Thursday, September 2, 2010
Subject : Expanding the Pool of Eligible Homeowners: Common Sense Underwriting Needed
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Recently we've been hearing reports of renewed interest in restoring the homebuyer tax credit. While that may seem like a step in the right direction... - Voice of HousingThe Federal Reserve is hosting a two day summit on neighborhood stabilization the focuses on the problem of foreclosures and owned real estate and their... - MND NewsWireThere has been talk circulating that the Administration is considering the re-authorization of the expired homebuyer tax credit. While I believe this would... - MND NewsWire
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| MBS Quotes |
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FNMA 4.0
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103-01
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-0-07
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FNMA 4.5
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104-26
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-0-01
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FNMA 5.0
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105-31
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-0-03
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FNMA 5.5
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106-26
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0-00
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FNMA 6.0
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107-21
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0-03
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Updated: 9/2/10 4:31 PM
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| Treasuries |
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3 MO
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0.1400
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0.0100
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2 YR
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0.5000
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0.0000
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5 YR
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1.4300
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0.0200
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10 YR
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2.6300
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0.0500
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30 YR
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3.7200
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0.0700
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Updated: 9/2/10 5:40 PM
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| Mortgage Rates |
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30 Yr FRM
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4.35
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0.02
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15 Yr FRM
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3.76
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0.01
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FHA 30 Year
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4.38
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0.01
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Jumbo 30 Year
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5.55
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0.02
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5/1 Yr ARM
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3.50
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0.01
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Updated: 9/2/10 5:21 PM
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| Latest Video |
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View:All Videos
 | | Outlook for the U.S. Labor Market | |
9/2/2010
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Sept. 2 (Bloomberg) -- Raymond Stone, chief economist at Stone & McCarthy Research Associates, discusses the outlook for the U.S. labor market and jobless...
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|  | | Talking Numbers: Economy vs. Market | |
9/2/2010
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What happens to the stock market when the economy slows coming out of a recession? Kevin Pleines, of Birinyi Associates, shares his analysis.
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| Recent Comments |
 | | Ray J | |
on 9/2/2010 - read this comment | |
I am 100% locked, locked 2 more on Monday, with everything closing in less than 30 days. New loans are coming in as floats as of today.
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 | | Frank Ceizyk | |
on 9/2/2010 - read this comment | |
Wow--at long last, a voice of reason. I pitched this idea (residual income/reserve based lending) to the local government housing powers that be, and it certainly opened up some eyes and ears, in addition...
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|  | | Gary Powell | |
on 9/2/2010 - read this comment | |
Ignore FICOs? Yea, I'll hold my breath and wait for that to happen. Even if that were to happen, who is going to buy these loans in the secondary market? The trend is definitely away from "common...
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