Comments on: Fed Funds Rate now at 4.25% http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/ Seattle's Leading Resource for Real Estate Information Thu, 18 Mar 2010 03:20:05 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Jillayne Schlicke http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-227962 Jillayne Schlicke Sat, 15 Dec 2007 19:42:19 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-227962 One of my students sent me this email regarding WaMu Bellevue Wholesale: "They fired all Long Beach employees that were transferred to WAMU conforming reps in Sept. and the Bellevue's Home loan center will shut by the end of Feb. 08." One of my students sent me this email regarding WaMu Bellevue Wholesale:

“They fired all Long Beach employees that were transferred to WAMU conforming reps in Sept. and the Bellevue’s Home loan center will shut by the end of Feb. 08.”

]]> By: Don Greenup http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-227889 Don Greenup Sat, 15 Dec 2007 15:49:43 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-227889 Washington mutual will not be around a year from now nor will countrywide. They will be bought and not at premiums. The toxic portfolios make these great shorts if your into such a thing. Commercial credit market spreads are indicating continued turmoil. We are in the second or third inning on this unfortunately. Washington mutual will not be around a year from now nor will countrywide. They will be bought and not at premiums. The toxic portfolios make these great shorts if your into such a thing. Commercial credit market spreads are indicating continued turmoil. We are in the second or third inning on this unfortunately.

]]> By: Ubersalad http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226671 Ubersalad Thu, 13 Dec 2007 02:17:46 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226671 This is a pretty serious matter for wholesale brokerage altogether if WAMU closes their most profitable wholesale office. Next thing you know CWBC is closing, too... This is a pretty serious matter for wholesale brokerage altogether if WAMU closes their most profitable wholesale office. Next thing you know CWBC is closing, too…

]]> By: Rhonda Porter http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226659 Rhonda Porter Thu, 13 Dec 2007 01:33:47 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226659 Ubersalad, <a href="http://seattletimes.nwsource.com/html/businesstechnology/2004064745_wamu11.html" rel="nofollow">here's an article on WaMu and proposed closures</a>. It does not specifically say the Bellevue wholesale office. How would you like to be an employee for WaMu right now? NOT. Ubersalad, here’s an article on WaMu and proposed closures. It does not specifically say the Bellevue wholesale office. How would you like to be an employee for WaMu right now? NOT.

]]> By: Rhonda Porter http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226654 Rhonda Porter Thu, 13 Dec 2007 01:13:28 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226654 Ubersalad, it's been over four years since I've sent a loan to WaMu so I don't know. If I hear anything, I'll let you know. Ubersalad, it’s been over four years since I’ve sent a loan to WaMu so I don’t know. If I hear anything, I’ll let you know.

]]> By: Ubersalad http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226633 Ubersalad Wed, 12 Dec 2007 23:57:01 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226633 Hey Rhonda, Is this correct, WAMU closing Bellevue wholesale office? Hey Rhonda,

Is this correct, WAMU closing Bellevue wholesale office?

]]> By: Don Greenup http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226614 Don Greenup Wed, 12 Dec 2007 22:59:20 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226614 SORRY my comment was regarding the FEDS plan which is silly...... as previous post. The problem is not liquidity the problem is solvency. SORRY my comment was regarding the FEDS plan which is silly…… as previous post.

The problem is not liquidity the problem is solvency.

]]> By: Don Greenup http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226612 Don Greenup Wed, 12 Dec 2007 22:48:59 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226612 Silly proposal - tried before ( Japan ), and years of deflation followed. They need to let the market purge the excesses. The longer things are delayed the worse it will become. Silly proposal – tried before ( Japan ), and years of deflation followed. They need to let the market purge the excesses. The longer things are delayed the worse it will become.

]]> By: Rhonda Porter http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226472 Rhonda Porter Wed, 12 Dec 2007 16:04:47 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226472 Tim, you MUST have a crystal ball. ;)    The markets are up a couple hundred this morning with <a href="http://www.federalreserve.gov/newsevents/press/monetary/20071212a.htm" rel="nofollow">the Fed's plan to inject liquidity into the markets</a>. Tim, you MUST have a crystal ball. ;)     The markets are up a couple hundred this morning with the Fed’s plan to inject liquidity into the markets.

]]> By: Shane http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226436 Shane Wed, 12 Dec 2007 14:43:18 +0000 http://raincityguide.com/2007/12/11/fed-funds-rate-now-at-425/#comment-226436 How dare you question Da Fed. They will save us, you just wait. How dare you question Da Fed. They will save us, you just wait.

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