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News

It's may be a holiday-shortened week but there will be plenty of catalysts to impact Treasuries; Thursday's release of the June jobs report is eagerly awaited by traders; volume expected to be thin ahead of the July 4th holiday...

(6/29/2009)

Tuesday's Consumer Confidence Report will give us an idea of how recent economic news is influencing consumers and may provide a clue as to whether consumer spending is likely to continue. On Thursday, initial jobless claims will be closely monitored as last week's print was worse than projected and many are curious about this week's numbers. The June jobs report will also come out on Thursday due to Friday's market close ahead of the Fourth of July holiday. Remember...weak economic data typically cause funds to flow out of stocks and into the relatively safer bond market which, in turn, helps mortgage rates improve...while strong economic news usually has the opposite effect.
Economic data on tap this week; June jobs report hits screens Thursday due to Friday's market close ahead of 4th of July holiday...

(6/28/2009)

Tuesday (Consumer Confidence, S&P/Case-Shiller at 9:00am; Chicago PMI at 9:45am); Wednesday (ADP Employment Change at 8:15am; Construction Spending, ISM Index, Pending Home Sales at 10:00am); Thursday (Jobs Report, Initial Jobless Claims at 8:30am; Factory Orders at 10:00am).
Manhattan Mortgage President/CEO Melissa Cohn and 6 Manhattan Mortgage brokers recognized by Mortgage Originator Magazine in 2009 list of Top 200 Mortgage Originators in the country...

(4/6/2009)

Melissa Cohn and and the following mortgage brokers were recently honored by the editors of Mortgage Originator Magazine by being named to the publications's 2009 list of the Top 200 Mortgage Originators in the nation for last year's production:

MELISSA COHN: #1 in the nation in both Volume and Number of Loans

BRUCE MAASBACH

BETH DIVNEY

VICTOR ANGEL

HAROLD SOKOL

GREGORY SOCHA

SHAUL BETESH

What The Media Is Saying