Mortgage Industry Trends

Poof! In three days (not including the week end) you've got an Alt A lender that went from being a lender that funded $58 Billion in loans last year, to a company on the verge of extinction.

When the dust settles, I'm wondering if any mortgage bank will be a stand alone publicly traded company.

I recently sent out a mass email to some of the folks I dealt with when I was working with ICAP on their secondary whole loan desk.

The Wall Street Journal has had terrific reporting on the events surrounding two hedge funds over at Bear Stearns run by Ralph Cioffi.

What I would like to know is what do they teach all these Wall Street bankers at school?

A lenders worst nightmare is the thought of opening the mail one day

Just read a great article about Quick Loan Funding and the

John Robbins, the chairman of the Mortgage Bankers Association, recently delivered a speech at the National Press

If this were a myspace page, I'd want that tune playing on the site.

Evidently, they made the wrong bet on Fremont & New Century seconds, at least that is what the Wall Street Journal