The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
Treasury prices rose on Monday, pushing 10-year yields to a record low, as worries about Spanish regional debt forcing the country to ask for a bailout, and rising Spanish and Italian bond yields, sent investors towards relative safe havens including U.S. bonds.
Until a client sent us a clipping today, I had never heard the term “Legal Abuse Syndrome.” If you look in the Diagnostic and Statistical Manual of Mental Disorders, you won’t find the term. Not Yet. The DSM is the official “blue book” used by mental health professionals. Whereas many of the CEOs of major banks and lenders probably qualify as sociopaths, we now have a title for those suffering from their heavy-handed tactics.