Mon, Nov 26 2012, 10:38 AM
Vacancy rates in
commercial and multi-family properties are expected to decline gradually over
the next year with an already tight multi-family r...
Mon, Nov 26 2012, 10:26 AM
Even if you had to have the borrower come back to resign a document, or
you had to eat a one day extension, or locked a loan under the wrong program,...
Mon, Nov 26 2012, 7:15 AM
After a somnambulant holiday-shortened week of trading, markets waste no time
in getting back to business. Perhaps it would be more accurate to s...
Mon, Nov 26 2012, 4:10 PM
After losing ground every single day in the previous
holiday-shortened week, bond markets got back to business today in
improved territory throu...
Mon, Nov 26 2012, 3:23 PM
Mortgage
rates once again saw a greater-than-normal degree of stratification
between lenders, meaning that some of them offered lower rates t...
Fri, Nov 23 2012, 12:48 PM
The ability to send a petition directly to the White House brings out the
interesting folks. Who doesn't want cat-girls? Here you go .
Hey, we ...
Fri, Nov 23 2012, 11:23 AM
There continues to be little, if anything to report about goings-on in
bond markets this morning. Earlier in the session, despite activity
being ...
Fri, Nov 23 2012, 8:45 AM
Welcome to the day after the Thanksgiving Holiday--where US markets are
open in name, but closed in spirit. Technically, SIFMA recommends an
"ear...
Fri, Nov 23 2012, 4:41 PM
hough it's the default expectation that early-close sessions
juxtaposed to holidays will be light in volume and uneventful in terms
of volatility,...
Fri, Nov 23 2012, 1:17 PM
Mortgage
rates were unchanged on Friday , based on the small minority
of lenders who remained open. Taken together with the first three days
...
Wed, Nov 21 2012, 11:43 AM
While you're dining on turkey and watching football tomorrow (maybe not
in that order) remember this touching story .
Folks continue to wonder ab...
Wed, Nov 21 2012, 11:36 AM
Trading so far today has represented a slight extension of yesterday's weakness and hopefully, that's all!
Looking at price movements beyond toda...
Wed, Nov 21 2012, 10:04 AM
A former executive of Lender Processing
Services, Inc. (LPS) pled guilty Tuesday to mail and wire fraud charges, admitting
her participation in a ...
Wed, Nov 21 2012, 9:37 AM
The Mortgage
Bankers Association (MBA) reports that mortgage applications activity dropped
slightly during the week ended November 16 compared to ...
Wed, Nov 21 2012, 6:19 AM
Wednesday brings the last of the week's economic data, borrowed from their regularly scheduled days to accommodate
the holiday schedule. Though mar...
Wed, Nov 21 2012, 4:40 PM
As has been the case so often since the onset of the Eurozone crisis, the tenor in domestic bond markets was largely a byproduct of European events in...
Wed, Nov 21 2012, 2:01 PM
Mortgage
rates were all over the board today with some lenders
improving noticeably and others pricing significantly weaker versus
yesterday'...
Tue, Nov 20 2012, 12:38 PM
About a dozen mortgage lenders and
brokers have been put on notice about their potentially misleading
advertisements , especially those aimed at ve...
Tue, Nov 20 2012, 12:15 PM
MBS actually managed to eke out a few ticks of higher prices than yesterday afternoon's best levels before headline risk took it's toll
on bond ma...
Tue, Nov 20 2012, 11:43 AM
Well, if you can't fix your brakes,
make your horn louder . Odd logic is somewhat humorous. But as any LO or
servicer knows, just because you modi...
Tue, Nov 20 2012, 11:04 AM
Permits for new residential construction
were issued at a lower rate in October than in September according to the
monthly report issued on Tuesday...
Tue, Nov 20 2012, 6:48 AM
The holiday-shortened week continues in similar fashion today as
yesterday: with not much on the agenda. Monday's few pieces of economic
data hel...
Tue, Nov 20 2012, 5:17 PM
At a press conference Tuesday afternoon
New York State Attorney General Eric T.
Schneiderman announced he had filed a second complaint against a fin...
Tue, Nov 20 2012, 4:31 PM
It was a choppy day for mortgages as slightly lower-than-average
volume in MBS and much-lower-than average volume in longer-dated
Treasuries exa...
Tue, Nov 20 2012, 3:38 PM
Mortgage rates started out the day mixed but mostly lower as lenders passed along market improvements from late in yesterday's session. Mid-morning h...
Tue, Nov 20 2012, 2:53 PM
I remember when I first learned how to process a loan . Concepts I
had never learned as a media arts major in college or from my minor in
busine...
Tue, Nov 20 2012, 1:48 PM
HUD's report on FHA's finances to Congress was a mere 64 pages. Here's the top (or bottom!) 10 summary for those who lack the time or motivation to...
Mon, Nov 19 2012, 12:47 PM
The National Association of Builders'
(NAHB) measure of builder confidence took a big jump in November, rising to its
highest level since May of 200...
Mon, Nov 19 2012, 12:29 PM
Existing
home sales increased 2.1 percent on a seasonally adjusted basis in October
according to data released today by the National Association of...
Mon, Nov 19 2012, 11:32 AM
Applications
for mortgage refinancing encountered increased processing time again in October
when it took an average of 54 days to close a loan, a...
Mon, Nov 19 2012, 11:21 AM
The morning's economic data were both better than expected with Existing Home Sales coming in at 4.79 mln vs 4.75 mln.
The NAHB's Housing Market In...
Mon, Nov 19 2012, 10:41 AM
"Be good to your neighbor - they know where you live!" The Pilgrims did
not have many neighbors, but in the in the fall of 1621 they held a three-day...
Mon, Nov 19 2012, 8:02 AM
This week will be punctuated in the US, with a full closure on Thursday for
Thanksgiving and an early close on Friday (2:00 PM ET). The effects o...
Mon, Nov 19 2012, 4:15 PM
MBS and broader bond markets began the day in weaker territory after a major "risk-on" move
in the overnight session. What's interesting (maybe?)...
Mon, Nov 19 2012, 2:20 PM
Mortgage
rates were higher to start the holiday-shortened week .
Despite the deterioration, rates remain broadly consistent with a range
that...
Mon, Nov 19 2012, 1:44 PM
Since
the signing of the agreement, nearly 310,000 homeowners have received monetary relief
under the National Mortgage Settlement according to a pr...
Fri, Nov 16 2012, 12:21 PM
It's been a wild morning for market events, unexpected headlines,
and corresponding reactions across diverse markets. In a true sign of
the tim...
Fri, Nov 16 2012, 11:11 AM
The Federal Housing Finance
Agency (FHFA) released its 2012 Performance and Accountability Report (PAR)
on Thursday and announced that its finan...
Fri, Nov 16 2012, 10:24 AM
Why fit in when you're born to stand out? I remember when every computer
had McAfee anti-virus software - it stood out. This has nothing to do with
...
Fri, Nov 16 2012, 9:54 AM
The HOPE Financial Dignity Center held its grand
opening yesterday and hosted Federal Reserve Chairman Ben S. Bernanke as its
speaker. The Center, ...
Fri, Nov 16 2012, 7:32 AM
Much in the same vein as Greece and QE3, the Fiscal Cliff is the new mega-issue du jour for financial markets. That this was likely to become an is...
Fri, Nov 16 2012, 4:28 PM
Wow... Quite a Friday! What, by all rights, could have been an
uneventful "fade-to-sideways" into the weekend (and holiday-shortened
week ahead)...
Fri, Nov 16 2012, 4:11 PM
Mortgage
rates continued to bounce back , moving lower for a second
straight day after rising on the first two days of the week. Net/net,
the...
Fri, Nov 16 2012, 3:33 PM
Eric
T. Schneiderman, New York State Attorney General, told Wells Fargo Bank today that
it could not use Hurricane Sandy to excuse itself "from an...
Fri, Nov 16 2012, 1:33 PM
The U.S. Department of Housing and
Urban Development (HUD) said today that the capital reserve ratio of the Federal
Housing Administration's (FHA) M...
Thu, Nov 15 2012, 12:31 PM
Bond markets began the day in moderately weaker territory after Asian
and European sessions took yields higher overnight. But the onset of
the do...
Thu, Nov 15 2012, 12:12 PM
Overall customer satisfaction with
mortgage lenders reached a six-year high in the J.D.
Power and Associates 2012 U.S. Primary Mortgage Originatio...
Thu, Nov 15 2012, 9:44 AM
The median age of a Realtor is 56 - as in "fifty six."
I...
Thu, Nov 15 2012, 9:28 AM
In 2011 the Department of the Treasury, in an attempt to alleviate some of the problems borrowers were having trying to take advantage of its Making H...
Thu, Nov 15 2012, 9:15 AM
Parsing foreclosure data in search of
trends is becoming increasingly difficult as evidenced by the RealtyTrac's
October U.S. Foreclosure market Re...
