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← Older postsMoney Market Recap & Forecast from the Daily Communicator: June 21, 2010
June 21, 2010Last week was mixed for U.S. Treasuries. A combination of friendly economic reports, lingering questions about the global economy and mixed messages regarding Spain’s financial situation kept buying in government debt steady to strong. But there were a few bumps. … Continue reading
Frost: At the forefront again (National Mortgage Professional Magazine)
June 17, 2010Our social media manager’s article is included in this month’s National Mortgage Professional Magazine as part of its special social media section. Continue reading
Money Market Recap & Forecast from the Daily Communicator
June 14, 2010Although there was little economic news to influence traders early in the week, the benchmark 10-year note started out strong. The continued decline of the euro pushed stock prices down on concerns about its effect on the global economy. The … Continue reading
Continuing hints of better news
June 9, 2010DENVER, CO–(Marketwire – June 8, 2010) – Integrated Asset Services®, LLC (IAS®) (www.iasreo.com), a leader in default management and residential collateral valuations, today released the latest IAS360® House Price Index (HPI) (http://www.iasreo.com/ias360_update.html). Based upon the timeliest and most granular data … Continue reading
Money Market Recap & Forecast from the Daily Communicator
June 7, 2010Compared to the past few weeks, last week was uneventful — until Friday. Although concerns about economic growth here and abroad remain, and trouble spots in the Far East lurk, U.S. Treasuries held steady. The yield on the benchmark 10-year … Continue reading
Are Jumbo mortgages coming back?
June 2, 2010The Mortgage Bankers Association suggests the news is mixed on whether Jumbo loans will make a comeback, though most agree they’re not likely to hit pre-crash levels anytime soon. Still, the first quarter of this year was above 2009 averages, and the idea … Continue reading
'Qualified mortgages' to be exempt from new risk requirement
June 1, 2010The recent “Wall Street Reform” bill required that 5 percent of a mortgage be retained as a buffer against risk. Fortunately, as National Mortgage Newsreports, a measure passed in May amended that requirement to exempt “qualified mortgages” (subscription required)–those that are generally … Continue reading
FHA Reserve Fund: Signs of better health
May 26, 2010The Federal Housing Administration (FHA) Reserve Fund is a buffer against loan defaults and claims on the federal mortgage insurance fund. FHA Commissioner David Stevens (National Mortgage News; subscription required) was optimistic in Senate testimony this month that the fund … Continue reading
Money Market Recap & Forecast from the Daily Communicator
May 24, 2010Last week was brutal for stocks, so bonds had a great run. The debt crisis in Europe and the swift decline of the euro had a debilitating effect on investor confidence, and the flight to safety was on. For the … Continue reading
Indianapolis 5/18: Learn to thrive rather than survive from Greg Frost Sr.
May 17, 2010Sponsors: Ottimo Capital Group of Primary Residential Mortgage Chicago Title Fifth Third Wholesale Jim Cherco—West Point Financial Tuesday, May 18: North: 8:30—11:00 WestPoint Financial 900 E. 96th Street Suite 300 Indianapolis, IN 46240 Thrive Rather than Survive Do you want a … Continue reading
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Greg Frost's Corner
I recently attended the annual Mortgage Bankers Association lobbying day in D.C. with 5 of my industry colleagues from New Mexico. It was a very insightful experience.
It is apparent to me that there is a prevailing feeling in both the House and Senate, along with the Executive Branch, that our government should reduce [...]
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