• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

The Next Refinance Boom

The Next Refinance Boom Bonds are flat and Stocks are trading slightly lower.  Although Mortgage Bonds were down as much as 16 BP, this morning’s headlines helped erase the losses. Initial Jobless Claims fell 5,000 to 366k, a bit worse than expectations of 360k, with the previous week’s number revised a little worse as well.  This news was Bond friendly, as the memory of the strength shown a few weeks back is

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Housing Data to Share with your Clients – January 22, 2013

Housing Data to Share with your Clients January 22, 2013 Both Stocks and Bonds are starting the day a bit lower. The only meaningful economic news today came by the way of Existing Home Sales. The report showed that the amount of sales were slightly below expectations, however there were some very encouraging highlights within the report, which should be shared with your realtors and clients. The inventory levels dropped to 1.8

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CFPB Issues Long-Awaited Industry QM and Ability-to-Repay Rules

The Consumer Financial Protection Bureau (CFPB) has adopted a new rule that will protect consumers from irresponsible mortgage lending by requiring lenders to ensure prospective buyers have the ability-to-repay their mortgage. The rule also protects borrowers from risky lending practices such as “no doc” and “interest only” features that contributed to many homeowners ending up in delinquency and foreclosure after the 2008 housing collapse. “When consumers sit down at the closing

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Waiting for QM, the MBA Weighs In; Who is the Largest Private Real Estate Holder?

Huh? AIG, the parent of United Guarantee, is thinking about suing the United States government over its bailout? Stranger than fiction – but true! Here is some chatter on the subject. (And see the “joke” below.) It could be a very big day for the mortgage industry – or at least any company that wants to originate loans that can be sold in the secondary market. The mortgage industry and Wall

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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