Fri, Nov 2 2012, 9:01 AM
"Spring ahead, fall back!" Sunday morning, folks in most states
will receive an extra hour of snooze time!
What's the difference between a hurri...
Thu, Nov 1 2012, 9:17 AM
Hey, it's November 1st! Just think: any 60 day rate lock (pretty
common place these days) expires in 2013! All those LO's with hefty incomes
in 20...
Wed, Oct 31 2012, 12:23 PM
With our without the storm damage, here in the U.S. there are 41 million potential
trick-or-treaters (children age 5 to 14; see joke at bottom) acros...
Tue, Oct 30 2012, 12:11 PM
Thank you to Julie F. from NJ on the FEMA declarations and re-inspections
normally required on properties in a disaster area . (A 2070, or 2075, wit...
Mon, Oct 29 2012, 10:33 AM
Although the credit markets are open until noon EST, and thus rates are
moving, the Fannie Trading Desk spread the word to clients, " Due to
Hurrica...
Sat, Oct 27 2012, 8:22 AM
I confess that I own three type writers: the first helped my Mom at
Stanford in the 1940's, the second I used to teach myself how to type while in
h...
Fri, Oct 26 2012, 10:39 AM
Here's a rare editorial comment from me if folks care to read it. I found
the MBA's conference earlier this week to be well attended, informative, an...
Thu, Oct 25 2012, 9:46 AM
This short video isn't funny in the least, but should not be missed
for anyone in the financial services sector, IT, or anyone else for that matter...
Wed, Oct 24 2012, 10:54 AM
Occasionally I am asked about the flow of taxes into and out of
various states . (Okay, I just made that up, but when you're in Kansas one
has to m...
Tue, Oct 23 2012, 2:03 PM
Wanna little scoop from this conference in Chicago? Try this one: Wells
Fargo has added operational capacity to its current
operations centers to ...
Mon, Oct 22 2012, 10:29 AM
The U.S. Census Bureau tells us that in many of the largest cities of the
most-populous metro areas, downtown is becoming a place not only to work b...
Fri, Oct 19 2012, 10:14 AM
Occasionally I am asked about a graphic presentation on foreclosures in
the United States, and how they've impacted different areas. Here you go .
...
Thu, Oct 18 2012, 9:38 AM
Pay no attention to those stories about "Shadow Inventory"!
Apparently that has all been soaked up. Or, at least, builders and the NAR
would like to...
Wed, Oct 17 2012, 10:03 AM
"Rob, in the old days, I'd go to conferences and secondary marketing
people would compare their status by comparing guarantee and guarantor fees.
Th...
Tue, Oct 16 2012, 9:53 AM
In terms of foreclosures, California has been having a rough go of things
recently. The state has one of the highest rates of foreclosure in the
co...
Mon, Oct 15 2012, 10:35 AM
Will Basel III be delayed? Maybe! Here is the latest: http://www.bloomberg.com/news/2012-10-11/eu-said-to-weigh-delaying-basel-bank-rules-for-up-to-a-...
Fri, Oct 12 2012, 10:32 AM
The 2010 Census showed that people who reported multiple races grew by
a larger percentage than those reporting a single race . According to the 20...
Thu, Oct 11 2012, 9:30 AM
Welcome to 10/11/12...how many times do us adults get a chance at a date
like that here in the U.S.? I guess once a year up until 2014.
On the j...
Wed, Oct 10 2012, 10:29 AM
Here is one growth industry - lobbying on behalf of Wells Fargo.
But lobbyists probably won't be able to help Wells, which prides itself on,
among...
Tue, Oct 9 2012, 5:09 PM
"We must, indeed, all hang together or, most assuredly, we shall all
hang separately." No, the CEO's of Freddie and Fannie did not say
that, it wa...
Mon, Oct 8 2012, 11:47 AM
According to the 2010 US Census data and the Survey of Income and
Participation Program, working from home is on the rise : back in 1999,
9.5 milli...
Fri, Oct 5 2012, 11:13 AM
When I am bored, I dream about designing an entirely new secondary market
for loans . And then I think about designing an entirely new medical
insu...
Thu, Oct 4 2012, 10:42 AM
A favorite topic at water coolers and trade desks is "How sports and
entertainment stars, making millions every year, go bankrupt - can't they save
...
Wed, Oct 3 2012, 10:44 AM
There are some stirrings out there that are raising some eyebrows. Jungle
drums pounding about a whispered 30% pay cut for many at Genworth ...
tel...
Tue, Oct 2 2012, 10:54 AM
Funders and government workers (not the same!) know that next Monday
is a holiday for many. October - it has Halloween! Wasn't it just the 4th
of ...
Mon, Oct 1 2012, 9:43 AM
This one from an AE in a "red state": Q: Do you know what the
difference is between conservatives and progressives? A: About $16
trillion! Trillion...
Fri, Sep 28 2012, 10:17 AM
It is good having a roof over your head. But sometimes even well-known TV
actresses find themselves without one. What would The Fonz do ?
Maybe...
Thu, Sep 27 2012, 9:51 AM
Even though last Saturday was the equinox, here's the weird thing: five
days after the equinox today is the "longest" day of the year! If
you're thi...
Wed, Sep 26 2012, 11:58 AM
Here in Denver the city is preparing for next Wednesday's presidential
debate. And what would an election be without a Chia Pet in the shape of
yo...
Tue, Sep 25 2012, 9:50 AM
Here is a story that attracts some notice: "Toys R Us said it will hire
45,000 seasonal employees across the United States to cope with the upcoming
...
Mon, Sep 24 2012, 11:31 AM
Welcome to the first business day since the autumn equinox. This is the
day when the tilt of the earth's rotational axis is perfectly perpendicular t...
Fri, Sep 21 2012, 11:00 AM
"Rob, I'm a new LO in Connecticut. What's the scoop on this news
about loans in my state being more expensive than others for home loans?"
Under the...
Thu, Sep 20 2012, 10:22 AM
Don't do the crime if you can't do the time. Here's a loan officer in
Washington facing 10-14 years for falsifying documents .
Will those in the ...
Wed, Sep 19 2012, 11:27 AM
"Rob , how the heck are we supposed to know what any financial asset is
worth? For many years the government has given farm subsidies, sugar cane
s...
Tue, Sep 18 2012, 11:22 AM
And now for something completely non-mortgage related...For you astronomy
& space explorations fans out there in Northern California, if you're
arou...
Mon, Sep 17 2012, 11:57 AM
We, including my old college roommate "Slugbreath," find
ourselves in "Unmarried and Single
Americans Week." The Buckeye Singles Council "National...
Wed, Sep 12 2012, 10:21 AM
The U.S. Government now has a $16 trillion deficit. On the other hand, it
made about $12 billion on the AIG stock sale - congrats. To put those numbe...
Tue, Sep 11 2012, 11:01 AM
Is it easier to finance 500 non-owner loans than it is 5? It is kind of
looking that way .
But speaking of lots of loans, and lost in the chatter...
Mon, Sep 10 2012, 10:03 AM
One of Coke's slogans several years ago was, "Always
Coca-Cola." Unfortunately for SunTrust, who invested in the company almost
a hundred years ago,...
Fri, Sep 7 2012, 11:42 AM
In 1970, Marian McQuade began a campaign to establish a day to honor
grandparents which finally paid off in 1978 when President Jimmy Carter signed
...
Thu, Sep 6 2012, 11:49 AM
I'll be standing in line Saturday in Austin, TX to enter the UT
football game. For something non-mortgage related, but interesting from a human
natu...
Wed, Sep 5 2012, 10:40 AM
Yes, most kids are back to school. How many is that? The Census Bureau
reports that there are about 80 million
children and adults enrolled in scho...
Tue, Sep 4 2012, 11:08 AM
Yes, it's Tuesday already - and football season. Wasn't it just Memorial
Day? Here's a quick one told to me by a college football referee in Ohio:
"...
Thu, Aug 30 2012, 10:18 AM
I can't walk by a magazine stand in a grocery store or an airport without
seeing a bunch of folks on the covers who are either in better shape than I...
Tue, Aug 28 2012, 11:03 AM
There's an old saying that there are no Republican folks songs. But now,
at least, there are Yiddish curses for Republican Jews: link
Continuin...
Mon, Aug 27 2012, 11:10 AM
Well, this is the week that many Secondary Marketing folks have been
dreading. It is the last week of the
month after a sell-off, and there are ple...
Fri, Aug 24 2012, 11:53 AM
As I've gotten older I've developed the unusual ability to stare at
something and not see it. I am particularly good at doing this with car keys on
...
Thu, Aug 23 2012, 11:34 AM
I was in Kansas yesterday, and saw a sign, "Ladies, if a man says he is going to fix something, he will.
There is no need to remind him every six mo...
Wed, Aug 22 2012, 2:24 PM
This is a frightening statistic, probably one of the most worrisome in
recent years: 25% of mortgage bankers and Realtors in the country are on
medi...
Tue, Aug 21 2012, 11:01 AM
Per the Mayans, we have four more months to live. But just in case the
sun comes up on December 22nd, it's good to have some retirement money stashed...
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