Wed, Mar 7 2012, 2:33 PM
Consumer attitudes about the economy
have risen considerably over the past few months while their confidence in
their own financial situations have ...
Wed, Mar 7 2012, 1:49 PM
Mortgages Rates were essentially unchanged today. Several lenders showed small improvements and at least as many, moderate deterioration, with one...
Tue, Mar 6 2012, 11:24 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Mar 6 2012, 11:08 AM
As has
been said, there is plenty of blame to go around. Sometimes the press even
notices that not all borrowers are above culpability .
Texas i...
Tue, Mar 6 2012, 10:05 AM
Today President Barack Obama will announce plans
to allow homeowners with FHA insured loans refinance at lower rates and will
also detail an agreeme...
Tue, Mar 6 2012, 8:06 AM
Bond markets are modestly improved overnight as 10yr yields returned to their February midpoint near 1.98 after rumors circulated that the deadline fo...
Tue, Mar 6 2012, 4:24 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Mar 6 2012, 2:44 PM
Mortgages Rates improved slightly today after rumors circulated regarding Greece's private bond swap efforts. Today's improvements tip the scales ...
Tue, Mar 6 2012, 2:32 PM
As MND reported earlier this
morning, President Obama is set to announce changes in fees charged to
FHA-insured borrowers who wish to refinance in...
Tue, Mar 6 2012, 2:21 PM
Both foreclosure starts and foreclosure
sales jumped significantly in January according to data released today by
Lender Processing Services (LP...
Tue, Mar 6 2012, 1:06 PM
MBS and Treasuries continue to trade in positive territory in reasonably strong volume on what has turned out to be a good example of a "risk-off" day...
Mon, Mar 5 2012, 11:24 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 5 2012, 9:39 AM
Investors,
those left, have been somewhat busy recently, adjusting
underwriting and documentation guidelines to continue to make current
production...
Mon, Mar 5 2012, 9:36 AM
n the interesting
side, per the FDIC, there were no new banks created in the US in 2011, making
it the first year since at least 1984 that the count...
Mon, Mar 5 2012, 7:56 AM
Bond markets experienced almost the full spectrum of February's range last week, with 10yr yields moving from the lows of the range, to the highs, and...
Mon, Mar 5 2012, 4:24 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 5 2012, 3:44 PM
As is sometimes the case on Monday's, market movements and changes in Mortgages Rates are fairly subdued to begin the week. Mortgage rates are so...
Mon, Mar 5 2012, 1:32 PM
HOPE NOW , the voluntary foreclosure
prevention program put together by a private sector group of mortgage
servicers, investors, mortgage insurers, ...
Mon, Mar 5 2012, 1:01 PM
MBS opened today just over the well-travelled 103-10 pivot point and moved higher to hold a sideways range around 103-16 since 10am. Volume has been ...
Fri, Mar 2 2012, 11:19 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Mar 2 2012, 10:05 AM
It's been a good morning so far for production MBS as Fannie 3.5's are back above price levels from Wednesday afternoon. Improving the situation is s...
Fri, Mar 2 2012, 9:55 AM
March is
National Women's History Month. Contrary to what some believe, it is not in
honor of this "classic" 30 second clip . (Sometimes I crack my...
Fri, Mar 2 2012, 7:43 AM
Bond markets spent most of the day yesterday defending recent ranges as MBS and 10yr yields were both backed up against recent technical support. Thi...
Fri, Mar 2 2012, 5:23 PM
The February edition of the Housing
Scorecard was released by the Departments of Treasury and Housing and Urban
Development (HUD) on Friday. In w...
Fri, Mar 2 2012, 4:24 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Mar 2 2012, 2:24 PM
Mortgages Rates were sharply higher yesterday, but have recovered a significant portion of those losses today. The most noticeable movement was ...
Thu, Mar 1 2012, 12:11 PM
The Census Bureau said this morning that
construction spending in the U.S. dipped slightly in January but was well above
outlays a year earlier. ...
Thu, Mar 1 2012, 11:19 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Mar 1 2012, 10:49 AM
Two-thirds
of the way through the 1 st quarter, and we find ourselves in Irish-American
Heritage Month, which, happily for Chicago, contains St. Pa...
Thu, Mar 1 2012, 9:10 AM
Sales of
distressed real estate made up nearly a quarter of all single-family
residential sales both in the fourth quarter of 2011 and the entire ...
Thu, Mar 1 2012, 6:58 AM
Wednesday lived up to the hype, which we suggested was overly
downplayed by the time the key events hit. Then again, 10yr yields were
still under...
Thu, Mar 1 2012, 4:19 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Mar 1 2012, 3:55 PM
Mortgages Rates are sharply higher over the past two days, and Conventional 30yr Fixed Best-Execution rates moved up from 3.875% to 4.0% unequivocal...
Thu, Mar 1 2012, 2:37 PM
With home prices nationwide continuing
to decline it is not surprising that the number of homeowners who are
underwater (i.e. owe more on their mo...
Thu, Mar 1 2012, 1:12 PM
MBS continue to trade in the red into the afternoon basically in the same range as this morning. Despite the jump lower in prices today, we're still...
Wed, Feb 29 2012, 12:24 PM
Two more courts have upheld the validity of mortgage
assignments passed through the Mortgage Electronic Registration System (MERS). Two judges, both...
Wed, Feb 29 2012, 12:07 AM
Markets mostly shrugged off a much-better-than-expected Consumer
Confidence number on Tuesday in favor of a much worse-than-expected
Durable Goods...
Wed, Feb 29 2012, 11:56 AM
Fannie Mae is reporting a net loss of
$2.4 billion for the fourth quarter of 2011 compared to a net loss of $5.1
billion in the third Quarter. Fo...
Wed, Feb 29 2012, 11:19 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Feb 29 2012, 11:04 AM
Happy Leap
Year! If you are a real astronomy nut, check out this youtube video .
If you are not, don't bother.
Underwriters
and LO's rarely rai...
Wed, Feb 29 2012, 9:35 AM
Applications
for purchase mortgages jumped during the week ended February 24, but the
Mortgage Bankers Association's (MBA) Market Composite Index ...
Wed, Feb 29 2012, 4:33 PM
The original formulators of the S&P/Case-Shiller
Housing Price Indices held a press conference on Tuesday to discuss the state
of the housing marke...
Wed, Feb 29 2012, 4:19 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Feb 29 2012, 4:12 PM
A topic of particular current interest is the state of the ARM market , particularly with respect to the factors that drive ARM lending rates. Despit...
Wed, Feb 29 2012, 3:02 PM
Mortgages Rates snapped an relatively long streak of stability, moving higher for the first time in a week after digesting today's high-risk events. ...
Wed, Feb 29 2012, 2:15 PM
( MBS Live ) - 1:51 PM - For all the apparent drama on the short term charts, today's sell-off in bond markets is rather orderly in broader contexts. ...
Tue, Feb 28 2012, 12:51 AM
After a Monday with only one major economic report, Tuesday's calendar is busier by comparison. Additionally, Today's data has more more market-movin...
Tue, Feb 28 2012, 12:36 PM
Commercial banks and savings
institutions insured by the Federal Deposit Insurance Corporation (FDIC) have
just posted their 10 th consecutive qua...
Tue, Feb 28 2012, 12:02 PM
Please
excuse any grammar errors this morning - I am still recovering after fainting
during my visit to the gas station last night - $4.20/gallon fo...
Tue, Feb 28 2012, 11:55 AM
MERS , the Mortgage Electronic
Registration System, won another court battle last week. On February 21 the New Hampshire Superior
Court affirmed,...
