Thursday, August 19, 2010
Subject : Lending Operation Practices that Lead to Revenue Growth
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Top Stories
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My most recent post talked about some of the bad habits and practices we’ve uncovered during our FOCIS and FOCIS-plus reviews of mortgage bankers. Now... - The Garrett Watts ReportConsumer indebtedness as well as consumer delinquencies improved during the second quarter of the year according to a Federal Reserve Bank Survey. While... - MND NewsWireThree weeks have passed, the Congress did their job and appropriated unlimited funding for the USDA Rural Housing Program, yet all loans under Section... - MND NewsWire
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| MBS Quotes |
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FNMA 4.0
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102-26
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0-14
| |
FNMA 4.5
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104-17
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0-15
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FNMA 5.0
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105-29
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0-11
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FNMA 5.5
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106-23
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0-05
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FNMA 6.0
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107-17
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-0-05
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Updated: 8/19/10 4:34 PM
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| Treasuries |
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3 MO
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0.1600
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0.0000
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2 YR
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0.4900
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-0.0200
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5 YR
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1.4100
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-0.0500
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10 YR
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2.5800
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-0.0600
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30 YR
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3.6600
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-0.0700
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Updated: 8/19/10 5:40 PM
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| Mortgage Rates |
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30 Yr FRM
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4.36
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-0.03
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15 Yr FRM
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3.75
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-0.03
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FHA 30 Year
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4.42
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-0.03
| |
Jumbo 30 Year
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5.61
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-0.02
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5/1 Yr ARM
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3.43
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-0.03
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Updated: 8/19/10 5:56 PM
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Latest Video
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View:All Videos
 | | Food Safety | |
8/19/2010
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Jean Halloran, of the Consumers Union, discusses the U.S. food safety, particularly the recall of 380 million eggs linked to a salmonella outbreak at an...
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|  | | Obama's Small Biz Push | |
8/19/2010
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President Barack Obama encourages passage of the small business bill, which is currently stalled in Congress
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| Recent Comments |
 | |  | | Edgar | |
on 8/19/2010 - read this comment | |
Man that was some bad data this morning. Back to 500k a week job losses, and get read for that to continue to rise as more local and state governments shut down services. MBS to continue rally into tomorrow...
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 | | mark bresee | |
on 8/19/2010 - read this comment | |
We purchased a new home in Naples, FL for $359,200 with 22% down (finance company had the wrong purchase price, so I had to come up with an extra $8000 at closing, not happy about that one), so our loan...
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|  | | Jason Harris | |
on 8/19/2010 - read this comment | |
I work at Wells and it is possible to close a clean conventional refi in less than 30 days. In fact I submitted one on the 8th and should get a CTC today. It does depend on what fulfillment center you...
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