Mortgage Servicers Are Hugely Conflicted – Larry Doyle – Information is everything. Those who control the information have immense power. The allegiances of those in control of the info obviously have an enormous impact on how the information is processed and dispensed. The potential for conflicts [...]
Entries from July 2010
Mortgage Related: Servicing Conflicts, Litigation, Freddie Portfolio, Cash-Ins, Geithner Wants GSEs, Reverse Mortgages, Strategic Defaults, Anecdotal Evidence, FDIC Box of Cr*p
July 28th, 2010 · No Comments
Tags: Mortgage Market
Politics and Government and Elizabeth Warren – 8 posts
July 28th, 2010 · No Comments
Politics and Government The Feinberg Report And "The Wisdom Of TARP" – Ken Feinberg appears on stage Friday to announce that 2008 bank bonuses were "ill-advised," but assures us of "the wisdom of TARP." – The Daily Bail ———— [...]
Tags: Mortgage Market
Treasury vs. mortgage securities; Jawboning about Fannie & Freddie; Correction on HARP; Rates creeping higher on strong economic news
July 27th, 2010 · No Comments
One patient came in and said, “Doctor, I have a serious memory problem.” The doctor asked, “When did it start?” The man replied, “When did what start?”
That line is short and to the point. Generally speaking, markets like news when it is short and to the point – borrowers are different than traders, who are [...]
Tags: Commentary · Mortgage Market · Rob Chrisman
Government Related: Europe Hammers USTs, PACE Bonds, Renew Tax Cuts, Elizabeth Warren, Unfunded Entitlements
July 26th, 2010 · No Comments
How An End To Europe’s Crisis Will Hammer U.S. Bondholders – Vincent Fernando, CFA and Kamelia Angelova – According to Deutsche Bank (DB) there’s a huge premium baked into U.S. treasury bonds right now thanks to fears about a European debt crisis. That’s why U.S. [...]
Tags: Mortgage Market




