Entries from May 2010

Senate’s impact on mortgages; USDA update; Rates screaming but do borrowers or properties qualify?

May 21st, 2010 · No Comments

senates-impact-on-mortgages-usda-update-rates-screaming-but-do-borrowers-or-properties-qualify

 

 

Here’s a trick question, can you rearrange the seven letters in “new door” to form one word? Well, everyone can, they have the same letters: “new door” and “one word”!
Sometimes things are simpler than they seem, other times not. For example, China’s consumer spending grew at an 8% rate for the last 10 years. But [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

Mortgages/Housing: Paul Jackson, Condo Vultures, Index Hi, CMBS, House Prices, GSEs, HAMP Cancellations, Ocwen, Bad Re-Remics, Home Builder Fade

May 20th, 2010 · No Comments

    YOU MUST READ THIS: The Statistic Behind a Mortgage Meltdown – by PAUL JACKSON – Whether you know it or not, you’re looking at a formula that set Wall Street – and global investors, too – up for one of the single largest financial asset bubbles [...]

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Tags: Mortgage Market

Economy and Economics: Inflation, Small Businesses, Rapid Recovery, Demographics, Low Rates Required

May 20th, 2010 · No Comments

  CHART OF THE DAY: Inflationistas On Life Support – Vincent Fernando, CFA and Kamelia Angelova -  It’s getting pretty hard to argue that America is at risk of high inflation, especially after today’s April consumer price data – Clusterstock at Business Insider ———— [...]

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Tags: Mortgage Market

One in Ten Mortgage Borrowers Will Lose Their Home To The Bank – by Michael David White

May 20th, 2010 · No Comments

      New Observations is forecasting that a minimum of one in ten homes with a mortgage today will be lost to foreclosure in the next two years and that this loss represents a staggering five-million-unit addition to inventory-for-sale. A record high 4.63% of mortgages were in [...]

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Tags: Mortgage Market