{"id":47501,"date":"2009-11-20T15:44:18","date_gmt":"2009-11-20T20:44:18","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/11\/20\/jumbo-program-news-from-suntrust-gmac-dr-horton-chase-rates-quiet\/"},"modified":"2009-11-20T15:44:18","modified_gmt":"2009-11-20T20:44:18","slug":"jumbo-program-news-from-suntrust-gmac-dr-horton-chase-rates-quiet","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/47501","title":{"rendered":"Jumbo program; News from SunTrust, GMAC, DR Horton, Chase; Rates quiet"},"content":{"rendered":"<p>\u00a0<\/p>\n<p><a href=\"http:\/\/www.mortgagenewsdaily.com\/channels\/pipelinepress\/default.aspx\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; border-top: 0px; border-right: 0px\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/pipeline-press13.png\" border=\"0\" alt=\"pipeline-press\" width=\"425\" height=\"83\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.robchrisman.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; border-top: 0px; border-right: 0px\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/11\/rob-chrisman-daily13.jpg\" border=\"0\" alt=\"rob-chrisman-daily\" width=\"435\" height=\"52\" \/><\/a><\/p>\n<p>One top ex-secondary guy wrote to me and said, &#8220;Things I sort of miss hearing in mortgage banking: &#8220;What are rates gonna do tomorrow?&#8221; &#8220;Why is IndyMac a point better than we are?&#8221; Anything associated with &#8220;Did you hear what they said on CNBC this morning&#8230;&#8230;.?&#8221; &#8220;How come I&#8217;m losing money on the hedge?&#8221; And &#8220;See that rep over there? We ended up naked in a hot tub at a conference back in &#8216;94.&#8221; I tell you, sometimes this commentary writes itself.<\/p>\n<p>Right now, companies all over the US are talking about next Friday. Either the companies are closed, and the employees have the day off to go spur the economy, or companies are open. Those that are open may have low seniority people at the desks, or people who don&#8217;t care about taking the day off and would rather &#8220;bite the bullet&#8221; and come in for the day after Thanksgiving. US Postal service is in effect, and therefore it counts as a rescission day. But <strong>lock desks, and loan sales, will slow down next week with the holiday coming up.<\/strong><\/p>\n<p>Maybe folks are out there thinking about their upcoming holiday parties, assuming lay-offs have not been too dramatic and they&#8217;re actually going to have one. So here is one for you men out there: <a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/health\/8367141.stm\">http:\/\/news.bbc.co.uk\/2\/hi\/health\/8367141.stm<\/a><\/p>\n<p><strong>Will the jumbo market ever come back?<\/strong> I, for one, believe that it will. Obviously many banks offer the product through their retail branches \u2013 it earns them a very nice spread versus their cost of deposits. Things are a little iffier through the correspondent channel, but moving in the right direction. <strong>Chase, for example, offers non-agency product to eligible Chase clients<\/strong>.<\/p>\n<p><strong><a href=\"http:\/\/www.mortgagenewsdaily.com\/channels\/pipelinepress\/11202009-jumbo-suntrust-chase-gmac.aspx\">More news about Chase, GMAC Correspondent, D.R. Horton, Suntrust, stock and bond markets, more on short sales, and joke of the day &lt;&lt;&lt; CLICK HERE<\/a><\/strong><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=LXdGzJySbtM:__BmMXQT3zA:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=LXdGzJySbtM:__BmMXQT3zA:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=LXdGzJySbtM:__BmMXQT3zA:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=LXdGzJySbtM:__BmMXQT3zA:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=LXdGzJySbtM:__BmMXQT3zA:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=LXdGzJySbtM:__BmMXQT3zA:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=LXdGzJySbtM:__BmMXQT3zA:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/LXdGzJySbtM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 One top ex-secondary guy wrote to me and said, &#8220;Things I sort of miss hearing in mortgage banking: &#8220;What are rates gonna do tomorrow?&#8221; &#8220;Why is IndyMac a point better than we are?&#8221; Anything associated with &#8220;Did you hear what they said on CNBC this morning&#8230;&#8230;.?&#8221; &#8220;How come I&#8217;m losing money on the hedge?&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-47501","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/47501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=47501"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/47501\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=47501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=47501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=47501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}