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Liquidgirl
104 Posts |
 Posted - 08/28/2008 : 3:55:50 PM
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| Do not get me wrong I love the advice but are the stories getting a little nuts? |
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SoCalRay
2698 Posts |
Posted - 08/28/2008 : 3:59:35 PM
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on here?
Or another blog? |
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kmikkola
794 Posts |
Posted - 08/28/2008 : 4:03:26 PM
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| They are far more entertaining than the Wall Street Jounal |
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AGreene00
2820 Posts |
Posted - 08/28/2008 : 4:24:38 PM
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| Float Club! |
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vburek
522 Posts |
Posted - 08/28/2008 : 4:45:52 PM
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| Long live Float Club!!!!!!! |
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liverichly
3927 Posts |
Posted - 08/28/2008 : 4:48:46 PM
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| Rule #1, don't talk about Float Club. |
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acibella
618 Posts |
Posted - 08/28/2008 : 8:11:07 PM
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I think there's only so many ways you can say "looking at the stochastic chart, you should probably float, but at the same time GDP came in higher than expected. You also need to consider foreign appetite".... etc etc.
The moral of the story is, MBS market info is some of the most mundane and boring information on the planet for most people, including probably 95% of LO's in the business. Matt is just trying to keep what is an incredibly boring subject, interesting to the casual LO, while correlating the necessary story in an easy to read format.
No offense meant, but you can sign up for MMG if you want "Just the facts ma'am". Of course, Barry's dry, numbers driven sentiment will cost you about $60 a month. Oh yeah, and there's the fact that he's wrong on lock reco's about 40% of the time. But if you want nothing but pure numbers followed by "Alert to lock, bond falls" than maybe thats a better fit for you. |
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Liquidgirl
104 Posts |
Posted - 08/28/2008 : 9:28:58 PM
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quote:
Originally posted by acibella
I think there's only so many ways you can say "looking at the stochastic chart, you should probably float, but at the same time GDP came in higher than expected. You also need to consider foreign appetite".... etc etc.
The moral of the story is, MBS market info is some of the most mundane and boring information on the planet for most people, including probably 95% of LO's in the business. Matt is just trying to keep what is an incredibly boring subject, interesting to the casual LO, while correlating the necessary story in an easy to read format.
No offense meant, but you can sign up for MMG if you want "Just the facts ma'am". Of course, Barry's dry, numbers driven sentiment will cost you about $60 a month. Oh yeah, and there's the fact that he's wrong on lock reco's about 40% of the time. But if you want nothing but pure numbers followed by "Alert to lock, bond falls" than maybe thats a better fit for you.
I ment Crazy GOOD! You guys do know there is a differnce between good crazy and bad crazy! LOL |
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mgraham224
1008 Posts |
Posted - 08/29/2008 : 07:03:49 AM
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As long as it's crazy good, I guess I'm OK with it.
Actually, I think the off-the-wall analogies have decreased significantly in the past few months. but all that's aside the point.
If it does not make you drunk with excitement to see the 6.0 crest and hold the 101-00 level after 3 months in the summer doldrums, then YOU are the crazy one!
Just kidding, btw, I think I actually called attention to the analogy.
Besides, why the heck are we talking about float club?! Granted, I have the right, but no one else talks about float club!
Thank you, float club members for you support and quickness to cite the rules. You will be rewarded! |
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jlgyork
308 Posts |
Posted - 08/29/2008 : 07:24:42 AM
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| I just want to take a second to thank you Matt for the information you provide, as confusing and entertaining as it is. I still consider myself pretty young in this business with only 3 years under my belt, but I am not like the average 3 year old broker. I actually sell myself and my service, and I love to learn. I used to just lock when it seemed good, and I didn't have any science to it, and if rates got better I would just switch to a different lender. It was a naive way of thinking, but it was working for me. Since I have started using MND, I have really honed down my skills and perceptions of how rates and pricing are affected and I can talk pretty intelligently about why and how rates are changing. Your blogs have given me more confidence and a better understanding of this complicated market we are in. I just wanted to say thanks for the help and keep it up with the odd analogies. It at least makes the reading a little lighter and interesting. |
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jlgyork
308 Posts |
Posted - 08/29/2008 : 07:28:09 AM
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| The only problem with your blog information is that is addicting. I find myself hitting the refresh button like every 5 minutes, and if more then an hour passes between updates, I'm like, "Matt what the hell are you doing? Where are the updates?" Of course I assume you have absolutely no life and your sole purpose is to provide me with lock/float information. Thanks again for the help. |
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mgraham224
1008 Posts |
Posted - 08/29/2008 : 09:22:57 AM
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Jason, looks like your first blog post will have to go on the testimonial page. Don't know if it's going to be two weeks or two months or 4 months, but as soon as the actual blog site rolls out you'll have access to live data with the subscription.
Plus, I'm going to offer the "inner circle" members the ability to interact with me directly all 9 hours that the MBS market is open. Some respondents on this post have already been a part of the beta test on that and I think and hope to say that they see an incremental benefit is an understatement. Anyway, whatever ends up happening as far as the interface, you'll have more data and more tools to help you interpret it than you can possibly imagine.
If this sounds like over-promotion, just ask Burek or Cibella about some of the beta testing they've gotten to take part in. And they haven't even seen the suite of tools that's going to be released with 1.0.
I'm excited. The group of people is fun. I'll definitely give you a big discount by upcharging LiquidGirl! |
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acibella
618 Posts |
Posted - 08/29/2008 : 09:59:46 AM
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The 'beta' is bad A**. You can quote that, write it on a billboard, send it to my mother, whatever you like - I'll stand behind that statement every day of the week.
I currently do, and have for awhile subscribed to Mortgage Market Guide. It's not an understatement to say that twice a week I email Matt asking him when the full site will be up so I can stop paying Barry and start paying him. The mortgage rates blog is great info, but from what I've seen of Matt's plans - it's not even the tip of the iceberg as far as what he has planned for us. |
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mgraham224
1008 Posts |
Posted - 08/29/2008 : 10:10:16 AM
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| where do you want your check mailed Antonio? |
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acibella
618 Posts |
Posted - 08/29/2008 : 10:13:58 AM
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quote:
Originally posted by mgraham224
where do you want your check mailed Antonio?
Haha. I wish! Seriously to all reading, the new site is gonna be incredible. If you are reading the blog now, I think you'll be blown out of the water when the new site rolls out. |
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mgraham224
1008 Posts |
Posted - 08/29/2008 : 10:39:33 AM
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just a few teasers:
- instant email alerts
- instant text message alerts
- instant phone call alerts
- choose from 3 alert levels ranging from "heads up," "some lenders might reprice, some might not," and "everyone's gonna reprice."
- enter your lender's rate sheet publish time for custom tailored lock advice based on where MBS was when the sheet was released
- custom lender recommendations based on your loan scenario and lock goals
- base membership can download mp3 of a morning conference call that I'll be doing with the "inner circle"
- gorgeous "dashboard" for the main screen with different guauges (meters, just like on a car) for volatility, volume, reprice for worse risk, etc...)
- FREE FREE FREE! marketing and business development support. No fluff, just good content on how to use MBS knowledge to increase client retention, etc....
- panel of experts which will include verified, but anonymous members of large wall street financial firms who are either fixed income analysts, technical analysts, senior economists, senior MBS analyst, secondary desk managers, etc... (might not get everyone on board, but we already have several)
- custom tailored emails to clients that DO NOT look like a copy and paste from another website! (i.e. no "Brought to you by mortgage market gui.... uh I mean Mortgage News Daily.")
- Custom tailored emails specifically for AE's.
- Ad copy templates incorporating MBS specific knowledge you'll have
- ridiculous office discounts
- weekend "boot camps." (i fly to your office, do a 2 day coaching for staff, etc...
- "inner circle" - allows you to run a ts1 to my trade screens to you can see what I am doing during the day and watch me write blogs in real time, among several other cool benefits.
- truly live graphs and charts.
- as opposed to just candlesticks and moving averages, over 10 different technical charts run on MBS every day.
- Continued extra amount of op-ed (i.e. "some other guy" said the meltdown was over in 2007 whereas I said it was just getting started. That was my opinion based on data, it just happened to be dead on whereas the guy takin' 50-100 bucks a month out of your pocket was wrong.
- Price Guarantee: if you can demonstrate that you lost money on my advice, all fees waived.
- one company a month can sign up for "profit makeover." I'll fly out for a month, set up a temporary office in your office and oversee all locks/floats in your companies pipeline along with the MBS ninja. Of course volume would have to be over 5 million a month for this to make sense, and there are a lot of details I can't go into here.
- Ability for inner circle members to speak and ask questions and even offer their own insights on conference calls.
- consensus estimates on MBS price levels from a panel of experts.
- live economic news alerts
- distributor commissions (tell a friend, save some money)
- articles pertaining specifically to MBS that will not be published on main MBS website.
- consumer power pack to offer clients: consumers get 3 free months to blog, and huge edification from us to youse someone who is in tune with the MBS market, such as yourself.
live MBS ticker, widger=t
the list goes on.
Yea |
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