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Friday, July 10, 2020   /   by Erik Bjorklund

Biggest Drop yet in Forbearances Brings us Back to April's Levels

Black Knight's weekly report on the numbers of
mortgage loans in COVID-19 forbearance plans shows that a decline in those
numbers of nearly a half million last week. More than 435,000 homeowners exited
the plans, the largest drop yet. As of July 7, 4.14 million homeowners were in the
plans which allow them to skip or reduce their mortgage payments if they are
suffering financial problems due to the pandemic. This represents 7.8 percent of
mortgage lenders and just under $900 billion in unpaid principal. This is the
smallest number of plans since April 28. Some 6.0
percent of all GSE-backed loans, 1,678,000 in number,
and 11.6 percent of all FHA/VA loans (1,399,000)
are currently in forbearance plans. Another 1,067,000
or 8.2 percent of loans in private label securities or banks' portfolios
are included in the total.
 ...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.Fidelity Home Group | Mortgage Ne ...

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Friday, July 10, 2020   /   by Erik Bjorklund

MBS Day Ahead: Bonds' Already Hitting The Floor of The New Trend

Trend channels in financial markets are some of the most basic forms of analysis.  They consist of lines drawn along the highs and lows of a charted security.  When parallel lines can be drawn that connect more than a few highs and lows, you have a trend channel!  It's even acceptable for the security to break outside the lines here and there if they are still capturing a majority of the bounces.  The goal of a trend channel is right in the name: we're trying to capture a general trend that speaks to the pace of improvement or deterioration in any given security.......(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.Fidelity Home Group | Mortgage News | Mortgage Rates

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Friday, July 10, 2020   /   by Erik Bjorklund

WUCF launches 'Pivoted' podcast to spotlight the challenges local musicians are facing during the pandemic

WUCF on Thursday announced the launch of a new podcast, "Pivoted," that will feature conversations with local musicians as they adjust to the strange and difficult reality of being a working musician during the coronavirus pandemic.

Kendra Weaver is the producer and host of the podcast, and the guest list is a pretty eclectic group of music lifers, including Jeff Rupert, Carol Stein, Benoit Glazer, and Sisaundra Lewis.

Local musicians are in a tough spot right now. Live music is basically over for the foreseeable future, studio recording is a logistical nightmare, music lessons and instruction are transitioning to the virtual realm … there will certainly be a lot of ground to cover in these conversations.

WUCF has already posted up two episodes of "Pivoted" online with Carol Stein and Jeff Rupert for immediate listening, and a new episode will be made available every Thursday running for the next six weeks.

… Fidelity Home Group | Orlando Mortgage Company | Flori ...

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Friday, July 10, 2020   /   by Erik Bjorklund

Photo Update: Jurassic Park ‘Velocicoaster’ tops off highest point

The construction on the rumored “Velocicoaster” roller coaster is moving along fast. Just a few weeks ago, we were checking out other milestones, and now the highest point of the coaster is complete. Universal Orlando has marked this momentous occasion with a Jurassic logo flag.




This top-hat maneuver has been a talking point since the coaster name was first leaked. Now, with this portion complete, the coaster is one step closer to opening.




Seen here, the top-hat is a major part of this attraction. We currently do not know the exact height of the top-hat, but we can easily say that it is one of the tallest attractions at Universal Orlando Resort.




But, just because it is the tallest point of the attraction, that doesn’t necessarily mean it is the most intense portion. This coaster will feature sharp turns, drastic maneuvers, and multiple inversions.




Another widely talked-about portion of the ride is the heartline roll. This maneuver is near the end of the attraction and w ...

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