Highlights of the Proposal:?

• Creation of a Ginnie Mae-Wrapped EBO Security: This new security enables issuers to stop Ginnie Mae advancing obligations by pooling non-performing loans into EBO securities.?The EBO security can be sold to investors; IMB servicers do not have to hold the loans on their balance sheet for extended periods.?

• Enhanced Marketplace Participation: The proposed security improves financing options within the Ginnie Mae space, encouraging investment in the program, particularly by certain warehouse lenders.??

• Direct Benefits to Consumers: The strategy ultimately reduces financing costs for FHA, VA, and USDA borrowers, supporting MBA’s mission to promote affordable homeownership and sustain the housing finance system for underserved borrowers.?

Controlled Market Substance

10 Year Yield - FOMC Week next week. That's really all you need to know. We'll get retail sales in advance of the Fed's decision, but all eyes will be on the Fed, what they decide to do with rates, and what Jerome has to say at his press conference.........

Have a GREAT day!!!!