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Consumer Mortgage Choice Act Under Fire From CRL

Home Sales Would Rise 15-20 Percent With 720 FICO - NAR

Kickback Accusations Resolved by CFPB Consent Filing

Senator on a Mission to Change the Way Short Sales Affect Credit...

CFPB Reminds Lenders of Changes to Mandatory Arbitration Provisions...

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MBS RECAP: Reminded of Volatility via Friday Cliff-Diving

Mortgage Rates Jump Back To Recent Highs, More Volatility Ahead

Ginnie I, II, or...III: Combining the Programs and the Advantages...

MBS MID-DAY: Third Time is NOT the Charm for Bond Markets

The Day Ahead: Winding Down and Range Finding; 2 Cool Charts

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Senator Demands Change on Short Sale Credit Score Effects; Rates Snap Back To Recent Highs; Market Volatility Ahead of the Fed

Published: 5/17/2013

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MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.

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Freddie Mac Releases Results Of Annual ARM Survey

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by Glenn Setzer on January 11 2007, 8:00 AM

Freddie Mac 23rd Annual Adjustable Rate Mortgage (ARM) Survey released last week contained few surprises. The three major findings were:...
Mortgage Rates Take A New Year Holiday

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by Glenn Setzer on January 10 2007, 8:00 AM

Mortgage interest rates were virtually unchanged during the first week of 2007 according to Freddie Mac's weekly Primary Mortgage Market Survey. According to MBA mortgage loan application volume was up 16.6 percent on a seasonally adjusted basis from...
Reply.com Moves To Corner A Niche Of The Real Estate Industry

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by Glenn Setzer on January 08 2007, 8:00 AM

The Web is truly getting crowded with real estate web sites, each trying to carve out its own niche. Reply.com has taken a different approach. Rather than listings readers are invited to make an unsolicited offer on any property in which they have an...
Green House Exhibit Is An Invitation To Think Twice About The Environment

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by Glenn Setzer on January 05 2007, 8:00 AM

The main reason we ventured to Washington D.C. and the National Building Museum was the museum's nearly year-long Green House exhibit . The exhibit, which runs through June 3, 2007 is not large but is filled with information on green basics, energy-saving...
Mortgage Rates Move Higher On Consumer Spending and Calendar

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by Glenn Setzer on January 03 2007, 8:00 AM

Inflation jitters caused mortgages rates to increase a bit during the last full week of 2006 according to the Primary Mortgage Market Survey released by Freddie Mac for the period ending December 28. Frank Nothaft, Freddie Mac vice president and chief...
Federal Reserve Issues New CHARM Handbook for Consumers and Lenders

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by Glenn Setzer on January 02 2007, 8:00 AM

The Federal Reserve Board seldom giveth, but they did send home buyers and owners as well as real estate professionals a bit of a holiday present last week. The Board in conjunction with the Office of Thrift Supervision issued a revised version of its...
Is The End Of The End Of The Housing Bubble Near?

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by Glenn Setzer on December 29 2006, 8:00 AM

Is it the end of the end of the housing bubble ? The National Association of Realtors (NAR) seemed to think so as it issued its November report on the sales of existing houses, the second month in a row when sales showed slight improvement over the previous...
Realogy Sale Not Necessarily A Done Deal

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by Glenn Setzer on December 28 2006, 8:00 AM

The widely reported purchase of Realogy by Apollo Management LP last week may just be the opening move in a wild and wooly auction for the company. Realogy is the 500 lb gorilla of the real estate business. A Realogy company was involved in the purchase...
Mortgage Rates Drift and Activity Slows During Pre-Holiday Week

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by Glenn Setzer on December 27 2006, 8:00 AM

While mortgage activity was down sharply - and expectedly - during the pre-Christmas week at least one mortgage expert saw reason to hope for a busy and profitable New Year. Frank Nothaft, Freddie Mac vice president and chief economist, in releasing the...
Housing Starts, Permits and Builder Confidence Stabilize In Recent Surveys

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by Glenn Setzer on December 26 2006, 8:00 AM

Housing permits and starts in November were mixed when compared to October levels according to figures released this week by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development....
Clarifications About The Zillow Website

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by Glenn Setzer on December 22 2006, 8:00 AM

Shortly after our recent article on Zillow's upgrades was published, we received a communication from "Amy at Zillow" with a couple of corrections. We were not particularly complementary about Zillow and its new upgrades, but two statements we made were...
Mortgage Rates And Volume Flatten In Pre-Holiday Market

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by Glenn Setzer on December 21 2006, 8:00 AM

Mortgage rates were fairly stagnant during the week ended December 14 according to the Primary Mortgage Market Survey released by Freddie Mac. Frank Nothaft, Freddie Mac vice president and chief economist said that "Mixed economic reports have kept mortgage...
Zillow Announces Upgrades To Site As First Birthday Approaches

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by Glenn Setzer on December 20 2006, 8:00 AM

In a press release earlier this month, the Zillow folks announced a " major upgrade ; homeowners and agents can now post homes for sale, for free." They also launched a feature called "Make Me Move?" that allows homeowners to list their dream price -...
Three Ex-Fannie Mae Execs Hit With Massive Civil Charges

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by Glenn Setzer on December 19 2006, 8:00 AM

And just when things were starting to look up for Fannie Mae ! Then Monday the other shoe fell. Actually it was more like an axe. The Office of Federal Housing Enterprise Oversight revealed that it was filing civil charges against three of the Fannie...
Fannie Mae Plays Catchup With SEC and Sues Its Former Auditor

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by Glenn Setzer on December 18 2006, 8:00 AM

December is starting off with a bang for Fannie Mae . On December 6 the mortgage giant announced that it had (finally) finished a restatement of its earnings dating from 2004 back to 2001 and had filed the required Form 10Ks with the Securities and Exchange...

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