You have heard the tales of the Bottomless Pit, and that is what Mortgage Backed Securities have found. They continue to freefall with no support sighted in the near future.Ok, since May 8th, we have seen Mortgage Bonds begin their fall, trading within a Downward Channel. On May 14th, we advise
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06/07/2007
I figured it was about time to share some more pictures from my travels. Since my last post about places I have flown to, I have bounced around to many new ones as well as returning to some of the others.Here are some of the pictures I have taken recently... A not so untypical day in flying, but
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06/06/2007
Most Americans think the same way and do not realize the old way of getting a mortgage is the wrong way to get the mortgage. They need to realize that things change and we need to change with them to take full advantage of the opportunities we can receive.Let's take a look at two individuals tha
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06/06/2007
I was reading an article sent to me and it drove home a truly valid point. If you want people to like you, you must first decide who needs to hate you.Is it fair to say that finding a soul mate is pretty important? If so, online dating sites should be full of sparkling witticism as people try t
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06/05/2007
We remain in a LOCKING stance. Mortgage Bonds = -22bp.What do the "Coriolus Effect" and Bonds have in common? Well, the Coriolus Effect describes the whirlpool action that sucks water down in a circular fashoin and bonds continue to be "sucked down" as they remain in their downward channel. Be
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06/05/2007
I am not sure if anyone, especially those outside Illinois, are familiar with this state computer security breach that was published in the Gatehouse News Service on May 19.The Illinois Department of Financial and Professional Regulation is notifying roughly 300,000 licensees and applicants that
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06/04/2007
As many of you know, I love playing with numbers, especially when it shows how much wealth a family can generate by using their mortgage as an integral part of their financial and investment plans. Well, I decided to do a new twist on the numbers to share a little more about the flying side of m
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05/31/2007
Normally I post articles about the start of hurricane season on June 1st, but this year I needed to post this information today since I will be rather busy with my head in the clouds (literally) tomorrow.Yes, tomorrow is June 1st, the official start of the hurricane season and time for everyone t
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05/31/2007
We remain in a LOCKING stance. Mortgage Bonds = -16bpMortgage bonds traded flat yesterday in the absence of any major economic news. Today shows a different picture.As we informed you that the 200-day MA failed to maintain support and keep bond pricing above this critical level, price erosion w
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05/17/2007
Blogging offers unique opportunites to serve your community and this post will honor that capability. For those of you who know me, you know that helping others is something I like to do and Sheridan House Family Ministries is one organization that I respect dearly.As a company, Solid Rock Mortg
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05/16/2007
