European markets take a dive overnight after a higher-than-expected inflation report in the UK, new home sales unexpectedly jump to a 12-month high in April, and a Twitter pundit claims NINJA loans are coming back despite the fact that her example is not a NINJA loan...

• European markets are getting hammered this morning after UK inflation report
• New home sales jump to a 12-month high
• The NINJA loan that's not a NINJA loan

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201