Fri, Apr 1 2011, 8:39 AM
HAPPY APRIL FOOL'S DAY!
This is not a cruel joke. From NAMB's website:
"The
US Court of Appeals has granted a stay on Fed's LO Compensatio...
Fri, Apr 1 2011, 8:24 AM
It's a big day for macroeconomic news. The official Employment Situation Report prints at 8:30am eastern.
Treasuries weakened overnight. The bench...
Fri, Apr 1 2011, 4:41 PM
Normal
0
false
false
false
EN-US
X-NONE
X-NONE
...
Fri, Apr 1 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-06
...
Fri, Apr 1 2011, 4:04 PM
Yes,
the earlier commentary was the yearly April Fool's edition. But in the
"truth is stranger than fiction" category, the U.S. Court o...
Fri, Apr 1 2011, 2:35 PM
On the eve of being enacted, in a
surprise move, Senator Dodd called on Congress to rescind the Dodd-Frank
legislation , saying the rules and regul...
Fri, Apr 1 2011, 2:05 PM
At 12:10pm on the MBS Dashboard, we said,
...
Thu, Mar 31 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-01 : -0-06
...
Thu, Mar 31 2011, 10:54 AM
The specter of shadow inventory looming in the background
of the housing crisis may be even worse than anticipated according to data released
Monda...
Thu, Mar 31 2011, 9:53 AM
Here's one succinct note that I received regarding Reg. Z: "I am really sick of this comp crap." Another
wrote, "Next week will be very exciting, a...
Thu, Mar 31 2011, 8:29 AM
Treasuries traded ina quiet overnight environment. The benchmark 10-year note chopped around in a
range between 3.45% and 3.42%, after firming four...
Thu, Mar 31 2011, 4:42 PM
A seven day losing streak was finally put to an end yesterday.... just
in time for a
high-risk event. The official Employment Situation Report w...
Thu, Mar 31 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-32 : -0-07
...
Thu, Mar 31 2011, 3:00 PM
For the second time in less than a week economists have
attempted to quantify the amount of shadow inventory currently lurking in the background of ...
Thu, Mar 31 2011, 1:30 PM
If you've seen a few reprice alerts, had your pricing suspended or
just want to know what's going on because the line on the chart moved in
the wr...
Wed, Mar 30 2011, 11:22 AM
The
Mortgage Bankers Association (MBA) reacted quickly to the publication yesterday
of proposed rules governing Qualified Residential Mortga...
Wed, Mar 30 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-31 : +0-08
...
Wed, Mar 30 2011, 10:47 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending March 25, 2011.
The MBA's ...
Wed, Mar 30 2011, 10:05 AM
The House Republicans who will ultimately have the most
influence on the decision have come out with a plan for reforming the two
government sponsor...
Wed, Mar 30 2011, 9:56 AM
Harkening back to the Prius'
brake recall issue, this bumper sticker was seen: "TOYOTA: Once you drive
one, you'll never stop." Pun aside, I would i...
Wed, Mar 30 2011, 9:01 AM
Wait what? The title is appropriate... you just have to note my sarcasm.
I was trying to think of a way to convey the following: we really hope t...
Wed, Mar 30 2011, 8:53 AM
Rates are holding near yesterday's highs while equities move off
overnight lows in the wake up another positive jobs from report from
Automatic Da...
Wed, Mar 30 2011, 4:55 PM
After SEVEN consecutive days of marginal increases, home loan
borrowing
costs finally stabilized today. This does not necessarily mean that
cost...
Wed, Mar 30 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-15
...
Tue, Mar 29 2011, 12:57 PM
The Office of the Comptroller of the Currency, Treasury, Board of
Governors of the Federal Reserve System, Federal Deposit Insurance
Corporation ...
Tue, Mar 29 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-04 : -0-03
...
Tue, Mar 29 2011, 9:53 AM
How much house is too much house in Michigan? 50 cent is only half of a dollar.
Today the FDIC Board will vote on a credit risk-retention prop...
Tue, Mar 29 2011, 8:51 AM
The U.S. session gets underway with FNCL 4.5's down 3 ticks at
101-22, the 10yr note yield 1.65 bps higher at 3.455, and S&P
futures bid up 3 poin...
Tue, Mar 29 2011, 4:34 PM
Home loan borrowing costs drifted marginally higher for the seventh consecutive session today. The trend is not your friend! HERE is a chart.
...
Tue, Mar 29 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-26 : -0-13
...
Tue, Mar 29 2011, 3:30 PM
The January S&P/Case Shiller Home Price Indices , released
by Standard & Poor's this morning, show further deceleration in the growth
rates of ho...
Mon, Mar 28 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-01 : -0-03
...
Mon, Mar 28 2011, 10:54 AM
The National
Association of Realtors'® (NAR) have taken a stab at estimating just how wide and deep the much
discussed " shadow inventory " of hou...
Mon, Mar 28 2011, 10:30 AM
Did
anyone from your county move in 2008? It is not my job to keep track of them -
but someone does. Privacy issues aside, Realtors may find this in...
Mon, Mar 28 2011, 9:19 AM
The week begins with rate sheet influential MBS coupons below key
support and the 10-year note trading in a bearish trend channel after
key suppor...
Mon, Mar 28 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-02
...
Mon, Mar 28 2011, 4:17 PM
After hitting 2011 lows on a steady "flight to safety", home loan
borrowing costs have drifted incrementally higher in six of the last six
trading...
Mon, Mar 28 2011, 2:41 PM
The
National Association of Realtors® (NAR) released its February Pending Home
Sales Index (PHSI) Monday. The index is a leading indicator for the...
Mon, Mar 28 2011, 2:02 PM
Reform
of the nation's housing system is picking up steam, with one
regulatory agency set to vote on risk retention exemptions on Tuesday, multi...
Fri, Mar 25 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-11 : +0-01
...
Fri, Mar 25 2011, 10:22 AM
According to a story in the Financial
Times , "The five biggest US mortgage servicers were told this week
at a private meeting with regulators ...
Fri, Mar 25 2011, 8:30 AM
Equities rose and Treasuries backed up yesterday despite a backdrop of
weak housing data, poor durable goods orders, the likelihood of another
Eur...
Fri, Mar 25 2011, 5:52 PM
Home loan borrowing costs moved incrementally higher this week. There is reason to be concerned about this directional drift....
Although today's ...
Fri, Mar 25 2011, 5:36 PM
"DURATION DRIFT IN THE NEW YEAR"
That was the first thing I posted on my FB page as the clock ticked past midnight on 1.1.11.
What it means is...
Fri, Mar 25 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Mar 24 2011, 11:37 AM
Effective
April 1, servicers managing Freddie Mac loans will no longer be allowed to
foreclose on properties in the name of Mortgage
Electronic Reg...
Thu, Mar 24 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-17 : -0-07
...
Thu, Mar 24 2011, 10:44 AM
After testing 3.40% earlier this morning, we think now is the perfect time to remind readers of the pending
shift in the bond market's directional b...
Thu, Mar 24 2011, 9:46 AM
Six Federal agencies have to sign
off on the QRM provisions, and apparently the first will be early next week. Early
next week the FDIC opines on, "...
Thu, Mar 24 2011, 8:30 AM
Treasuries traded from a defensive position overnight amid slightly
above average volume. The benchmark 10-year note moved in a range of
between 3...
