The Fed will stop buying mortgages beginning at end of March 2010.
Uh-oh. This is kind of a big deal.
Lets reflect back for a minute…
Back in September 2008 the bottom fell out of the mortgage and housing industry, the pillar of our economy at the time, as the MBS market was more or less exposed as [...]
Mortgage professionals would like to believe there is more to sales than answering the: ‘What’s MY rate and how much is this going to cost ME?‘ question, but there really isn’t.
It’s become an industry of risk based pricing and articulate paper pushing, whoever can push the paper in the right direction the fastest, for the [...]
The following powerpoint preso is NSFW, or whatever you want to call it for having words like F**k in it. So if the word F**k offends you or anyone who may happen by your computer screen while reading it…don’t read it (right now).
It’s a little long but worth the read.