Fri, May 20 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : +0-02
...
Fri, May 20 2011, 1:14 PM
The US housing market may be entering a "third stage" of foreclosures according to the MBA's Chief Economist Jay Brinkman.
The initial fallout from...
Fri, May 20 2011, 1:12 PM
Americans are slightly more upbeat about owning a home and the housing market in general than they were at the end of 2010, according
to the latest ...
Thu, May 19 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
95-24 : -0-05
...
Thu, May 19 2011, 11:22 AM
The National Association of Realtors today released Existing Home Sales data for April 2011 Existing Home Sales report on the number of completed...
Thu, May 19 2011, 10:03 AM
"Rob, I continue
to hear rumors about rumors of large established correspondent investors
possibly questioning their practice of buying closed loan...
Thu, May 19 2011, 8:48 AM
The Huffington
Post reported late yesterday that five of the country's largest mortgage lenders may have defrauded taxpayers by filing false clai...
Thu, May 19 2011, 8:29 AM
Treasuries continue to back up as investors bet on equities making a rebound. The benchmark 10-year Treasury is yielding 3.19% in early trading, vers...
Thu, May 19 2011, 5:23 PM
Although borrowing costs rose today, the newly updated Best-Execution
mortgage rate offering we discussed on Wednesday
remains unchanged. ...
Thu, May 19 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-28 : +0-00
...
Wed, May 18 2011, 11:34 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending May 13, 2011.
The MBA's lo...
Wed, May 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-04 : -0-09
...
Wed, May 18 2011, 10:29 AM
"Rate sheet influential" MBS coupons have fallen to new intraday lows as stocks have risen to new intraday highs.
This is poor timing as many lock...
Wed, May 18 2011, 9:58 AM
A hockey coach once said, "Last year we
couldn't win at home and we were losing on the road. My failure as a coach was
that I couldn't think of anyp...
Wed, May 18 2011, 8:57 AM
Treasuries are trading near fresh calendar year highs this morning. Little data comes out today until the FOMC minutes are released in the mid-afterno...
Wed, May 18 2011, 4:50 PM
Although borrowing costs rose today, the newly updated Best-Execution mortgage rate offering we discussed yesterday remains unchanged. Unfortunat...
Wed, May 18 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-29 : -0-16
...
Wed, May 18 2011, 4:01 PM
The main observation we take away from the FOMC Minutes : UNCERTAINTY OVER THE IMPACT OF RISING ENERGY PRICES
Here is a brief recap of the int...
Wed, May 18 2011, 1:28 PM
One obvious lesson we've all learned from the ongoing mortgage crisis: everyone loses
when consumers are unable to determine if they can afford to
...
Tue, May 17 2011, 12:08 PM
Sometimes you think
things are one way, and they turn out to be different. Just ask Maria Shriver,
who found out about Arnold Schwarzenegger and a l...
Tue, May 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-19 : +0-09
...
Tue, May 17 2011, 9:30 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for April 2011. ...
Tue, May 17 2011, 8:26 AM
Rates are mostly unchanged amid light trading volume as investors await new housing and industrial production figures. Debt concerns in Europe are s...
Tue, May 17 2011, 4:28 PM
The mortgage rate "wall" is beginning to crack.
Unlike previous sessions where borrowing costs didn't rally enough to affect the position of the ...
Tue, May 17 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-13 : +0-04
...
Tue, May 17 2011, 2:10 PM
The New York
Time and the Associated Press are reporting that the New York State
Attorney General, Eric Schneiderman, is quietly investigating t...
Tue, May 17 2011, 1:55 PM
Acting Federal
Housing Finance Agency (FHFA) Director Edward DeMarco addressed the 2011
Federal Home Loan Bank (FHLBank) Directors Conference last w...
Mon, May 16 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-32 : -0-06
...
Mon, May 16 2011, 10:40 AM
Seen on a doc drawer's bulletin board:
"I don't mind coming to work. It's the 8 hour wait until going home
that's killing me."
Here is some new...
Mon, May 16 2011, 9:05 AM
Both fixed income and equity markets are worse off to start the week.
The cause of uncertainty is a strange one - IMF chief Dominique Strauss-Kah...
Mon, May 16 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-10 : +0-05
...
Mon, May 16 2011, 3:49 PM
Mortgage rates failed to improve last week and home loan borrowing costs moved mostly sideways. On Friday we said rates had hit a wall . Today tha...
Mon, May 16 2011, 2:08 PM
The National Association of Homebuilders
(NAHB) reported on Monday that its Housing Market Index (HMI) came in at 16 for the sixth time in seven ...
Mon, May 16 2011, 1:35 PM
It's been a slow session but MBS prices have reversed course and gone green. Recalls and reprices for the better are possible.
Here is a progressi...
Mon, May 16 2011, 1:16 PM
Two lawmakers have introduced
bipartisan legislation that would eliminate Freddie Mac and Fannie Mae while
still keeping a government presence in th...
Fri, May 13 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-06 : +0-09
...
Fri, May 13 2011, 11:04 AM
The Bureau of Labor Statistics released the Consumer Price Index for March 2011 this morning. The Consumer Price Indexes (CPI) program produces mo...
Fri, May 13 2011, 8:29 AM
The Treasury market is mixed this morning as broader sentiment picked up following stronger-than-anticipated Euro area GDP results. The two-year Trea...
Fri, May 13 2011, 4:51 PM
Home loan borrowing costs have hit a wall.
Since reaching the best
levels of the year on Friday of last week, rates have been unable to
improve ...
Fri, May 13 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-05 : +0-08
...
Fri, May 13 2011, 3:40 PM
We have 18 months until the presidential
election, and already things are heating up. The financial community is closely
following Donald Trump's ca...
Thu, May 12 2011, 12:05 PM
Foreclosure activity hit a 40 month low
in April, posting a decline in all types of filings for the seventh straight
month according to data release...
Thu, May 12 2011, 11:51 AM
America's
household debt level ticked upward for the first time in 10 quarters during the first three months of 2011 according to a report releas...
Thu, May 12 2011, 11:21 AM
My memory's not as sharp as it used to be.
Also, my memory's not as sharp as it used to be.
Along those lines I bet all the reverse mortgage...
Thu, May 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-03 : +0-00
...
Thu, May 12 2011, 10:34 AM
President Obama was on CBS
this morning discussing the state of the
U.S. economy. In the Q&A session Obama cited a weak housing
market and ...
Thu, May 12 2011, 8:27 AM
Interest rates continue to wait in limbo as risk markets weigh the
economic impact of expensive food & energy costs in an
environment that offers ...
Thu, May 12 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, May 12 2011, 4:10 PM
Best-Execution mortgage rates are unchanged vs. yesterday's offerings.The closing costs tied to those
rates actually moved marginally lower today. Th...
Thu, May 12 2011, 1:49 PM
Treasury just auctioned $16bn 30 year bonds. Things didn't go well. Rates are on the rise. Quickly...
Benchmark just broke overhead support and
...
