Entries from February 2010

Economic: Inflation, UK Lose AAA?, Fundamentals, Durable Goods, Comstock on Deflation, Doomsday Cycle, MS on Tightening

February 27th, 2010 · No Comments

    The International Monetary Fund Calls for Higher Inflation – Paco Ahlgren – When the IMF starts screaming for higher inflation, you know the movement is afoot. Don’t worry IMF! Ben and Barack have committed $24 trillion to this crisis. You’re going to get your inflation. Don’t [...]

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Tags: Mortgage Market

Why the aggressive pricing? Jumbo loan news, FDIC providing services; GFE advice from Wells

February 26th, 2010 · No Comments

why-the-aggressive-pricing-jumbo-loan-news-fdic-providing-services-gfe-advice-from-wells

 

 

“Talk is cheap, because supply always exceeds demand”.

For the week that just ended for the Fed, their MBS purchases totaled $17.6 billion, and they sold $6.6 billion, netting out that magical $11 billion weekly total. They are right on target to end this in about a month. After March 31st, the program ceases. People will [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

The Garrett, Watts Report (February 25, 2010)

February 26th, 2010 · No Comments

the-garrett-watts-report-february-25-2010

 

To Our Clients, Colleagues and Friends,  

Corky and I were Compass Analytics users for years back when it was called Tuttle & Co., and as great a hedging advisor as it was then, it may even be better today.  One of the many things they track for clients is the spread between best efforts and mandatory [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

Mortgage Related: Connecticut Gift, Short Sales, Option Arms, CMBS Delinquencies, Tight Mortgage Spreads, Jumbo Thaw

February 25th, 2010 · No Comments

    In Connecticut, How to Win Votes and Influence People – by PAUL JACKSON -  Do you live in Connecticut? Has your home been foreclosed upon, but you want to stay there for a little while longer? For free? Then Connecticut Attorney General Richard Blumenthal has the [...]

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Tags: Mortgage Market