Thu, Mar 24 2011, 5:46 PM
From where you sit
there appears to be little volatility in mortgage rates. Today was the FIFTH
consecutive session where loan pricing either rem...
Thu, Mar 24 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-09 : -0-15
...
Thu, Mar 24 2011, 3:37 PM
The country is on the verge of a
double-dip in housing prices according to new survey from MacroMarkets
LLC. The financial technology company
aske...
Wed, Mar 23 2011, 11:34 AM
What am I
hearing out there? I am hearing, not officially, that wholesale reps are having
trouble drumming up business from brokers. Production esti...
Wed, Mar 23 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Mar 23 2011, 10:10 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending March 18, 2011.
The MBA's l...
Wed, Mar 23 2011, 9:12 AM
Bonds benefited from a modest flight to safety bid in relatively light
overnight trading flows. The 10-year Treasury traded within a range of
3.33...
Wed, Mar 23 2011, 7:30 PM
After looking like they might improve this morning, home loan
borrowing costs ended the day unchanged, making today the FIFTH
consecutive session w...
Wed, Mar 23 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-20 : -0-09
...
Wed, Mar 23 2011, 3:05 PM
The debate over what counts as a
"Qualified Residential Mortgage (QRM)" may be coming to an end in the
near future. The Federal Deposit Insurance ...
Wed, Mar 23 2011, 2:06 PM
he Census Bureau and Department of Housing and Urban Development have released New Residential Sales data for February 2011. Here is a Quick Re...
Tue, Mar 22 2011, 11:51 AM
On March 11th we wrote, "Lots of headlines to digest lately. What
region is the market focused on again? North Africa, the Middle East,
Spain, Por...
Tue, Mar 22 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-30 : -0-02
...
Tue, Mar 22 2011, 9:49 AM
The U.S. Treasury announced that it will
begin an "orderly wind down" of its $142 billion MBS portfolio over
about 1 year by selling roughly $10 bil...
Tue, Mar 22 2011, 8:48 AM
Despite persistent turmoil in the Middle-East and Northern Africa,
global markets appear stable Tuesday morning as external power has been
reconne...
Tue, Mar 22 2011, 4:51 PM
Home loan borrowing costs moved slightly higher today. This is the
fourth consecutive session where loan pricing has worsened by a thin
margin. Be...
Tue, Mar 22 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-28 : -0-03
...
Tue, Mar 22 2011, 2:03 PM
Headline news and crisis scenarios have been the market's primary directional motivation for most of March.
With
exception to the Fed's procl...
Mon, Mar 21 2011, 12:45 PM
Today, the U.S. Department of the Treasury announced
that it will begin the orderly wind down of its remaining portfolio of
$142 billion in ag...
Mon, Mar 21 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-27 : -0-15
...
Mon, Mar 21 2011, 10:47 AM
Last Thursday, while on a tour of the Chicago Mercantile Exchange, my
son and I met and chatted with Rick Santelli, who many know as CNBC's
financ...
Mon, Mar 21 2011, 9:07 AM
While mostly overlooking a dense economic calendar last week, investors
were forced to base their trading behavior on breaking news headlines
and ...
Mon, Mar 21 2011, 5:23 PM
Home loan borrowing costs got slightly more expensive today. Best-execution mortgage rates were unchanged.
News today that Treasury would begin s...
Mon, Mar 21 2011, 4:38 PM
Freddie Mac is now publishing YouTube videos to share information with the
public about foreclosure myths and scams.
In each video a
housing c...
Mon, Mar 21 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-31 : -0-12
...
Mon, Mar 21 2011, 2:32 PM
The National Association of Realtors today released Existing Home Sales data for February 2011 Existing Home Sales report on the number of comple...
Fri, Mar 18 2011, 12:44 PM
Calling
the document "unprecedented in its scope and prescriptiveness," the Securities
Industry and Financial Markets Association (SIFMA) has
crit...
Fri, Mar 18 2011, 11:34 AM
At a
press conference on Friday morning the Department of Housing and Urban
Development (HUD) announced 17 planning grants under HUDs new Choice ...
Fri, Mar 18 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-08 : -0-03
...
Fri, Mar 18 2011, 10:13 AM
What does Chase think
about a U.S. proposal to exempt certain mortgages from rules governing
securitized loans? That it may unintentionally help t...
Fri, Mar 18 2011, 8:45 AM
An agreement among the G7 group of finance ministers and central
bankers to intervene against the rising yen helped calm global markets
last night...
Fri, Mar 18 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-11 : -0-01
...
Fri, Mar 18 2011, 4:07 PM
Mortgage rates got slightly more expensive today. Best-execution rates were unchanged.
It was a quiet session overall. Little movement was seen in ...
Thu, Mar 17 2011, 12:01 PM
Elizabeth Warren, Special Advisor to the Secretary of the
Treasury for the Consumer Financial Protection Bureau (CFPB), told a House subcommittee yes...
Thu, Mar 17 2011, 11:30 AM
Don't forget to wear a little
green today. Everyone here in Chicago knows that St. Patrick is best known for
introducing Christianity to Ireland in ...
Thu, Mar 17 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-29 : -0-16
...
Thu, Mar 17 2011, 10:57 AM
The Bureau of Labor Statistics has released the Consumer Price Index for February 2011.
The CPI is the most widely relied upon measure of infl...
Thu, Mar 17 2011, 8:20 AM
Equity futures are rebounding modestly this morning after substantial
losses earlier in the week erased all of 2011's gains. Bonds are
backing up...
Thu, Mar 17 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Mar 17 2011, 3:56 PM
Mortgage rates worsened today.
The
level of panic lessened overnight in Japan, and despite several somewhat
alarming headlines, the overall pan...
Thu, Mar 17 2011, 3:38 PM
Debate continues over including a 20 percent down payment requirement in new regulations
defining "Qualified Residential Mortgages" (QRMs) under the ...
Wed, Mar 16 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-32 : +0-13
...
Wed, Mar 16 2011, 10:34 AM
Lenders that act as both mortgage brokers and mortgage bankers need to pay
attention to this recent court ruling, noted by law firm BuckleySandler .
...
Wed, Mar 16 2011, 9:41 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending March 11, 2011.
The MBA's l...
Wed, Mar 16 2011, 8:32 AM
U.S. equity futures are relatively
stable this morning as stocks in Japan rebounded 5.7% after crashing 10.6%
Monday. Uncertainty remains key and is...
Wed, Mar 16 2011, 6:31 PM
Mortgage rates improved today as the situation in Japan deteriorated and a feeling of panic poured through global markets, spurring on another flight ...
Wed, Mar 16 2011, 4:55 PM
A day
after the Mortgage Bankers Association (MBA) announced the resignation of CEO John Courson and the appointment of David Stevens to replace ...
Wed, Mar 16 2011, 4:18 PM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for February 2011...
Wed, Mar 16 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-12 : +0-25
...
Wed, Mar 16 2011, 3:14 PM
While it's impossible to know exactly how markets would be behaving
given alternate realities, it's easy to see that the EXTENT and PACE of
the st...
