 |
| 30 Yr Fix |
6.01% |
-0.04% |
| 15 Yr Fix |
5.60% |
0.00% |
| 1 Yr ARM |
5.18% |
-0.11% |
| 5/1 ARM |
5.57% |
-0.10% |
| 30 Yr Tres |
4.58% |
-0.06% |
| Fed Prime |
5.00% |
-0.25% |
|
|
|
|
 |
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NOVEMBER 2007 MORTGAGE NEWS
Current State of the Mortgage Market
Thu, 1 Nov 2007 11:42:07 EST
An in depth look at an industry in crisis through the eyes of mortgage broker Matthew Graham.
NY Attorney General Files Appraiser Fraud Suit Against First American
Fri, 2 Nov 2007 09:53:50 EST
Andrew Cuomo has brought suit against a big appraisal management company charging collusion with a major lending client that may have contributed to the foreclosure crisis.
HR 3915 Addresses Many Aspects of Predatory and Other Mortgage Lending
Mon, 5 Nov 2007 08:35:03 EST
The House Financial Services Committee is slated to vote Tuesday on HR 3915, a bill to regulate mortgage lending. Interested parties are coalescing on both sides of the issue.
HR9315 Passes To Full House For Consideration
Wed, 7 Nov 2007 07:36:51 EST
The House Financial Services Committee Tuesday night overwhelmingly approved legislation to regulate mortgage brokers and their products.
Mortgage Rates Back To May 2007 Levels
Wed, 7 Nov 2007 08:56:10 EST
Weekly Mortgage Survey
WaMu Troubles Mount While Fortunes and Stock Tumble
Thu, 8 Nov 2007 09:27:01 EST
Washington Mutual troubles on two fronts help send the stock market into free fall.
H.R. 3915: a FRANK Discussion
Thu, 8 Nov 2007 14:25:18 EST
A FRANK discussion of HR 3915.
OFHEO Director Weighs In On Cuomo Probe
Fri, 9 Nov 2007 09:54:23 EST
New York Attorney General gets politely spanked by OFHEO Director for messing with Freddie and Fannie.
Lending Survey Indicates Tightened Standards, Lower Demand
Mon, 12 Nov 2007 13:06:22 EST
Federal Reserve report contains no surprises about tightened lending standards; the drop in demand, however, may be news.
E-Trade Suffers Subprime Wrath
Tue, 13 Nov 2007 07:32:15 EST
Even on-line brokerage companies are susceptible to sub-prime woes - and E-Trade may be skating on very thin ice.
PMI Insurers May Owe Thanks To Piggy-Back Mortgages
Tue, 13 Nov 2007 08:44:10 EST
Private mortgage insurers bound to take a big hit as foreclosures mount but their competition may have spared them from catastrophe.
Zillow to Nationalize Local Real Estate Advertising
Tue, 13 Nov 2007 15:08:40 EST
Zillow is always thinking and its newest feature will involve some of the largest publishing companies and 282 newspapers.
Mortgage Rates Ease for Fourth Straight Week
Thu, 15 Nov 2007 09:35:17 EST
Weekly Mortgage Survey
Housing and Credit Woes Continue to Weigh on Wall Street
Mon, 19 Nov 2007 16:53:52 EST
NAHB reports builder confidence still in the dumps while Citi and Lowes bring down the stock market with yet more bad news.
HR 3915 - Getting Warmer
Tue, 20 Nov 2007 09:56:48 EST
HR 3915 has passed the House with changes but it still may be harmful to for more people than it will help.
Housing Starts? Hold the Applause!
Tue, 20 Nov 2007 10:36:05 EST
Construction starts move up a little in October but the improvement is in multi-family construction; single family starts continue decline.
Mortgage Rates Steady Among Mixed Economic News
Wed, 21 Nov 2007 10:43:38 EST
Weekly Mortgage Survey
GSEs Reported Losses Mean They Are Not the White Knight Some Had Hoped
Wed, 21 Nov 2007 14:19:33 EST
Freddie Mac and Fannie Mae are latest to announce mega-losses in the housing crunch and Freddie admits it may drag on for another two years.
Realius - Bringing Joy Back To Real Estate?
Mon, 26 Nov 2007 09:51:03 EST
New website offers games to engage buyers, sellers, and agents in what used to be an interesting and sometimes fun pastime - dabbling in real estate.
Citigroup Knocks Builder Stocks and Takes Hit of Their Own
Mon, 26 Nov 2007 15:13:09 EST
Citigroup analyst sees long term problems for home builders and market thinks that Citi has major problems of its own.
Senator Schumer Seeks Probe of FHLB Loans to Countrywide
Mon, 26 Nov 2007 16:27:30 EST
Senator Chuck Schumer sent a letter to the FHLB of Atlanta expressing concern of the volume of advances to Countrywide Bank.
2008 Conforming Loan Limit Announced By OFHEO
Tue, 27 Nov 2007 08:10:11 EST
OFHEO Director James B. Lockhart announces the 2008 conforming loan limit.
Two New Reports Deepen Housing Gloom
Tue, 27 Nov 2007 14:14:11 EST
U.S. Conference of Mayors lays out the potential economic impact of the housing slump and foreclosure crisis on its cities and Case-Shiller index takes a dive.
Wells Fargo Bank is Latest to Announce Mortgage Woes
Wed, 28 Nov 2007 09:46:00 EST
Wells Fargo Bank announces big mortgage related loan losses. There just cannot be many more shoes to drop -can there?
Mortgage Rates Continue To Inch Down With One Glaring Exception
Wed, 28 Nov 2007 15:03:56 EST
Weekly Mortgage Survey
New Home Sales Report More Upbeat Than That For Existing Homes
Thu, 29 Nov 2007 15:37:41 EST
Existing home sales continue to trend downward, but there are a few rays of hope in the Census Bureau report on new home sales.
OFHEO Home Price Index Down For First Time In 13 Years
Fri, 30 Nov 2007 10:24:38 EST
The OFHEO quarterly report on same house sales shows a decline in prices nationally but notes that prices continue to rise in many parts of the country.
Treasury Department May Broker A Deal For Subprime Borrowers
Fri, 30 Nov 2007 10:36:14 EST
Rumors abound that the Treasury Department and many big mortgage players may move to help at least some homeowners avoid foreclosure.
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