"Ethical twilight zone... I love it!! Adam - I love the market information and the editorial of this blog. If I ever loose my day originating will be my next career. I would like to pose a general question... Is anyone aware of FHA resending the owner-occupied requirement for 203k financing?? I know in the past this was not a requirement. It would be instant P-PIP for local real estate investors, putting local contractors to work. Its the perfect grassroots recovery plan. If I just had a moment of..."    View Comment

"The term TOXIC ASSETS is being replaced with the term LEGACY ASSETS :)"    View Comment

"Rates stay low as long as MBS and TSY prices stay high. With the FED pledging to increase the balance sheet to buy whatever it takes to keep rates low, the heavy lifting is being done by those who are positioning themselves up to be sellers to the FED without a dime being spent. As to inflation a few things must be remembered. Rant ahead? 1. ALL US GOVERNMENT DEBT IS PRICED IN US DOLLARS. Who doesn't want to borrow 100 and repay 80? As the world's current reserve currency monetizing debt..."    View Comment

"It also appears that the initial origination date of on or before January 1, 2009 is no longer a requirement. Is that right or am I missing something?? This thing really loosened up after the inital announcment, or was it announced by TIMMAY and the gang without all the facts being straight??"    View Comment

"Adam and George, technically you can make 3-day trades within a 5 day rolling window and not have to satisfy the pattern day trade requirments of FINRA 2520 and NYSE 431. As far as when to short MBS... When the goverment steps away from the market I speculate prices will move lower overall on a massive 'profit take'. When that will be I don't know. All the same playing the ETF-MBB would still require lots of capital since the moves are fractional percentages of the 100+ cost basis. But..."    View Comment