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Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616

ARCHIVED BLOG POSTS

2015 

Mortgage backed securities (MBS) closed down a whopping 53 basis points today at 102.97 having fallen below support offered by both the 25 day moving average and the 103.06 level.  With Fed meeting results now just two days away, bond traders became jumpy today and added another /125 to interest ...
12/14/2015
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A White Celebration From the silent sky it began to fallCascading wistfully down to us allJogging our memories with simple beautyTo remind us to carry out our duty It collected gently on the barren earthLaying fallow but still of great worthCreating a beautiful shimmering quiltOne that only by th...
12/14/2015
A White Celebration From the silent sky it began to fallCascading wistfully down to us allJogging our memories with simple beautyTo remind us to carry out our duty It collected gently on the barren earthLaying fallow but still of great worthCreating a beautiful shimmering quiltOne that only by th...
12/11/2015
Mortgage backed securities (MBS) closed up 44 basis points today at 103.53 having broken through and closed well above previous resistance offered by the 25 day moving average.  MBS bonds actually closed just 22 basis points below the 100 day moving average.  As a result of today's favorable mark...
12/11/2015
Here at the Federal Savings Bank we have a program that allows foreign nationals to purchase either second homes or investment properties here in the United States while living outside our borders.  The program does not require U.S. credit scores or tax returns.  It does require verification of i...
12/10/2015
With Fed futures funds now at an 87% chance that the Fed will raise rates next week, S & P futures pointed upward this morning despite the fact that a barrel of crude oil was down to $37.  By 11 AM the Dow was up 130 points and continued to climb another 70 points prior to a precipitous late afte...
12/10/2015
Mortgage backed securities (MBS) closed down 19 basis points today at 103.09 having dropped down to support offered at 103.06 prior to bouncing back just a tad.  MBS bonds fell below the 25 day moving average as stocks surged forward.  Bonds are weakening the specter of the Fed meeting next week....
12/10/2015
At the Federal Savings Bank we have a program that allows borrowers to get mortgages much sooner after major credit setbacks than FHA, Fannie or Freddie allow.  Our program will allow borrowers to secure loans after waiting the periods in the chart belowForeclosures                               ...
12/10/2015
Do you own more than the 6 financed investment proprieties allowed by Freddie Mac or more than the 10 property limit imposed by Fannie Mae?  If so, I have a program for you.  The Federal Savings Bank has a program that allows financing of an unlimited amount of financed investment properties,  In...
12/09/2015
Word came out this morning that Dow Chemical and DuPont, two of the oldest and best known chemical companies are considering a merger.  The new union would create a $120 billion behemoth that would be in veritable giant in the industry.  Whether it could get by antitrust scrutiny is another quest...
12/09/2015
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Jeff Jensen

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