With the passing of Columbus Day, there are only three days left in 2010 that don't count in the rescission period: Thursday, November 11, Veteran's Day, Thursday, November 25, Thanksgiving Day, and Saturday, December 25, Christmas Day. Some feedback from the trenches in regard to placing loans based...
Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories [post postid="172544" headline][post postid="172293" headline][post postid="172551" headline] [post postid="172525"][post postid="172620"][post postid="172533"][post postid="172498"][post postid="172299"][post postid="171632"][post...
While it reported that most delinquency figures dropped substantially in the second quarter, the Mortgage Bankers Association's National Delinquency Survey also carried some dishearting harbingers of what might lie ahead. The report showed the seasonally adjusted delinquency rate for all loans at...
The benchmark 10 year note yield is back below 3.00% and mortgage rates are at lifetime lows. Hello homeowners! Why isn’t everyone (who can qualify) jumping on the refi band wagon? With rates so low and home prices off 30% to 40%, why aren't consumers rushing to buy homes? If this was a normal...
The Mortgage Bankers Association today released the First Quarter 2010 National Delinquency Survey (NDS) results. Seasonally adjusted mortgage delinquency rates increased again during the first quarter of 2010, but a decrease in non-seasonally adjusted data is giving the Mortgage Bankers Association...
Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Borrower Default Notices Decline in April But Banks Pick Up Pace of Liquidation Foreclosure activity in April dipped from earlier monthly and yearly figures. A dramatic drop in initial filings and surge in bank repossessions may indicate...
Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Credit Loss Reserves and Foreclosed Inventory Expenses Eat at Fannie Mae's Earnings Fannie Mae has reported First Quarter 2010 Earnings Results. The government-sponsored enterprise, lost $11.5 billion in the first quarter compared with...
Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Fixing The Housing Market: A Foreclosure Prevention Alternative Jonathan Spurr, a like-minded colleague of mine and a wholesale account rep for 18 years came up with this idea which we just pitched to the Arizona Department... - Community...
I was reminded that 70% of the US economy is propelled by consumers, all consumers. Last night, after giving a speech to some UC Berkeley econ students, I was in a book store and the gal in front of me asked the clerk, "Do you have a book on 'Karmageddon'? Its like, when everybody is sending...
Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Foreclosure Filings Drop. Prevention Policies Distorting Supply and Demand Foreclosure filings, which include default notices, scheduled auctions, and bank repossessions declined 2 percent from January. A total of 308,524 properties...