How Does The CFPB Do It?

Okay, on to Christmas, and all the fluff stories about "Home Alone" being 25 years old. 25 years seems to have gone by pretty fast. For those who like these things, and want to be assured that Are there any upcoming events & training sessions? You bet there are.

Impac Mortgage Wholesale has added four more December dates to its review webinar of TRID Process and Procedure. Available dates are as follows: Thursday, December 3 at 10 AM PST, Tuesday, December 8 at 3 PM PST, Wednesday, December 16 at 10 AM PST, and Monday, December 21 at 3 PM PST. Each meeting has a limited number of participants so call in early, use this link to join the meeting.

MBA's "Leveraging GSE Loan Level Data Webinar Series" starts December 3^rd The loan-level data published by Freddie Mac and Fannie Mae, as well as an overview of the GSE risk share opportunities and performance comprises this series.

AllRegs is offering up several online course available in early 2016: Fundamentals of FHA Underwriting - begins January 5; Appraisal Review - The Framework - begins January 5; Intermediate FHA Underwriting - begins January 6; Quality Control - Loan File Review - begins January 6; Underwriting VA Loans - begins January 7; USDA Rural Housing Loans - begins January 7.

Yes, the stock and bond markets were open Friday, but both ended mixed and little changed. There was no substantive news from the United States or overseas. One thing continues to draw attention, however: the continued fall in oil prices. Crude oil has dropped below $42/barrel, so watch for that to garner some interest especially as OPEC (remember it?) has a meeting on Friday.

It's a new week with new news. Today is Pending Home Sales & the Chicago PMI, and the IMF will decide on whether China's currency will be included in its Special Drawing Rights basket. There are several speaking engagements by Fed Chair Yellen as well as several national bank meetings. And don't forget the November employment numbers on Friday. We closed the 10-year Friday at 2.22% (yes, a FOMC short term rate raise is pretty well baked into that yield) and this morning we're at 2.23% and agency MBS prices are worse a smidge.