Brad Cahoone's (mcahoone) Blog

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Mortgage and Lending - Global Home Finance Inc. NMLS ID:316441 - NMLS ID:184176
RECENT BLOG POSTS
How hard is it to create a new currency in a digital age? DigitalMoney=DigitalThieves [http://r20.rs6.net/tn.jsp?llr=zy6u9cdab&et=1106121588463&s=8721&e=001Imk9--PXQrVmNPAbOWzL-Iw5mk3zwgv8A9goIbmovGeImejzeOglBNOFvCbJFcdwItCtpVxxqgwamjSkzmvidaqPMewKAVDjRwq_VWtH20HK2lWfCrAEtjXFMZNoa3Q3PKPQMVaZDs9GX...
06/20/2011
"Mama just hung her said head and said, 'Papa was a rolling stone. Wherever he laid his hat, that was his home...'" The U.S. Census Bureau announced that among those who moved between 2009 and 2010, almost 44% of them (16.4 million) did so for housing-related reasons, such as the desire to live i...
06/17/2011
Treasuries and mortgages opened a little soft early this morning but by 9:00 mortgage prices crawled higher by .06 bp. The main event this week continues to be the Greece situation with the threat of defaults of its debt that if it occurred it may spread to other troubled EU countries. Economic d...
06/17/2011
by Sigma Research Early this morning the 10 yr note made a new low yield at 2.88% frm 2.97% at the end of yesterday on increasing concerns over Europe's debt problems headlined by Greece. The European Union's failure to contain the Greek debt crisis is sending fresh shockwaves through currencies,...
06/16/2011
The idea of Father's Day was conceived slightly more than a century ago, not by Hallmark Card or Weber Grills, but by Sonora Dodd of Spokane, Wash., while she listened to a Mother's Day sermon in 1909. Dodd wanted a special day to honor her father,  William Smart, a widowed Civil War veteran born...
06/16/2011
Treasuries and mortgage markets were pounded yesterday, the 10 yr and mortgage rates jumped 11 basis points in rates. Yesterday the equity markets rallied on news from China that its industrial production increased more than expected and a better May retail sales than thought. It appears a one an...
06/15/2011
The stock markets in Europe stronger, here this morning in pre-market trading the DJIA up 100 points at 8:45. The 10 yr note -21/32 at 3.06% and mortgage prices -13/32 (.41 bp) at 9:00. The markets were ripe for a change technically; the bond market overbought while the stock market oversold; alw...
06/15/2011
Jun. 14, 2011: One take on diminished broker role; investors preparing for loan limit cuts; FHFA's report on Fannie & FreddieRob Chrisman The parent of Marie Callender's restaurants (around since 1964), and which also owns Perkins Restaurants & Bakeries, has filed for bankruptcy protection and cl...
06/14/2011
Market Snapshot by Sigma Research The stock markets in Europe stronger, here this morning in pre-market trading the DJIA up 100 points at 8:45. The 10 yr note -21/32 at 3.06% and mortgage prices -13/32 (.41 bp) at 9:00. The markets were ripe for a change technically; the bond market overbought wh...
06/14/2011
June 13: Miscellaneous letters on topics ranging from DTI to Freddie's Relief program; NMLS Call Report deadline approaching       "The evening news is where they begin with 'Good Evening,' and then proceed to tell you why it isn't." So I won't say "Good morning." As Wells Fargo Security's newsle...
06/13/2011
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BradCahoone

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