Kris Krajecki's (imcallingkris) Blog

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Mortgage and Lending - Kris Krajecki - FOX VALLEY MORTGAGE - Huntley, IL

ARCHIVED BLOG POSTS

2007 

Treasuries fell after a government report showed U.S. retail sales rose last month more than economists forecast, suggesting that the U.S. economy is weathering the worst housing slump in 16 years. The data encouraged traders to reduce bets that the Federal Reserve will cut borrowing costs for a ...
11/14/2007
Just recieved this e-mail from Homecomings Financial (GMAC) and thought it was very interesting....thought I would pass it along ans see what you thought!New Mortgage Broker and Lender Regulations in MassachusettsThe Massachusetts Attorney General has significantly revised existing mortgage regul...
11/13/2007
Immediately after Halloween it seems that retailers are already putting up thier Christmas decorations - trying to capture as much of the Holiday market as possible. Typical ways that retail stores use to capitalize on the holidays include extended hours and sales. This is all well and good, but ...
11/13/2007
Please find the anticipated timeline of events detailed below with respect to HR 3915.   Tuesday, November 13A Call to Action may be issued by NAMB to all members as early as this evening- Talking points will be included. NAMB staff and lobbyists are still working to get acceptable clarification ...
11/13/2007
Treasuries fell for the first time in a week as an increase in U.S. stocks reduced demand for the safety of government debt. Stocks are up, which is strange since stocks started the day Friday being down 200 points?! Yields of two-year notes, which had benefited as investors sought shorter-term s...
11/13/2007
Treasuries rose as Federal Reserve Chairman Ben S. Bernanke told Congress he expects economic growth to ``slow noticeably'' this quarter. The difference in yields between two- and 10-year notes increased to the widest since March 2005. The bets are that the Fed will cut borrowing costs at its mee...
11/08/2007
On October 31st, in Federal District Court, Judge Freidman handed down a stunning upset ruling in the Penobscot Indian Nation v H.U.D. case Civil Action # 07-1282.  Judge Freidman's four page ruling prohibits HUD from enforcing the rule banning downpayment assistance programs that charge property...
11/08/2007
Under FASB terminology, Level 1 means mark-to-market, where an asset's worth is based on a real price. Level 2 is mark-to- model, an estimate based on observable inputs and used when there aren't any quoted prices available. Level 3 values are based on ``unobservable'' inputs reflecting companies...
11/07/2007
Turning Back the Hands of TimeThis weekend, the sun sets on another season of Daylight Saving Time. In case you hadn't noticed, Daylight Saving Time (DST) was actually extended this year by an entire month--it began earlier last spring and ran longer into this fall. But, alas, all good things mus...
11/07/2007
Have you ever flipped through all your TV channels to find nothing on? Well, that's how market traders will likely feel this week as they flip around for some economic news releases. But the news calendar takes a well deserved rest next week with mostly lower to mid-level reports scheduled. That ...
11/07/2007
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Kris Krajecki

Mortgage Broker Huntley, IL
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