Good morning Basis Pointers, hope your week is going great. ? ?
Today I make key Points about new Federal mortgage fees. Not to add noise, but to correct blatant fee vs. rate errors. Almost everyone is wrong on these nuances, and
only one source is right in the end. Period.
Robyn also has a hilarious/terrifying piece about a new Ford auto-repossession patent. She and Dennis don't just have artwork you see below, there's more in this piece about the
dark side of smart cars and homes.
And two more quick hits:
(1) Friend of TBP and renowned NYC appraiser Jonathan Miller updates his annual intel on how much
Wall Street bonuses impact NYC housing.
(2) Reuters has a great regional bank health check, with
4Q to 1Q deposit losses for 15 banks all in one chart.
Enjoy the day, and please keep your intel coming. We got lots of smart notes on our
state of jumbo mortgage post yesterday. Will do a follow up on that soon.
Julian