The mortgage industry has been drastically affected by the coronavirus, as have many other industries throughout the world. In order to gain a perspective on all the volatility in the mortgage markets we thought we’d bring Matt Graham in to provide his insights.
Want to know more about Matt Graham?
Matt began as an originator in 2002. He fell in love with the idea of following MBS in real time, but felt that existing products were only scratching the surface. Thus was born MBS Live in 2007, a first-of-its-kind platform with real-time market data/analysis, and live chat with analysts, traders, and originators around the country.
He’s been covering bond/mortgage markets, writing commentary, alerts, and chatting with live community every business hour of every business day ever since.
Matt also serves as the Chief of Operations for mortgagenewsdaily.com where he is one of the industry’s most respected mortgage rate experts, frequently quoted in the media. MortgageNewsDaily’s rate index is used as the definitive resource on day-to-day mortgage rate averages.
He lives in the Pacific Northwest with his wife and son where he enjoys skiing, fishing, coaching youth sports, playing the guitar, and more DIY projects/hobbies than he’d care to admit.
Topics covered in this Interview:
- Massive volatility. Margin call angst.
- No servicer backstop in CARES Act, servicer angst.
- The “spread” environment is like nothing we’ve ever seen. Very different from the financial crisis.
- What will make it better?
- Live market data is just the beginning, benefits of a live community.