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
May 3, 2011: Resistance to quick financial reform; Barclays' thoughts on non-agency refinancing; misc. lender updatesRob Chrisman This plan is simple, like my brother-in-law Tony. But unlike Tony, this plan just might work.When an originator locks a loan with an investor on a best-efforts basis, ...
05/04/2011
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A better start this morning after a generally unchanged session yesterday. Markets working on the after impact (if any) frm the news Osama is dead. Yesterday the equity markets made an attempt to rally on relief but ended the session slightly weaker, the bond and mortgage markets saw no safe have...
05/04/2011
May 2: Unintended 5% retention issues; lots of agency & servicing news; misc. bank & lender updates    Occasionally I receive e-mails that are worth saving. Like the one where someone wrote, "Your vocabulary is as bad as, like, whatever." And some websites are worth saving, like this one that tel...
05/04/2011
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Early on this morning the bond and mortgage market prices were lower, gold lower and crude oil down; the stock indexes rallying----initial reactions to Osama Bin Laden being killed. At 7:30 the 10 yr note -9/32, crude off $2.50 (at 10:00 up on the day) and gold down $7.50, mortgages opened -5/32 ...
05/04/2011
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ADVICE:  For loans being locked for 15 - 30 days, we suggest...(more) Treasuries and mortgages opened a little better this morning; 10 yr +4/32 at 8;00 and mortgages +3/32 (.09 bp). At 8:30 two data points; March personal income +0.5% and spending +0.6%, both in line with estimates The price ind...
04/29/2011
Uniform Mortgage Data Program and Appraisals; Bank MBS Holdings; Obtaining IRS Tax Transcripts; by Rob Chrisman Do boom and bust cycles in real estate only happen in the United States? Of course not: Boom&Bust Here's a campaign hitting the public: Zillow Mortgage Marketplaceis giving out Lowe's g...
04/29/2011
April 28: Hedge cost basics; Mortgage hiring continues; Flagstar earnings; lots of investor/lender updates    Fun with numbers: Freddie Mac's mortgage delinquencies on single-family homes declined in March from both month- and year-earlier levels. March's delinquencies on single-family residences...
04/28/2011
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Treasuries and mortgages doing better this morning; prior to 8:30 the 10 yr was 6/32 and mtgs +3/23 (.09 bp). At 8:30 weekly jobless claims were thought to have declined 13K last week, as reported claims increased 25K to 429K frm 404K the previous week. Continuing claims did decline as unemployme...
04/28/2011
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A little weaker this morning in the rate markets; not really unexpected after the recent improvement in rates and ahead of an historic day with the chairman of the Fed holding a press conference for the first time ever. The FOMC meeting will conclude at 12:30 with its usual short policy statement...
04/27/2011
April 27: Freddie & Fannie chatter; NMLS & Federally regulated institutions; a bill introduced in CA does what?    Huh? Maybe Freddie and Fannie are not going to evaporate, which many in the industry were not looking forward to anyway: MSNBCAgencies   One servicing manager from a large institutio...
04/27/2011
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Brad Cahoone

Mortgage Loan Expert -Real Estate Marketing Mentor
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