Larry Bailey - 23 years of Banking Experience 609-975-9182 FHA VA Conventional 203K Rehabiliation I set the Rates ~ Call me

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Mortgage and Lending - American Financial Resources, Inc.
I entered into the Banking Industry in 1987, with the goal in mind to make sure that my Customers (Clients) always had the best information, so they could make the best decisions for themselves. 23 years later, I have not changed that mindset. I am still making sure that all of my Clients and Relationships are getting the best information available, so that I can help them make the best decisions they can. My background and work experience has focused around the Business of "Money", whether it is working for a Bank, Mortgage Broker, or Mortgage Banker. I have also created and run a National Appraisal Management Company, as well as a Title Insurance Company that serviced the needs of both Lenders and Borrowers. My strategy has always been, and still is, to know more than my Competition and, just as important, to be able to "Put My Money Where My Mouth Is". If I can ever help you with anything to do with how to borrow money or how to save the most when borrowing money, let me know. I will be more than glad to help. Contact me for more information anytime. Specialties: Best example of what I do is helping people or companies achieve their goals. As long as you know where you want to get to, I have the ability to help. I specialize in the financial services industry, but have broad reaching skills that reach across many industries.
RECENT BLOG POSTS
Fri, Feb 13 - 4:24 PM ET Market Wrap: Our benchmark 4.5% FNMA bond struggled with a lower volume holiday trading day and lost 28bp to close at $100.62. Traders didn't have much to focus on other than to watch the progress of the 'Financial Stability Plan' in Congress. The $787 billion bill passed...
02/13/2009
Fri, Feb 13 - 12:00 PM ET JPMorgan halts new mortgage foreclosures. Will not out new mortgages into foreclosure for 3 weeks. Believes 3 weeks adequate for Treasury to announce a new mortgage modification plan. MBS trade back to flat and will close at 2:00pm ET. Stocks lower and will close normal ...
02/13/2009
  Current Trend Direction: Sideways Risks favor: Bias Towards Locking  Current Price of FNMA 4.5% Bond: $100.75, -16bp Bond prices are trading lower so far today on this shortened holiday session that will see the Bond markets close at 2:00pm ET.  On Monday, President's Day, both the Stock and Bo...
02/13/2009
Fri, Feb 13 - 10:11 AM ET Consumer Sentiment slightly lower at 56.2 vs exstimates of 60.2. MBS trading near session lows. Stocks near unchanged. 8:40 AM ET - Year-to-date the Fed purchases nearly $115B in MBS as reported yesterday. MBS flat, while Stock Futures slightly lower. Oil at $34.72/barre...
02/13/2009
Assembly Title is in Hainesport NJ on Route 38 and wants to help your Business Grow We are located at 1441 Route 38 West, Hainesport NJ 08036. Our phone is 609-267-2000 and our fax is 609-265-3880. The best email address to use is AssemblyTitle@AssemblyTitle.com This email address is received by ...
02/12/2009
  Current Trend Direction: Sideways  Risks favor: Locking  Current Price of FNMA 4.5% Bond: $101.19, +9bp Retail Sales unexpectedly increased in January for the first time in 7 months coming in at 1.0% versus estimates of -0.8%.  When stripping out auto sales, the number came in at 0.9%, also bea...
02/12/2009
Thu, Feb 12 - 5:00 PM ET Market Wrap: Our benchmark 4.5% FNMA bond was pushed up and down within a 41bp range on mixed economic, bond auction, and mortgage related news. The bond ended the wild session 19bp lower at $100.91. Retail Sales surprised to the upside snapping a six month losing string ...
02/12/2009
Assembly Title, LLC is a breath of "Fresh-Air" in the title business. There are many reasons why I am proud to have joined Assembly Title, LLC. One of them is that we make sure that your clients are treated in the highest regard. We strive to make sure that they are constantly reminded that you a...
02/12/2009
December 15, 2008    MORTGAGEE LETTER 2008-40          TO:                 ALL APPROVED MORTGAGEES       SUBJECT:            Refinance Transactions:  New Maximum Mortgage Calculation     The Housing and Economic Recovery Act of 2008 revised the National Housing Act to:   Eliminate the variable lo...
12/26/2008
Fri, Dec 19 - 10:35 AM ET President Bush announces a $13.4B loan to GM and Chrysler. Stocks higher after the news. MBS taking a breather after a sharp eun higher in recent weeks. 8:35 AM ET - MBS slightly lower this morning with no economic data due for release. Quadruple witching occurs in the e...
12/19/2008
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LarryBailey

local_phone973-712-5872
smartphone609-975-9182
Contact The Author
I entered into the Banking Industry in 1987, with the goal in mind to make sure that my Customers (Clients) always had the best information, so they could make the best decisions for themselves. 23 years later, I have not changed that mindset. I am still making sure that all of my Clients and Relationships are getting the best information available, so that I can help them make the best decisions they can. My background and work experience has focused around the Business of "Money", whether it is working for a Bank, Mortgage Broker, or Mortgage Banker. I have also created and run a National Appraisal Management Company, as well as a Title Insurance Company that serviced the needs of both Lenders and Borrowers. My strategy has always been, and still is, to know more than my Competition and, just as important, to be able to "Put My Money Where My Mouth Is". If I can ever help you with anything to do with how to borrow money or how to save the most when borrowing money, let me know. I will be more than glad to help. Contact me for more information anytime. Specialties: Best example of what I do is helping people or companies achieve their goals. As long as you know where you want to get to, I have the ability to help. I specialize in the financial services industry, but have broad reaching skills that reach across many industries.