Hot news from AZ Home Help:
Posted To: Pipeline Press
When I am bored, I dream about designing an entirely new secondary market for loans . And then I think about designing an entirely new medical insurance process & program, airline ticketing scheme, and postal service pension plan. Seriously, getting back to designing a new secondary market, the FHFA is asking for our help . The market for non-agency loans continues to shrink - it is now at an 8-year low . There must be some opportunity there for someone, right? Here is the story . Those who follow this market know that clean, seasoned, prime non-agencies are now trading near par after a dive to about 50 in November 2008. That is a great return in the last four years. But at par they don't produce much yield, and leverage is not easy to obtain - perhaps the price rally will continue and...(
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www.mortgagenewsdaily.com - For more real estate news visit our website at http://www.AzHomeHelp.com
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