RSS Feed
Twitter
Facebook
Email
HomeMaking Sense of Mortgage Rates and Regulations
Posted by Larry Doyle on September 18th, 2012 6:26 AM |
The Federal Reserve has already purchased billions in mortgage-backed securities via prior iterations of quantitative easing. The “QE-infinity” announced just last week is targeted at purchasing hundreds of billions more in MBS.
There is certainly a lot going on within the world of mortgages. Not all of it is necessarily good. I remain steadfast in my defense of fair and transparent markets. That said, it should be no surprise that more regulations do not necessarily mean better regulation.
While the Fed’s QE operates from the proverbial 60,000 feet, let’s get a first hand look at what is really going on within the world of residential mortgages. To do just that I welcome highlighting the writing of a regular reader. The $avvy Borrower is the work of a pro’s pro at Independence Mortgage Company in Newport Beach, CA. (more…)
