Thu, Dec 15 2011, 1:13 PM
After the last of this morning's economic data hit, we'd basically seen all there is to see this week. With tomorrow being a Quadruple Witching day, ...
Thu, Dec 15 2011, 1:10 PM
Nearly half of Fannie Mae's eligible servicers
are on track to receive at least a three STAR rating for 2011. Fannie
Mae announced third quarter r...
Wed, Dec 14 2011, 11:21 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Dec 14 2011, 10:51 AM
The National Association of Realtors® (NAR) will
hold a press conference next week to announce revisions to its data on sales of
previously owned U...
Wed, Dec 14 2011, 10:50 AM
Shaun Donovan, Secretary of Housing and
Urban Development (HUD) told the Interagency Council on Homelessness on Tuesday
that homelessness in the cou...
Wed, Dec 14 2011, 10:44 AM
A pig and
a chicken are walking down a road. The chicken looks at the pig and says
"Hey, why don't we open a restaurant?" The pig looks back at the
...
Wed, Dec 14 2011, 9:45 AM
Buoyed
by a surge in refinancing , the Market Composite Index issued weekly by the
Mortgage Bankers Association (MBA) increased by 4.1 percent on a...
Wed, Dec 14 2011, 8:36 AM
After an extremely quiet overnight session, domestic bond markets are beginning the day in generally the same territory as yesterday's close. Fannie 3...
Wed, Dec 14 2011, 4:21 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Dec 14 2011, 3:59 PM
Another strong Treasury auction, among other things, helped Mortgage Rates
in lower again today. Although Best-Execution rates still haven't move...
Wed, Dec 14 2011, 3:20 PM
At the beginning of the week, and even during the morning hours yesterday, prices of Fannie 3.5's (dominant production coupon for conforming 30yr loan...
Tue, Dec 13 2011, 11:33 AM
10yr yields have experienced only a slight benefit from earlier news that German Chancellor Angela Merkel rejected the notion of raising the upper lim...
Tue, Dec 13 2011, 11:21 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Dec 13 2011, 10:55 AM
For you
folks who are clock-watchers as the day winds down: http://lovedbdb.com/nudemenClock/index2.html .
(It makes one think that some software d...
Tue, Dec 13 2011, 10:14 AM
The Federal Housing Finance Agency ( FHFA ) has reacted
on two fronts to a recent move by The City of Chicago to enforce parts of its
housing cod...
Tue, Dec 13 2011, 8:46 AM
This morning's release of November Retail Sales (advance/estimate report) failed to inspire any directional shifts in markets despite the coming in 0....
Tue, Dec 13 2011, 4:16 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Dec 13 2011, 4:03 PM
A strong Treasury auction and an uneventful policy statement from the Federal Reserve paved the way for Mortgage Rates
to improve to their best le...
Tue, Dec 13 2011, 3:10 PM
Today's impressive 10yr Treasury Note Auction was the key component in a rally that has taken 10yr yields from one side of their recent range to the o...
Mon, Dec 12 2011, 11:16 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Dec 12 2011, 10:21 AM
It's a full blown sell-a- thon in stock markets at the moment with S&P's having now charged straight through Friday's lows now down around 25 point...
Mon, Dec 12 2011, 10:00 AM
Any time I
see "Jodie Foster," "housing scheme," "estranged father
"and, "cargo containers" in one sentence, I scramble for the latest edition of
P...
Mon, Dec 12 2011, 8:39 AM
Just as light volume exaggerated the bond market losses on Friday afternoon, it helped things bounce back a bit this morning. But even without the "h...
Mon, Dec 12 2011, 4:16 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Dec 12 2011, 3:27 PM
The most recent alert from MBS Live:
Slight Chance of Negative Reprices as MBS hit Lows 3:43PM
This is one of those alerts where we wouldn't b...
Mon, Dec 12 2011, 3:07 PM
After rising by a very small amount on Friday, Mortgage Rates begin the current week in roughly the same territory. The changes taking place over t...
Mon, Dec 12 2011, 1:44 PM
The Census Bureau regularly issues a
vacant properties report which is generally covered by MND, and less extensive
data on vacancies is kept by oth...
Fri, Dec 9 2011, 12:43 PM
MBS have somewhat recovered from earlier weakness, although it has been enough for some reprice concern, so far we've only seen one lender recall. He...
Fri, Dec 9 2011, 12:05 PM
Senator Johnny Isakson (R-GA) has submitted
legislation to Congress that would put Fannie Mae and Freddie Mac out of
business while creating a ne...
Fri, Dec 9 2011, 11:16 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Dec 9 2011, 11:07 AM
The National Association of Home
Builders (NAHB) reports that one out of every three of its builder members has
lost a sale during the last six mo...
Fri, Dec 9 2011, 10:22 AM
The net worth of U.S. households worsened during the third
quarter of 2011 according to the Federal Reserve's Flow of Funds Summary for
the quarte...
Fri, Dec 9 2011, 9:57 AM
If it's a
slow Friday afternoon in the office today, and you enjoy optical illusions .
I'd like to say that there are no illusions in Washingto...
Fri, Dec 9 2011, 9:41 AM
The Mortgage Bankers Association (MBA) submitted an
Alternative Mortgage Servicing Compensation Discussion Paper to the Federal
Housing Finance Ag...
Fri, Dec 9 2011, 8:42 AM
There are more newswires out of the EU than you can shake a stick at
this morning. In what has to be one of the most anticlimactic
resolutions to ...
Fri, Dec 9 2011, 4:16 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Dec 9 2011, 1:51 PM
Mortgage Rates rose ever-so-slightly today after Best-Execution fell to it's all-time low yesterday. If you didn't catch it, please see yesterday's...
Thu, Dec 8 2011, 12:57 PM
Average per-loan profits among independent mortgage banks and
subsidiaries more than doubled in the third quarter according to the Mortgage
Bankers ...
Thu, Dec 8 2011, 12:52 PM
MBS prices rose to their highest levels in over 2 months today as stocks and Treasury yields fall to their lowest levels of the month. Fannie 3.5 MBS...
Thu, Dec 8 2011, 11:16 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Dec 8 2011, 9:53 AM
If you
made a Christmas wreath out of $100 bills would you have Areath-a Franklins?
I have been retained by a very well-capitalized mortgage ban...
Thu, Dec 8 2011, 8:27 AM
Overnight Sessions Growing Quieter Ahead of Summit. MBS Improve 8:27AM
Yesterday's open was preceded by an uneventful overnight session with low v...
Thu, Dec 8 2011, 4:16 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Dec 8 2011, 3:18 PM
When it comes to "all time low" Mortgage Rates ,
a bit of clarification is in order. Earlier this Fall, especially near the end of September and b...
Wed, Dec 7 2011, 11:36 AM
Fannie Mae and Freddie Mac, the two government sponsored
enterprises, reached the 2 million mark in their foreclosure prevention actions
during the ...
Wed, Dec 7 2011, 11:20 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Dec 7 2011, 11:12 AM
Another day of generally sideways action in benchmark rates brings us another session of Rallying MBS prices. Fannie 3.5's have mostly traded above y...
Wed, Dec 7 2011, 10:33 AM
Pearl
Harbor Day is here and the holiday party season is nearly upon us, and it is
always good for mortgage bankers and Realtors to have some fodder...
Wed, Dec 7 2011, 9:42 AM
Mortgage
application volume jumped back after the shortened Thanksgiving holiday week with
activity rising 12.8 percent on a seasonally adjusted ba...
Wed, Dec 7 2011, 8:39 AM
This morning's update from MBS Live:
Bond Markets Rally Into NY Open After Choppy Overnight Session 8:30AM
Treasuries are turning green at ...
