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MERS, Reno, Processing Tools; STRATMOR on Borrower Behavior; Housing Supply, Capital Markets

Grammar is important. Let’s not forget the comma… the difference between “I want you to eat, my friend” and “I want you to eat my friend.” Let’s not forget training, and I received this note. “Rob, plenty of conferences offer continuing education. Do any organizations offer CE?” Yup. Lenders One mem
Month-End Trading Taking a Toll

Bonds were actually a hair stronger at the open, but quickly tanked just after 8am. The nature of said tankage is strongly suggestive of month-end positioning. While it's true oil prices are higher than Friday, the spike in bond yields didn't correlate in a manner typically consistent with oil being
Bond investors wary after Warsh speech fuels rate-hike bets

After Warsh reiterated his commitment to bringing down inflation in a highly anticipated speech on Friday, swaps traders see a rate hike as more likely than not at the central bank's next decision in mid-September.
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