Fri, Dec 16 2011, 3:26 PM
Mortgage Rates
experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to ob...
Thu, Dec 15 2011, 10:02 AM
Christmas
Day is only ten days away, and thrill-seeking mortgage bankers and Realtors
everywhere are wondering what they'll find under their tree. H...
Thu, Dec 15 2011, 9:51 AM
Foreclosure activity continued to
decline in November and is now down 14 percent from one year ago when one in
every 492 U.S. housing units was t...
Thu, Dec 15 2011, 8:58 AM
After the massive glut of domestic economic data this morning, MBS and Treasuries are understandably under some selling pressure, but have been holdin...
Thu, Dec 15 2011, 4:21 PM
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Thu, Dec 15 2011, 3:41 PM
Despite a busy morning of economic data, Mortgage Rates
are essentially unchanged from yesterday's levels, leaving the all-time-low 3.875% Best-Ex...
Thu, Dec 15 2011, 2:21 PM
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Thu, Dec 15 2011, 1:13 PM
After the last of this morning's economic data hit, we'd basically seen all there is to see this week. With tomorrow being a Quadruple Witching day, ...
Thu, Dec 15 2011, 1:10 PM
Nearly half of Fannie Mae's eligible servicers
are on track to receive at least a three STAR rating for 2011. Fannie
Mae announced third quarter r...
Wed, Dec 14 2011, 11:21 AM
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Wed, Dec 14 2011, 10:51 AM
The National Association of Realtors® (NAR) will
hold a press conference next week to announce revisions to its data on sales of
previously owned U...
Wed, Dec 14 2011, 10:50 AM
Shaun Donovan, Secretary of Housing and
Urban Development (HUD) told the Interagency Council on Homelessness on Tuesday
that homelessness in the cou...
Wed, Dec 14 2011, 10:44 AM
A pig and
a chicken are walking down a road. The chicken looks at the pig and says
"Hey, why don't we open a restaurant?" The pig looks back at the
...
Wed, Dec 14 2011, 9:45 AM
Buoyed
by a surge in refinancing , the Market Composite Index issued weekly by the
Mortgage Bankers Association (MBA) increased by 4.1 percent on a...
Wed, Dec 14 2011, 8:36 AM
After an extremely quiet overnight session, domestic bond markets are beginning the day in generally the same territory as yesterday's close. Fannie 3...
Wed, Dec 14 2011, 4:21 PM
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Wed, Dec 14 2011, 3:59 PM
Another strong Treasury auction, among other things, helped Mortgage Rates
in lower again today. Although Best-Execution rates still haven't move...
Wed, Dec 14 2011, 3:20 PM
At the beginning of the week, and even during the morning hours yesterday, prices of Fannie 3.5's (dominant production coupon for conforming 30yr loan...
Tue, Dec 13 2011, 11:33 AM
10yr yields have experienced only a slight benefit from earlier news that German Chancellor Angela Merkel rejected the notion of raising the upper lim...
Tue, Dec 13 2011, 11:21 AM
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Tue, Dec 13 2011, 10:55 AM
For you
folks who are clock-watchers as the day winds down: http://lovedbdb.com/nudemenClock/index2.html .
(It makes one think that some software d...
Tue, Dec 13 2011, 10:14 AM
The Federal Housing Finance Agency ( FHFA ) has reacted
on two fronts to a recent move by The City of Chicago to enforce parts of its
housing cod...
Tue, Dec 13 2011, 8:46 AM
This morning's release of November Retail Sales (advance/estimate report) failed to inspire any directional shifts in markets despite the coming in 0....
Tue, Dec 13 2011, 4:16 PM
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Tue, Dec 13 2011, 4:03 PM
A strong Treasury auction and an uneventful policy statement from the Federal Reserve paved the way for Mortgage Rates
to improve to their best le...
Tue, Dec 13 2011, 3:10 PM
Today's impressive 10yr Treasury Note Auction was the key component in a rally that has taken 10yr yields from one side of their recent range to the o...
Mon, Dec 12 2011, 11:16 AM
MBS Live : MBS MID-DAY
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Mon, Dec 12 2011, 10:21 AM
It's a full blown sell-a- thon in stock markets at the moment with S&P's having now charged straight through Friday's lows now down around 25 point...
Mon, Dec 12 2011, 10:00 AM
Any time I
see "Jodie Foster," "housing scheme," "estranged father
"and, "cargo containers" in one sentence, I scramble for the latest edition of
P...
Mon, Dec 12 2011, 8:39 AM
Just as light volume exaggerated the bond market losses on Friday afternoon, it helped things bounce back a bit this morning. But even without the "h...
Mon, Dec 12 2011, 4:16 PM
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Mon, Dec 12 2011, 3:27 PM
The most recent alert from MBS Live:
Slight Chance of Negative Reprices as MBS hit Lows 3:43PM
This is one of those alerts where we wouldn't b...
Mon, Dec 12 2011, 3:07 PM
After rising by a very small amount on Friday, Mortgage Rates begin the current week in roughly the same territory. The changes taking place over t...
Mon, Dec 12 2011, 1:44 PM
The Census Bureau regularly issues a
vacant properties report which is generally covered by MND, and less extensive
data on vacancies is kept by oth...
Fri, Dec 9 2011, 12:43 PM
MBS have somewhat recovered from earlier weakness, although it has been enough for some reprice concern, so far we've only seen one lender recall. He...
Fri, Dec 9 2011, 12:05 PM
Senator Johnny Isakson (R-GA) has submitted
legislation to Congress that would put Fannie Mae and Freddie Mac out of
business while creating a ne...
Fri, Dec 9 2011, 11:16 AM
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Fri, Dec 9 2011, 11:07 AM
The National Association of Home
Builders (NAHB) reports that one out of every three of its builder members has
lost a sale during the last six mo...
Fri, Dec 9 2011, 10:22 AM
The net worth of U.S. households worsened during the third
quarter of 2011 according to the Federal Reserve's Flow of Funds Summary for
the quarte...
Fri, Dec 9 2011, 9:57 AM
If it's a
slow Friday afternoon in the office today, and you enjoy optical illusions .
I'd like to say that there are no illusions in Washingto...
Fri, Dec 9 2011, 9:41 AM
The Mortgage Bankers Association (MBA) submitted an
Alternative Mortgage Servicing Compensation Discussion Paper to the Federal
Housing Finance Ag...
Fri, Dec 9 2011, 8:42 AM
There are more newswires out of the EU than you can shake a stick at
this morning. In what has to be one of the most anticlimactic
resolutions to ...
Fri, Dec 9 2011, 4:16 PM
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Fri, Dec 9 2011, 1:51 PM
Mortgage Rates rose ever-so-slightly today after Best-Execution fell to it's all-time low yesterday. If you didn't catch it, please see yesterday's...
Thu, Dec 8 2011, 12:57 PM
Average per-loan profits among independent mortgage banks and
subsidiaries more than doubled in the third quarter according to the Mortgage
Bankers ...
Thu, Dec 8 2011, 12:52 PM
MBS prices rose to their highest levels in over 2 months today as stocks and Treasury yields fall to their lowest levels of the month. Fannie 3.5 MBS...
Thu, Dec 8 2011, 11:16 AM
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Thu, Dec 8 2011, 9:53 AM
If you
made a Christmas wreath out of $100 bills would you have Areath-a Franklins?
I have been retained by a very well-capitalized mortgage ban...
Thu, Dec 8 2011, 8:27 AM
Overnight Sessions Growing Quieter Ahead of Summit. MBS Improve 8:27AM
Yesterday's open was preceded by an uneventful overnight session with low v...
Thu, Dec 8 2011, 4:16 PM
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