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"This article is ridiculous. We are all writing conventional loans right now with FICO's down to 680 or so, and we are writing FHA down to 640 - heck I can even broker FHA down to 580 so I don't know what this guy is talking about and neither does he...."
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"Ha ha, just closed a 642 mid-score 5% down conventional purchase. Even better, did not even have to send to MI company, my Underwriter issued a Clear to Close with an MI Cert she signed off on herself...."
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"Clearly no one is paying attention to Mr Evans at the moment...."
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"Agreed Ted....after all, much more important to listen to non-voting minority hawk than a voting majority dove...."
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"REPRICE : 2:14 PM - Provident Funding Better..."
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"REPRICE : 3:01 PM - Quicken Loans Wholesale Worse..."
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"RTRS- EVANS:WOULD BE OPEN-MINDED ABOUT DISCUSSING ADJUSTMENTS TO PACE OF BOND BUYING AT THIS MEETING, OR NEXT, OR THE ONE AFTER..."
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"Evans has consistently been the most dovish FOMC member when it comes to QE, and here he is saying he's open minded to discussing adjustments to the pace. If markets moved at all on these wires, it was barely noticeable. That seems to suggest markets are roughly in the position they wanted to be in to..."
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"MG - to clarify.... tapering comments = status quo. consistent QE purchases through established benchmarks = rate improvements later in the week?..."
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"I think something along those lines MH, yeah. Depending on the tone and the particulars, there's room for further weakness in bond markets, but if tapering talk is utterly absent or flat out dismissed, room for improvement...."
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"REPRICE : 3:51 PM - Caliber Funding Worse..."
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"that's the 2nd from Caliber..."
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