| 2/25/10--Stories from the Street; Loan Apps Continue to Slow; Commercial Default Rates; Freddie's Results, Updates from Wells and US Bank |
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| Friday, 26 February 2010 08:20 |
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What are brokers and reps saying out there? "It seems the faucet turned off mid January. My brokers have very little and it seems every community bank is terrified of Friday's and the FDIC." "I'm still pretending to be a Mortgage Broker in this wonderful economic climate, all I seem to be doing is paying for licenses, taking exams and foolishly marketing my services." "Things are good here - people are getting back out looking and people are listing - just what we need!" "Dealing with the current GFE hassles is about as easy as folding a fitted sheet!" |