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Public Notices - Columbia Star
thecolumbiastar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecolumbiastar.com Daily Mail and Mail on Sunday newspapers.
Public Notices - Columbia Star
thecolumbiastar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecolumbiastar.com Daily Mail and Mail on Sunday newspapers.
I was walking down North Wabash in Chicago yesterday and a beggar (is that politically correct?) yelled out at me, “You’re the reason this country has to put directions on cereal boxes!” Simple things like cereal boxes, shampoo, or soup didn’t used to have directions, but things are always changing. Including our industry. Another non-QM company appears to be exiting: As one AE wrote, echoed by a few others, “Athas Capital Group is shutting down its doors. We will be open for about two more months to fund out our remaining loans in the pipeline. But we are not allowed to submit any newer loans.” For confirmation or details, you should contact Athas Capital or your AE. Certainly the Agencies (namely Freddie Mac and Fannie Mae) are always changing, and Chicago is one of six cities (along with Atlanta, Baltimore, Detroit, Memphis, and Philadelphia) that are targeted by Fannie Mae for an Equitable Housing Finance Plan. Freddie has a similar plan wi
Denver’s airport has the longest runway in the U.S. at 16,000 feet (3 miles). As thousands of vendors, with some lenders thrown in for good measure, and me, head to Nashville for the MBA’s conference this weekend through next Wednesday, I am reminded of a bit of air travel trivia. Namely, if a commercial pilot seems to land quickly and taxi off the runway as soon as possible, generally that pilot’s background is Navy. If the pilot lands gently and taxis for a bit, that pilot was trained in the Air Force. The reasoning? Many Navy pilots were trained to land abruptly on carriers. The economic backdrop for this year’s event is not pretty. And in our biz, concerns about a potential recession and other issues are prompting some investors to sell mortgage securities known as credit-risk transfers that are packaged by Fannie Mae and Freddie Mac. The trend has sent the securities' prices lower and widened the yield spread when compared with Treasury bonds. T
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