Mon, Apr 11 2011, 10:24 AM
The week ahead holds a wide variety of data and events.
The
bond market is focused on inflation reports and Treasury auctions while
stock inve...
Mon, Apr 11 2011, 4:50 PM
After being stuck in the same spot for over a month, home loan borrowing costs shot higher last Wednesday at their most violent pace since early Febru...
Mon, Apr 11 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-11 : +0-05
...
Mon, Apr 11 2011, 3:25 PM
April Fannie and Freddie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY??...
Fri, Apr 8 2011, 12:45 PM
The Mortgage Bankers Association (MBA) has what it calls
"strong reservations" about the short timetable set out by the Departments
of Treasury, Hou...
Fri, Apr 8 2011, 11:17 AM
We're watching CSPAN, waiting to see how the shutdown plays out. We think it goes into the weekend. Either way, finger pointing and bickering has hit ...
Fri, Apr 8 2011, 10:51 AM
Rain or shine, whether or not the
US government is closed or open, the US Treasury will be open next week to
auction off $32 billion in 3-yr notes, ...
Fri, Apr 8 2011, 8:43 AM
Not
much economic data is on the calendar today. Investors are focusing on whether Republicans and Democrats can find a last-minute
compromise on ...
Fri, Apr 8 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-07 : -0-06
...
Fri, Apr 8 2011, 4:10 PM
Mortgage rates moved higher this week following a RELEASE
OF STORED ENERGY.
The chart below graphs the average origination closing costs tie...
Thu, Apr 7 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-10 : -0-01
...
Thu, Apr 7 2011, 10:36 AM
Did the
Texas owner of the company "America's Best Mortgage and Creative
Solutions" in St. Martinville, LA get a little too "creative"?
She is accu...
Thu, Apr 7 2011, 8:30 AM
Interest rates are still trending higher and equities are catching a bid this morning after the European Central Bank announced a hawkish shift in mon...
Thu, Apr 7 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-12 : +0-02
...
Thu, Apr 7 2011, 3:33 PM
Following yesterday's abrupt move higher, home loan borrowing costs spent the day feeling
out their new range. Best-Execution mortgage
rates and ...
Thu, Apr 7 2011, 1:57 PM
There are cuter couples out there, but if today's stock lever performance is used as
a benchmark, none are more closely joined.
Far from holy
...
Thu, Apr 7 2011, 1:43 PM
REIS
Inc, an impartial source of commercial real estate data, has confirmed
Mortgage News Daily's prediction earlier this year that renters coul...
Thu, Apr 7 2011, 1:16 PM
Maryann F. Hunter, Deputy Director, Division
of Banking Supervision and Regulation, Federal Reserve Bank told the U.S. Senate Subcommittee on Financi...
Wed, Apr 6 2011, 12:21 PM
The Market Composite Index, a measure of mortgage loan application volume,
decreased 2.0 percent on a seasonally adjusted basis from one week earlier...
Wed, Apr 6 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-09 : -0-10
...
Wed, Apr 6 2011, 10:34 AM
BAD NEWS: A decision has been made. The loan originator compensation delay has been dissolved. New compensation plans are now in effect.
From the...
Wed, Apr 6 2011, 9:43 AM
Under the just-made-up category
of "If you can't build 'em, join 'em," Beazer Homes USA is
officially entering the rental business , as the home bu...
Wed, Apr 6 2011, 8:43 AM
Treasuries weakened across the yield curve Tuesday as bond investors expressed their nervous sentiments over a few increasingly vocal inflation hawks ...
Wed, Apr 6 2011, 4:38 PM
After being stuck in the same spot for over a month, home loan borrowing costs shot higher today at their most violent pace
since early February. Bes...
Wed, Apr 6 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-09 : -0-10
...
Wed, Apr 6 2011, 3:54 PM
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, Portu...
Wed, Apr 6 2011, 3:20 PM
There have been six major banking crises in developing countries since the mid-1970s, all were associated with housing booms followed by busts accordi...
Wed, Apr 6 2011, 2:32 PM
Congress needs to pass a "Continuing Resolution" by midnight on Friday, April 8th to avoid a government shutdown.
From Wikipedia : A continuing ...
Tue, Apr 5 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-31 : -0-09
...
Tue, Apr 5 2011, 10:46 AM
This column originally appeared in the April 2011 issue of Asset Securitization Report (www.sourcemedia.com). The outcome of the negotiations betwee...
Tue, Apr 5 2011, 9:37 AM
Mark
Twain wrote, "The only difference between a tax man and a taxidermist is
that the taxidermist leaves the skin."
It is "tax time" for many
...
Tue, Apr 5 2011, 8:30 AM
The European debt crisis is back in focus today.
Interest rates are mostly unchanged while equity futures are being
pressured lower this morning ...
Tue, Apr 5 2011, 4:23 PM
Just in case you've missed any of these developments or just needed a refresher, here is the latest on originator compensation reform.
On Friday, ...
Tue, Apr 5 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-20 : -0-19
...
Tue, Apr 5 2011, 4:10 PM
Home loan borrowing costs inched modestly higher today. Best-Execution mortgage rates didn't budge.
As noted on several occasions, the broader bond...
Tue, Apr 5 2011, 2:00 PM
The March edition of the Obama Administration's
Housing Scorecard again remarks on the fragility of the U.S. housing market and
the need to cont...
Tue, Apr 5 2011, 1:25 PM
After coming in the door slightly better than yesterday, bond markets
took a relatively abrupt turn for the worse--one open to a bit of
speculatio...
Mon, Apr 4 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-13 : +0-10
...
Mon, Apr 4 2011, 10:04 AM
The executive who became the first
Risk Manager of the Federal Housing Administration (FHA) will now, at least temporarily
head the agency.
Robe...
Mon, Apr 4 2011, 9:55 AM
Buffalo
Springfield wrote, "There's something happening here, what it is ain't
exactly clear..." But there is one movement that appears to be cleare...
Mon, Apr 4 2011, 8:34 AM
In stark contrast to the week just passed, the week ahead offers no
auction supply and a light schedule of economic data, which leaves
investors t...
Mon, Apr 4 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-03
...
Mon, Apr 4 2011, 3:35 PM
After drifting
progressively higher for seven straight sessions, we've finally seen some
stabilization and even modest improvements in home loan bor...
Mon, Apr 4 2011, 2:14 PM
The House Subcommittee on Capital Markets, Insurance, and
Government-Sponsored Enterprises held the first of what will probably be a
large number of...
Fri, Apr 1 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-27 : -0-03
...
Fri, Apr 1 2011, 10:19 AM
The Bureau of Labor Statistics has released the March 2011 Employment Situation Report .
Nonfarm payroll employment increased by 216,000 in Mar...
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
...
