Tue, Mar 15 2011, 12:53 PM
Mortgage News Daily has learned that John Courson, President and CEO
of the Mortgage Bankers Association, will announce his resignation later
toda...
Tue, Mar 15 2011, 11:50 AM
The following commentary was written by Tim Massad, Acting Assistant
Secretary of the Treasury for Financial Stability, in defense of HAMP...
...
Tue, Mar 15 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-31 : +0-18
...
Tue, Mar 15 2011, 10:44 AM
The earthquake in Japan is no
laughing matter. Just ask Aflac - it fired comedian Gilbert Gottfried as the
voice of its duck after a series of Twitt...
Tue, Mar 15 2011, 8:30 AM
Another explosion at a nuclear power station in Japan triggered a 10.55%
sell-off in Japanese stocks last night and initiated a massive global
fli...
Tue, Mar 15 2011, 6:13 PM
CURRENT MARKET : The "Best
Execution" conventional 30 year
fixed mortgage rate is still 4.875%. For those looking to permanently
buy
down thei...
Tue, Mar 15 2011, 5:45 PM
All hell seemed to break loose in global markets today.
Stocks plummeted around the world. Commodities tanked to the tune of
2-5%. And a flight ...
Tue, Mar 15 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-19 : +0-06
...
Tue, Mar 15 2011, 3:36 PM
The Federal Reserve Open Market Committee has released the March FOMC Statement .
On the whole the Fed hinted at an upgrade in economic conditi...
Tue, Mar 15 2011, 3:28 PM
Over the past three months the mortgage industry has struggled
greatly to interpret and implement loan originator compensation reform
and new ...
Tue, Mar 15 2011, 2:09 PM
For the
first time in four months builders showed increased confidence in their
responses to the monthly National Association of Home Builders (NAHB...
Mon, Mar 14 2011, 12:32 PM
Five federal
agencies representing a myriad of policy interests are planning a summer forum to
address a variety of health and safety problems arisi...
Mon, Mar 14 2011, 11:44 AM
In the
old days, Realtors' advertising was simple and straightforward. Maybe
even "old fashioned." Now? RealtorRap
Wouldn't it be somethi...
Mon, Mar 14 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-18 : +0-16
...
Mon, Mar 14 2011, 11:16 AM
The Home
Affordable Refinance Program (HARP) has been extended for another year
according to information released on Friday from the Federal Hou...
Mon, Mar 14 2011, 9:17 AM
The progressively more tragic consequences of the Japanese earthquake
remind us that reality can change in an instant. What we initially
received ...
Mon, Mar 14 2011, 4:44 PM
Home loan borrowing costs improved slightly today, though Best-Execution rates remained the same.
Nervous
tensions surrounding the potential econ...
Mon, Mar 14 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Mar 14 2011, 2:24 PM
Rate sheet influential MBS coupons hit new one-month highs today.
REPRICES FOR THE BETTER HAVE BEEN REPORTED
Following reprices for the bette...
Fri, Mar 11 2011, 11:42 AM
Three Federal
Reserve economists are out to debunk the theory that reducing principal
balances on mortgage loans is a no-cost cure for the housing c...
Fri, Mar 11 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
94-08 : -0-09
...
Fri, Mar 11 2011, 11:10 AM
In a story that first broke on Mortgage
News Daily's MBSonMND live chat yesterday morning, Dave Stevens has
resigned from his position as FHA c...
Fri, Mar 11 2011, 8:30 AM
(Reuters)
- The biggest earthquake on record to hit Japan struck the northeast
coast on Friday, triggering a 10-meter tsunami that swept away
...
Fri, Mar 11 2011, 4:58 PM
Lots of headlines to digest lately.
What region is the market focused on again? North Africa, The Middle East, Spain, Portugal, Greece, China, Jap...
Fri, Mar 11 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Mar 11 2011, 3:09 PM
Consumer borrowing costs lost a very small amount of
ground today. Mortgage rates are still about aggressive as they've been since late January thou...
Thu, Mar 10 2011, 12:51 PM
For some time now, a foreclosure settlement has been in the
works. In yet another leaked report, the supposed proposals that state
attorneys gener...
Thu, Mar 10 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-01 : +0-04
...
Thu, Mar 10 2011, 11:05 AM
The Acting Director of the Federal Housing Finance Agency (FHFA)
said this week that risk management is not the only relevant consideration in reform...
Thu, Mar 10 2011, 10:29 AM
Stocks are moving lower fast and interest rates are rallying as a result.
Benchmark
10yr yields have moved notably lower over the past 18 hours i...
Thu, Mar 10 2011, 8:25 AM
Broad losses in overseas markets have U.S. equity futures on edge
this morning, while interest rates are slightly higher, the US dollar
is moving...
Thu, Mar 10 2011, 4:25 PM
You'll have to look closely in order to see a difference between the
introductory paragraphs of today's commentary and yesterday's...
Today's 30...
Thu, Mar 10 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-15 : +0-18
...
Thu, Mar 10 2011, 2:56 PM
Foreclosure
filings of all types continued to decline during February, with 225,101 filings of
all types recorded on U.S. properties during the mont...
Thu, Mar 10 2011, 2:07 PM
Treasury just sold $13 billion
30-year notes. Today's long bond auction was one of the strongest in several years.
The bid to cover ratio, a m...
Wed, Mar 9 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-19 : +0-05
...
Wed, Mar 9 2011, 10:53 AM
Remember today is Ash
Wednesday, the first day of Lent.
This
commentary has made comments in the past about how reverse mortgage originators
c...
Wed, Mar 9 2011, 10:17 AM
The MBA's loan application survey covers over
50% of all U.S. residential mortgage loan applications taken by mortgage
bankers, commercial banks, an...
Wed, Mar 9 2011, 9:57 AM
The Department
of Housing and Urban Development was sued this week by
the American Association of Retired Persons (AARP) Foundation Litigation o...
Wed, Mar 9 2011, 9:32 AM
The 27-page document that was sent to major banks last week
by the 50-state group of attorney generals is now publicly available.
The
lette...
Wed, Mar 9 2011, 8:14 AM
Stocks have nearly doubled since the market fell to its lowest level
of the financial crisis exactly two years ago today. Shares now look to
move ...
Wed, Mar 9 2011, 5:16 PM
If yesterday gave fence-sitters a taste of the downside risks associated with floating, today shared the rewards.
Today's 10-year Treasury note...
Wed, Mar 9 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-28 : +0-14
...
Wed, Mar 9 2011, 1:37 PM
Treasury just sold $21 billion 10-year notes. The auction went well....
The bid to cover ratio, a measure of auction demand, was an above
ave...
Tue, Mar 8 2011, 12:01 PM
Last week the House Financial Services Subcommittee on Insurance, Housing
and Community Opportunity voted to eliminate two programs designed to mitig...
Tue, Mar 8 2011, 11:45 AM
Last
month the U.S. Department of Agriculture (USDA) issued an Administrative Notice
(AN) shifting a portion of the upfront fee it charges for the S...
Tue, Mar 8 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-26 : -0-05
...
Tue, Mar 8 2011, 10:46 AM
(9:40am) The bond market continues to battle the weakness mentioned previously as
being connected to oil movements. Support could be coming in arou...
Tue, Mar 8 2011, 9:58 AM
This is
kind of exciting: a new website. It was created by home builder Lennar, showing
how/why buying a new home is better than buying a foreclosur...
Tue, Mar 8 2011, 8:39 AM
Stocks and bonds continue to march to the beat of an oil drum. HA I crack myself up.....oil prices did dictate the directionality of stocks and bonds ...
