Albany Funding, Inc.

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ALBANY FUNDING ANNOUNCES NEW BRANCH OFFICE NEAR SYRACUSE!!!!!!!

While many other brokers are closing up shop in light of the diffucult times in the mortgage industry, Albany Funding has expanded to Central NY. The NYS Banking Department has officially approved our new branch location at 501 Genesee St. Chittenango, NY 13037. Former president of Professional Funding Associates, Connie_Bixby, has been appointed Branch Manager for the new location and is looking to recruit Loan Originators. Connie has over 16 years experience in the mortgage industry. Bob Freunscht also works in the Cittenango, NY office a a Mortgage Loan Originator. Bob joins the team with over 32 years of Real Estate experience. Together thier superior customer service and extensive industry knowledge are the perfect compliment to Albany Funding team. You may contact Connie or Bob at (315) 687-5500.

Pre-Qualify with Connie

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MBS MORNING: Losing Ground As Benchmarks Back Up	March 10, 2010
Posted To: MBS Commentary 4.5 MBS down 6 ticks to 100-26	Read More

Underwriters: Loan Quality Still in Need of Improvement; Interesting FICO Score Data; Will the Fed sell their MBS Holdings?	March 10, 2010
Posted To: Pipeline Press At the last company Christmas party, loan agents lined up on one side of the room and the underwriters on the other side. The loan agents throw fire cracker at the underwr	Read More

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Posted To: MBS Commentary Good Morning. I've had some	Read More

The Day Ahead: Inventories, Budget Statement, Treasury Auction	March 10, 2010
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Explaining The MBS Settlement Process	March 09, 2010
Posted To: MBS Commentary 10yr Notes progressively improv	Read More

Commercial and Multifamily Mortgages Outperforming Overall Bank Holdings	March 09, 2010
Posted To: MND NewsWire Commercial and multifamily mortgages continue to have the lowest rates of charge-offs of any loan types at banks and thrifts and perform better than the overall loan portfolios at those institutions acco	Read More

HUD Enforcing Job Creation Requirements for State and Local Governments	March 09, 2010
Posted To: MND NewsWire The Department of Housing and Urban Development	Read More

MBS AFTERNOON: Potential Reprices For The Better	March 09, 2010
Posted To: MBS Commentary MBS Off To The Races with 4.5's up 8 ticks to 101-15! 10yr up 5 ticks on the day dropping yield to 3.70 (through post auction resistance) Reprices for the better = highly likely From	Read More

Risk Weighted Returns; Warehouse Lending Credit Manager Needed; Subprime Analysts Lost; Bank News	March 09, 2010
Posted To: The Garrett Watts Report We commented last week how	Read More

MBS LUNCH: 3 Year Note Auction Results And Reaction	March 09, 2010
Posted To: MBS Commentary Immediately following the 3yr Treasury Note auction, treasuries weakened while MBS held steady. Since then, MBS have lost a few ticks, but the 4.5 remains positive on the day, up 1 tick	Read More

MBS MORNING: Fed President Reminds About Labor Market Weakness	March 09, 2010
Posted To: MBS Commentary I am kinda bummed no one laughe	Read More

Empty Econ Calendar Helps Mortgage Rates Hold Steady. Auctions Biggest Reprice Threat	March 09, 2010
Posted To: Mortgage Rate Watch After last week’s rates roller coaster ride that forced multiple reprices for the better and the worse, yesterday was quite boring. Mortgage rates held steady as prices of mortgage	Read More

Second Mortgages in the Spotlight; Reverse Repurchase Primer; My Opinion on Mortgage Rates After the Fed; Provident Cuts Interest Only	March 09, 2010
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MBS OPEN: Flight to Quality in Light Trading Volume	March 09, 2010
Posted To: MBS Commentary Good Morning. Happy Standardized Test Tuesday! My nephew has Maryland School Assessment tests today, we were pre-gaming this morning. I remember those days pretty well...mostly because t	Read More

The Day Ahead: Stocks Dip on Sovereign Debt Fears Abroad. Treasuries Get Flight to Quality	March 09, 2010
Posted To: MND NewsWire Equity futures are firmly lower this morning fol	Read More

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Posted To: MBS Commentary No material change since 10:30AM MBS 4.5's unchanged on the day at 101-07 10yr note 4bps higher on the day to 3.72 Stocks were up, down, up, closed flat No data tomorrow either, then	Read More

MBA: Servicing Specialists Should Not be Required to Obtain SAFE Act Licensing	March 08, 2010
Posted To: MND NewsWire The Mortgage Bankers Association (MBA), American	Read More

GSEs: Long Term Rates Again Below 5 Percent	March 08, 2010
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MBS AFTERNOON: Extremely Quiet Day Winding Down	March 08, 2010
Posted To: MBS Commentary ridiculously flat trading in MB	Read More

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MBS LUNCH: Support Found at Mid-Range Marks. Preparing for More Debt Supply	March 08, 2010
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The Ultimate Solution for the Appraisal Industry	March 08, 2010
Posted To: Community Commentary Since the inception of the Home Valuation Code of Conduct (HVCC) in May 2009, there has been much discussion, and misinformation, about the benefits and harm caused by t	Read More

Mortgage Rates Hold Near Best Levels of 2010 as Benchmark Yields Rise	March 08, 2010
Posted To: Mortgage Rate Watch I described last week as a roll	Read More

Credit Unions Expanding Loan Production; Ready for Buybacks?; Lender Rating Model; FHA Approval News; Four More Bank Failures	March 08, 2010
Posted To: Pipeline Press When I was a kid, I used to pray every night for a new bike. Then I realized that God doesn't work that way. So instead I stole a bike and asked Him to forgive me. Nei	Read More

MBS MORNING: Benchmark Rates Higher in Quiet Trading Environment	March 08, 2010
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Registered Mortage Broker / New York State Banking Department / Loans Are Arranged Through Third Party Providers
1720 Central Avenue Albany, NY 12205 ph: (518) 869-5890 fax: (518) 869-5948

501 Genesee St. PO Box 77 Chittenango, NY 13037 ph: (315) 687-5500 fax: (315) 687-5501
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