The Tulsa, Oklahoma-based bank expects the pace of loan growth to quicken this year, driven in part by its nine-month-old warehouse lending business.

Rates actually declined or remained flat over a two-year period in 15 states, including Florida, with natural disasters and tariffs affecting 2026’s movements.

Founding partner Bob Lyons will help ensure continuity. Frank Pallotta and Kathleen Koprowski will lead an advisory board for the auditing and consulting firm.

While FHFA reported a year-over-year increase in national home values in November, the Case-Shiller HPI saw flat annual growth as well as monthly decreases.

Treasury yields are stuck, but gold and the dollar are flashing unusual signals that could push rates after the FOMC, according to the CEO of IF Securities.

Gradual Weakness After AM Gains

Bonds began the day in weaker territory, but logged some solid gains in the first few hours. A small portion of the improvement could be arguably linked to the lowest Consumer Confidence reading since 2014 and the lowest “labor differential” of the present cycle (labor differential measures the spread between those who say there ample jobs available vs those who say jobs are hard to find). Shortly thereafter, yields began drifting higher. There was a barely noticeable bump toward weaker levels after a lackluster 5yr Treasury auction, but it could barely be distinguished from the typical random drift. 10yr yields refused to re-enter the sub-4.20% range. The Fed is on deck tomorrow, although with less than the normal amount of volatility potential (no dot plot, and near-zero odds of a rate cut or other policy shift).

Econ Data / Events

ADP Employment Change Weekly

7.75K vs 8.0K prev

consumer confidence

84.5  vs 90.9 f’cast, 94.2 prev

Labor Differential (jobs plentiful vs jobs scarce)

3.1 vs 5.9 prev
new cycle low

Market Movement Recap

08:15 AM Moderately weaker overnight with 10yr up 2bps at 4.233.  MBS are outperforming along with the shorter end of the yield curve. 5.0 coupons are starting out just 1 tick (.03) weaker.

12:53 PM Decent recovery in the 9am hour and flat since then. MBS up 3 ticks (.09) and 10yr up less than half a bp at 4.217

03:23 PM Off best levels, but gently.  MBS still up 1 tick (.03) and 10yr up 1.6bps at 4.229

The regulator, in an audit with the Department of Homeland Security, found almost 6,000 ineligible non-American tenants in the units it supports.

The $69 billion sale of two-year notes was awarded at 3.580%, more than a basis point below its yield at the bidding deadline.

The government mortgage securitization guarantor flagged the goal back during the first Trump administration, warning then that it would be a long-term project.

A record amount of equity is now held by property owners 62 and older, with a growing share transferring homes to their heirs and not putting them up for sale.