Wed, Oct 12 2011, 4:11 PM
More optimism surrounding the
European Debt risis and more tough times for Mortgage Rates . Unlike yesterday's
rather abrupt rise in rates vers...
Wed, Oct 12 2011, 1:55 PM
Bond prices have backed up sharply over the last week. The price of the 10-year Treasury note has lost almost 3 points since last Monday (10/3), pus...
Tue, Oct 11 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 11 2011, 10:38 AM
Sweet
home, Chicago...Chicago's City Council published an ordinance that would require banks, mortgage servicers and
institutional investors to mai...
Tue, Oct 11 2011, 8:48 AM
The bond market was closed Monday so Treasury yields are only now backing up in reaction to the broad equity rally which pushed the Dow nearly 3% high...
Tue, Oct 11 2011, 4:43 PM
On Friday, we talked about how the
Employment Situation Report contributed to higher Mortgage Rates . The
optimism surround the European debt...
Tue, Oct 11 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 11 2011, 3:19 PM
"The trend is your friend," or "play the range until the range plays you..." Two of the commonly heard phrases during periods like the last 2 months...
Tue, Oct 11 2011, 1:59 PM
Six banks were closed by the Federal Deposit
Insurance Corporation (FDIC) in September for a total of 74 in the year to date
according to informa...
Mon, Oct 10 2011, 9:40 AM
At this
week's MBA conference in Chicago I have noticed conference participants doing
their very best to look very busy, even when standing in a lob...
Fri, Oct 7 2011, 12:08 PM
With the exception of 2000, a greater
percentage of Americans own homes today than at any time since the U.S. Census
Bureau began to collect homeow...
Fri, Oct 7 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Oct 7 2011, 10:47 AM
Eliminating or curtailing the mortgage
interest deduction would have a disproportionate impact on younger middle-class
families according to testimo...
Fri, Oct 7 2011, 10:34 AM
Pssst...efha.com
is for sale. It was designed as a retail site, and the sale includes the domain
name and redesigned screenshots. Visit efha.com
fo...
Fri, Oct 7 2011, 8:50 AM
After hitting a 2011 nadir early this week, equities have rebounded for three straight days on hopes that European officials are getting closer to res...
Fri, Oct 7 2011, 4:24 PM
Today's
Employment Situation Report was stronger than expected. It's one of, if not the most significant
pieces of domestic economic data each mont...
Fri, Oct 7 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Oct 7 2011, 1:56 PM
Better than expected Non-Farm-Payrolls number... Fairly sizable sell-off earlier in the day (though possibly stabilizing now)... Given that we menti...
Fri, Oct 7 2011, 1:27 PM
After too many years of hearing people say real-uh-ter in reference to real estate agents, it's time to set the record straight. 'Realtor' is two syll...
Thu, Oct 6 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Oct 6 2011, 10:58 AM
Home price are continued their slow recovery from the double dip
experienced in late 2010 and early 2011, but recent price performance indicates
the...
Thu, Oct 6 2011, 10:02 AM
Things began in pretty ugly fashion this morning. MBS came in the door weaker than yesterday and fell further after the Jobless Claims data. At that...
Thu, Oct 6 2011, 9:41 AM
roduction
jobs come and go. On one side, Kinecta
Federal Credit Union is continuing to grow its business and is hiring Retail Mortgage Loan Cons...
Thu, Oct 6 2011, 4:45 PM
There's little left to say that hasn't already been said by
way of preparing for tomorrow's jobs report. While it's possible that
tomorrow's NFP su...
Thu, Oct 6 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Oct 6 2011, 4:05 PM
Mortgage Rates
continued higher today, removing 3.875% from Best-Execution status as most
lenders and introducing the possibility of seeing 4.125%...
Thu, Oct 6 2011, 2:46 PM
Twenty-three metropolitan areas are now
listed on the National Association of Home Builders (NAHB)/First American
Improving Markets Index (IMI) re...
Thu, Oct 6 2011, 2:24 PM
The weakness in MBS and Treasuries over the past few days has been unpleasant, but at least the charts are suggesting it's been a calculated move. No...
Wed, Oct 5 2011, 12:57 PM
While all that follows could be at moot point tomorrow and beyond, for today at least, parts of the market are leaving the possibility open for MBS to...
Wed, Oct 5 2011, 12:31 PM
The Mortgage Bankers Association's (MBA's)
Market Composite Index, a measure of mortgage loan application volume , fell 4.3
percent on a seasonally...
Wed, Oct 5 2011, 11:35 AM
The
English language has different nouns for the various groups of animals. We call
a bunch of cows a "herd." We call a group of geese a "gaggle," a...
Wed, Oct 5 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Oct 5 2011, 10:51 AM
Three law firms are seeking participants
in a class action law suit seeking damages from 13 lenders for alleged fraud
against borrowers seeking ...
Wed, Oct 5 2011, 10:28 AM
Just like bond markets were struggling after Bernanke's testimony yesterday, but not directly because of the testimony, so too are they struggling tod...
Wed, Oct 5 2011, 10:18 AM
The Mortgage Bankers Association (MBA)
released its report on the commercial/multi-family finance picture for the
second quarter on Tuesday, sayin...
Wed, Oct 5 2011, 9:14 AM
Intermediate and long-term Treasuries are backing off this morning as the stock market continues to climb following a stunning 45-minute rally to end ...
Wed, Oct 5 2011, 5:00 PM
The Departments of Housing and Urban
Development (HUD) and Treasury have issued the administration's September
Housing Scorecard . The scorecard i...
Wed, Oct 5 2011, 4:49 PM
It's been an interesting few days in markets as several huge factors continue to jockeying for position as the most important market-mover. That's cr...
Wed, Oct 5 2011, 4:32 PM
Bond markets were slightly weaker
today and Mortgage Rates edged just
slightly higher, shifting the balance toward 4.0% as the more prevalent
B...
Wed, Oct 5 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 4 2011, 12:34 PM
The August Mortgage Monitor report released on Monday by
Lender Processing Services, Inc. (LPS) paints a mixed picture of the current
state of for...
Tue, Oct 4 2011, 11:34 AM
"As
previously announced, Bank of America Home Loans plans to exit the
correspondent mortgage lending channel and focus entirely on retail
distribu...
Tue, Oct 4 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 4 2011, 8:25 AM
Risk aversion pushed the 30-year Treasury to a multi-year high overnight and equities are tumbling hard even after a substantial fall on Monday.
"...
Tue, Oct 4 2011, 5:16 PM
The answer to the question posed in the headline will turn out to be "not in the slightest." But if you happen to have time for more than once senten...
Tue, Oct 4 2011, 4:55 PM
After improving for several days and
falling in line with all-time lows, Mortgage
Rates took a step back today. Just as most of yesterday's ga...
Tue, Oct 4 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 4 2011, 2:29 PM
The Office of Inspector General
( OIG ) for the Federal Housing Finance Agency ( FHFA ) has released critical preliminary
findings from an audit con...
Mon, Oct 3 2011, 12:07 PM
A huge crack appeared in the unified front represented by the 50 states'
attorneys general (AGs) on Friday when California withdrew from multi-state...
Mon, Oct 3 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
