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
ADVICE:  For loans being locked for 15 - 30 days, we suggest...(more) Treasuries and mortgage markets opened weaker this morning with the US stock indexes looking slightly better after falling 172 points on Friday. The bellwether 10 yr still hanging close to 3.00%, unable to sustain under 3.00% f...
06/13/2011
NAHB Construction Outlook Downgraded; Feedback on REITs; Loan Modification Stats; Foreclosure Scrutiny Delays Ally IPO   by Rob Chrisman If someone "about scares you half to death" twice, what happens? What home builder economists lower their predictions twice, what happens? HomeBuilderForecast I...
06/10/2011
The bond and mortgage markets started a little better this morning after a bout of selling yesterday as the equity market bounced off very oversold technicals; the bond market equally extended----overbought as we note two days ago. This morning in early activity the stock indexes were weaker. Yes...
06/10/2011
Jun. 9, 2011: REIT's gaining in prominence; analyzing mortgage pools in the future; HUD's 2011 limitsRob Chrisman "I used to be indecisive. Now I'm not so sure." But one thing that I am sure of is transparency. Sterne Agee released prepayment information, important to investors and originators al...
06/10/2011
Jun. 8, 2011: Lots of agency news & organizational changes; Oregon & MERS; Texas's TAMP goes belly upRob Chrisman Fun with numbers...In the 2010 Census, for you reverse mortgage lenders, seven states had a median age of 40 or older: Maine (42.7), Vermont (41.5), West Virginia (41.3), New Hampshir...
06/10/2011
Stocks fell in Europe for a sixth day, U.S. index futures declined and the yen strengthened as concern deepened the global recovery may slow. Copper led commodities lower, while oil dropped as OPEC meets. The US stock indexes traded weaker all morning into the open with the DJIA lower; a close lo...
06/10/2011
provided by Sigma Research Treasuries and mortgages doing better again this morning, the stock indexes in pre-market trade were better. Weekly jobless claims at 8:30 were a little softer than expected but generally in line; +1K to 427K, last week's claims were revised from 422K to 426K. Continuin...
06/09/2011
Jun. 9, 2011: REIT's gaining in prominence; analyzing mortgage pools in the future; HUD's 2011 limitsRob Chrisman "I used to be indecisive. Now I'm not so sure." But one thing that I am sure of is transparency. Sterne Agee released prepayment information, important to investors and originators al...
06/09/2011
globalhomefinance.com by Sigma Research: Treasuries and mortgages opened weaker this morning, the stock market trade in pre-market opening also looking weak. If the stock market (DJIA) ends this week lower it will be the first time since 2002 the key index closes lower for 7 consecutive weeks. Th...
06/06/2011
globalhomefinance.com Jun. 6, 2011: Wells Fargo & MI underwriter licensing; mortgage jobs from coast to coast; NAFCU on QRM; are there loans left to refi?Rob Chrisman Studies find it takes 2,000 times more energy to produce and ship bottled water than tap water and it costs 10,000 times more per ...
06/06/2011
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