Life of an Ex-Mortgage Banker What do ex-Secondary mortgage guys do? One wrote to me last week and said, “Last night I placed an incendiary device in a bucket of water, in our living room. I wrapped it good and tight with electrical cords, plugged it in, then hung tin and wood figurines from it…………..for [...]

Rates/commentary for the week of December 15, 2003. Rates are lower by about .125 to start this week. On news of Hussein’s capture, investors bought equities and sold bonds, but this rate-unfriendly trading activity was more muted than expected because everyone is waiting for Tuesday’s economic data. Consumer Price Index (which measures inflation) and Capacity [...]