Wed, Nov 30 2011, 3:10 PM
Much like yesterday, Mortgage-Backed-Securities (MBS), began the day in weaker territory and rallied in the latter part of the day. Improving MBS are...
Tue, Nov 29 2011, 12:42 PM
Over one-quarter of all mortgaged homes
in the U.S. are now either underwater or close to it according to data released
today by CoreLogic. In t...
Tue, Nov 29 2011, 11:52 AM
Bond markets are recovering now after losing a bit of ground into the AM hours. None of the movement so far has been enough for a reprice for the wor...
Tue, Nov 29 2011, 11:50 AM
Ineptocracy
(in-ept-o-cra-cy) - a system of government where the least capable to lead are
elected by the least capable of producing, and where the ...
Tue, Nov 29 2011, 11:22 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Nov 29 2011, 11:12 AM
The S&P/Case-Shiller Home Price
Indices for the third quarter of 2010 indicate that nationally home prices were
flat relative to the second quarte...
Tue, Nov 29 2011, 9:54 AM
The Office of the Inspector
General for the Federal Housing Finance Agency ( FHFA-OIG ) will report to
Congress today on its oversight of FHFA.
Th...
Tue, Nov 29 2011, 8:29 AM
Here's this morning's update and video from MBS Live:
MBS and Treasuries Slightly Weaker in Quiet Overnight Session 8:23AM
In the context o...
Tue, Nov 29 2011, 5:26 PM
The Federal Housing Finance Agency's
seasonally adjusted purchase only price index (HPI) shows that U.S. house
prices rose slightly in the third qua...
Tue, Nov 29 2011, 4:52 PM
Mortgage Rates improved again today. This would be a good day to NOT be looking at US Treasuries for an indication of mortgage rates. 10yr yields m...
Tue, Nov 29 2011, 4:22 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Nov 29 2011, 3:44 PM
Today turned out to be fairly uneventful for Treasuries which turned out to make the day mostly positive for MBS. Perhaps some more hinting at potent...
Mon, Nov 28 2011, 12:53 PM
Overall consumer debt continued to fall
in the third quarter of 2011, decreasing to 11.6 trillion from revised second
quarter levels of $11.72 tri...
Mon, Nov 28 2011, 11:34 AM
While the commercial real estate markets
are reflecting the overall softness of the economy, there are some signs of improvement
according to data r...
Mon, Nov 28 2011, 11:20 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Nov 28 2011, 11:16 AM
Today may well be the first day of a new trend for MBS, unless Fannie 3.5's regain 101-16. That achievement will be made much easier if benchmark rat...
Mon, Nov 28 2011, 10:23 AM
Hey, if
you're still originating loans now, you may-as-well stick around another year,
right? The 2012 NMLS Streamlined Renewal
Process is underwa...
Mon, Nov 28 2011, 8:44 AM
Here's a look at what's moving markets as we begin a new week, as well as a snapshot of MBS and Treasury levels from MBS Live:
MBS and Treasurie...
Mon, Nov 28 2011, 4:16 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
101-28 : +0-09
...
Mon, Nov 28 2011, 3:46 PM
Mortgage Rates
recovered from what was shaping up to be an ugly morning to fall more in line with lender offerings seen last week. The secondary m...
Mon, Nov 28 2011, 3:08 PM
A settlement agreement reached last
month between Citigroup and the Securities and Exchange Commission (S.E.C.)
over a 2007 mortgage derivative...
Mon, Nov 28 2011, 2:45 PM
MBS have been in rally mode all day long. Here's the reprice alert from MBS Live:
Positive Reprices Reported, More Possible if Current Levels H...
Mon, Nov 28 2011, 2:23 PM
New homes sales in October rose to a
seasonally adjusted annual rate of 307,000 according to data released today by
the Census Bureau and the Depar...
Fri, Nov 25 2011, 12:35 PM
Today's update is more of a reminder than an amazing source of new information and analysis. While Mortgage Rates are possibly slightly weaker than...
Fri, Nov 25 2011, 11:23 AM
If you say
"raise up lights" really fast, it sounds like "razor
blades" in an Australian accent.
If you say "VA Funding Fee" really fast, nothi...
Fri, Nov 25 2011, 11:19 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Nov 25 2011, 10:37 AM
Here's the latest alert from MBS Live:
MBS Under Pressure at US Stock Open, Hit Lows of The Morning 10:09AM
At the 9:30am US Stock Market ope...
Fri, Nov 25 2011, 8:27 AM
Key events overnight include an Italian 183 day bill auction stopping at 6.5%. If only that were the exception vs the rule for the European periphery...
Fri, Nov 25 2011, 4:20 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Nov 23 2011, 11:18 AM
"Well
it's been ten years and a thousand beers, and look at the mess I'm in -
A broken nose and a broken heart, and an empty bottle of gin.
Well...
Wed, Nov 23 2011, 11:18 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Nov 23 2011, 10:07 AM
The
volume of mortgage applications declined 1.2 percent on a seasonally adjusted
basis during the week ended November 18 according to the Mortgag...
Wed, Nov 23 2011, 8:20 AM
Here's this morning's alert from MBS Live:
Overnight Treasury Rally Abates, Resulting in Flat Open for MBS 8:20AM
Things are still settling...
Wed, Nov 23 2011, 4:23 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Nov 23 2011, 2:50 PM
Spurred by a strong demand for rental
housing and low property prices , investors are buying more houses according to the latest Campbell/Inside ...
Wed, Nov 23 2011, 2:29 PM
Today might as well have not even existed in the world of Mortgage Rates . They're exactly the same as yesterday. In fact, today is the first day e...
Wed, Nov 23 2011, 1:56 PM
Here's the latest alert from MBS Live:
7 Year Treasury Auction an Absolute Triumph. Possible Positive Reprices 1:20PM
After 5 auctions in a ...
Tue, Nov 22 2011, 12:29 PM
MBS continue to trade within the sideways range that has prevailed since yesterday afternoon although Fannie 3.5's did see a brief blip lower followin...
Tue, Nov 22 2011, 11:20 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Nov 22 2011, 10:37 AM
The
inability of the Super Committee (maybe not so super) brought forth a flurry of
political jokes. (For example, a driver is stuck in a traffic ja...
Tue, Nov 22 2011, 8:25 AM
This morning's alert from MBS Live:
Uneventful, Low-Volume Overnight Session. Bond Markets Largely Unchanged 8:24AM
Perhaps more than any oth...
Tue, Nov 22 2011, 4:25 PM
Actually, there may be more than two good reasons to play it safe with your lock/float approach at the moment. And as always, there are counterpoints...
Tue, Nov 22 2011, 4:20 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Nov 22 2011, 3:52 PM
The Federal Housing Finance Agency
(FHFA) has announced the conforming loans limits that will apply to the two
government sponsored enterprises (G...
Tue, Nov 22 2011, 3:38 PM
Today was another quiet for Mortgage Rates , and once again we're dealing with Best-Execution rates right where they were yesterday with some minor i...
Tue, Nov 22 2011, 3:32 PM
The Office of Comptroller of the Currency ( OCC ) has reported on
the actions taken by 12 servicers to comply with consent order issued in April
t...
Tue, Nov 22 2011, 1:27 PM
The National Mortgage Licensing System
reports that, as of the end of the third quarter of 2011, over one-quarter
million mortgage licenses are held...
Mon, Nov 21 2011, 11:57 AM
Sales of existing homes improved in October while
inventories declined according to the National Association of Realtors® monthly
report. Total sa...
Mon, Nov 21 2011, 11:20 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Nov 21 2011, 11:13 AM
Versus a forecast of 4.80 mln unit annual rate, today's Existing Home Sales figure of 4.97 mln seems like a good piece of better-than-expected data. ...
