Entries from December 2011

Mortgages and Housing: Pine River Hedge Fund, Bad Deal, OCC FC Reviews Sham?, FF&C Means Nothing?, Flippers Flop, 38% Paid In Cash, Cities Budgets Crunched, Plans For Renting Homes, DF Taking Forever, BofA Sells More, Poole on Privatization, Obama CFPB Endrun Coming?

December 31st, 2011 · 1 Comment

Happy New Year! email signup             Receive MNC in RSS news reader             me @ LinkedIn ———— (interesting bio) Cleaning Up In Mortgages – by KAREN HUBE – Pine River’s Steve Kuhn made a killing in mortgage securities in 2009 and 2010. Why he thinks 2012 could be another banner year. – [...]

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Tags: Mortgage Market

Why Doesn’t Competition in the Home Mortgage Market Provide the Benefits Expected From Competition? – by Jack Guttentag

December 29th, 2011 · No Comments

———— Anyone completing a course in microeconomics would find great difficulty applying what they learned about competition to the home mortgage market. The market meets the major requirement of a competitive market in having many buyers and many sellers, but the benefits associated with competitive markets are conspicuously lacking. Instead of the [...]

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Tags: Mortgage Market

Mortgages and Housing: NAR Revision chart, NY Fed Buys MBS, Condo approvals, 30 Year Fix risk, 10 Trends, Squatters, Fed Secrets, FCs Rise, AG Settlement, Sen. Scott Brown, Home Value Decline, FNMA and HARP2, Appraisals, Payroll Tax Cut, SEC Blooper, BofA CW Losses

December 29th, 2011 · No Comments

email signup             Receive MNC in RSS news reader             me @ LinkedIn ———— (good chart) NAR Revises the Great Housing Decline – by Sold at the Top – …  you can see that what the NAR is purporting to be the trend now looks substantially weaker and shows that the housing [...]

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Tags: Mortgage Market

Missing the Registration Renewal Deadline – Toolbox for Registration Renewals

December 27th, 2011 · No Comments

On December 8, 2011, we discussed aspects of state license renewals and offered a Renewal Toolbox for Licensees. In this newsletter, we discuss the issue of missing the deadline for federal registration and we offer a Renewal Toolbox for Registration.   The S.A.F.E. Act provides that the renewal period for federal registrants expires [...]

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Tags: Mortgage Market