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Mortgage Market Snapshot Week of 11/10/2008

by Steve Heideman | November 10, 2008

It’s official. As of 11:04 EST Tuesday November 4th 2008 Barack Obama is the first black president of the United States of America.  In a unprecendented move, President elect Obama moved quickly appointing a 17 person bi-partisan economic team. Members of the team include such economic titans as  former Regan fed chief Paul Volcker, billionaire [...]

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Mortgages & Lending

The State of Lending: Trader Uncertainty Anyone?

by Steve Heideman | October 27, 2008

The Chinese have a saying: “May you live in interesting times”. Well, I don’t think there are many people out there who think that things have been boring lately. In the last weeks, mortgage markets whipsawed as the Dow Jones Industrial Average recorded both its largest one-day point gain and second-largest one-day point loss in [...]

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