[whitedog57]

10 yr Treasury falls to 1.77%.

http://confoundedinterest.wordpress.com/2012/05/14/med-uncertainty-greek-and-spanish-yields-spike-10-yr-us-treasury-futures-highest-on-record/

[HereInTheHeartland]

It’s keeping me busy. This industry is a real pain in the butt at times; but it’s busy.
Better than the alternative

[Elle Bee]

be sure of what you're getting .... just saying ..

Florida Supreme Court hears landmark foreclosure suit

....Legal experts say the lawsuit is one of the most important foreclosure fraud cases in the country and could help resolve an issue that has vexed Florida's foreclosure courts for the past five years: Can banks that file fraudulent documents in foreclosure proceedings voluntarily dismiss the cases only to refile them later with different paperwork? The decision, which may take up to eight months, could influence judges in the other 26 states that require judicial approval for foreclosures.........

........ If the state Supreme Court rules against the banks, "a broad universe of mortgages could be rendered unenforceable," said former U.S. Attorney Kendall Coffey, author of the book, "Foreclosures in Florida."......

........"Voluntary dismissal shouldn't be used as a shield for fraud," said Lundergan in one response. "It sets up a system where every litigant is condoned and encouraged to lie, cheat and steal, knowing that if they are caught, they can simply voluntarily dismiss and absolve themselves from that fraud."…….

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[DuncanWaring]

The gift from the European fiasco is the gift that keeps on giving if you are in the market for a mortgage for purchasing or refinancing.

Though if you're trying to save for oh, I dunno, retirement or something, and want to get some sort of return on your investment above the risk premium, you're absolutely f*cked.

[Kenny500c]

“Bond yields are of 7/32 this morning”

Do mean bond prices are up 7/32?

Bond yields are quoted in decimals and are down this morning.