Entries Tagged as 'Garrett Watts'

The Garrett, Watts Report (March 15, 2010)

March 16th, 2010 · No Comments

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March 15, 2010
To Our Clients, Colleagues and Friends,
We have a client in the Columbus , Ohio area looking for someone to head up their Secondary Marketing Department. Expertise and experience in pipeline management, in making certain the data is accurate, is more important than the ability to be the world’s greatest expert on where [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

The Garrett, Watts Report (March 11, 2010 and aren’t you getting sick of Winter?)

March 12th, 2010 · No Comments

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To Our Clients, Colleagues and Friends,

We made reference last week to Marion Berry snorting crack, and you wouldn’t believe how many people wrote us that you smoke it and don’t snort it.  One who wrote us is a major name in warehouse lending, another one a top secondary marketing executive, and one is a bank [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

The Garrett, Watts Report (March 10, 2010)

March 10th, 2010 · No Comments

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To Our Clients, Colleagues and Friends,
 

California’s General Obligation bonds yield about the same as bonds from Greece , but anyway, 30-year California G.O.’s are paying 6%.  Because they’re exempt from state and federal taxes, higher-income Californians in a 40% combined federal and state tax rate get the equivalent of a 10% yield. Not bad.

Audited financials [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

The Garrett, Watts Report (which people call the Garrett, Watts Newsletter: March 8, 2010)

March 8th, 2010 · No Comments

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To Our Clients, Colleagues and Friends,

Have you (1) noticed that there are earthquakes happening everywhere now, and not just Haiti and Chile , and (2) did you see the movie2012? Even if you’re the most rational person in the world, it’s hard not to wonder if something’s going on here. By the way, the special [...]

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Tags: Commentary · Garrett Watts · Mortgage Market