Kris Krajecki's (imcallingkris) Blog

HUD is NOT implementing their rule prohibiting seller assisted downpayment programs (Nehemiah, Ameridream, etc.).This rule was scheduled to take effect on October 31, 2007; however, the U.S. District Court of the District of Columbia issued a preliminary injunction on October 31, 2007 to block im...

The U.S. housing slowdown that propelled 10-year Treasuries to their biggest gains since 2002 may soon make the same securities laggards in the government bond market. The notes returned 9.6 percent since mid-June as investors sought a haven from credit market losses caused by subprime mortgages....

It looks like lenders are really trying to insure consumer confidence these days!!HOMECOMINGS FINANCIAL, LLCf/k/a HOMECOMINGS FINANCIAL NETWORK, INC.DECLARATION OF FAIR LENDING POLICY & PRACTICESFair Lending PolicyHomecomings Financial, LLC (Homecomings Financial) is committed to the principle of...

Treasuries rose, pushing two-year note yields to the lowest since 2005, as investors bet that bank losses on mortgage loans will slow the economy. Shares of financial- services companies including Merrill Lynch & Co. fell to a two- year low as analysts predicted the housing slump will cause banks...

Employment in the U.S. slowed in October as a worsening housing slump led to firings at homebuilders, manufacturers and mortgage lenders, economists said before a report today. Wage gains may slow as employment weakens, increasing the burden on consumers already saddled with rising fuel costs and...

Treasuries rose as investors sought the safety of government debt after stocks tumbled and equity analysts cut the ratings of Citigroup Inc. and Bank of America Corp. on renewed concern over credit market losses. The gains in the two-year notes more than erased yesterday's decline triggered by th...