Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
1,829
# of Questions Answered
Select a Date
Use the calendar to view news headlines from a specific date.
Today  |  Yesterday  |  Random
Bottom Right Default
State Name: Texas
State Name underscore: Texas
State Name dash: Texas
State Name lower underscore: texas
State Name lower dash: texas
State Name lower: texas
State Abbreviation: TX
State Abbreviation Lower: tx
Suggest a Story
Paste the URL of the story below to submit for editorial review and possible inclusion in ATW.
Please add 2 and 8 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.
  • Tue, Feb 9 2016
  • 9:34 AM » Subprime auto loans, delinquencies keep rising
    Published Tue, Feb 09 2016 9:34 AM by CNBC
    The percentage of auto loans made to buyers with the poorest credit ratings is growing faster than the rest of the auto finance market, according to a new report.
  • 8:56 AM » World's Negative-Yielding Bond Pile Tops $7 Trillion: Chart
    Published Tue, Feb 09 2016 8:56 AM by Bloomberg
    Bloomberg World's Negative-Yielding Bond Pile Tops $7 Trillion: Chart Bloomberg More than $7 trillion of government bonds offered yields below zero globally as of Monday, making up about 29 percent of the Bloomberg Global Developed Sovereign Bond Index. The total is poised to swell further after Japan's 10-year yield went below ... and more »
  • 8:55 AM » CoreLogic Reports 32,000 Completed Foreclosures in December 2015
    Published Tue, Feb 09 2016 8:55 AM by www.corelogic.com
    —National Foreclosure Inventory Down 23.8 Percent from December 2014— CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today released its December 2015 National Foreclosure Report which shows the foreclosure inventory declined by 23.8 percent and completed foreclosures declined by 22.6 percent compared with December 2014. The number of completed foreclosures nationwide decreased year over year from 41,000 in December 2014 to 32,000 in December 2015. The number of completed foreclosures in December 2015 was down 72.8 percent from the peak of 117,722 in September 2010. The foreclosure inventory represents the number of homes at some stage of the foreclosure process and completed foreclosures reflect the total number of homes lost to foreclosure. Since the financial crisis began in September 2008, there have been approximately 6.1 million completed foreclosures across the country, and since homeownership rates peaked in the second quarter of 2004, there have been about 8 million homes lost to foreclosure. As of December 2015, the national foreclosure inventory included approximately 433,000, or 1.1 percent, of all homes with a mortgage compared with 568,000 homes, or 1.5 percent, in December 2014. The December 2015 foreclosure inventory rate is the lowest for any month since November 2007.   CoreLogic also reports that the number of mortgages in serious delinquency (defined as 90 days or more past due, including loans in foreclosure or REO) declined by 23.3 percent from December 2014 to December 2015, with 1.2 million mortgages, or 3.2 percent, in this category. The December 2015 serious delinquency rate is the lowest in eight years, since November 2007. “Reflecting on the full-year foreclosure results for 2015, we can see that completed foreclosures are down more than 20 percent for the year, which is the lowest level since 2006, before the crisis,” said...
    Click Here to Read the Full Article

    Source: www.corelogic.com
  • 12:08 AM » Stocks & Bonds: Nervousness About Global Banking Giants Intensifies
    Published Tue, Feb 09 2016 12:08 AM by rss.nytimes.com
    The selling off of bank shares can suggest that banks are becoming more vulnerable to the market volatility and any underlying economic weaknesses.
    Click Here to Read the Full Article

    Source: rss.nytimes.com
  • 12:07 AM » Japan's Ten-Year Yield Falls to Zero for the First Time
    Published Tue, Feb 09 2016 12:07 AM by Bloomberg
    Bloomberg Japan's Ten-Year Yield Falls to Zero for the First Time Bloomberg The yield on Japan's benchmark 10-year government bonds fell to zero for the first time, an unprecedented low for a Group-of-Seven economy, as global financial turmoil and the Bank of Japan's adoption of negative interest rates drive demand for the notes. and more »
  • Mon, Feb 8 2016
  • 5:29 PM » DoubleLine's Gundlach calls market trends 'relentless and powerful'
    Published Mon, Feb 08 2016 5:29 PM by Reuters
    NEW YORK (Reuters) - Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital, repeated a December warning on Monday that the dramatic slowdown in global growth will trigger a collapse in some credit funds, saying that the high-yield "junk" bond market still has not hit bottom.
  • 3:51 PM » Update: The Inland Empire Bust and Recovery
    Published Mon, Feb 08 2016 3:51 PM by Calculated Risk Blog
    Way back in 2006 I disagreed with some analysts on the outlook for the Inland Empire in California. I wrote : As the housing bubble unwinds, housing related employment will fall; and fall dramatically in areas like the Inland Empire. The more an area is dependent on housing, the larger the negative impact on the local economy will be. So I think some pundits have it backwards: Instead of a strong local economy keeping housing afloat, I think the bursting housing bubble will significantly impact housing dependent local economies. And sure enough, the economies of housing dependent areas like the Inland Empire were devastated during the housing bust. The good news is the Inland Empire is now recovering. Click on graph for larger image. This graph shows the unemployment rate for the Inland Empire (using MSA: Riverside, San Bernardino, Ontario), and also the number of construction jobs as a percent of total employment. The unemployment rate is falling, and is down to 5.9% (down from 15.0% in 2010). And construction employment is up from the lows (as a percent of total employment), but still fairly low. Overall the outlook for the Inland Empire is much better today.
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 3:51 PM » The Fed: Yellen may tell Congress her goal is not to slow the economy
    Published Mon, Feb 08 2016 3:51 PM by Market Watch
    Fed Chairwoman Janet Yellen will remind investors that the Fed's is not trying to slow the economy.
  • 1:43 PM » Quicken Loans Super Bowl Ad: No, This Isn't Housing Apocalypse 2.0
    Published Mon, Feb 08 2016 1:43 PM by www.realtor.com
    Quicken Loans's Super Bowl ad has sparked rumblings over whether we should worry about a new housing bubble. The post Quicken Loans Super Bowl Ad: No, This Isn't Housing Apocalypse 2.0 appeared first on Real Estate News and Advice - realtor.com .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 11:47 AM » Will Volatility End High Times in High-End Real Estate?
    Published Mon, Feb 08 2016 11:47 AM by Bloomberg
    Bloomberg Will Volatility End High Times in High-End Real Estate? Bloomberg Richard LeFrak, president at chief executive officer at LeFrak Group, discusses the impact of market volatility on high-end real estate and looks at the strength of the rental market. They speak on "Bloomberg ‹GO›." (Source: Bloomberg) ...
  • 11:47 AM » Chesapeake Energy hires restructuring lawyers: sources
    Published Mon, Feb 08 2016 11:47 AM by Reuters
    (Reuters) - Natural gas producer Chesapeake Energy has hired restructuring lawyers from Kirkland & Ellis, people familiar with the matter told Reuters.
  • 11:47 AM » Bank of America: This Chart Shows 'Deteriorating Liquidity' Is at the Heart of Market Carnage
    Published Mon, Feb 08 2016 11:47 AM by Bloomberg
    Bloomberg Bank of America: This Chart Shows 'Deteriorating Liquidity' Is at the Heart of Market Carnage Bloomberg Ever since the Federal Reserve began to withdraw monetary stimulus, liquidity has steadily been drying up. Therein lies the crux of the broader stress in financial markets, according to Bank of America Merrill Lynch, which have seen violent selloffs ...
  • 11:46 AM » Bank Credit Risk Surges Globally to Most in Almost Three Years
    Published Mon, Feb 08 2016 11:46 AM by Bloomberg
    Bank Credit Risk Surges Globally to Most in Almost Three Years Bloomberg Banks and insurers in Europe and U.S. led a surge in the cost of insuring corporate bonds to the highest levels since 2013. The Markit iTraxx Europe Subordinated Financial index of credit-default swaps on the junior debt of 30 firms soared for an ... and more »
  • 11:45 AM » Las Vegas Real Estate in January: Sales Increased 5% YoY, Inventory Up Slightly
    Published Mon, Feb 08 2016 11:45 AM by Calculated Risk Blog
    This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Local Housing Market Starts 2016 With Steadily Rising Home Prices According to GLVAR, the total number of existing local homes, condominiums and townhomes sold in January was 2,348, up from 2,239 in January of 2015. Compared to the same month one year ago, 4.7 percent more homes and 5.4 percent more condos and townhomes sold in January . ... By the end of January, GLVAR reported 7,428 single-family homes listed without any sort of offer. That's up 0.6 percent from one year ago . For condos and townhomes, the 2,216 properties listed without offers in January represented a 4.8 percent decrease from one year ago. As it has for the past few years, GLVAR reported fewer distressed sales and more traditional home sales, where lenders are not controlling the transaction. In January, 7 .0 percent of all local sales were short sales - which occur when lenders allow borrowers to sell a home for less than what they owe on the mortgage. That's down from 9.7 percent of all sales one year ago. Another 7.9 percent of all January sales were bank-owned , down from 9.4 percent one year ago. emphasis added 1) Overall sales were up 5% year-over-year. 2) The percent of cash sales decreased year-over-year from 36% in Jan 2015 to 31.1% in Jan 2016. This has been trending down. 3) Non-contingent inventory for single-family homes was up 0.6% year-over-year. This followed several months with a year-over-year decline.  The table below shows the year-over-year change for non-contingent inventory in Las Vegas.  Inventory is important to watch - if inventory starts increasing again, then price increases will slow. Las Vegas: Year-over-year Change in Non-contingent Single-Family Inventory Month YoY Jan-13 -58.3% Feb-13 -53.4% Mar-13 -42.1% Apr-13 -24.1% May-13 -13.2% Jun...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 9:00 AM » Why Home Buying Is (or Isn't) Like Dating
    Published Mon, Feb 08 2016 9:00 AM by www.realtor.com
    For Valentine's Day, we compiled the science around five aspects of buying a home and finding true love. Which is harder? You be the judge! The post Why Home Buying Is (or Isn’t) Like Dating appeared first on Real Estate News and Advice - realtor.com .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 8:50 AM » Treasurys rally as safe-haven buying continues
    Published Mon, Feb 08 2016 8:50 AM by CNBC
    U.S. sovereign bonds prices surged on Monday, as volatility in stocks persisted and rate rise fears dominated markets.
  • 8:49 AM » Dow futures slip triple-digits as growth fears grip markets
    Published Mon, Feb 08 2016 8:49 AM by CNBC
    U.S. stock index futures pointed to a sharply lower open on Monday, as investors digest Friday's sharp drop in tech stocks and look to Fed Chair Yellen's testimony.
  • 8:49 AM » MGIC Investment Corporation Releases Monthly Operating Statistics
    Published Mon, Feb 08 2016 8:49 AM by phx.corporate-ir.net
    MILWAUKEE, Feb. 8, 2016 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued a January 2016 Operational Summary of the primary mortgage insurance of its insurance subsidiaries. The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases. The information concerning new delinquency notices and cures is compiled from reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan servicers. ...
    Click Here to Read the Full Article

    Source: phx.corporate-ir.net
  • 2:13 AM » The U.S.'s earnings recession
    Published Mon, Feb 08 2016 2:13 AM by CNBC
    Corporate profits look to have suffered their third straight quarter of declines.
  • 2:07 AM » BOJ members feared triggering ‘rates war'
    Published Mon, Feb 08 2016 2:07 AM by CNBC
    BOJ policymakers tussled over adopting negative rates, raising a slew of concerns before a close vote, the meeting summary said.
  • 1:58 AM » Bloodied, Not Broken: U.S. Bond Market's Biggest Bears Die Hard
    Published Mon, Feb 08 2016 1:58 AM by Bloomberg
    Bloomberg Bloodied, Not Broken: U.S. Bond Market's Biggest Bears Die Hard Bloomberg Despite the best start to a year for Treasuries since the credit crisis, Western Asset Management, Loomis Sayles and Franklin Templeton Investments say U.S. government bonds are a losing bet. The firms, which oversee more than $800 billion, contend ...
  • 1:53 AM » Quicken Loans' Super Bowl ad sparks backlash
    Published Mon, Feb 08 2016 1:53 AM by CNN
    Push button get mortgage. That was the message Quicken Loans left viewers with at the end of its Super Bowl ad.
  • 1:53 AM » Negative Rates Seen as Option for Fed as BOJ, ECB Pave the Way
    Published Mon, Feb 08 2016 1:53 AM by Bloomberg
    Negative Rates Seen as Option for Fed as BOJ, ECB Pave the Way Bloomberg Global central banks have opened the door to negative U.S. interest rates, in Wall Street's view. After the Bank of Japan cut some rates below zero last month to spur growth and inflation, strategists are weighing the Federal Reserve's options in case ...
  • Fri, Feb 5 2016
  • 3:08 PM » Comments: A Solid Employment Report
    Published Fri, Feb 05 2016 3:08 PM by Calculated Risk Blog
    My initial reaction was this was a "decent" employment report. However, with some further analysis, I think this should be characterized as a "solid" report. The unemployment rate declined to 4.9% even as the participation rate increased (a strong household survey). Sure the headline number was below the consensus forecast, but this follows several months of above trend job gains (job gains averaged 279 thousand over the previous three months). With current demographics, the unemployment rate would decline with job gains under 100 thousand, so 151 thousand is still solid. And another positive sign is that wage growth picked up and was above the consensus forecast.  From the BLS: "In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent." Earlier: January Employment Report: 151,000 Jobs, 4.9% Unemployment Rate (Graphs Included) A few more numbers:  Total employment is now 4.9 million above the previous peak.  Total employment is up 13.6 million from the employment recession low. Private payroll employment increased 158,000 in December, and private employment is now 5.2 million above the previous peak. Private employment is up 14.0 million from the recession low. In January, the year-over-year change was 2.67 million jobs. Employment-Population Ratio, 25 to 54 years old Since the overall participation rate has declined recently due to cyclical (recession) and demographic (aging population, younger people staying in school) reasons, here is the employment-population ratio for the key working age group: 25 to 54 years old. In the earlier period the participation rate for this group was trending up as women joined the labor force. Since the early '90s, the participation rate moved more sideways, with a downward drift starting around '00 - and with ups and downs related to the business cycle...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 1:47 PM » Super Bowl ad or not, it's pretty hard to get a mortgage in 8 minutes
    Published Fri, Feb 05 2016 1:47 PM by Market Watch
    Quicken Loans' Rocket Mortgage claims to offer an 8-minute mortgage, but it will probably take longer than that - and that's okay.
  • 12:50 PM » U.S. exports drop for first time since Great Recession
    Published Fri, Feb 05 2016 12:50 PM by CNN
    American exports shrank last year for the first time since the Great Recession.
  • 10:29 AM » Treasuries Decline as U.S. Employment Report Signals Wage Growth
    Published Fri, Feb 05 2016 10:29 AM by Bloomberg
    Treasuries Decline as U.S. Employment Report Signals Wage Growth Bloomberg Treasuries declined as a report showed U.S. wage growth quickened in January even as the economy added fewer jobs than expected. The yield on the benchmark 10-year note rose after the Labor Department said the U.S. created 151,000 jobs last month, ... and more »
  • 9:53 AM » Cash is way more popular than stocks or bonds
    Published Fri, Feb 05 2016 9:53 AM by CNN
    Cash is getting an alarming amount of love these days.
  • 9:52 AM » Dollar Drops as Fed Rate Bets Pared; Japan Yields Approach Zero
    Published Fri, Feb 05 2016 9:52 AM by Bloomberg
    Bloomberg Dollar Drops as Fed Rate Bets Pared; Japan Yields Approach Zero Bloomberg The U.S. dollar headed for its worst week since 2009 as traders strengthened bets that the Federal Reserve will hold interest rates unchanged this year because of a weaker global economy. Demand for government debt sent Japan's 10-year bond yields to a ... and more »
  • 9:51 AM » U.S. job growth slows, unemployment rate at eight-year low
    Published Fri, Feb 05 2016 9:51 AM by Reuters
    WASHINGTON (Reuters) - U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm.
  • 9:50 AM » Personal loans are on the rise
    Published Fri, Feb 05 2016 9:50 AM by CNBC
    Thanks to increased credit availability and low interest rates, unsecured loans are on the rise.
  • 9:49 AM » Who's to blame for Portland's soaring home prices?
    Published Fri, Feb 05 2016 9:49 AM by CNN
    Everyone wants to move to Portland, Oregon. But the more popular it gets, the less affordable it becomes.
  • 9:49 AM » LinkedIn set to lose $8 billion in market value after weak forecast
    Published Fri, Feb 05 2016 9:49 AM by Reuters
    (Reuters) - LinkedIn Corp will need to improve its profile to reconnect with investors after the social network for professionals shocked the market with a full-year revenue forecast that fell far short of expectations.
  • 9:49 AM » Charts: What's the REAL unemployment rate?
    Published Fri, Feb 05 2016 9:49 AM by CNBC
    The Labor Department said Friday that the unemployment rate fell to 4.9 in January. But does that tell the whole story?
  • Thu, Feb 4 2016
  • 4:58 PM » U.S. small businesses boost hiring in January: NFIB
    Published Thu, Feb 04 2016 4:58 PM by Reuters
    WASHINGTON (Reuters) - U.S. small businesses stepped up hiring in January after taking a pause in December and many continued to point to difficulty finding qualified workers, a survey showed on Thursday.
  • 4:57 PM » Anxiety About Global Growth Resurfaces
    Published Thu, Feb 04 2016 4:57 PM by Bloomberg
    Bloomberg Anxiety About Global Growth Resurfaces Bloomberg Goldman Sachs Asset Management's Michael Swell discusses market volatility and the U.S. economy. He speaks on "Bloomberg Markets." (Source: Bloomberg). Most Recent Videos. Anxiety About Global Growth Resurfaces · Goldman, Pimco: Traders Aren't ...
  • 3:40 PM » Is homeownership worth it? Not here
    Published Thu, Feb 04 2016 3:40 PM by CNBC
    While homeownership has long been deemed the "American dream," it may not actually make sense for younger Americans right now.
  • 3:40 PM » New Trouble Knocks Flint as Mortgage Firms Require Proof of Safe Water
    Published Thu, Feb 04 2016 3:40 PM by www.realtor.com
    Flint residents have a new concern on top their drinking water: Mortgage lenders say home buyers must prove there is no water contamination to get a loan. The post New Trouble Knocks Flint as Mortgage Firms Require Proof of Safe Water appeared first on Real Estate News and Advice - realtor.com .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 3:38 PM » â€˜Bajillion Dollar Propertie$' Spoofs Real Estate Reality Shows to a T
    Published Thu, Feb 04 2016 3:38 PM by www.realtor.com
    A new parody, "Bajillion Dollar Propertie$," premiering on the streaming comedy channel Seeso on March 17, nails what's hilarious about real estate reality shows to a T. The post ‘Bajillion Dollar Propertie$’ Spoofs Real Estate Reality Shows to a T appeared first on Real Estate News and Advice - realtor.com .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 3:38 PM » A Big Housing Problem Requires Clever, Collaborative Solutions
    Published Thu, Feb 04 2016 3:38 PM by blog.hud.gov
    To address complex, societal problems, organizations must recognize the expertise of others and collaborate together on shared goals and strategies. That's why AARP Foundation and HUD's Office of Policy Development and Research have signed a Memorandum of Understanding promoting coordinated research and initiatives to address the problem of inadequate, unaffordable housing for low-income older adults. […]
1 2 3 4 5 Next > ... Last »
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 3.69%
  • |
  • 15 Yr FRM 2.99%
  • |
  • Jumbo 30 Year Fixed 3.49%
MBS Prices:
  • 30YR FNMA 4.5 108-21 (0-00)
  • |
  • 30YR FNMA 5.0 110-14 (-0-06)
  • |
  • 30YR FNMA 5.5 112-11 (0-05)
Recent Housing Data:
  • Mortgage Apps -3.62%
  • |
  • Refinance Index -0.11%
  • |
  • Purchase Index -7.65%