Entries from September 2010

Mortgages and Housing: Boom Bust Paper, Army Forbearance, Mod Rumors, FNMA 3.5’s, Florida Foreclosures

September 30th, 2010 · No Comments

  new report – 218 pages  – JOINT CENTER FOR HOUSING STUDIES of HARVARD UNIVERSITY – We are pleased to announce the publication of a new report, Understanding the Boom and Bust in Nonprime Mortgage Lending – 12 page intro. ———— [...]

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Tags: Mortgage Market

Markets Related: Bruce Springsteen Omen, Flash Cras Patterns, Goldman Slide Show, Hedge Fund Cuts, Silver’s On Fire, Low UST and JGB Yields

September 30th, 2010 · No Comments

  (Bob Prechter social moods) THE (Bruce) SPRINGSTEEN OMEN: Stocks Set To Surge Massively Against Gold – Joe Weisenthal -  You folks playing the short equities/long gold better be careful.  We just got confirmation of THE SPRINGSTEEN OMEN.  Random Roving (via WallStSheet) gets credit for spotting [...]

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Tags: Mortgage Market

Influenced by Government: LEI Lies, WaMu and JP, Lockhart on QE, Evans-Pritchard on QE

September 30th, 2010 · No Comments

  LEI LIES – Bruce Krasting – The Leading Economic Indicator (“LEI”) came in at +.2% in the most recent read. There was a time that I looked at this data set pretty seriously. Not any more. I think it produces a false read. – has [...]

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Tags: Mortgage Market

A PROCLAMATION: COMPENSABLE SERVICES FEE

September 30th, 2010 · No Comments

COMMENTARY by JONATHAN FOXX Jonathan Foxx, former Chief Compliance Officer of two publicly traded financial institutions, is the President and Managing Director of Lenders Compliance Group. Lenders Compliance Group is the first full-service, mortgage risk management firm in the country and pioneers in outsourcing solutions in regulatory compliance. Published [...]

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Tags: Mortgage Market