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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (42667)	9/30/2005 1:05:39 AM
From: ild	Read Replies (1) \| Respond to of 110194

Mortgage Insurance numbers for August micanews.com NOTE: Numbers don't include Radian. It's not part of The Mortgage Insurance Companies of America.

To: mishedlo who wrote (42667)	9/30/2005 8:38:25 AM
From: russwinter	Read Replies (1) \| Respond to of 110194

CI makes a point about the existing and new home sales data, one is lagged, one more current; One thing to remember when looking at home sales is that existing home sales are reported when the sales actually close. We’re looking at purchases of existing homes that were initiated two and maybe three months ago. In contrast, new home sales are posted when the initial contract is signed, not when they ultimately close escrow. So, new home sales data is about what's happening now. Existing home sales data is about what happened yesterday, so to speak. Again, what happens in the months ahead in terms of trending will be very important.

To: mishedlo who wrote (42667)	9/30/2005 9:54:08 AM
From: russwinter	Respond to of 110194

MoT rectification of August's lousy income and spending number to make it look like Katrina. Time to get a calender, Katrina hit on August 29, in a 30 day month. From the August Personal income and Spending data: Personal income was immediately hit by Hurricane Katrina, which struck the Gulf Coast on Aug. 29. The impact on spending was not as noticeable, as it came at the end of the month. Economists were expecting incomes to rise 0.3% in August, with spending expected to fall 0.2%.