Our Client Appreciation Dinner is going to be Thursday, November 18 at San Francisco ’s Palace hotel.  Invitations will go out shortly. This engraving is from the hotel’s letterhead well over 100 years ago.  At the bottom in small type it says “At the end of the trail stands the historic new Palace Hotel in [...]

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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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Monday, October 11 is Columbus Day and a federal holiday. Therefore, many banks and the U.S. Postal Service will not be open for business, but many investors such as GMAC will be open. “Holidays” like this always seem to be a problem for mortgage companies – sometimes companies take locks, but can’t hedge them because [...]

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Why Isn’t Housing Recovering? Was Placing Fannie and Freddie Into Conservatorship a Mistake? by Jack Guttentag, The Mortgage Professor In past recessions, the housing and mortgage sector, stimulated by the lower interest rates generated by an easier monetary policy, was a source of strength that [...]

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