Entries from December 2009

New Year’s Resolutions: “Woulda…Coulda… Shoulda” – by Shirley Clark

December 29th, 2009 · No Comments

  This is the time of year when many of us think about resolutions – of changing something in our life to make it better, happier, more prosperous.  As I watched the 1962 classic “The Music Man” this weekend, I was reminded of Thomas Jefferson’s quote, “Never put off till tomorrow what [...]

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Tags: Mortgage Market

Fast & furious investor changes; YSP & HVCC update; Florida broker applications skyrocket

December 29th, 2009 · No Comments

fast-furious-investor-changes-ysp-hvcc-update-florida-broker-applications-skyrocket

One never knows when the subject of mortgage banking will pop up – like yesterday. There I was at the Sundance Ski Resort (the one owned by “Bob” Redford) with my son. (He was there to snow board, I was there trying to figure out an opening paragraph for today’s commentary.) I had my 2008 [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

Predictions Part 2 and 2009 Lookback: Mortgage Banking, VAT, Rate Rise, Selling Treasuries, Bloggers’ Take, Surpises, 2009 Trifecta

December 28th, 2009 · 1 Comment

  2010 The year ahead: Fed Leaders Spell Out Concerns For 2010 – BY PHIL HALL -  What can the mortgage banking industry expect in the new year? According to recent speeches offered by several leaders within the Federal Reserve System, 2010 will be just as challenging as 2009 [...]

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Tags: Mortgage Market

The Garrett, Watts Report (December 28, 2009)

December 28th, 2009 · No Comments

  To Our Clients, Colleagues and Friends,  Tired of getting only 1-2% on your money in the bank?  You can buy Wells Fargo Preferred stock yielding about 7% or JP Morgan Preferred yielding about 6.8%.  Most of these issues are trading below their $25 par price (i.e. the price at which [...]

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Tags: Mortgage Market