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Alex_Stenback

  1. Mortgage market mostly sideways today with a positive flavor: 3 year treasury auction had the dogs hot and bothered http://bit.ly/3PAIr1
  2. PDF of Home Buyer Tax Credit Changes http://bit.ly/1EoNOP
  3. Mortgage market opens choppy, worse than expected unemployment (10.2%) normally helps rates - not so thus far.
  4. @Kablog One of the bennies of not having an editor. The other is writing some laughably bad stuff.
  5. Not a Joke: Fannie Announces Lease-for-Deed. Will the Govt. soon be the biggest landlord? http://bit.ly/2GVWru
  6. In other news there was a Fed announcement yest. that the mortgage market mostly ignored: summary: Big output gap, rate hikes a long way off
  7. So now it's done and you can talk about it. Great gift for the housing market, horrible public policy: http://bit.ly/1fdHRt
  8. Don't forget: Temporary FHA limits expire at the end of December. In MN, this means max FHA will drop to $318.5K or so. Might be extended.
  9. Big Tobacco, meet Big Lending: States lawyering-up to file fraud suits against mortgage lenders: http://bit.ly/3AwwB7
  10. Mortgage market opens flat after some late day selling in bond land hurt prices yesterday. Fed meeting starts today, concludes tomorrow.
  11. Mortgage market trying to put together some gains after yesterdays sell-off. Lower stocks helping our cause here.
  12. Still ignoring tax credit news until it is actually passed and signed. You should too.
  13. Stock market AM GDP fueled romp is sucking some wind out of the mortgage market - rates should creep higher today if this holds up.
  14. @mortgagereports Sorry, been too busy pistol whipping hog-tied "loan modification officers" to keep current: http://bit.ly/aSQlo
  15. This is why you should just ignore tax credit news until it is actually passed by both houses and signed: http://bit.ly/WtZKG
  16. A couple hit by foreclosure are charged with torturing two loan-modification agents they suspected of fraud: http://bit.ly/aSQlo
  17. Bond market is well bid at the open - could portend a tick lower for mortgage rates today. Ahead: 1PM, Treasury rattles cup for $41Billion.
  18. @AccessClosing They should be, they bought this deal with lobbying $$, next year being an election year and all.
  19. Home Buyer Tax Credit expansion/extension a done deal? Calculated Risk has the scoop: http://bit.ly/3TjEK5
  20. New Post: What Kim Kardashian and Today's Housing Market News Have in Common: http://bit.ly/8mXCN [behindthemortgage.com]