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Tuesday, November 17, 2009
Subject : Financial Fraud Unit Announced; Home Builders Expect Increased Activity
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Administration Announces Financial Fraud Unit
Attorney General Eric Holder today announced the formation of an interagency task force to investigate and prosecute financial fraud. The group will look... -
MND NewsWire
Home Builders Expecting Increased Activity in 2010. Appraisal Issues a Concern
The November Housing Market Index was unchanged from October's downwardly revised level of 17. The component gauging current sales conditions and... -
MND NewsWire
Golden Opportunity: Make the FHA...
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Voice of Housing
MBS AFTERNOON: Sellers Dominate...
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MBS Commentary
MBS LUNCH: Much Needed Spread Widening...
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MBS Commentary
TransUnion: Mortgage Delinquencies...
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MND NewsWire
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MBS OPEN: Rates Higher As Shorts...
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MBS Quotes
FNMA 4.0
99-15
-0-01
FNMA 4.5
101-22
-0-06
FNMA 5.0
104-07
-0-01
FNMA 5.5
105-25
-0-01
FNMA 6.0
106-17
-0-02
Updated: 11/17/09 4:36 PM
Treasuries
3 MO
0.0600
0.0042
2 YR
0.7800
0.0142
5 YR
2.1900
0.0058
10 YR
3.3300
-0.0043
30 YR
4.2600
-0.0137
Updated: 11/17/09 5:40 PM
Mortgage Rates
30 Yr FRM
4.89
-0.03
15 Yr FRM
4.28
-0.04
FHA 30 Year
5.04
-0.02
Jumbo 30 Year
5.91
0.00
5/1 Yr ARM
3.88
-0.01
Updated: 11/17/09 2:06 PM
Latest Video
View:
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Housing: Ready to Rebound?
11/17/2009
An update on the housing industry, with CNBC's Diana Olick.
Geithner Under Pressure
11/17/2009
A look at the pressure now mounting again on the Treasury Secretary, with Eamon Javers, Politico financial correspondent and CNBC's Hampton Pearson...
Washington Targets Job Creation
11/17/2009
House Dems say they are working on passing legislation aimed at creating jobs before the end of the year, with Steven Dennis, Roll Call, and Joseph LaVorgna...
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U.S. Wholesale Prices Show Few Inflation Pressures
»View All Recent Articles
JOIN THE CONVERSATION
Recent Comments
Adam Quinones
on 11/17/2009 -
read this comment
good comments Edgar...Bobby, MBS havent disconnected from the directionality that TSYs offer, and they wont likely ever do so. However MBS are on a two week tightener vs. their benchmarks. So while TSY...
Frank Ceizyk
on 11/17/2009 -
read this comment
Edgar--good that you stood your ground. AZ Attorney General has reported more cases of suspected loan fraud since 2009 than in 2008 for state of AZ. Perhaps it is being investigated more often and/or attributable...
Edgar
on 11/17/2009 -
read this comment
For all those out there that say LO's are responsible for all the fraud in mortgages I would like to provide a case that shows that that may not be true: I took a call yesterday and the person on the...
Bobby Downey
on 11/17/2009 -
read this comment
Good morning AQ......what up JW......now that MBS have seemed to detatch themselves from the stock lever what are the chances they will eventually detatch from the TSY lever? I feel like a market within...
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MD
11/17/2009
830,000.00
Refinance (Rate and Term)
MD
11/16/2009
285,000.00
Cash Out Refinance
AL
11/14/2009
284,000.00
Refinance (Rate and Term)
AZ
11/13/2009
240,000.00
Refinance (Rate and Term)
HI
11/12/2009
1,200,000.00
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NY
11/12/2009
350,000.00
Cash Out Refinance
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View More at the Market Data Center
Mortgage Rates:
30 Yr FRM 3.89%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.12%
MBS Prices:
30YR FNMA 4.5 106-24
(0-03)
|
30YR FNMA 5.0 108-03
(0-02)
|
30YR FNMA 5.5 108-31
(0-02)
Recent Housing Data:
Mortgage Apps
23.07%
|
Refinance Index
26.40%
|
Purchase Index
10.33%
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