Tue, Feb 28 2012, 11:37 AM
All three of the S&P/Case-Shiller
Indices hit new post-crisis lows during December. The year ended with the national composite,
which is reported...
Tue, Feb 28 2012, 11:19 AM
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Tue, Feb 28 2012, 9:16 AM
The
Federal Housing Administration ( FHA ) announced that it is
increasing both upfront and annual premiums for its insured single family loans. An...
Tue, Feb 28 2012, 5:05 PM
In broad ranging testimony before the Senate
Committee on Banking,
Housing, and Urban Affairs on Tuesday, Housing and Urban
Development (HUD) Secr...
Tue, Feb 28 2012, 4:19 PM
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Tue, Feb 28 2012, 3:15 PM
Mortgages Rates have strung together 5 consecutive days of either holding steady or slight improvements. Best-Execution for 30yr Fixed Conventional ...
Tue, Feb 28 2012, 1:36 PM
Bond markets came into today in positive territory from the outset. Technical conditions helped foster bullish momentum for Treasuries overnight and ...
Tue, Feb 28 2012, 1:11 PM
Federal Reserve Governor Elizabeth A. Duke told
members of the Senate Committee on Banking, Housing, and Urban Affairs that "the failure of the hou...
Mon, Feb 27 2012, 12:43 AM
Although Non-Farm Payrolls does not make it onto this week's scheduled in it's traditional 'first Friday of the month' slot, there's still more domest...
Mon, Feb 27 2012, 12:40 PM
Very little has changed from this morning. There haven't been any significant market moving events for MBS. The most noticeable uptick in bond marke...
Mon, Feb 27 2012, 12:38 PM
The Federal Reserve Board has posted on-line action plans developed by nine
of its supervised financial institutions to correct deficiencies in their...
Mon, Feb 27 2012, 12:23 PM
A survey of real estate agents conducted
by Campbell/Inside Mortgage Finance indicates that current homeowners are
increasingly shopping for their n...
Mon, Feb 27 2012, 11:17 AM
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Mon, Feb 27 2012, 11:00 PM
HUD today announced that mortgage insurance for FHA loans will increase April 1 and June 1.
Mon, Feb 27 2012, 10:57 AM
Consumer complaints have triggered
yet another legal problem for Bank of America.
The Department of Housing and Urban Development announced on Mond...
Mon, Feb 27 2012, 10:37 AM
Pending
home sales in January reached a level last seen at the height of the homebuyer
tax credit bubble nearly two years ago according to informati...
Mon, Feb 27 2012, 10:33 AM
Flagstar
Bancorp, parent company of Flagstar Bank has settled claims with the Department
of Justice over some of its underwriting practices as an FH...
Mon, Feb 27 2012, 9:07 AM
When
asked, most people would not want to know the exact date of their death. But an
idea of how an insurance company gauges and calculates your lif...
Mon, Feb 27 2012, 4:17 PM
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Mon, Feb 27 2012, 3:41 PM
Investors who have prequalified to
purchase lender owned real estate (REO) under a program unveiled February 1 by
the Federal Housing Finance Agency...
Mon, Feb 27 2012, 2:53 PM
Mortgages Rates
finished out the previous week in positive fashion, logging three straight days of minor improvements after beginning the week poor...
Sun, Feb 26 2012, 8:53 AM
Up in
Georgia, Central Bank of Georgia was closed by the Georgia Department of
Banking and Finance, which appointed the FDIC as receiver, which in t...
Fri, Feb 24 2012, 12:43 AM
In terms of economic data, the day kicks off with the more important
of the two reports offered: Consumer Sentiment at 9:55am. The forecast
calls...
Fri, Feb 24 2012, 11:57 AM
Multi-family rentals are leading the
recovery in the commercial real estate market, becoming what the National
Association of Realtors® (NAR) calls ...
Fri, Feb 24 2012, 11:55 AM
New home sales in January were at a seasonally adjusted
annual rate of 321,000, a decrease of 0.9 percent from the upwardly revised December
rate o...
Fri, Feb 24 2012, 11:17 AM
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Fri, Feb 24 2012, 9:58 AM
"First
wash all the cars, then wax."
"Why do I have to..."
"Remember deal. No questions."
"Yeah, but..."
"Wax on right hand. Wax off left han...
Fri, Feb 24 2012, 9:08 AM
Bank of America, Corp will stop selling new mortgages to Fannie
Mae as the result of a dispute over the way Fannie Mae is handling repurchases.
I...
Fri, Feb 24 2012, 4:17 PM
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Fri, Feb 24 2012, 3:44 PM
After beginning the week in significantly worse shape, Mortgages Rates finish the week having fought back in small increments against that weakness ...
Fri, Feb 24 2012, 1:16 PM
So far, today has been a serious snoozer for bond markets. Volume is low and volatility is all but absent as 10yr notes and production MBS continue...
Thu, Feb 23 2012, 12:00 AM
Wednesday ended on a positive note for Mortgage-Backed Securities and Treasuries after uneventful economic data in the morning, a reasonable 5yr Note ...
Thu, Feb 23 2012, 11:59 AM
Money is
money, right? If Congress can place a " mortgage tax " in the form of higher
g-fees, and use the money to help cover a payroll tax waiver e...
Thu, Feb 23 2012, 11:17 AM
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Thu, Feb 23 2012, 10:33 AM
This morning's release of weekly Jobless Claims data turned out to be a relative non-event as the 351k claims perfectly matched last week's numbers (r...
Thu, Feb 23 2012, 10:17 AM
Another next major marker in the
convoluted foreclosure landscape will probably come in the next few weeks when the
Massachusetts Supreme Judicial...
Thu, Feb 23 2012, 7:27 PM
Previously we discussed the technical factor convexity .
Another set of technical factors that impact secondary managers are in
the dollar roll ...
Thu, Feb 23 2012, 7:23 PM
In a few recent columns, we’ve talked about duration and convexity in the context of changing market prices. They are some of the most misunderst...
Thu, Feb 23 2012, 4:17 PM
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Thu, Feb 23 2012, 4:01 PM
Radar Logic's RPX Composite price for 2011 reached its
lowest point in December since the housing crisis began. The Composite, which tracks housing ...
Thu, Feb 23 2012, 3:46 PM
Mortgages Rates
continued to improve at a slow and steady pace. After rising somewhat abruptly into the end of last week and beginning of the curr...
Thu, Feb 23 2012, 2:00 PM
While the Federal Housing Finance Agency's
( FHFA ) purchase only House Price Index (HPI) was down slightly in the fourth
quarter, data for Decemb...
Wed, Feb 22 2012, 12:26 PM
There was more good news from the
National Association of Realtors® (NAR) on Wednesday as they reported that the
sales of existing homes rose in Jan...
Wed, Feb 22 2012, 11:39 AM
For the second time in just under a
month the Mortgage Electronic Registration System ( MERS ) has won a significant
court victory. The company whi...
Wed, Feb 22 2012, 11:36 AM
Both before and after they were placed into conservatorship
the two government sponsored enterprises Fannie Mae and Freddie Mac (the
Enterprises) s...
Wed, Feb 22 2012, 11:20 AM
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Wed, Feb 22 2012, 10:20 AM
Under the
title, "Too much time on one's hands", anyone involved in the
residential construction/remodeling business might find this, uh, interesti...
Wed, Feb 22 2012, 8:52 AM
Mortgage
applications decreased during the week ended February 17 according to the
Weekly Mortgage Applications Survey released this morning by the...
Wed, Feb 22 2012, 4:16 PM
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Wed, Feb 22 2012, 4:07 PM
Yesterday marked the first time since late January that Best-Execution Mortgages Rates
stood at 4.0% on average, as opposed to what had been the p...
