Any plan requiring Congressional approval unlikely to succeed in 2012.
Author Archive
Why MBS Doing Better Than Treasuries
Mostly because of supply (mortgage banker selling of $1-2b per day) and demand (Fed alone buying $1.2b per day).
Bank of America Halts Cash-Out Refinances
Excerpt from a BofA Home Loans memo…
How MBS Traders Think
This is all the MBS math that leads to the rates consumers see each day.
Easy To Say Tight Lending Hurts Housing If You’re Not A Lender
Latest on builders, Fed officials saying lending standards too tight.
Fourth Non-Fannie/Freddie MBS Deal Since 2007 Imminent
The market for jumbo mortgage bonds not backed by Fannie/Freddie still slim. But here’s a new sign of life.
How The Mortgage Business Works. Simple right?
Consumers only care about the rate quote. But here’s some of what’s going on behind the scenes.
Jim Cramer’s Housing Solution
“Put Wells Fargo in charge.”
Rate Predictions: Recap 2011, Outlook 2012
Here’s what the experts got wrong in 2011, and what they’re saying about 2012.
Two very different housing headlines
Check out these two headlines. No wonder nobody knows what to do.
