Below is a collection of articles, news, and announcements associated with our industry.
Tom Ninness, VP at Cherry Creek Mortgage, joined the show today to discuss Cherry Creek’s success in the Denver area at dominating the mortgage market. He did not know their percentage market share, but he did know that Cherry Creek was by far the biggest mortgage lender in the area. He explained that their success stems… Read More »
Lykken-on-Lending (LoL) has partnered with HousingMatrix, an online resource of information for the housing industry. HousingMatrix now hosts the LoL library of the most recent recorded program as well as all prior programs. HousingMatrix is a site you should explore if you have not been there before. If the information you seek has to do… Read More »
A couple of months ago, Fed Chief Bernanke was answering questions about the Fed’s plan to sell its MBS portfolio. He stated that the Fed would eventually return its balance sheet to normal by selling the $1.25 trillion in MBS it had bought to stimulate the economy, but that it would not take place soon.… Read More »
Mortgage rates hit another new low last week. The drop lower can be partially attributed to two words used by Fed Chairman Bernanke in his semi-annual testimony to Congress on the state of the economy. The two words he used to describe the economy were “unusually uncertain”. This led investors to shift even more of… Read More »
