To Our Clients, Colleagues and Friends,

When I got out of grad school in the mid-70’s, there were something like 5,000 S&L’s. In 1989 there were still over 3,500 and as recently as 1995 there were 1,650.  Last we looked, there were about 750.  Someone can now write the Requiem for an Industry as the [...]

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  CHART OF THE DAY: Uh-Oh, The U.S. Should Have Seen A Huge Rebound In Employment By Now – Vincent Fernando, CFA and Kamelia Angelova – Clusterstock at Business Insider ———— “Extended Period?” – Bob Eisenbeis -  How Long Is [...]

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Written by David Lykken, Managing Partner of Mortgage Banking Solutions.

I just returned from the MBA’s National Secondary Conference in NYC and this topic was discussed at length.  Amongst those I spoke with and conversations I overheard, opinions vary.  The “free market” folks want Fannie and Freddie completely privatized while others just want things to [...]

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Ninety five percent of my news comes from either People Magazine (”Sandra Bullock & Jesse James Split”) or FHFA (”FHFA, Fannie Mae, and Freddie Mac Announce Uniform Mortgage Data Program”) – whichever attracts my attention at 4AM. Given that this is a serious mortgage publication, emphasis is put on agency news of course (Sandra, I [...]

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