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To: Haim R. Branisteanu who wrote (257968)8/28/2003 1:50:38 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
sorry, Haim -- won't read it all --

But I have a question: where does this leave the Fed? This was one of the primary means for injecting money ... where do the new injections come from now??



To: Haim R. Branisteanu who wrote (257968)8/28/2003 2:30:35 PM
From: benwood  Read Replies (1) | Respond to of 436258
 
That's good advice, lock interest rates on the lowest day of the week. <g>

I always buy stocks at the low of the week, and when I sell, I pick the high of the week. Hey.... I just thought of something... why not sell at the all-time high instead? I'll have to backtest that but I think I'm on to something <g>



To: Haim R. Branisteanu who wrote (257968)8/28/2003 2:47:47 PM
From: Pogeu Mahone  Respond to of 436258
 
HO HO HO these arseholes are going subprime!

<<As a result, many loan originators are searching for ways to maintain the income levels they achieved during the refi boom, as the number of transactions will undoubtedly continue to decline.

But smart loan originators are less concerned about the total number of transactions a month, and more concerned about maximizing the income opportunity within each transaction.

“If you’re a loan originator that’s used to doing a certain number of transactions a month, the prospect of only doing a third or half that amount a month is a very scary one,” said Bond Rate Monitor’s Scott Messina. “But rather than focus on the number of monthly transactions in an environment where transactions are clearly declining, focus on finding ways to increase your profitability. If you’re making an extra 10% to 25% on each loan you close, it will help offset the drop in volume.”>>