Archive for September 2008

Net Branch – How important is FHA?

Net Branch – How important is FHA? Up until 18 months ago most people would have said – not so much! Today it’s another story. With the Fed take over of Fannie and Freddie comes a very strict requirement for the two agencies to cut their portfolios by over 60%. This will mean less lending […]

The LIBOR index is rising fast… Refinance opportunity for net branch

The LIBOR index is rising fast… Refinance opportunity for net branch the LIBOR rate has spiked in recent weeks. What is the LIBOR and why is something your clients should be concerned about? From a report on Bloomberg this week.. “The overnight Libor rate in U.S. dollars soared 3.33 percentage points to 6.44 percent today, […]

Fed Fannie Mae / Freddie Mac bail out – what next?

By now everyone has heard about the historic bail out of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) by the government. In the short term this looks like a good move. The two companies are saved from insolvency and they can continue with business as usual. Is this good or bad in the […]