Wed, Oct 12 2011, 9:29 AM
Mortgage
applications during the week ended October 7 were 1.3 percent higher than during
the previous week according to the Mortgage Bankers Assoc...
Wed, Oct 12 2011, 8:56 AM
Slovakia's failure to pass the European Financial Stability Fund bill had European markets off to a weak start Wednesday, but hope that it would still...
Wed, Oct 12 2011, 4:41 PM
Lets take a look at how the recent action affects the longer term charts. Today ended on an interesting note on several fronts. Earlier this morning...
Wed, Oct 12 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Oct 12 2011, 4:18 PM
The chief economist of the Mortgage Bankers
Association (MBA) told association members Tuesday that they are in for yet
another tough year. Jay B...
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
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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
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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
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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
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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
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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
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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
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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...
