Bond prices climbed for the fifth straight session Thursday, helped by a government auction of 30-year bonds. The dollar fell against the euro and gained versus the yen. That should keep mortgage rates on the way down. Ny tuesday of next week should be prime for locking conforming loans.
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Federal Reserve Chairman Ben S. Bernanke told Congress yesterday the fed was examining rules in several areas, including restrictions on "liar loans" that do not require proof of a borrower's income, limits on financial penalties for borrowers who make early payments, and a mandate that some len...
Growing your business is tough work. The sales function is a time consuming task with a constant need to fill your "sales funnel" with fresh, qualified prospects on a regular basis. Finding the best qualified leads from your business does not come from a cold contact situation but from building a...
Anyone Want Some "Cheap" Mortgage Backed Bonds? From Dow Jones: US Broker-Dealer Circulating List Of Subprime Bonds For Sale. Some excerpts: In what one investor characterized Tuesday as a "fire sale," a broker dealer - which the investor said was John Devaney's United Capital Markets ... circula...