Sheila Bair, chairman of the Federal Deposit Insurance Corporation, was recently interviewed by the Kansas City Star. Of her designation as the second most powerful woman in the world two years in a row by Forbes magazine Bair reportedly said, "I think it’s more about the agency." She also said, "We need stronger controls on [...]
Archive for May, 2010
Widespread Reprices For The Worse Reported as Stocks Rally From Lows
May 21st, 2010 
admin Posted To: MBS Commentary Stocks are rallying and rates are selling off. The S&P is currently +1.33% at 1085.88 after hitting an intraday low of 1056. The 10yr TSY note is fflat on the day yielding 3.216%. The FN 4.5 is -0-04 at 102-08. Reprices for the Worse have been reported and more are likely [...]
Posted in Uncategorized 
Tags: from, Lows, Rally, Reported., Reprices, STOCKS, Widespread, Worse 
No Comments »California: The Frog in the Sub-Prime Frying Pan – Big Government (blog)
May 21st, 2010 admin California: The Frog in the Sub-Prime Frying PanBig Government (blog)With all the losses the US banks are suffering from real estate foreclosures, they have no capacity to aid in the bailout the US federal government. …and more » View full post on california real estate – Google News Share and Enjoy:
Senate Passes Reg Reform: CFPA a Go, No GSE Reforms
May 21st, 2010 admin The Senate late Thursday passed a landmark financial regulatory reform bill that will increase regulation and oversight of the residential mortgage industry and overhaul the way Wall Street conducts business. View full post on National Mortgage News Headlines Share and Enjoy:
Now’s the Time to Buy, Investment Firm Says
May 21st, 2010 admin A company, seeing parallels with the 1980s downturn, says the time to sell is 3-4 years from now. View full post on Daily Real Estate News Share and Enjoy:
