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MBS Live Morning: Big, Ugly Morning For Bonds (And Stocks)

MBS Live Morning: Big, Ugly Morning For Bonds (And Stocks)

Life is complicated. Take the Black Knight purchase by ICE. Some vendors are out there licking their chops at their company’s valuation while others are fearing for their future as “the big boys” become formidable. Taxes? The latest headline is about how TurboTax duped consumers . (Thank you, Guy S.) Was life simpler 160 years ago? Today celebrates Mexico’s victory over France in the Battle of Puebla on May 5, 1862. It was a relatively minor battle (and the French reclaimed Puebla a year later) but a symbolic one because a small Mexican army defeated a larger occupying force. By 1867, Mexican troops had driven France from the country. Mexico is just one of twenty Hispanic countries, and lenders know that the rise in overall Hispanic home ownership in recent years played out in fir
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