Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
# of User Comments
Select a Date
Use the calendar to view news headlines from a specific date.
Today  |  Yesterday  |  Random
Bottom Right Default
State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj
Suggest a Story
Paste the URL of the story below to submit for editorial review and possible inclusion in ATW.
Please add 4 and 6 and type the answer here:
Leave this field blank.
What is Around the Web?
It is a continuously updated stream of news from around the web
Visit throughout the day for the latest breaking news.
» Click any link below to read more.
  • Wed, Feb 12 2014
  • 11:53 PM » Worst-Performing Treasuries for Sale Today in 30-Year Auction - Bloomberg
    Published Wed, Feb 12 2014 11:53 PM by Bloomberg
    Worst-Performing Treasuries for Sale Today in 30-Year Auction Bloomberg The Treasury Department is asking investors to buy the worst-performing part of the U.S. government debt market this month in a 30-year auction today. Thirty-year bonds have fallen 1.7 percent in February, Bank of America Merrill Lynch indexes show.
  • 11:52 PM » House To Vote To Ease Flood Insurance Rate Hikes
    Published Wed, Feb 12 2014 11:52 PM by The Huffington Post
    WASHINGTON (AP) - The No. 2 House Republican says the GOP-controlled chamber will vote later this month to ease some of the flood insurance premium increases hitting both coastal homeowners and people in inland flood zone. Virginia Republican Eric Cantor says the House measure won't go as far as a Senate-passed bill that amounts to a four-year delay of premium increases enacted less than two years ago. Those changes were intended to reform the much-criticized federal flood insurance program, which is about $24 billion in the red. But the Federal Emergency Management Agency's implementation of the reforms is threatening some homeowners with shocking premium increases that would make many people unable to afford their homes or sell them. Cantor says details on the House measure will come later.
    Click Here to Read the Full Article

    Source: The Huffington Post
  • 4:08 PM » Senate Banking GSE Reform Bill Nears Completion
    Published Wed, Feb 12 2014 4:08 PM by
    Senate Banking Committee leaders are expected to soon unveil their highly anticipated bipartisan bill to overhaul the mortgage finance market as the window for moving legislation this year continues to narrow. Chairman Tim Johnson, D-S.D., and Sen. Mike Crapo, R-Idaho, the panel's ranking member, are likely to release details of their bill within the next two weeks, according to several sources tracking the negotiations.
    Click Here to Read the Full Article

  • 4:04 PM » With Senate's OK, Debt Limit Bill Will Head To White House
    Published Wed, Feb 12 2014 4:04 PM by
    The Senate has voted to extend the federal debt limit, giving final congressional approval to a bill that is meant to cover the government's finances into 2015. The measure passed on a 55-43 vote.
  • 4:03 PM » Senate Banking postpones Yellen hearing
    Published Wed, Feb 12 2014 4:03 PM by Market Watch
    WASHINGTON (MarketWatch) -- The Senate Banking Committee announced Wednesday it has postponed the hearing with new Federal Reserve Chairwoman Janet Yellen that had been scheduled for Thursday. In a statement, the Committee said that it had not selected a new date for the hearing. After completing its work today, the Senate will be in recess until February 24. The Senate is leaving early due to an expected winter storm on Wednesday evening. Yellen had been set to give her second day of testimony on monetary policy to the Senate panel. Her hearing before the House Financial Services panel on Tuesday lasted six hours with a few breaks.
  • 2:57 PM » U.S. budget deficit smaller than expected in January
    Published Wed, Feb 12 2014 2:57 PM by Reuters
    WASHINGTON (Reuters) - The United States posted a smaller budget deficit than expected in January, a sign that a stronger economy is helping government coffers through a rise in tax receipts.
  • 2:57 PM » Gundlach: QE will not end in 2014
    Published Wed, Feb 12 2014 2:57 PM by CNBC
    Jeffrey Gundlach, DoubleLine Capital LP CEO, weighs in on Puerto Rico's debt crisis and shares his thoughts on how the bond market will function under Janet Yellen.
  • 1:59 PM » If investors bail on housing, what then?
    Published Wed, Feb 12 2014 1:59 PM by CNBC
    Institutional investors have purchased more than 100,000 houses since the crash and economists are concerned if they begin to sell.
  • 1:57 PM » January SoCal Home Sale Press Release
    Published Wed, Feb 12 2014 1:57 PM by DataQuick
    Southland Home Sales Drop in January; Price Picture Mixed February 12, 2014 La Jolla, CA---Southern California logged its lowest January home sales in three years as buyers continued to wrestle with a tight inventory of homes for sale, a fussy mortgage market and the highest prices in years. The median price paid for a home dipped from December - a normal seasonal decline - but remained 18 percent higher than January last year, a real estate information service reported. A total of 14,471 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was down 21.4 percent from 18,415 in December, and down 9.9 percent from 16,058 sales in January 2013, according to San Diego-based DataQuick. A significant drop in sales between December and January is to be expected because many buyers drop out of the market during the holidays and mid-winter. That means fewer transactions close during January and February. On average, sales have declined 27.6 percent between December and January since 1988, when DataQuick's statistics begin. Last month's Southland sales were 17.3 percent below the average number of sales - 17,493 - in the month of January since 1988. Sales haven't been above average for any particular month in more than seven years. January sales have ranged from a low of 9,983 in January 2008 to a high of 26,083 in January 2004. "The economy is growing, but Southland home sales have fallen on a year-over-year basis for four consecutive months now and remain well below average. Why? We're still putting a lot of the blame on the low inventory. But mortgage availability, the rise in interest rates and higher home prices matter, too," said John Walsh, DataQuick president. "Two of the bigger questions hanging over the housing market right now are,'How much pent-up demand is left out there?' and, 'Will inventory skyrocket this year as more owners take advantage of the...
  • 1:57 PM » TransUnion: Mortgage Delinquency Rate Drops Below 4% -- First Time Since 2008
    Published Wed, Feb 12 2014 1:57 PM by
    TransUnion: Mortgage Delinquency Rate Drops Below 4% -- First Time Since 2008<br/>
    Click Here to Read the Full Article

  • 11:56 AM » Bond Report: Treasurys fall ahead of 10-year note auction
    Published Wed, Feb 12 2014 11:56 AM by Market Watch
    Treasury prices slide ahead of an auction 10-year notes.
  • 11:56 AM » Jobless drop will force Fed to more 'traditional' policy: Bullard
    Published Wed, Feb 12 2014 11:56 AM by Reuters
    NEW YORK (Reuters) - The Federal Reserve will probably have to return to more "traditional" policy-making now that the U.S. jobless rate has fallen to 6.6 percent, so close to the U.S. central bank's existing 6.5-percent threshold for considering an interest-rate rise, a top Fed official said on Wednesday.
  • 11:32 AM » Consumer Advisory Board to meet on February 27
    Published Wed, Feb 12 2014 11:32 AM by
    Barbara S. Mishkin The CFPB has announced that it will be holding a Consumer Advisory Board meeting with Director Cordray on February 27, 2014 in Washington, D.C. The CFPB’s announcement only identifies “the consumer experience in the credit reporting market” as a discussion topic. However, the meeting agenda indicates that other topics will be discussed, including HMDA rulemaking. At... More >
    Click Here to Read the Full Article

  • 11:32 AM » New York Fed Finds Growing Evidence of More Positive Small Business Lending Environment
    Published Wed, Feb 12 2014 11:32 AM by NY Fed
    Results show growing evidence of a more positive lending environment for small businesses and a positive outlook for the first half of 2014. Despite positive signs, small businesses also reported high credit search costs and challenges for firms seeking $100,000 or less in credit.
  • 10:37 AM » Fed's Bullard: Optimism not deterred by weak data
    Published Wed, Feb 12 2014 10:37 AM by Market Watch
    WASHINGTON (MarketWatch)-- James Bullard, the president of the St. Louis Federal Reserve Bank, said Wednesday that recent weak economic data have not deterred his optimism about the U.S. economy. "I'm still optimistic about the prospects for this year. I think we can get 3% [growth] or better," Bullard said in a panel discussion sponsored by the European-American Chamber of Commerce, according to Dow Jones Newswires.
  • 10:36 AM » Home Depot plans 80,000 new hires
    Published Wed, Feb 12 2014 10:36 AM by CNBC
    Home Depot has begun hiring 80,000 people for what it expects to be a busy spring season.
  • 8:41 AM » Encouraging signs from housing
    Published Wed, Feb 12 2014 8:41 AM by CNBC
    U.S. homeowners are doing a better job of keeping up with mortgage payments, with late payment on home loans at the lowest level in over five years.
  • 8:40 AM » For sale: Al Capone's former Miami home for $8.5 million
    Published Wed, Feb 12 2014 8:40 AM by CNN
    He was "Public Enemy Number One', with a penchant for violence. Now Al Capone's Miami Beach hideaway is for sale again for $8.5 million.
  • 8:39 AM » US mortgage applications fall in latest week: MBA
    Published Wed, Feb 12 2014 8:39 AM by CNBC
    Applications for U.S. home mortgages fell as both purchase and refinancing applications slipped, an industry group said on Wednesday.
  • 8:39 AM » US stocks set for further Yellen boost
    Published Wed, Feb 12 2014 8:39 AM by CNBC
    U.S. stock index futures indicated gains on Wall Street after stocks surged on the reassurances of Federal Reserve Chair Janet Yellen.
  • 8:39 AM » You may fly on a Made-in-China aircraft sooner than you think
    Published Wed, Feb 12 2014 8:39 AM by CNBC
    Commercial Aircraft Corporation of China (Comac) is set to emerge as a serious competitor in the commercial aviation market over the next 20 years.
  • 12:42 AM » Homebuyers Get Break as Loan Rates Defy Fed Tapering: Mortgages - Bloomberg
    Published Wed, Feb 12 2014 12:42 AM by Bloomberg
    Homebuyers Get Break as Loan Rates Defy Fed Tapering: Mortgages Bloomberg Ashley Underwood is taking advantage of the unexpected drop in mortgage rates by rushing to buy her first home before they go up again. "I'm ready to cancel plans at a moment's notice to go look at a house," said Underwood, 27, who lives in Indianapolis,  ...
  • 12:41 AM » House passes clean debt limit bill, progresses on CFPB reform bill
    Published Wed, Feb 12 2014 12:41 AM by NAFCU
    The House of Representatives on Tuesday passed a clean debt limit increase bill and approved a rule to consider legislation proposed by Rep. Sean Duffy, R-Wis., that would revise CFPB's structure and expand the Financial Stability Oversight Council's ability to veto bureau rules.
Did you know?
You can see a list of all comments on MND by clicking the 'Read the Latest Comments' option under the 'Community' menu.

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.58%
  • |
  • 15 Yr FRM 3.95%
  • |
  • Jumbo 30 Year Fixed 4.59%
MBS Prices:
  • 30YR FNMA 4.5 103-27 (-0-11)
  • |
  • 30YR FNMA 5.0 106-03 (-0-06)
  • |
  • 30YR FNMA 5.5 108-00 (-0-11)
Recent Housing Data:
  • Mortgage Apps -1.15%
  • |
  • Refinance Index -2.64%
  • |
  • Purchase Index 5.06%