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
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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
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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
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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
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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,...
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...
