Market Commentary 01/31/2012
The bond markets erased several days of reversals from last week and have bounced back on another strong track.
moreMarket Commentary 1/24/2012
After weeks of enjoying the continued “flight to quality” and record-setting auction results, last Wednesday Treasury yields rose. On Monday, the 10 year and the 30 year Treasury bonds opened at yields of 2.04% and 3.11 % respectively after having touched their lows of the previous week, 1.89% and 2.94%
moreThe HJ Sims’ Outlook for 2012
Operating from the poor economic environment of the last few years, the industry has proven remarkably resilient – focusing simultaneously on improved customer service, lower operating expenses and more effective marketing.
moreHarrisburg and Jefferson County Bankruptcies are Old News
News of yesterday’s bankruptcy filing by Jefferson County Alabama, less than a month after Harrisburg Pennsylvania filed for bankruptcy, is sure to send shock waves to investors in the tax-exempt municipal bond market.
moreSims Saves Methodist Retirement Community 250 Basis Points in Interest for Rental Facility
HJ Sims, as financial advisor, supervised the remarketing of $18,790,000 of Methodist Retirement Community’s Series 2001 bonds, which were converted from an adjustable interest rate mode to a weekly mode.
moreSaving Debt Service, Funding Capital Expenditures and Generating Cash in Affordable Housing Communities
Sims Mortgage Funding (SMF) ended 2011 and started 2012 on high notes by closing in slightly over one week $12,089,000 of FHA-insured loans for affordable housing projects in New York and Florida.
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