Larry Iest's (larryi) Blog

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Real Estate Mortgage Broker - Hemet Mortgage

ARCHIVED BLOG POSTS

2007 

Here is the Mortgage Market Update for the week of August 27, 2007 brought to you by Larry Iest of Hemet Mortgage.LAST WEEKThe Federal Reserve helped calm the markets with their first major reaction to the liquidity crisis. The Fed lowered their "Discount Rate" and extended the widow for overnigh...
Posted over 6 years ago
Current State of Mortgage LendingThis is to clarify the current volatility being experienced by the mortgage industry? This is a historic time in the mortgage industry. I have spoken with several mortgage industry veterans that say they have never seen anything like we are experiencing today.Here...
Posted over 6 years ago
Now on to the news regarding the mortgage industry and the "Liquidity Crisis" that has been reported in the media. What does all of this mean? When a lender funds a loan they group many loans together and sell them to investors on the secondary market.  Since the housing market has slowed and del...
Posted over 6 years ago
Here is the Mortgage Market Update for the week of August 6, 2007 brought to you by Larry Iest of Hemet Mortgage.LAST WEEKLast weeks economic calendar was full of important economic reports. We saw tame information come in regarding inflation and employment the reports that the Fed looks at very ...
Posted over 6 years ago
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