May MBS, Jumbo and Non-QM Liquidity Update
Jason Obradovich, CIO of Capital Markets for New American Funding is back with today's #MortgageRundown. Watch the full video now to understand the current market.
- May 14, 2020
- Mortgage News
Jason has 23 years of executive experience and expertise in the mortgage industry, developing and managing Capital Markets for financial institutions. He's held positions as Chief Investment Officer, EVP Capital Markets, EVP Financial Strategies and other similar roles for Kinecta Federal Credit Union, Countrywide/Bank of America and New American Funding.
Currently, he is responsible for managing pricing, trading, hedging, investor relationships, warehouse financing, MSR management, liquidity, etc. Jason also authors the Housing Market Update, a regular feature on the New American Funding blog which gives depth and perspective to today's economic news. Jason attended the University of California where he received a BA in Economics and is a member of several prominent mortgage industry trade organizations.
Jason Obradovich, CIO of Capital Markets for New American Funding is back with today's #MortgageRundown. Watch the full video now to understand the current market.
The state of the market over the past 30 days has been quite chaotic, join in now to learn what has really been going on.
No doubt by now you’ve heard of the major disruptions in the financial markets in the past two weeks. With the Fed Funds overnight rate near zero percent, there has been a lot of confusion around the level of mortgage rates.
In recent days, we've seen volatility in both the stock and bond markets. Treasury and mortgage rates saw all-time lows and stock price volatility hit all-time highs. What does this all mean?
Due to the coronavirus and its impact on the economy, the mortgage industry is experiencing historic low-interest rates.
Welcome back to the Mortgage Rundown. Today we are going to talk about what’s happening in the capital markets.
After interest rates dropped 125bps from high to low in 2019, what will 2020 hold? Let's check in!
The year went from one of expectations of potentially higher rates to one with near record-low interest rates.
With the Fed lowering interest rates again, there’s plenty to be excited about and to watch for.
Globally there is pressure on rates to move lower in a strong economy. Watch and learn more.