Mon, Mar 19 2012, 11:16 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 19 2012, 10:27 AM
In this
environment, not only are many mortgage lenders making good returns, but the
Treasury is as well. The Treasury Department may announce today...
Mon, Mar 19 2012, 4:16 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 19 2012, 4:06 PM
Fourth quarter statistics on the
activities of Freddie Mac and Fannie Mae (the GSEs) in assisting homeowners to stay
in their homes were released ...
Mon, Mar 19 2012, 3:38 PM
With the new week comes new pain for Mortgages Rates , which rose to their highest levels of the year today. Lenders have been adjusting their rat...
Mon, Mar 19 2012, 2:12 PM
Fannie 3.5 MBS are in line with Friday morning's worst levels which marked the lowest prices of the year. The theme so far today has been decidedly ...
Mon, Mar 19 2012, 1:30 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market
Index (HMI) held steady in March, consolidating five straight months of...
Mon, Mar 19 2012, 1:29 PM
Legislation and regulations that delay foreclosures
in various states came in for sharp criticism from a Federal Housing Finance
Agency (FHFA) off...
Mon, Mar 19 2012, 1:27 AM
The week just passed was horribly epic--fraught with significant
economic data (both at home and abroad), important Treasury auctions, an
FOMC Ann...
Fri, Mar 16 2012, 11:20 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Mar 16 2012, 10:41 AM
In a
unique combination of "Babe" and "Now Comes Miller Time",
if you only watch one video today, make it this one .
Mortgage
bankers and broke...
Fri, Mar 16 2012, 8:06 AM
" As we look ahead to the current week's calendar of events, we're
starting to think that last week may have only been a diversion for ...
Fri, Mar 16 2012, 4:20 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Mar 16 2012, 3:47 PM
Mortgages Rates managed to hold mostly steady today, ending a week that saw the sharpest 2 day increase in nearly 6 months. Best-Execution for 30-...
Fri, Mar 16 2012, 1:54 PM
The biggest bouts of volatility were seen this morning in terms of MBS and Treasury movement. Each were deposited on the other side of the noon hour ...
Thu, Mar 15 2012, 12:48 PM
The Center for Responsible Lending (CRL)
has published a summary of the National Mortgage Settlement Agreement which
makes it easy to review the d...
Thu, Mar 15 2012, 11:15 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Mar 15 2012, 9:40 AM
Foreclosure filings during the month of
February were down 2 percent from filings in January and 8 percent from the
pace set in February 2011. Data...
Thu, Mar 15 2012, 8:13 AM
Treasuries were weaker again in the overnight session, again in huge volume, and by a sizable amount. Selling was more pronounced in the Asian sessio...
Thu, Mar 15 2012, 5:04 PM
Mortgages Rates took a beating yesterday, with the recently prevalent 3.875% Best-Execution rate for 30-Year Fixed, Conventional Loans falling comp...
Thu, Mar 15 2012, 4:20 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Mar 15 2012, 3:14 PM
As we noted yesterday, we're expecting wider trading ranges following yesterday's big breakout. Although we did have nearly a 10bp range in 10yr yiel...
Thu, Mar 15 2012, 2:30 PM
The Treasury market has sold off over the last few sessions with a
violence that brought the debacle of 1994 to mind for industry veterans. The yiel...
Thu, Mar 15 2012, 2:19 PM
The number of completed foreclosures in
January rose to 69,000 from 65,000 in December according to the National
Foreclosure Report released today...
Thu, Mar 15 2012, 2:07 PM
The servicers scoring STAR rewards for
the second half of 2011 were announced today by Fannie Mae . STAR, the Servicer Total Achievement and
Re...
Wed, Mar 14 2012, 11:21 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Mar 14 2012, 10:53 AM
Happy Pi
Day. (Remember high school geometry...)
As
expected, the Fed did not make any policy changes at yesterday. Perhaps they most
of their ...
Wed, Mar 14 2012, 10:35 AM
The majority of the large bank holding companies in
the country have successfully completed the latest round of bank stress tests
conducted by the...
Wed, Mar 14 2012, 10:16 AM
Mortgage applications during the week
ended March 9 declined 2.4 percent on a seasonally adjusted basis and 1.8
percent unadjusted from the previou...
Wed, Mar 14 2012, 8:15 AM
It's an ugly morning. Bond markets have done everything they can to push yields as high as possible in as short a time as possible and with as much v...
Wed, Mar 14 2012, 4:50 PM
Mortgages Rates moved higher today at their fastest pace in months. 3.875% Best-Execution is off the table today and even the more aggressively-p...
Wed, Mar 14 2012, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Mar 14 2012, 3:48 PM
The Department of Housing and Urban
Development released five reports from its Office of Inspector General on Tuesday
based on reviews of the for...
Wed, Mar 14 2012, 3:17 PM
As far as bad days go for bond markets and MBS, today was about as bad as it gets . 10yr yields hit their 3pm close about 16 bps higher than yesterd...
Wed, Mar 14 2012, 3:03 PM
An Appraisal Institute official told the
U.S. Sentencing Commission that appraisals rather than tax assessments should
be the standard for compu...
Tue, Mar 13 2012, 12:34 PM
After opening weaker and continuing to sell in the morning hours, MBS and Treasuries have moved into a bit of a sideways stance ahead of the first of ...
Tue, Mar 13 2012, 11:18 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Mar 13 2012, 11:08 AM
Everyone
wants feedback these days: the CFPB, Burger King (I got a free $3 chicken
sandwich after spending 30 minutes filling out a survey!), servic...
Tue, Mar 13 2012, 8:07 AM
Stock futures and Treasury yields moved higher overnight, helped by yesterday's final approval of the Greek bailout funds (expected) and a very strong...
Tue, Mar 13 2012, 5:57 PM
Three executives of Thornburg
Mortgage Company were charged today with securities violations for hiding the
financial condition of the company. T...
Tue, Mar 13 2012, 4:38 PM
Despite the uneventful start to the week yesterday, Mortgages Rates are sharply higher today, rapidly re-introducing 4.0% as the more prevalen...
Tue, Mar 13 2012, 4:18 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 12 2012, 11:22 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 12 2012, 10:10 AM
Here's
some good news for some: The Financial Times reports that, "The Federal Reserve
is this week expected to pave the way for a
doubling of ban...
Mon, Mar 12 2012, 4:18 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Mar 12 2012, 3:21 PM
After ending the previous week with two days in a row of being unchanged, Mortgages Rates begin the current week in slightly better territory. 3.87...
Mon, Mar 12 2012, 3:18 AM
As we look ahead to the current week's calendar of events, we're starting to think that last week may have only been a diversion for the real attac...
Mon, Mar 12 2012, 1:58 PM
As expected, volume and volatility have been quite light today as the week's more meaningful events are on hold until tomorrow. This morning's schedu...
Sat, Mar 10 2012, 10:04 AM
Sometimes
I revert back to 5th grade. (Some would suggest I'm still in it.) Have you
heard of the new HAMP-related Principal Reduction Alternative P...
Fri, Mar 9 2012, 12:52 PM
The Wall Street Journal reported this morning that Bank of
American (BOA) has struck a side deal with the government that would cut
penalties ass...
