The data pertaining to the housing market continues to be strong.  Morningstar offers some nice commentary in regards to this.  Inventories are declining rapidly particularly for new homes.  This should bode very well for the financials and the mortgage market in general. http://www.morningstar.com/Cover/videoCenter.aspx?id=555138 INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR...Read More

AIG CEO Robert Benmosche continues to show his leadership stripes by looking to get more aggressive into the mortgage market.  In this FT article Benmosche suggests that the company is looking to buy the mortgages that their subsidiary United Guaranty Corp is insuring.  United Guaranty has modified risk based pricing and is reviewing each loan...Read More