Welcome to Nationwide Management Services, Inc.
Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
Mortgage rates began the week with a moderately big jump to what were essentially the highest levels in more than a month. Less than 24 hours later and the average lender is back to last Friday's levels. What's up with that?
Investors drive mortgage rate movement via the buying and selling of bonds. More buying = lower rates. More selling = higher rates. Investors sold bonds yesterday after First Republic Bank was absorbed by JP Morgan in process that was about as orderly as it could have been.
But rather than rest easy on the assumption that First Republic was the last of the troubled banks, financial markets attacked the stock prices of several other banks this morning, ultimately forcing a halt to trading for several of them.
Banking sector concerns lead investors t