FOMC ends buying MBS? = G. Depression #2

Not just Ancronyms


Is this holding down the DOW from Eleven thousand?

10921 today. If the Federal government isn’t going to buy any mortgage backed securities as threatened… The stock market ought to look like October 29th 1929

How am I going to pay more taxes to cover the insurance premiums for others?

Bond market has been a rollercoaster for a week, yet little is mentioned in the news media about how scary this really looks.

Greed on i tunes today

FHA premium JUMPs to 2.25% ASAP get a case number

It appears in response to this week's Federal Grand Inquistion into how we are to make Fannie Freddie and FHA independant companies FHA is boosting their premiums for Mortgage insurance to 2.25% vs. 1.75%. The only way to avoid this jump in costs is to have a house under contract and order a case number today.

Len Brutacao put a good word in Heaven for us.

I saw the lupine and poppies in their glory on highway 241. I say a prayer for the Brutacao
family. Cheers to thier great father, leader and visionary who now is in Heaven. The rosary
kast night was one of many demonstrations of how you changed the world.