JP Marzano's (themortgagecall) Blog

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Mortgage and Lending - Movement Mortgage - NMLS # 574681
RECENT BLOG POSTS
Good morning… I hope you had a nice weekend. Things are picking up here now that I’m pretty much settled into the new gig. It’s so much less stressful here than at the big banks!   On today’s call: Markets, Housing industry and the $25 billlion joke, Rates   -          The Greek parliament approv...
02/13/2012
Good afternoon…   As you can see, I’m broadcasting from a different location now. I’m really excited about this new opportunity, especially as we’re turning files into closings in 30 days on average (versus 70-100 days at the big banks).   It’s been a busy week on Wall street and in the mortgage ...
02/10/2012
Good day to everyone... It's been a week of change for me and I will have more information on that starting Monday, hopefully.  The week ended with a flurry (thankfully, the weather didn't!). The Dow is up over 142 points, mainly on the heels of positive economic news, especially the jobs report....
02/03/2012
I read an article a while back that introduced the idea of an adjustable balance mortgage. The two university researchers who propose the idea that the ABM would capture the risk of house price declines to minimize default risk from declining asset value while still retaining contract rates near ...
02/01/2012
Good morning... I hope you had a nice weekend. I still can't believe we're havingmid-Fall weather but I'm not complaining! Hopefully this doesn'tmean February is going to be the ice age. On today's call: Markets, Housing, Interest Rates - The Dow is down as we begin the week, amid continuing tur...
01/30/2012
Good morning... I hope you had a good week. It's been somewhat quiet in the markets and rates haven't done too much. But that doesn't mean there's nothing to say. I saw an article this morning that said the US gross domestic product grew at 2.8% annual rate, it's fastest pace since the second qua...
01/27/2012
Good morning... I hope it was a good weekend. I was in beautiful Nashville, Tennessee so watch the Blackhawks do their best minor league hockey impersonation...but it was fun nonetheless! On today's call: Markets, Housing, Interest Rates  - Markets have improved slightly so far today but investor...
01/23/2012
Good morning... I hope you had a good week and are staying warm...wow it's cold! This shortened week saw no less frenzy than any other, in my opinion. The European debt crisis, especially Greece, is a show that won't end anytime soon. It looks like their bond-swap negotiations with the central ba...
01/20/2012
Good morning,  I hope it was a nice holiday weekend for you and your family.  On today's call: Markets, Mortgage Changes, Interest Rates  - The S&P ended up downgrading 9 countries in Europe. But     according to the markets today, the Dow is up a good amount     on the better-than-expected econo...
01/17/2012
Good afternoon... Winter is finally here...call me crazy, but I love it. I can do without the bone-chilling cold, but snow is the best! It's been an interesting week in the markets and the political spectrum as well. News of imminent attacks overseas and the worsening debt crisis problems in Euro...
01/13/2012
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