Brian Benjamin of Two Rivers Mortgage & Investment in Red Bank, NJ, noted that since the bond market rally in late December, “I’ve seen a pickup in calls, but refis are still dead.”
Usually, Texas Capital doesn’t talk about its warehouse business, but EVP Jack Nunnery recently opened up a bit about what other warehouse lenders are saying…
MBA CEO Bob Broeksmit: “We have made our concerns known to Treasury and request that IRS employees performing this vital work be deemed essential so loan closings can continue without further interruption.”