Maybe one day floss me a trial login and I'll surprise the WR...see some old faces. For non-mortgage kicks, here’s a site where you can take a virtual drive through dozens of cities around... With very little by way of significant data or events as far as financial markets are concerned, today's most interesting revelation will be FHFA's... Everything is relative when it comes to following day-to-day movements in mortgage rates . For shame, MG. With a string action gauge, the top of the bridge measured about 11/16" off the body (to be fussy about it: 43/64”). Since the tension of a string at any given pitch is directly related to the total length of the string, the vee delivers an odd pattern. The word STOP is important too because it A stoptail bridge (sometimes also called a stopbar bridge) used on a solid body electric guitar or archtop guitar is a specialized kind of fixed hard-tail bridge. I prefer to use a fixed bridge. Some differentiate between re-openings and refundings. Discuss the MBS and Mortgage Markets on Our Streaming Dashboard, Automated Mortgage and Real Estate Newsletters, MND Live! Black Knight said the total of loans in approved... All Content Copyright © 2003 - 2020 Brown House Media, Inc. All Rights Reserved. Annual price increases in September were quite literally off the charts . cowardm IP: Logged Status: Preferred Member Posts: 1,444 Join Date: 6/24/2004: My Godin is a string through and my Fernandes is a stoptail. Obviously I still read your stuff (as often as I can) and this was clearly a dynamic that needed to be dumbed down to my level. Here it is! The forbearance plan rolls expanded slightly over the past week, reversing two weeks of falling numbers. accept and the auction moves higher and higher in yield until all the money that balances demand with supply. A Treasury auction might have crushed expectations, but knowing and understanding that won't protect you from negative reprices if MBS are falling in spite of a strong auction. have a substantial financial incentive to identify correctly the price The first set are the normal yields that flash on your screen (and on TV, etc...) and then there's the "when-issued" market, which is like the market's bet on where the auction will BUT! Stop tail to string-thru conversion I was wondering if anyone has ever or had any info on converting a TOM bridge from stop tailpiece to string-through-body. There are a variety of wraparound bridge designs. Happy 2012! Sales of newly constructed single-family homes slipped slightly in October; the second month sales have declined. But I will add this to the new year's resolutions, and it's great to hear from you! gauge of demand in determining how to bid at an auction" and also helps Treasury by "stretching out the actual distribution period for each issue, Fixed now. "tail." In other words, if the yield stops at a HIGHER level than Although I'm not sure if it's much of an improvement from the original Greek, this was my answer, compiled and formatted for the blog: "When-Issued..." The Primary Means Of Establishing an Auction's Expected Yield, When it comes to talking about auction results, and especially the concept of "expected" vs "actual" results, there are now TWO different yields that come into play. connotation. There's another tricky connotation to be aware of with According to the "The Joint Report on the Government Securities Market" The threaded posts can be lowered or raised to increase or relieve the string tension at pitch. essentially a measure of how many dollars of bids were submitted (or "tendered") for each dollar auctioned. If dealers are able to sell to investors on a when-issued basis, it effectively puts the ball in the dealers' courts at auction to pick up the pre-sold supply, thus "concentrating bidding interest in the hands of market participants that Earlier today on MBS Live, after briefly discussing the results of today's 10yr Auction, a question came up basically asking if I could explain what I was talking about in English. The trading community's ONE guaranteed chance of the year for a 4.5-day weekend. This is mainly noticeable when bending as it causes you to push a little further to hit the target note. A variant of a stoptail bridge is the "wraparound." Gibson Guitar Corporation guitars tend to be most often associated with the stoptail bridge, especially the iconic Gibson Les Paul model, whereas Fender Musical Instruments Corporation guitars are most often thought of as vibrato bridges like the famous Stratocaster model. If you follow the MBS Commentary channel on this site, you will have already seen most of the following, but it's relevant for consumers as well. More simply, if there were $60 bln in bids but Treasury was only auctioning $20 bln, the BTC = 3.0. Freddie Mac on Track For 25% More Loans This Year, Most of Them... New Home Sale Refuse to Back Down From 14-year highs. This is not a universally accepted opinion and guitarists will argue over the virtues of stoptail, hard-tail and tremolo bridges probably for as long as they all exist. the word "stop." This is when the direction of the string path is reversed so that the strings are threaded through the leading edge of the stopbar then come out the rear and wrapped over the top of the stop bar. The The opposite of this sort of "stop through" is a "tail." The small distance of free string between the saddle and the tail stop have an effect on tone, as does the bearing angle of the string against the saddle. With top wrapping, I lower the stop all the way to the wood. But this article is great and really elucidates the central ideas well. The bar is mounted on top of the guitar body usually by means of sturdy threaded metal studs screwed into threaded sleeves embedded into the body of the guitar. Some on this post have complained about the string jumping of the saddle when top wrapping. Gain access to a powerful search engine and most accurate and timely mortgage industry originator and servicer rankings. RE: stop tail piece, or string through opinions? It's the running guess at where the auction's high-yield will stop. MBS Day Ahead: Without Any Surprises, It's Just Another Weekend... MBS RECAP: Fed Minutes Hurt MBS, But Not Quite As Badly As It... MBS Day Ahead: Unofficial Early Close Versus Fed Minutes That... MBS RECAP: Modest Weakness Persists as Markets Rotate Back Toward... Conforming Loan Limit Increases to $548,250, Mortgage Rates Little-Changed But The Fed Raises Some Doubts. No need to run the strings through the back of the guitar! This is when the direction of the string path is reversed so that the strings are threaded through the leading edge of the stopbar then come out the rear and wrapped over the top of the stop bar. Happy 2012 to you too!
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