Jeff Jensen's Blog

By
Mortgage and Lending - Annie Mac Home Mortgage

ARCHIVED BLOG POSTS

2010 

The viability of commercial real estate properties is evaluated by looking at their net operating income (NOI).  The NOI is determine by  subtracting the operating expenses from the gross income to determine the net annual cash flow.  To calculate the NOI one does not deduct any mortgage payments...
01/28/2010
Mortgage backed securities (MBS) closed at 100.81 up 6 basis points today remaining caught betweeen the 200 day and 100 and 50 day moving averages.  The three Treasury auctions went well this week.  Traders breathed a sigh of relief that there would be no more auctiions through next week.  As I h...
01/28/2010
For some reason the federal government must have a disdain for the environment.  In preparation for a class this morning on the new 2010 RESPA requirements, I discovered that there is a much more agregious assualt on our timber resources than the HUD 1 going from two pages to three and the Good F...
01/27/2010
MOrtgage backed securities (MBS) closed down 19 basis points today and are still wedged in between support offered by the 200 day moving average and the double resistance at the 100 and 50 day moving averages.  MBS bonds were trading up this morning but turned downward when the Fed released its s...
01/27/2010
Balancing Mondays blog about the bright side of the loss mitigagtion spectrum is the dark side.  The first alternative to a short sale is foreclosure defense.  Although it may sound promising the odds of mounting a successful defense are miniscule.  Next is Chaper 7 Bankruptcy.  This certainly ta...
01/26/2010
Mortgage backed securities (MBS) closed up 12 basis points today at 100.94 just 5 basis points below the 100 day moving average.  Although strong auction results at today's Treasury auction should have catapulted MBS bonds higher, there were more reasons to keep them in check.  The combination of...
01/26/2010
What are the economic reports that could move markets this week?  On Wednesday at 2 PM the Fed Market Committee will publish its policy as to whether they will continue their "accommodative" policy with interest rates.  The language contained in their statement is picked over carefully and any nu...
01/25/2010
Mortgage backed securities (MBS) closed down 12 basis points today at 100.81 just over support offered by the 200 day moving average and just below the 100 and 50 day moving averages.  MBS bonds could remain stagnant for some time unless a significant economic report shakes things up.  The double...
01/25/2010
What are the options for homeowners who are unable to keep up with their payments?  We hear so much about short sales but there are some less painful solutions and some more painful solutions.  I will mention the less painful ones here.  The first is refinancing.  If you still have sufficient equ...
01/22/2010
Mortgage backed securities (MBS) closed down 9 basis points today at 100.94 just below the 100 day and 50 day moving averages.  There were no economic reports today to influence trading.  Despite another selloff in stocks, MBS traders were unable to push through these two formidable levels of res...
01/22/2010
Rainmaker
661,856

Jeff Jensen

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the music-note to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: