Entries from January 2010

Mortgage Related: Due Diligence 2.0, Housing Prices, Mortgage Assignments, Deficiency Judgments, Phoenix, Negative Convexity, Servicing Performance, Delinquencies, Forensic DD, Shadow Inventories, 5 more

January 31st, 2010 · 1 Comment

  new product soon? – The New RMBS Investor Meets Due Diligence 2.0 – by JACOB GAFFNEY – … Sue Allon of risk manger Allonhill is honest when she says she now believes the first RMBS may not be as red hot as we all hope. She’s [...]

[Read more →]

Tags: Mortgage Market

Interesting Stuff: Info Overload, 20 Passwords, Bye QE, Ring of Fire, Genetic Testing Chips

January 30th, 2010 · No Comments

  Interesting weekend reading.     quite interesting – Information Overload – By piedmonthudson – This fabulous simple graphic from Jessica Hagy, courtesy of http://flowingdata.com, has initiated some very interesting discussion, both serious and humorous.  First, yours truly attempted some further illustration and logical discussion. [...]

[Read more →]

Tags: Mortgage Market

The Garrett, Watts Report (January 29, 2010)

January 29th, 2010 · No Comments

the-garrett-watts-report-january-29-2010

To Our Clients, Colleagues and Friends,

Lots of mortgage bankers talk about buying a bank, but aside from this writer, very few have ever done it.   So a huge round of applause to Rob Hirt , owner of RPM Mortgage, for closing on his purchase of Darien Rowayton Bank in Darien, Ct.  We advised RPM on [...]

[Read more →]

Tags: Commentary · Garrett Watts · Mortgage Market

Freddie’s Condo Guidelines; AVMs & Mortgage Banking; Jawboning on the End of the Mortgage Purchase Program

January 29th, 2010 · No Comments

freddies-condo-guidelines-avms-mortgage-banking-jawboning-on-the-end-of-the-mortgage-purchase-program

“Free advice is well worth the price.” Keep that in mind the next time you ask someone in Secondary Marketing if you should lock today or wait.

Freddie Mac announced a change to their condo policy for loans with application dates on or after February 1. Companies who sell to Freddie “may only use FHA condominium [...]

[Read more →]

Tags: Commentary · Mortgage Market · Rob Chrisman