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Jan 28, 2012 - 01:32 AM  
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spacer.gif   Info: 2012 Membership Drive
Posted by: christinawiley on Thursday, December 29, 2011 - 12:00 AM
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  Mortgage News
67 Reads

This is an unprecedented time in our industry. Now more than ever it is important to stay abreast of the latest industry developments. By becoming a member of your local MBA we will be your source for all issues affecting your business, today and tomorrow.
MBA of NENY offers three categories of membership. Please select the appropriate category to assess application and benefit information:

A. Corporate Membership $350: A corporate membership is for all lending institutions which will allow an unlimited number of employees of your organization to attend meetings and special events. This will provide the member with the flexibility to send employees based upon their interest in an event or topic.

B. Affiliate Membership $450: Affiliate members are all individuals or corporations that are not lending institutions. With your paid membership to the MBA, Affiliate Members will receive advertising and sponsorship including: -Sponsorship of two regular events ($200 Value).-Recognition o­n our website as an affiliate member-Opportunity to advertise o­n our website.

C. Individual or Small Corporate Membership $175: Individual or small corporate memberships are for individuals or lending businesses with less than 5 employees.

Renew or become a member today!
Register o­nline at "http://www.mbaneny.com/events/home"

Download the 2012 Membership Application by selecting the Membership Form link in the left margin of the homepage.

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spacer.gif   How to Know When the Euro Crisis Reached a Tipping Point
Posted by: brian.garis on Monday, December 05, 2011 - 04:58 PM
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  Information
108 Reads

By: Michael Sivy
http://moneyland.time.com/2011/11/29/how-to-know-when-the-euro-crisis-reaches-a-tipping-point/#ixzz1f6GiWyTO?xid=rss-business

Two huge financial dangers that still seemed somewhat unlikely a few months ago now appear hard to avoid. First, the common euro currency is in deep trouble, and European governments are frantically trying to save it. Second, the chances of a worldwide recession are increasing because of these attempts to stave off the euro’s collapse. Although the problems have been going on for some time, they’re about to get much worse. To know when the crisis is reaching a tipping point, keep your eye on global government bond yields.


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spacer.gif   Can the Federal Reserve get banks lending?
Posted by: brian.garis on Friday, September 23, 2011 - 10:29 AM
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  Mortgage News
249 Reads

By Annalyn Censky @CNNMoney September 23, 2011: 9:03 AM ET

NEW YORK (CNNMoney) -- The Federal Reserve wants consumers to apply for more mortgages and businesses to take out more loans, in order to boost the sluggish U.S. economy.

At least, that's the thinking behind Operation Twist, a policy announced by the Fed Wednesday that's meant to drive down long-term interest rates, thereby making it cheaper to borrow.

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spacer.gif   Mortgage rates hit record low: 30-year fixed nears 4%
Posted by: brian.garis on Thursday, September 15, 2011 - 04:39 PM
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  Mortgage News
322 Reads

NEW YORK (CNNMoney) --
By Les Christie September 15, 2011: 3:25 PM ET
Mortgage rates hit yet another record low this week amid ongoing economic concerns both at home and in Europe.

The average rate for a 30-year, fixed-rate loan fell to 4.09% this week, it's lowest level in 60 years, according to mortgage giant Freddie Mac. Last week, the 30-year fixed averaged 4.12%. The average rate for a 15-year fixed mortgage -- a popular option among those who wish to refinance -- sunk to 3.30%, down from 3.33% last week, the mortgage giant said.


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spacer.gif   Info: 10-year Treasury yield hits record low! (again)
Posted by: brian.garis on Friday, September 09, 2011 - 03:22 PM
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  Information
329 Reads

NEW YORK (CNNMoney)
By Blake Ellis September 9, 2011: 2:21 PM ET -- The yield on the benchmark 10-year Treasury note dropped to a record low on Friday, as worries about European debt, a weak U.S. economy and anticipation of a new round of quantitative easing boosted the appeal of Treasuries.

As Treasury prices soared, the 10-year yield slipped as low as 1.89% on Friday, from 1.99% late Thursday.

Richard Bryant, head of Treasury trading at MF Global, said a triple-whammy of fear has had a pressure-cooker affect on the market, leading yields to hit new lows.


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  Other Stories

· 2012 Membership Drive (Dec 29, 2011)
· How to Know When the Euro Crisis Reached a Tipping Point (Dec 05, 2011)
· Can the Federal Reserve get banks lending? (Sep 23, 2011)

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  Past Articles

Wednesday, August 31
·How to rescue the housing market: Foreclosures! (0)
Thursday, August 18
·10-year Treasury yield hits record low (0)
Wednesday, August 03
·MBA Comments Regarding Proposed Credit Risk Retention Regulations (0)
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