Friday, November 2, 2012

Two federal agencies announced that they are working together!

Two federal agencies announced on Thursday that they are working together to create the first comprehensive repository of detailed mortgage loan information. 

Thursday, November 1, 2012

Questions on why Pandit had to leave.

As it becomes increasingly clear that Vikram Pandit was forced out as chief executive of Citigroup (C) on Oct. 16, the question for the board is why.

Wednesday, October 31, 2012

Pleasant news: Mortgage rates rose slightly

Mortgage rates rose slightly on Tuesday, even though financial markets were fully closed due to Hurricane Sandy.  The market closure meant that there was no trading on the secondary mortgage market, but most lenders remained open, and released rate sheets accordingly.