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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (120071)5/1/2008 10:09:54 PM
From: Jim McMannisRespond to of 306849
 
U.S. Thrift Regulator Calls Cuomo's Appraisal Pact `Flawed'

bloomberg.com

May 1 (Bloomberg) -- New York Attorney General Andrew Cuomo's agreement with the two largest mortgage buyers to change the way lenders hire appraisers is ``flawed'' and should be reconsidered, the Office of Thrift Supervision said in a letter today



To: pcyhuang who wrote (120071)5/2/2008 12:57:43 AM
From: PerspectiveRespond to of 306849
 
Interesting you should point that out. I was just revisiting the 9/11/01 panic for clues, and that particular panic led to a five-month rally in stocks that took price all the way back to 200DSMA. Price actually peaked within about eight weeks of the bottom, though, and turned down about a month after 2Y yields started rising. The 2Y treasury yield rose from early November through early March following the market price rebound:




`BC


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