Mon, Feb 28 2011, 10:21 AM
"Qualified Residential Mortgages" is not an everyday topic of conversation but perhaps should be .
Who is going to have "skin in the game"? Here is ...
Mon, Feb 28 2011, 8:57 AM
The joint Treasury/HUD report to Congress released this month was a
major disappointment to market participants looking for a timely
resolution to...
Mon, Feb 28 2011, 8:24 AM
It's a busy week in terms of new economic data and events. Fed Chairman
Bernanke will share his semi-annual update on the status of the economy
an...
Mon, Feb 28 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-15 : -0-01
...
Mon, Feb 28 2011, 4:00 PM
This week begins with mortgage rates holding onto recent improvements. Last week, we discussed how a "flight to
quality" helped drive up investor de...
Mon, Feb 28 2011, 3:08 PM
The National Association of Realtors today released the Pending Home Sales Index for January. The Pending Home Sales
index measures housing...
Mon, Feb 28 2011, 1:17 PM
Fannie Mae's latest National Housing Survey shows that
Americans have markedly changed their perception of homeownership.
The most recent su...
Fri, Feb 25 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-14 : +0-09
...
Fri, Feb 25 2011, 11:07 AM
Both
applications for FHA-guaranteed mortgages and FHA endorsements were lower in
January than in the previous month or in January 2010. Lower dema...
Fri, Feb 25 2011, 10:03 AM
A servicing
"settlement", mentioned yesterday, certainly has the
industry roiled - especially BofA and Wells Fargo, who together service nearly
$4...
Fri, Feb 25 2011, 8:31 AM
We'll get a better idea today about whether or not the recent bond
market rally has been totally a factor of a flight to safety or if there
really...
Fri, Feb 25 2011, 5:58 PM
Mortgage rates benefited from a "flight to safety" this week.
A "flight to safety" happens when investors are nervous about owning
risky assets...
Fri, Feb 25 2011, 4:23 PM
On Tuesday we issued a directional MBS alert because the bond market seemed to be in the midst of shift in its underlying technical bias, from bea...
Fri, Feb 25 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-12 : +0-07
...
Fri, Feb 25 2011, 1:44 PM
Since the last piece of economic data for the week was released at
9:55am, MBS have been in rally mode, recently meeting resistance at
their highe...
Thu, Feb 24 2011, 12:36 PM
Sales
of new single-family houses in January 2011 were at a seasonally
adjusted annual rate of 284,000, according to estimates released jointly
...
Thu, Feb 24 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-06
...
Thu, Feb 24 2011, 10:47 AM
Whoever thought that loan servicing would be so exciting? If
you think that a servicer earning 25 basis points every year is earning
too much if ...
Thu, Feb 24 2011, 8:25 AM
The 10-year Treasury note traded in a yield range of 3.49% to 3.44% overnight, after giving up three basis points and closing at 3.49% yesterday. Rat...
Thu, Feb 24 2011, 4:26 PM
Mortgage rates continue to benefit from a "flight to safety".
A "flight to safety"
happens when investors are nervous about owning risky assets l...
Thu, Feb 24 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-06
...
Thu, Feb 24 2011, 2:30 PM
Fannie
Mae has announced a new program to measure and evaluate the performance of its
servicers' actions toward helping homeowners avoid foreclo...
Thu, Feb 24 2011, 2:01 PM
Despite
a sizeable drop in the fourth quarter, sales of foreclosed properties again
accounted for over a quarter of all single-family home sales in ...
Thu, Feb 24 2011, 1:48 PM
$29bn 7s: Indirects close to average. Dealers make up for light direct
bid. BTC near average. High yield 5bps thru 1pm WI.
Not bad, not bad.
...
Wed, Feb 23 2011, 12:51 PM
I'm winding down a two week trip to the Mid-West where I've been
performing warehouse lender audits. Something that's really stood out to
me latel...
Wed, Feb 23 2011, 12:10 PM
The Federal Deposit Insurance Corporation (FDIC) has reminded the country that February 20-27th is "America Saves Week".
Savings enable consumers...
Wed, Feb 23 2011, 11:28 AM
As we discussed yesterday, the momentum that has been negative for
benchmark Treasuries and production MBS coupons throughout February...
may be s...
Wed, Feb 23 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-04 : +0-02
...
Wed, Feb 23 2011, 11:01 AM
Originators and borrowers are often faced with the "rent versus own" question, with varying results. Here is an INTERACTIVE CALCULATOR
Homeo...
Wed, Feb 23 2011, 9:36 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending February 11th, 2011.
"Ongo...
Wed, Feb 23 2011, 8:38 AM
Equity
futures are rebounding after anti-government riots in oil-rich Libya
initiated the worst single-day sell-off since August yesterday. As
s...
Wed, Feb 23 2011, 5:44 PM
Mortgage rates continue to enjoy a
period of relief after rising rapidly in recent
weeks. The extent to which this relief
period matures into a mo...
Wed, Feb 23 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Feb 23 2011, 3:31 PM
The uptrend in existing-home sales continues, with January sales rising
for the third consecutive month with a pace that is now above year-ago
lev...
Wed, Feb 23 2011, 2:16 PM
Despite the current political focus on reforming the housing
finance market, the Acting Director of the Federal Housing Finance Agency
(FHFA) told...
Wed, Feb 23 2011, 1:38 PM
My latest tweet (AQ_MND) :
$35bn 5s not so hot. Tailed 1pm by 3bps, BTC on weak side, Dealers take
58.2%. Directs and Indirects reduce tenders an...
Tue, Feb 22 2011, 12:36 PM
Last week the FHA announced
it would increase annual mortgage insurance premiums by 0.25% to
"bolster capital reserves", effective for case nu...
Tue, Feb 22 2011, 12:26 PM
The S&P/Case Shiller Home Price Indices, which track home prices
throughout the U.S. on a two-month lag, declined 3.9 percent during the fourth quar...
Tue, Feb 22 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Feb 22 2011, 9:47 AM
What is the public hearing and seeing regarding the April Fool's Day changes?
"Starting April 1, under a new compensation rule from the Federal
R...
Tue, Feb 22 2011, 8:55 AM
Equity
futures are sharply lower as the week begins following an earthquake in
New Zealand, a possible credit downgrade to Japan, and continued un...
Tue, Feb 22 2011, 4:27 PM
UPDATED CURRENT MARKET : The "Best
Execution" conventional 30 year fixed mortgage rate improved to 5.00%
today. There is an opportunity to lock ...
Tue, Feb 22 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-20
...
Tue, Feb 22 2011, 1:51 PM
The bond market seems to be in the midst of technical shift in the underlying technical bias, from bearish to bullish.
We've observed much short c...
Fri, Feb 18 2011, 12:48 PM
Americans
are increasingly turning away from variable rate mortgage products when
refinancing according to the Quarterly Product Transition Report...
Fri, Feb 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Feb 18 2011, 11:01 AM
The
Department of Housing and Urban Development (HUD) has premiered a quarterly publication
that will highlight policy-relevant research for policy ...
Fri, Feb 18 2011, 10:57 AM
There's a saying, "We are born naked, wet, and hungry. And then things get worse." But perhaps, just perhaps, smaller mortgage brokers and bankers won...
Fri, Feb 18 2011, 8:34 AM
The bellwether 10-year Treasury is yielding 3.59% this morning, after firming five basis points to 3.57% on Thursday.
Equity futures are flat this ...
Fri, Feb 18 2011, 4:29 PM
Although costs inched slightly higher today, the overall picture of this
week in mortgage rates was finalized today and it doesn't look too bad.
I...
