For many people, Friday means tying up loose ends, clearing inboxes, and trying to wrap up the week.

I’ve been a banking executive, real estate investor, and lender for nearly 35 years now and I know how hard it is to get good info on the markets. That’s why I enjoy logging on to BP. There are a lot of perspectives a...

Come out to a local meetup in Springdale Friday! 

Thanks and happy Friday! 

Sonja,Reach out to me Friday or over the weekend via email or check out my profile and give me a call. 

Mortgage pricing, therefore, isn’t on a one-way path lower—since Friday’s payroll-induced bond rally, we’ve seen broad repricing of both risk and duration across the industry.Servicing valuations have dropped meaningfully, as portfolio managers brace for a potential wave of payoffs driven by refinancing activity.

Fridays?

.📅 Coming Up This Week• Job openings (Wednesday)• ADP payrolls + Jobless claims (Thursday)• August Jobs Report (Friday)Catch you next week,Derek Brickley#LoansbyDB

💸I greenlight the repair.Come Friday morning, the plumbers show up ready to go, but they need the city to shut off water at the street.Surprise: the city had paved over the shut-off access point during a prior project.So now a city crew has to come out and dig 6 feet deep just to reach the line.Fast-forward to late Friday… job’s done, water is finally back on, tenants are relieved — and I’m out 11 grand.👉 Lessons learned:•Always verify if individual unit shut-offs exist when buying a building•Set aside reserves for unexpected infrastructure surprises•Delivering water and communicating quickly with tenants goes a long way during chaosLandlord life isn't always fun - be ready.

What it is: Live-testing a prototype of a potential product our team has been working on in exchange for a $50 Amazon gift card.How it works: We’ll schedule a one-hour video call, where you’ll go through the prototype, share your honest reactions, and answer some specific questions.If you’re interested and available on either 9/10 (Wednesday), 9/11 (Thursday), or 9/12 (Friday), please start by filling out our quick screener survey here.