A major data issue in the mortgage market.

The yield curve (2-year to 10-year interest rates) just resurfaced from its longest inversion in history.

A huge thank you, to those that have trusted us with their capital and partnership over the last ten years.

Meeting liabilities, reducing risk.

Rates have dropped precipitously across the board from the start of the year by 145 basis points (“bps”) on the short end to 90 bps on the long end.