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MBSProClose

  1. Not so bad for the inside crowd...the IPO raised $16 billion for Facebook and some early investors and valued the company at $104 billion
  2. HOLY TIMELINE, BATMAN! On Tuesday, the second full day of trading, Facebook shares fell $3.03, or 8.9%, to $31, after falling 11% on Monday
  3. Whoa! $11.5 billion wiped off the market value on day two of the Facebook IPO! ow.ly/b4fk3
  4. MBSProClose is attending the Texas MBA Conference...are you there, too? Come say hello to Steve! ow.ly/b4ftr
  5. Freddie reduces fees around refinancing the seriously underwater mortgages....http://ow.ly/aOrDh
  6. Etrade baby takes the wheel at Freddie MAC ow.ly/aOrzw
  7. considering how far mortgage rates have dropped, the refinancing burst has been lackluster by historical standards ow.ly/aOrgh
  8. Avista gets purchased! ow.ly/aGAK0
  9. Housing isn't likely to recover until the job market does, said Doug Duncan, chief economist at Fannie Mae
  10. MBSProClose isn't participating in the recession. Outlook is not so positive as numbers turn, but we're hiring! ow.ly/apQ6S
  11. The secret to better work....Great listen! Give yourself a lift! ow.ly/afby7
  12. Core Logic sells 12% share in Ellie Mae. This dilutes influence by any single shareholder. ow.ly/af6BS
  13. Fannie and Freddie could save $1.7 big ones if they accept payments from Treasury, but with unintended consequences? ow.ly/abHtg
  14. MBS is proud to announce our newest addition: Steven J. Rephan becomes our newest Regional VP. We're thrilled to have you!
  15. eTrade baby set to be next CEO at Freddie...well, kind of...... ow.ly/abH9N
  16. Wonder what the long term ramifications are going to be from having our information out there in every direction? ow.ly/aas0D
  17. BoA: Give me your deed and I'll let you rent back your house. ow.ly/aas8R
  18. Facebook is set to buy INstagram for a cool Billion....http://ow.ly/aarNq
  19. Whoa! The average DENIED loan had a credit score of 699 and a loan-to-value ratio of 83%. ow.ly/a59s3
  20. Is it a good policy to reduce principal on underwater mtgs, even if the Treasury will split it with us? ow.ly/a3swb