UW and API products and solutions FHA/VA/Ginnie Updates DACA Policy

Posted To: Pipeline Push

Chris Whalen notes, “The failure of Bear Stearns & Co a 10 years in the past illustrates the important lesson of monetary markets, specifically that non-banking companies are dependent upon 1) banking companies and 2) clientele for liquidity. And no total of cash will preserve a non-financial institution that has a deficit in terms of confidence. In periods of market pressure, trustworthiness and character are significantly extra essential than cash.” On the flip side, Angelo Mozilo famously observed that a liquidity crisis will get a company down a lot quicker than nearly anything. Any concerns? IndyMac’s Mike Perry had a assertion on his blog yesterday titled, “ Not Much too Large To Fall short: Mike Perry talks about IndyMac Financial institution and the monetary crisis ten a long time on .” FHA/VA/Ginnie News Initially off, any person hoping for a mortgage loan insurance policies high quality slash this year…(read extra)

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