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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Aug. 23: Mortgage jobs; foreclose timelines; VA Net Value change; bank & credit union M&A rolls on unabated

When S&P downgraded the United States (remember that?), it did absolutely nothing to Treasury rates, and certainly didn’t seem to motivate Congress to do much about it. Now we have word from Moody’s that it may downgrade a plethora of U.S. banks: http://www.bloomberg.com/news/2013-08-22/moody-s-mulls-downgrade-of-biggest-banks-as-u-s-support-wanes.html.   I like dogs. Maybe I should move to Detroit and bring…

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