Sat, Oct 25, 2014, 6:13 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Annaly Capital Management, Inc. Message Board

  • davecharles2901 davecharles2901 Sep 8, 2011 10:26 PM Flag

    EVERYBODY CHILL ON THIS REFI..........

    People still will have to qualify to get current rates/Congress will not allow any kicking in NEVER nor will Obama suggest such a move..........the people that want to refi already has seconds or home equity loans..............WORRING ABOUT NOTHING AS ALWAYS

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You keep stumbling over pebbles on the way to misunderstanding. The loan to value ratios and qualifications were a Barney Freak invention that passed in Sept 2009 just when refi-ing those bad loans might have helped fringe players in the mortgage game that still had jobs. They barred to the door to too many bad loans too late.

      All Fed loan makers have to do is roll back those standards to make a few more ineligible eligible, which was the reason why Freddy and Fannie exist. Frankly, you don't cure the blood loss, by locking up the blood bank, so it makes sense.

      This is a Freddy Fannie Presidential discussion and action, not a Congressional one, so Oblamer doesn't have to pull his Boehner to get this moving.

      On the other hand, REITS have backed off 30% since the peak--where else would you go for this kind of yield?

      So chill out, sell some covered calls, and average down.

 
NLY
11.36+0.07(+0.62%)Oct 24 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.