HJ Sims

Market Commentary 02/14/2012

When we hear the expression “everything old is new again” we might think of vintage cars, jazz clubs, Betty White, or bell-bottom jeans. This week, it’s the only way to describe our bond market and political climate.

Market Commentary 02/07/2012

Fresh off the FOMC’s re-affirmation of low interest rates, the capital markets resumed trading with a now familiar positive rate bias — until last Thursday, that is. When employment and payroll numbers were released, the data caught the markets by surprise.

Market Commentary 01/31/2012

The bond markets erased several days of reversals from last week and have bounced back on another strong track.

Municipal Bond Credit Outlook for 2012

In late 2010, the tax-exempt municipal bond market was rocked by a prediction of “hundreds of billions of dollars” of municipal bond defaults in 2011. How did that prediction fare, now that 2011 is over?

The 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.

Harrisburg 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.

Sims 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.

Saving 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.