Impact of Fannie’s Quality Control Initiative on Lenders; PMI Reports Improving Home Values; HUD Gives Guidance on Lead Paint

Posted To: Pipeline Press

On a serious note, and besides a decent Johnny Cash soundtrack, here is something to spend 1 minute and 50 seconds watching, and not only see what Nashville is dealing with, but also what lenders in that area are dealing with: WATCH THIS VIDEO I'm always slightly terrified when I exit out of Word and it asks me if I want to save any changes made to my ten-page commentary – which I swear I did not make any changes to. Pressing an errant key on a computer's keyboard can lead to all kinds of issues, and yesterday that supposedly happened. Media reported that someone, or something, at a bank (CitiBank is most often mentioned) in what was supposed to be a $16 million sale on an S&P 500 futures-linked contract turned into a $16 billion sale . Darn those zeros. Once computers within the…(read more)

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