Thu, Oct 20 2011, 5:06 PM
Just a quick post tonight, mostly to update you on how the charts that we discussed this afternoon ended up panning out by 5pm. Long story short, t...
Thu, Oct 20 2011, 4:45 PM
Apparently, we jinxed the market
yesterday by referring to recent stability...
Apologies on that, but the damage is minimal... Mortgage Rates ...
Thu, Oct 20 2011, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Oct 20 2011, 4:10 PM
The seasonal decline in home prices that always proceeds the holidays
and continues through the cold winter months has already begun, appearing
ea...
Thu, Oct 20 2011, 2:09 PM
Actually, MBS are 2 ticks UP as opposed to down, but I refuse to rewrite this blog and re-do my charts simply because markets are too flighty and inde...
Thu, Oct 20 2011, 1:15 PM
Existing home sales including single-family
houses, townhouses, condos, and co-ops posted a decline in September according
to data released today b...
Wed, Oct 19 2011, 11:21 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
101-04 : -0-01
...
Wed, Oct 19 2011, 10:31 AM
Men have
always wanted a manual for women. (I am sure somehow, that just like the
manuals for cell phones and cameras, we'd flip through and look fo...
Wed, Oct 19 2011, 9:05 AM
Mortgage
applications dropped sharply during the week ended October 14, falling 14.9
percent on both a seasonally adjusted and an unadjusted basis. ...
Wed, Oct 19 2011, 8:47 AM
U.S. markets were little moved overnight as investors digest earnings, await new inflation and housing data, and examine possible outcomes for Europe'...
Wed, Oct 19 2011, 4:54 PM
We had an extended conversation the other day about what technically constitutes a "breakout." In fact that's a pretty good article to revisit in g...
Wed, Oct 19 2011, 4:29 PM
For the first time since September, Mortgage Rates have held steady or improved for 3 straight days. Granted, the actual level of improvement is
...
Wed, Oct 19 2011, 4:21 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Oct 19 2011, 2:51 PM
Bonds have experienced a sharp backup in rates since the beginning of October. From October 3rd through the close of 10/17, the yield on the 10-yea...
Wed, Oct 19 2011, 1:33 PM
Privately-owned housing starts in
September rose 15.0 percent above starts in August to a seasonally adjusted annual
rate of 658,000 units. Accordi...
Tue, Oct 18 2011, 11:31 AM
A new plan is on the table in the
seemingly endless parade of negotiations aimed at ending the foreclosure crisis
and resolving the legal impasses o...
Tue, Oct 18 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 18 2011, 10:48 AM
Default levels rose in all credit
categories except auto loans in September according to data from S&P
Indices and Experian. The month-to-month
c...
Tue, Oct 18 2011, 10:40 AM
"Buy
real estate - they're not making any more of it." Most of the time that is
true, but here is a somewhat interesting 50 seconds of the entire si...
Tue, Oct 18 2011, 8:48 AM
Weak earnings in the U.S. and a warning from Moody's that France could lose its AAA status has global equities in a frenetic sell-off Tuesday.
Saf...
Tue, Oct 18 2011, 4:46 PM
After improving yesterday, Mortgage Rates mostly held steady today although the Secondary Mortgage Market was
volatile, especially late in the da...
Tue, Oct 18 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Oct 18 2011, 1:28 PM
If you haven't already noticed it in your mind's eye, there's a nice, well-behaved trend channel in MBS over the past two days (for those that need a ...
Mon, Oct 17 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Oct 17 2011, 10:43 AM
For bank closures on Friday, and I am simplifying
things, in NC the depositors of Blue Ridge Savings Bank were warmly embraced by
Bank of North Ca...
Mon, Oct 17 2011, 9:14 AM
Treasuries are firmer and U.S. equities are mixed following the the Group of 20 finance ministers weekend meeting in Paris. European bourses has been ...
Mon, Oct 17 2011, 4:54 PM
Volatility worked agains us on Friday, but in our favor today. After being pushed to the edge of
their recent range on Friday, Mortgage
Rates e...
Mon, Oct 17 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Oct 17 2011, 2:32 PM
Today has been like an oasis of relatively stable positivity for MBS. If you look at the last two weeks as an indicative of the nature of the MBS mar...
Mon, Oct 17 2011, 1:51 PM
In 2009 seven federal agencies that supervise banks,
credit unions, thrifts, and the Farm Credit System (the regulators) revised the
Interagency Q...
Fri, Oct 14 2011, 12:37 PM
It's been a fairly rough day for MBS so far. 3.5 MBS coupons are not trading with much liquidity, and as the lone buyer of size, the Fed's daily allo...
Fri, Oct 14 2011, 10:16 AM
How much
does a media room cost in Arizona? $2.5 million... when it's attached to John
McCain's listed house .
MetLife Mortgage , suddenly th...
Fri, Oct 14 2011, 10:13 AM
How much
does a media room cost in Arizona? $2.5 million... when it's attached to John
McCain's listed house .
MetLife Mortgage , suddenly th...
Fri, Oct 14 2011, 9:14 AM
The Treasury curve flattened overnight and equities are prepping for a session in the black after Google posted stronger than results late Thursday. ...
Fri, Oct 14 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Oct 14 2011, 4:12 PM
From a recent alert on the MBS Dashboard: "Late day illiquidity and a stock market rally are weighing on MBS this afternoon. Prices are in line with...
Fri, Oct 14 2011, 3:55 PM
After improving for the first time
in almost two weeks yesterday, Mortgage Rates increased back to Wednesday's
levels.
In many cases, this ra...
Fri, Oct 14 2011, 3:36 PM
I'm as guilty of participating in the blame game as anybody, but I want to evolve beyond it. It accomplishes nothing for our industry and has hardened...
Fri, Oct 14 2011, 2:19 PM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Oct 13 2011, 12:20 PM
Although it's a bit too soon to tell, perhaps we're seeing the first day of bond markets officially digging in and beginning the tough, slow push back...
Thu, Oct 13 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Oct 13 2011, 11:15 AM
Foreclosure
activity increased during the third quarter of 2011, driven largely by a spike
in early filings in August. Data for September
showed a...
Thu, Oct 13 2011, 10:54 AM
What are
political ads like in Texas ?
As was
noted in yesterday's commentary, one of the questions that folks in the
mortgage conference hallw...
Thu, Oct 13 2011, 8:21 AM
Treasury yields are falling for the first time in seven sessions as investors hesitate to push equities higher until new data hits the wires.
The b...
Thu, Oct 13 2011, 5:05 PM
I've heard and taken part in a few discussions this week about how this October is shaping up to be just like last October where we had the lowest rat...
Thu, Oct 13 2011, 4:45 PM
Domestic economic data and the
exuberance over the European debt situation were both fairly lackluster today,
and Mortgage
Rates improved deci...
Thu, Oct 13 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Oct 12 2011, 12:51 PM
In moments, Treasury will auction $21 bln in reopened 10yr notes. Reopenings have been strong vs refundings in terms of where the auction's high yiel...
Wed, Oct 12 2011, 11:47 AM
Want a very
telling pictorial of the current state of banking?.
The MBA
conference has ended, and it is off to New Mexico for me, and then Se...
Wed, Oct 12 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
