Entries from July 2009

A good time to start a warehouse bank? Rates slide higher on poor auction results

July 30th, 2009 · No Comments

a-good-time-to-start-a-warehouse-bank-rates-slide-higher-on-poor-auction-results

 

Three friends from the local congregation were asked, “When you’re in your casket, and friends and congregation members are mourning over you, what would you like them to say?”
Artie said: “I would like them to say I was a wonderful husband, a fine spiritual leader, and a great family man.”
Tad commented: “I would like them [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

THE DIMINISHING VALUE OF APPRAISALS by Chris Rodriguez

July 29th, 2009 · No Comments

Today’s guest post comes from Chris Rodriguez at Retail Chatr Blog.  His thoughts on appraisals, applied to commercial real estate, also ring true in the residential appraisal space.  Thanks Chris – BC Retail News Blog put up good post this morning titled Capitalization Rates Without Market Activity which addresses the problem in [...]

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Tags: Mortgage Market

Mortgage Related: Rates, Mortgage Banking, Consumer, ABS

July 29th, 2009 · No Comments

    Mortgage rate update (3) – … As the second chart shows, the spread between 10-year Treasury yields and the yield on mortgage-backed securities is well within the range of “normal.” As the first chart shows, the spread between jumbo and conforming mortgage rates has come down [...]

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Tags: Mortgage Market

Economy related: Accounting Tussle, Russell on Dow Theory, 7 Signs of Bubbles

July 29th, 2009 · No Comments

     and  ACCOUNTING: Suspend Mark-To-Market–Now  – Brian S. Wesbury and Robert Stein -  Public policy hath no fury like a CPA scorned.  – Forbes  vsBIG DEAL:  FASB Proposes All Fair Value Accounting, Almost All the Time – By Joseph Rosta  – In a major reversal, the Financial Accounting [...]

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Tags: Mortgage Market