Treasuries Plunge, Led by 30-Year Bonds, as Debt Auctions Loom – Dakin Campbell – Treasuries fell, with 30-year bonds losing the most this week in 22 years, as the U.S. readied $78 billion in debt sales over the next five days to finance fiscal stimulus spending projected to swell the deficit to $1 trillion. – [...]
Entries from January 2009
MortgageNewsClips: Treasuries Plunge, Fair-Value Section, Small Banks, Next Bailout, Alt-A Wild Card, MBS Purchase – Yes & No, Second Scandal, FHLBs, FN Layoffs, Cram Downs = Downgrades
January 25th, 2009 · No Comments
Tags: Commentary · Mortgage Market
Video: I Want Some TARP – by Bill Zucker
January 24th, 2009 · No Comments
This was shown on CNBC and Fox Business News.
Thanks to CR at Calculated Risk for hat tip.
Tags: Mortgage Market
MortgageNewsClips: Feng Shui, Hudson City, Vernon Hill, Parsons at Citi, Bailout Chart, 99 Days, Peter Miller on Dow, Loan Mod Alternative, Liquidity vs Solvency, Deflation, 3.99% at Toll Bros., Trouble Ahead, RBS, HPI, Dissecting Foreclosure. TARP to Common, Martin Sosnoff
January 24th, 2009 · No Comments
Attention Options Traders … Sell Volatility Now! – Feng shui masters see calmer markets in Year of the Ox -… “This year of the Ox is an ‘earth’ year, when people will take a breather and reflect on what they should do after a turbulent 2008,” said Hong Kong feng shui master Raymond Lo. … [...]
Tags: Mortgage Market
Fun with pricing mortgages, Fannie versus Freddie, the Fed, and the Fannie Gold Book
January 23rd, 2009 · No Comments
So your Secondary department is getting heat from the brokers or agents about pricing. And your Secondary staff says, in addition to the profit margins the owners want, there is the spread between best efforts and mandatory loan sales that investors are charging. “Well over a point, maybe even two points now,” they claim, “that’s [...]
Tags: Commentary · Mortgage Market · Rob Chrisman




