Wed, Apr 27 2011, 1:51 PM
Plain and Simple: The Fed acknowledged that inflation has
picked up recently but is still expected to be "transitory". Thus
rates will be kept lo...
Tue, Apr 26 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-22 : +0-04
...
Tue, Apr 26 2011, 9:53 AM
The trivia
for the day is, "Your tongue is the only muscle in your body that is
attached at only one end." I bring this up because there will be ple...
Tue, Apr 26 2011, 8:31 AM
Yesterday was pretty much an extension of the 3.5 day Easter holiday weekend. Volume was about as low as we can remember seeing it recently and tradin...
Tue, Apr 26 2011, 5:19 PM
Although home loan borrowing costs improved slightly today, Best Execution
mortgage rates remain in a holding pattern ahead of tomorrow's high-risk F...
Tue, Apr 26 2011, 5:03 PM
Scattered reprices for the better were reported today. Rate sheets are about as strong as they've been in a month. Price action in the bond market was...
Tue, Apr 26 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-31 : +0-13
...
Tue, Apr 26 2011, 3:54 PM
Much has
been made about the value of homeowner education and counseling both as a way
to make homeowners more responsible about obtaining and maint...
Tue, Apr 26 2011, 2:43 PM
Standard and Poor's has released February Case- Shiller Home Price data...
S&P/Case- Shiller provides two monthly indices which track the...
Mon, Apr 25 2011, 11:42 AM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for March 2011.
New Residential ...
Mon, Apr 25 2011, 10:53 AM
Declining secondary marketing income driven by rising interest rates eroded profits at independent mortgage banks and their subsidiaries during the fo...
Mon, Apr 25 2011, 10:14 AM
In terms
of powerful world figures, how does the FDIC's Sheila Bair stack up against
Lady Gaga or Katie Couric? ForbesList
For the 1st quarte...
Mon, Apr 25 2011, 9:34 AM
The holiday-shortened work week that just past stands in stark contrast to the week ahead which offers a robust calendar of events and economic data. ...
Mon, Apr 25 2011, 4:54 PM
Best Execution mortgage rates have moved into a holding pattern ahead of a high-risk event in the week ahead. It's going to take a sustained effort, c...
Mon, Apr 25 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-18 : +0-09
...
Mon, Apr 25 2011, 2:10 PM
The bond market must've had too many marshmallow peeps yesterday cause trading flows are comatose in the "rate sheet influential" portion of the yield...
Fri, Apr 22 2011, 11:07 AM
Mortgage rates are unchanged today as bond markets are closed for Good
Friday.
Yesterday, wewrote that loan pricing was in a holding pattern until...
Fri, Apr 22 2011, 9:40 AM
For anyone out there who thinks
the mortgage biz in the US has become confusing, spend 15 seconds scrolling
down this story on establishing the mort...
Thu, Apr 21 2011, 11:28 AM
The economy
has hit an "air pocket" according to Fannie
Mae's latest economic projections . If your plane has
ever hit one you're familiar with...
Thu, Apr 21 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Morning Market Updates
A recap of MBS Market Updates provided by MND Analysts and streamed live to the...
Thu, Apr 21 2011, 10:41 AM
The
percentage of jumbo business that any originator does is, of course,
very dependent on location. But what are borrowers thinking when it comes...
Thu, Apr 21 2011, 8:33 AM
The risk trade continued unabated overnight after equities jumped to their highest levels in nearly three years on Wednesday. The tech sector added fu...
Thu, Apr 21 2011, 3:19 PM
Home loan borrowing costs rose almost imperceptibly today, not nearly enough
to affect the Best-Execution mortgage rate.
Loan pricing still seems...
Thu, Apr 21 2011, 1:03 PM
Federal
Reserve Chairman Ben Bernanke told the Senate Subcommittee on
Oversight of Government Management, the Federal Workforce, and the District of...
Wed, Apr 20 2011, 11:33 AM
Lee Farkas, the former chairman
of Taylor, Bean and Whitaker Mortgage Corp., was found guilty on all 14 charges
stemming from a seven-year, multibil...
Wed, Apr 20 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-12 : -0-03
...
Wed, Apr 20 2011, 10:57 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending April 15, 2011.
The MBA's l...
Wed, Apr 20 2011, 10:28 AM
Existing Home Sales data just printed. Here is the Reuters Alert...
RTRS 10:00 - US MARCH EXISTING HOME SALES 5.10 MLN UNIT ANNUAL RATE (CONS 5.00 ...
Wed, Apr 20 2011, 9:14 AM
Equities are globally green and benchmark yields are bouncing back this morning after failing to breach a key resistance level yesterday.
S&P futur...
Wed, Apr 20 2011, 4:24 PM
Home loan borrowing costs rose slightly today, Best-Execution
mortgage rates were unchanged. It seems like loan pricing may be in a holding pattern ...
Wed, Apr 20 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-07 : -0-08
...
Wed, Apr 20 2011, 3:27 PM
The National Association of Realtors today released Existing Home Sales data for March 2011
Existing Home Sales report on the number of comple...
Tue, Apr 19 2011, 12:53 PM
The U.S. Census Bureau and the Department of Housing and Urban Development
have released New Residential Construction statistics for March 2011. ...
Tue, Apr 19 2011, 11:53 AM
We now live in a world with higher annual FHA premiums. Private MI companies, of course,
are understandably quick to point out the price difference w...
Tue, Apr 19 2011, 11:22 AM
The
Federal Reserve is inviting public comment on a rule that would provide
four
options for complying with new amendments to the Truth in Lending...
Tue, Apr 19 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-16 : +0-02
...
Tue, Apr 19 2011, 10:49 AM
Does anyone really believe Donald Trump is planning to announce his candidacy for U.S. President?
Most folks including me see it as a ploy aimed...
Tue, Apr 19 2011, 8:29 AM
While cash fled equities in the wake of Standard & Poor’s revising its outlook on U.S. debt to negative from stable yesterday, the Treasury market ral...
Tue, Apr 19 2011, 6:17 PM
Home loan borrowing costs improved slightly today, though Best-Execution mortgage
rates were unchanged. This extends a rate-watcher friendly trend ...
Tue, Apr 19 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-17 : +0-03
...
Mon, Apr 18 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-08 : +0-01
...
Mon, Apr 18 2011, 11:11 AM
This Friday is Good Friday. But today is not so "good" for our government,
as S&P cut its US debt rating outlook to a "negative"
given the debt & ...
Mon, Apr 18 2011, 8:48 AM
The coming days offer little in the way of macroeconomic data, but the sparsely populated calendar does hold new stats on the housing markets.
"Ho...
Mon, Apr 18 2011, 4:55 PM
Home loan borrowing costs went on a winning streak last week, helping the Best Execution conventional 30-year fixed mortgage rate dip back down to 4.8...
Mon, Apr 18 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-14 : +0-06
...
Mon, Apr 18 2011, 1:24 PM
There
are a lot of reasons why the nation's homebuilders continue to feel skittish about
the housing market according to both the Chairman and Chief...
Fri, Apr 15 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-04 : +0-20
...
Fri, Apr 15 2011, 11:03 AM
10yr notes have sent a clear message this week that they'd prefer to stay above 3.42%.
3.42 is a significant level from a technical perspective. I...
Fri, Apr 15 2011, 10:51 AM
The proposed regulations governing the Qualified Residential
Mortgage (QRM) exemption from risk retention rules constitute a "devastating, unnec...
Fri, Apr 15 2011, 9:35 AM
Two soap operas created more than
40 years ago, who taught us not to bother getting married since it's only going
to last until next season anyway, ...
