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
    Current Trend Direction: Sideways  Risks favor: Carefully Floating Current Price of FNMA 4.5% Bond: $101.44, -38bp  Surprise, surprise...volatility will once again be the key word on Wall Street today, as "quadruple witching" day occurs in the Stock markets.  Quadruple witching, which happens...
12/19/2008
  Current Trend Direction: Higher Risks favor: Floating   Current Price of FNMA 5% Bond: $101.62, -3bp The Job Market continues to struggle. Initial Jobless Claims were reported at 554,000, near expectations, but still a bad number.  The four-week average of Claims rose 2,750 to 543,750 - the hig...
12/18/2008
Wed, Dec 17 - 5:00 PM ET Market Wrap: Our benchmark FNMA 4.5% bond fell 28bp to close at $101.66 while trading within an expanded 137bp intra-day range. The bond showed early upward momentum following yesterday's huge rally but fell to profit taking later in the session as volatility picked up. M...
12/17/2008
Current Trend Direction:  Sideways - Battling Resistance Risks favor:  Floating   Current Price of FNMA 5% Bond: $101.62, -3bp Bonds have already traded in a 62bp range within the first hour of trading.  Uncertainty over the outcome of the US auto bailout as well as dismal Retail Sales and inflat...
12/12/2008
Current Trend Direction:  Sideways - Battling Resistance Risks favor:  Floating   Current Price of FNMA 5% Bond: $101.62, -3bp Bonds have already traded in a 62bp range within the first hour of trading.  Uncertainty over the outcome of the US auto bailout as well as dismal Retail Sales and inflat...
12/12/2008
Current Trend Direction:  Sideways - Battling Resistance Risks favor:  Floating   Current Price of FNMA 5% Bond: $101.62, -3bp Bonds have already traded in a 62bp range within the first hour of trading.  Uncertainty over the outcome of the US auto bailout as well as dismal Retail Sales and inflat...
12/12/2008
Wed, Dec 10 - 3:45 PM ET MBS stage a huge rally. Alert To Float. The 5% now near best levels in 3 years. 2:04 PM ET - US posts record November deficit of $164.4 billion. 2:00 PM ET - Conflicting news or uncertainty surrounding the auto bail out sends stock prices into the red. MBS near session hi...
12/10/2008
          Current Trend Direction: Sideways Risks favor: Carefully Floating Current Price of FNMA 5.0% Bond: $100.81 -9bp  In light of the recent price improvement in Mortgage Bonds, we have now switched our focus to the FNMA 30-year 5% Bond.  This change is reflected on the Bond Page and text me...
12/10/2008
Current Trend Direction: Sideways Risks favor: Carefully Floating Current Price of FNMA 5.5% Bond: $101.59, +16bp Stocks are building on their recent gains on news that lawmakers on Capitol Hill have reportedly agreed on the outline of a deal to rescue the ailing auto industry.  Also adding some ...
12/08/2008
New worms target both MySpace and Facebook users Kaspersky Lab, a leading developer of secure content management systems, has detected two variants of a new worm, Net-Worm.Win32.Koobface.a. and Net-Worm.Win32.Koobface.b, which attack MySpace and Facebook respectively. As part of their malicious p...
12/05/2008
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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.