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"Reprice for the better late yesterday then pricing deteriorated this morning. What's up with that? I figured they would at least be flat. Just goes to show, when the pricing gets rich it will be short lived."    View Comment
""Ugh" is right. 3 years ago a friend of mine met with a company that manages foreclosures for large banks. He told me they said they were expecting it would take them 5YRS to work through the bulk of the inventory. That means 2 more years. Off-shoring of American middle class manufacturing jobs is changing the landscape of the American economy, forever. The China experiement will have to fail for this to change. Welcome to the new reality"    View Comment
"July 29 purchase closings...lock or float? I'm thinking float. Thoughts?"    View Comment
"Lets see...2011 will be a historic year for foreclosure sales, home prices will continue to fall, people are leaving the workforce, unemployment will continue to be a problem, and it is Q1...historically the weakest quarter of the fiscal is only a matter of time before rates plummet, again...Whats that you say Bernanke...4-5 before a return to normal. We'll be up to our eyeballs in refinances in a few months. Patience grasshopper. But, that is just my opinion and I..."    View Comment
"So demand for housing is horrific. Home prices fell again, 15% YOY. Unemployment is up. Demand for mortgages in the first 3-5 months of 2011 will be zero. No one refinancing. Few people buying. Why exactly would rates hold and not fall during the first 6 months of 2011?"    View Comment
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