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From MND NewsWire

Banks Show Elevated Reluctance To Lend

Other Top Headlines

Trends in Mortgage Banking; Conferences Across the Nation Being...

Mortgage Rates Continue to See Minor Improvements

MBS RECAP: 2/15/2012

MBS at Highs, Waiting For Potential Eurogroup News

MBS MID-DAY: 2/15/2012

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Banks Show Elevated Reluctance To Lend

There is an elevated amount of reluctance from banks to lend, according to Boston Fed President Eric Rosengren, speaking Wednesday at the Boston Fed's Basel II conference on New Challenges for Operational Risk Measurement and Management.

"The practices of risk management in general...
...

Published Wed, May 05 2008 7:00 AM by Glenn Setzer

Filed under: Federal Reserve, banks, lenders

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Home builder confidence in the market for new single-family homes increased for the fifth consecutive month in February, rising from 25 to 29 on the NAHB...
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Mortgage Rates:

30 Yr FRM 3.85%
|
15 Yr FRM 3.23%
|
Jumbo 30 Year Fixed 4.10%

MBS Prices:

30YR FNMA 4.5 106-26 (0-02)
|
30YR FNMA 5.0 108-06 (0-03)
|
30YR FNMA 5.5 109-01 (0-02)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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