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 ...
Tue, Mar 8 2011, 4:54 PM
Fence-sitters today got their first taste of a series of moderately
risky events that face mortgage rates in the days ahead, Treasury
auctions!
...
Tue, Mar 8 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Mar 8 2011, 3:56 PM
March Fannie and Freddie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted (more than ...
Tue, Mar 8 2011, 1:52 PM
Treasury just sold $32 billion 3-year notes.
The bid to cover ratio, a measure of auction demand, was 3.22 bids
submitted for every 1 accept...
Mon, Mar 7 2011, 12:41 PM
According to the Wall Street Journal , the 50-state alliance of attorney generals who
are working with federal agencies to investigate and reform ...
Mon, Mar 7 2011, 12:13 PM
Even as the Department of Housing and Urban Development was
publishing an announcement of the program's regulations in the Federal
Register , the...
Mon, Mar 7 2011, 12:04 PM
The Congressional Oversight Panel assessing the impact of
the Troubled Asset Relief Program (TARP) on financial stability is currently holding its
l...
Mon, Mar 7 2011, 11:38 AM
Late in 2010, mortgage bankers
seemed to be scrambling for warehouse lines. Now that things have quieted down
need-wise, how is the warehouse biz do...
Mon, Mar 7 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-05 : -0-02
...
Mon, Mar 7 2011, 11:15 AM
In
speaking to various groups, one question that always comes up is whether or
not 30-yr mortgages are going away . After all, most other countries...
Mon, Mar 7 2011, 10:47 AM
Oil prices are up. Stock indexes are up. Treasury yields are up. MBS prices are not...
OVERNIGHT NEWS...
Fed Unlikely to Remove Its Economic...
Mon, Mar 7 2011, 9:25 AM
The economic data calendar thins out a bit but market watchers still
have plenty of news and events to absorb in the days ahead. MND expects
inves...
Mon, Mar 7 2011, 4:18 PM
CURRENT MARKET : The "Best Execution" conventional 30 year
fixed mortgage rate is 4.875%. For
those looking to buy down their rate to 4.75%, this q...
Mon, Mar 7 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-30 : -0-10
...
Mon, Mar 7 2011, 2:06 PM
A comment from the MBSonMND Dashboard :
(3/7/11 -- 1:17pm): FNCL 4.5's aren't merely holding near some of the highest prices in a
month--102-...
Fri, Mar 4 2011, 11:46 AM
Last
week Fannie Mae announced the Servicer Total Achievement and Rewards Program or
"STAR" which is intended to measure and evaluate the perfor...
Fri, Mar 4 2011, 11:10 AM
My computer is back up and
operational. It turns out that running two virus security systems
simultaneously pretty much shuts down your computer - I...
Fri, Mar 4 2011, 10:01 AM
Plain and Simple: When viewed on the spot, this was a strong
monthly jobs report. The headline NFP print was close to consensus. The
unemploymen...
Fri, Mar 4 2011, 8:17 AM
Interest rates moved mostly sideways in light overnight trading
volumes. The same thing goes for stocks, totally sideways in a quiet
marketplace....
Fri, Mar 4 2011, 6:00 PM
It was a volatile week for mortgage rates.
Monday and Tuesday saw
rates near their best levels in nearly a month. Consumer borrowing
costs the...
Fri, Mar 4 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-09 : +0-22
...
Fri, Mar 4 2011, 2:17 PM
After some harrying high volatility moments in the immediate wake of
the Employment Situation Report, benchmark 10's have dug in at their
best lev...
Fri, Mar 4 2011, 2:16 PM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-16
...
Thu, Mar 3 2011, 12:37 PM
Where to begin where to begin.... The obvious observation is
interest rates are higher today. The directional move began yesterday
after the Bei...
Thu, Mar 3 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-22 : -0-12
...
Thu, Mar 3 2011, 10:12 AM
The
Departments of Housing and Urban Development (HUD) and Treasury released their Monthly
Housing Scorecard for February on Wednesday afternoon...
Thu, Mar 3 2011, 8:29 AM
Interest rates have yet to recover from the
sell-off that played out following the release of the Fed's Beige Book
yesterday afternoon. Stocks on ...
