Thu, Dec 22 2011, 11:34 AM
The value of U.S. residential units
continued to decline in October and is now down almost 20 percent from the
levels reached at the peak of the hou...
Thu, Dec 22 2011, 11:26 AM
Assistant
U.S. Attorney General Thomas E. Perez condemned the lending practices of the
former Countrywide Financial Corporation while announcing a...
Thu, Dec 22 2011, 11:18 AM
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Thu, Dec 22 2011, 10:23 AM
The JD
Power Survey is mostly known for car rankings. But the rating firm also takes a
look at mortgage lenders .
Congrats
in the above to Qui...
Thu, Dec 22 2011, 8:22 AM
Volume in the overnight session was some of the lowest of the year. Trading was uninspired by any meaningful headline or event. Year-end is officially...
Thu, Dec 22 2011, 4:18 PM
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Thu, Dec 22 2011, 2:14 PM
Mortgage Rates are slightly improved today after minor increases to borrowing costs over the past two days. Before that, rates spent several days at...
Wed, Dec 21 2011, 12:49 PM
Existing home sales rose 4.0 percent in
November to a seasonally adjusted annual rate of 4.42 million homes, up from
4.25 million in October accord...
Wed, Dec 21 2011, 12:15 PM
As the National Association of Realtors®
(NAR) first announced last week, its periodic rebenchmarking of existing home
sales data uncovered some p...
Wed, Dec 21 2011, 11:42 AM
Even though stocks and the Euro are trading lower, bond markets have been stubborn this morning in maintaining slightly weaker levels. MBS are about ...
Wed, Dec 21 2011, 11:27 AM
The Mortgage Bankers Association (MBA) has demonstrated again that the
public's perception of the real estate market depends on which side of the
cl...
Wed, Dec 21 2011, 11:22 AM
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Wed, Dec 21 2011, 11:17 AM
If you
have a few minutes, and want to learn more about our economy ("One recent
survey found that one out of every three Americans would not be abl...
Wed, Dec 21 2011, 9:05 AM
The
Mortgage Bankers Association's (MBA) Market Composite Index decreased 2.6
percent on a seasonally adjusted basis during the week ended December ...
Wed, Dec 21 2011, 8:36 AM
The ECB's LTRO (Long Term Refinancing Operation) dominated the overnight session. But as it turns out, it's effects on domestic yields were mostly see...
Wed, Dec 21 2011, 4:18 PM
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Wed, Dec 21 2011, 4:04 PM
According to data reported on Wednesday
by CoreLogic, the residential shadow inventory as of October stood at 1.6
million housing units, a supply ...
Wed, Dec 21 2011, 3:59 PM
The Office of Comptroller of the
Currency released its Quarterly Mortgage Metrics Report on Wednesday showing
that delinquencies among mortgages ser...
Wed, Dec 21 2011, 2:24 PM
Here are the earlier alerts that MBS Live subscribers received:
Before the Auction:
7yr Notes have averaged a 2.89 bid-to-cover and saw a...
Wed, Dec 21 2011, 1:43 PM
After several days at record lows with little deviation in borrowing costs, Mortgage Rates have now moved slightly higher on two consecutive days. T...
Tue, Dec 20 2011, 11:22 AM
Bond markets continue to weaken as European peripheral markets are generally more upbeat after receiving their promised holiday gift in the form of th...
Tue, Dec 20 2011, 11:17 AM
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Tue, Dec 20 2011, 10:38 AM
I f you
have trouble finding something for that special person who has everything, how
about a new chia pet.
The old
saying, "Give a man a...
Tue, Dec 20 2011, 10:15 AM
Building permits issued in November were
up 5.7 percent from the number issued in October according to joint data
released this morning by the U....
Tue, Dec 20 2011, 8:29 AM
Bond markets are slightly weaker overnight following a fairly uneventful European session. 10yr yields rose roughly 5bps to 1.85 and S&P futures adde...
Tue, Dec 20 2011, 4:22 PM
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Tue, Dec 20 2011, 3:03 PM
Late November definitely felt like more of a sell-off than today, but in terms of single session 8am-3pm losses, 10yr yields rose the most since Octob...
Tue, Dec 20 2011, 2:35 PM
After several days at record lows with little deviation in borrowing costs, Mortgage Rates worsened somewhat today. The weakness, however, does not...
Mon, Dec 19 2011, 12:53 PM
While the full Mortgage Monitor report won't
be available until January, Lender Processing Services has released some
highlights for its November mo...
Mon, Dec 19 2011, 11:26 AM
European Central Bank President Mario Draghi is currently testifying before the Economics and Monetary Affairs Committee in European Parliament. The ...
Mon, Dec 19 2011, 11:17 AM
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Mon, Dec 19 2011, 11:04 AM
Another shoe dropped last week as the Nevada attorney general brought suit
against Lender Processing Services , DOCX, LPS Default Solutions and othe...
Mon, Dec 19 2011, 10:59 AM
If you
have a few seconds, go to Google and do a search on "Let it snow."
There's even a "defrost" button.
I am sure that many originators wish...
Mon, Dec 19 2011, 10:03 AM
Homebuilders are more optimistic than they've been about single-family home sales in a year and a half according to a report released today by the Na...
Mon, Dec 19 2011, 8:48 AM
There was little to move markets overnight, including the much-discussed death of Kim Jong-Il. While this amounted to more than a blip on Korea's Kos...
Mon, Dec 19 2011, 4:17 PM
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Mon, Dec 19 2011, 2:45 PM
Mortgage Rates remain at record lows, both in terms of the Best-Execution interest rate as well as the costs involved in obtaining that rate. Althou...
Fri, Dec 16 2011, 12:15 PM
The latest alert on the MBS Live Dashboard at 11:15am works just as well about an hour later to explain current goings on:
Dealers Set Em Up, Fe...
Fri, Dec 16 2011, 12:12 PM
Six
former top executives of Fannie Mae and Freddie Mac were charged with securities
fraud Friday morning in connection with mortgage backed s...
Fri, Dec 16 2011, 11:21 AM
MBS Live : MBS MID-DAY
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Fri, Dec 16 2011, 10:17 AM
Since
bread is square, then why is sandwich meat round? And why should VA loan limits
be any different than other government agency loan limits? The...
Fri, Dec 16 2011, 8:51 AM
Bond markets opened slightly weaker on uneventful overnight session. Last night was perhaps the least dramatic of the week in terms of the European h...
Fri, Dec 16 2011, 4:21 PM
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Fri, Dec 16 2011, 3:26 PM
Mortgage Rates
experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to ob...
Thu, Dec 15 2011, 10:02 AM
Christmas
Day is only ten days away, and thrill-seeking mortgage bankers and Realtors
everywhere are wondering what they'll find under their tree. H...
Thu, Dec 15 2011, 9:51 AM
Foreclosure activity continued to
decline in November and is now down 14 percent from one year ago when one in
every 492 U.S. housing units was t...
Thu, Dec 15 2011, 8:58 AM
After the massive glut of domestic economic data this morning, MBS and Treasuries are understandably under some selling pressure, but have been holdin...
Thu, Dec 15 2011, 4:21 PM
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Thu, Dec 15 2011, 3:41 PM
Despite a busy morning of economic data, Mortgage Rates
are essentially unchanged from yesterday's levels, leaving the all-time-low 3.875% Best-Ex...
Thu, Dec 15 2011, 2:21 PM
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