Entries from April 2010

Why this day is important for originators; News from Fifth Third; USDA update; Carry Trade primer

April 30th, 2010 · No Comments

why-this-day-is-important-for-originators-news-from-fifth-third-usda-update-carry-trade-primer

 

 

It is the last day of April already, and the Kentucky Derby is tomorrow? Time flies! For many in the mortgage business, May brings the upcoming National Secondary Conference (in New York this year). Of course, as the number of investors has diminished in recent years, Secondary Marketing folks tend to scramble a little harder [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

Housing and Mortgages: Home Ownership, Gone Mad, HPI Increases, Indices Primer, Rating Agencies, Reverse Mortgages, FHA Restrictions

April 29th, 2010 · No Comments

  Homeownership Falls to Ten-Year Low, That’s Good – Mark Perry – … : Our political infatuation with homeownership turned thousands of good renters into bad homeowners and consequently turned the “American Dream” into an “American Nightmare” for many Americans. The fact that many homeowners are [...]

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Tags: Mortgage Market

Rates and Markets: VXX Opportunity, Buy Commodities?, Zero Rates, Iran Gas Sanctions

April 29th, 2010 · No Comments

  VXX Opportunity: Reversion to the Mean – The nice attribute of volatility is that it is mean reverting. As I have stated many times, volatility is unlike other asset classes because it does have a predictable nature to it.  … but I do not believe [...]

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Tags: Mortgage Market

Economic: Michigan Snapping Back, Jobless Recovery, Deflation, Peaking Out, Oil Dependency, Consumer Confidence

April 29th, 2010 · No Comments

  Square Root Jobless Recovery – Doug Galland -  … First comes the economic downturn, then the official “recession” moniker is bestowed, followed by endless debate on the alphabet soup of recovery possibilities: will it be “V” shaped or “W,” or “L,” or “U?” Recently the [...]

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Tags: Mortgage Market