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Monday, 01/01/2024 3:12:08 PM

Monday, January 01, 2024 3:12:08 PM

Post# of 728343
I expect 2024 to be very big for escrows and COOP.

Why? The FED needs to pump liquidity into the market so Wamu escrows pumping billions into the economy will give it a big shot in the arm.
Mortgage rates will start to edge down because the markets want the current administration to stay in power....and need to get the economy moving going into elections.
While there will also be turmoil I dont ascribe to the doomsday soothsayers.
Once escrows get the first salvo from Libor, the waterfall floodgates will open.
So dont worry. We may be very close to money finally coming.
I may be wrong but my gut tells me the R is close to closing.
Happy 24. Let's hope this is the best year of our lives.
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