Mortgage Blog

It was a wonderful last week. I went to a few Napa Wineries with my high school best friend, then went to Yosemite's Vernal Falls. Very productive two day trips, and then hiked from Land's Ends in San Francisco to Golden Gate bridge and turned around the north end of the bridge. Hiked for a total of 14 miles.

Started training this morning. I ran 6 sets of 3 minutes at half marathon pace with 2 minutes jogging in between. I did not run too fast, I think I still need a little bit more time to recover from the sickness and the marathon race one week before.

 Now back to the industry news:
1)Wells Fargo sold 52 Braches and Loans to Flagstar. Not sure why Wells Fargo tried to sell branches. It is still the largest home loan lender in USA

2)Some mortgage companies started layoff people to brace for an industry slowdown.

3)Market confidence strongest in the South(but where is the south states)? 

40Tax reform concern highest in the west(We California know that)