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.
While the news media bonfire on the recent LLPA tweak is only getting started, it's time for us to shift gears back to boring old mortgage rates (if you're not sure what that means, read my coverage of the LLPA stuff from Friday ). And while today's rate momentum was indeed boring, it was at least generally favorable for fans of low rates.
The average lender moved slightly lower in cost. The change was small enough that most borrowers will see it in the form of a modest reduction in upfront costs without any change in the quoted interest rate (relative to what the same scenario would have been quoted on Friday).
Rates dropped due to improvement in the bond market, but improvement in the bond market doesn't have a clear root cause as far as economic data or news headlines are co