Mon, Sep 26 2011, 10:27 AM
Have you
ever heard of the Federal Financial Institutions Examination Council? I must
admit that I hadn't, until it released its latest report which...
Mon, Sep 26 2011, 8:39 AM
Treasuries are little changed from Friday's levels but the stock market, after losing more than 6% last week, is preparing to rebound in early trading...
Mon, Sep 26 2011, 5:03 PM
After two days of significant
improvements, Mortgage
Rates took a measured step back on Friday.
Best-Execution rates rose about an eighth of a ...
Mon, Sep 26 2011, 4:26 PM
A few charts for the afternoon... First, we'll take a look at a short term chart of 10yr note yields vs the S&P index. It's fairly common that we se...
Mon, Sep 26 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Sep 26 2011, 3:14 PM
The latest Campbell/Inside Mortgage
Finance HousingPulse Tracking Survey , released on Monday, has a pair of
findings that should be distressing ...
Mon, Sep 26 2011, 2:55 PM
The New York Fed released it's FAQS (frequently asked questions) on the reinvestment of Agency debt payments into MBS announced in Wednesday's FOMC St...
Fri, Sep 23 2011, 11:50 AM
For the first time in seven quarters the
level of outstanding commercial/multifamily mortgage debt grew in the U.S
according to information releas...
Fri, Sep 23 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Sep 23 2011, 10:24 AM
Hopefully
failing a breathalyzer test doesn't happen to any mortgage bankers tonight
after Happy Hour.
Folks who
are hedging a pipeline, or wh...
Fri, Sep 23 2011, 8:52 AM
Treasuries are little changed this morning following the massive flattening of the yield curve that's taken place since Wednesday's FOMC statement. Eq...
Fri, Sep 23 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Sep 23 2011, 3:57 PM
After two days of significant improvements, Mortgage Rates took a measured
step back today. Best-Execution rates
rose about an eighth of a point...
Thu, Sep 22 2011, 11:45 AM
The Federal Housing Finance Agency's House
Price Index (HPI) for July indicates that seasonally adjusted house prices rose
0.8 percent in July. A...
Thu, Sep 22 2011, 11:20 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Sep 22 2011, 10:32 AM
Sometimes
things aren't always what they seem. For example, http://www.wimp.com/sweetride/ .
One would
hope that a major US bank is what it seem...
Thu, Sep 22 2011, 8:26 AM
Wednesday's FOMC announcement initiated a sell-off in U.S. equities that rippled across the globe overnight . U.S. equity futures are now responding ...
Thu, Sep 22 2011, 5:17 PM
After yesterday's FOMC Announcement, Mortgage Rates moved to all time
lows. The rally in bond markets extended
overnight and throughout today's tra...
Thu, Sep 22 2011, 4:27 PM
First of all, let's be clear: we're not saying 10yr yields are definitely going to 1.5%. But we've heard the news that some folks think it's possible...
Thu, Sep 22 2011, 4:20 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Sep 22 2011, 4:00 PM
Last week RadarLogic, a real estate data and analytics
company, submitted a proposal, which we covered here , to
the Federal Housing Finance Agency...
Wed, Sep 21 2011, 11:24 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Wed, Sep 21 2011, 11:06 AM
I handed
the teller at my bank a withdrawal slip for $400.00. I said "May I have
large bills, please." She looked at me and said, "I'm sorry sir, al...
Wed, Sep 21 2011, 9:53 AM
The
Mortgage Bankers Association (MBA) reported this morning that mortgage applications rose slightly during the week ended September 16. The chan...
Wed, Sep 21 2011, 8:20 AM
Market focus will be on the Federal Reserve today as traders wait to see whether the Fed will engage in further quantitative easing. The expectation...
Wed, Sep 21 2011, 5:16 PM
Yesterday we wrote: "Until we see proof that the Secondary Mortgage Market
can break higher than its recent highs, we're hesitant to outright PLAN on...
Wed, Sep 21 2011, 4:15 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Sep 21 2011, 3:03 PM
Here's the alert MBSonMND subscribers received shortly after the FOMC statement:
2:58 PM; Reprices for the Better Likely as FOMC Statement Ro...
Wed, Sep 21 2011, 2:22 PM
Despite what they referred to as " headwinds ,"
the National Association of Realtors (NAR)® reported on Wednesday that sales of
existing homes wer...
Tue, Sep 20 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Sep 20 2011, 10:54 AM
It used to
be that people who walked down the street arguing with nobody there were deemed
"crazy". When cellphones first got overly popular, my mo...
Tue, Sep 20 2011, 8:30 AM
Markets are a little more upbeat this morning as Treasuries reverse course from Monday and equity futures prepare for a rebound after shedding nearly ...
Tue, Sep 20 2011, 4:24 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Sep 20 2011, 2:46 PM
Some overnight news out of Europe did a small amount of damage to bond
markets earlier this morning and based on market levels, Mortgage
Rates wer...
Tue, Sep 20 2011, 2:13 PM
Ever since the abundance of data last Thursday morning, the general expectation has been for a decrease in volume and directionality heading into tomo...
Tue, Sep 20 2011, 2:13 PM
Building permits ( charts ) were issued in August
at a 3.2 percent higher rate than in July, but housing starts ( chart ) fell even further
than e...
Mon, Sep 19 2011, 12:50 PM
Home sales may be stagnant but,
according to data released on Monday by Buildfax, homeowners are increasingly
upgrading the homes they already ha...
Mon, Sep 19 2011, 12:39 PM
The Housing Market Index (HMI) release
today by the National Association of Home Builders (NAHB)/Wells Fargo remained
virtually unchanged for the ...
Mon, Sep 19 2011, 11:53 AM
At the same time the Acting Director of the FHFA is considering loosening guidelines or reducing fees in conjunction with an expanded HARP offering, h...
Mon, Sep 19 2011, 11:48 AM
Two Appellate Courts in California, citing two
separate rationales, have upheld the legal standing of MERS to foreclose .
In Calvo v. HSBC ...
Mon, Sep 19 2011, 11:46 AM
Welcome to
Talk Like a Pirate Day. Of course, 3.14159...% of sailors are Pi Rates.
Yesterday through next Sunday is "National Singles Week", sta...
Mon, Sep 19 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 19 2011, 8:42 AM
Housing and monetary policy. Those are the themes dominating an otherwise light data docket this week. But investor focus could be more attuned to the...
Mon, Sep 19 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 19 2011, 3:10 PM
Earlier this month, we asked what it might take to break the "concrete ceiling" in MBS. Then again we revisitied longer term MBS charts at the end ...
Mon, Sep 19 2011, 3:07 PM
Building on Friday's late day comeback, news out of Europe helped US Bond
Markets (Including the Secondary Mortgage Market) to walk in the door in
r...
Fri, Sep 16 2011, 12:59 PM
Representative Darrell Issa (R-CA), has requested information
from the Federal Housing Finance Agency on what he said might be a "back-door
bailout...
Fri, Sep 16 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Sep 16 2011, 11:11 AM
Volatile couple of days for MBS... After a moderate day of losses yesterday, MBS were down again this morning, and with limited impact expected from ...
Fri, Sep 16 2011, 10:40 AM
"I
went for my routine check-up today and everything seemed to be going fine
until he asked me to drop my shorts! Do you think I should change
den...
