Kris Krajecki's (imcallingkris) Blog

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...

I am seeing a lot of appraisals come up for reveiw these days! Even FNMA had a new DU finding regarding appraisals!Investors and agencies are intensifying their review of property values. The appraisal report must adequately support the opinion of value and property description, utilizing availab...

Treasuries were little changed after a private report showed consumer confidence fell more than forecast in October. The Conference Board's index of confidence declined to 95.6, the lowest since October 2005, from a revised 99.5 the prior month. The index averaged 105.9 last year.It looks like we...

A NEW 401(K) OPTION...Last year, Congress authorized a new twist to the standard 401(k) plan that most employers offer. The new option, called a Roth 401(k) is just what it sounds like, a blend of the standard 401(k) and a Roth IRA.So what's the difference?As opposed to the standard 401(k) plan, ...

They say to be careful what you wish for...and with Halloween just around the corner, kids aren't the only ones wishing for a "treat". This Wednesday, October 31st, The Fed will decide if the financial markets will get a treat of their own with another cut to the Fed Funds Rate. It is very fittin...

Sub-Prime is making it's way back...but is a little stricter and the rates are definately higher!Here is the information we discussed.  Our focus is the sub-prime market; here is a sample of what we can do. Loans to 1.25 million to 80% LTV (min. 620 score, full doc) Loans to 1 million to 75% LTV ...

I got this e-mail from countrywide this morning...It looks like they are really trying to lay on the confidence bit pretty thick.Dear Business Partner: By now you are probably aware that Countrywide Financial reported our third quarter earnings earlier today. I wanted to take this opportunity to ...

The real mavens in the U.S. bond market may be your next-door neighbors, and they say now's the time to buy Treasuries. Twenty percent of Americans who say it's a bad time to buy a house cite high interest rates as a reason. High interest rates??? Rates are actually rather low! Are people really ...

Treasury two-year notes fell as traders pared bets that the Federal Reserve will reduce interest rates by more than a quarter-percentage point this week and gains in global stocks curbed demand for fixed-rate investments. Two-year notes, more sensitive than longer-maturity debt to changes in the ...

Treasury two-year note yields dropped to the lowest in more than two years as losses at Merrill Lynch & Co. and a plunge in home sales increased speculation the Federal Reserve will cut interest rates next week on Halloween. The yield on the November fed funds futures contract suggests traders ar...