Tue, Jul 5 2011, 4:08 PM
After failing on repeated occasions to extend a two-month rally, mortgage rates took the path of least resistance last week: UP. The BestEx levee b...
Mon, Jul 4 2011, 1:43 PM
On this day in 1776,
the Declaration of Independence was approved by the Continental Congress. Who
has time to read a darned commentary on mortgages...
Fri, Jul 1 2011, 12:53 PM
After failing on repeated occasions to extend a two-month rally, mortgage rates took the path of least resistance this week: UP
The BestEx levee...
Fri, Jul 1 2011, 12:22 PM
[I am away from the computer on a daily basis,
and my access to e-mail is sporadic and not timely. In my place are daily
commentaries from a series ...
Fri, Jul 1 2011, 11:58 AM
According to the Department of Housing
and Urban Development's (HUD) research publication, Evidence Matters , the U.S. has not examined its nati...
Fri, Jul 1 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-06 : -0-13
...
Fri, Jul 1 2011, 8:47 AM
Markets have yet to find direction on the first day of the third quarter. Treasuries are unchanged from Thursday's close. The two-year yield is 0.47%...
Fri, Jul 1 2011, 4:24 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-15 : -0-04
...
Thu, Jun 30 2011, 12:15 PM
Foreclosure
sales have not regained the momentum they had before numerous lender moratoria
brought the process to a virtual halt last Fall.
Acco...
Thu, Jun 30 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-16 : -0-15
...
Thu, Jun 30 2011, 9:18 AM
Originally published in the July 2011 issue of Asset Securitization Report
The regulatory agencies charged with implementing the risk-retentio...
Thu, Jun 30 2011, 8:33 AM
It's the last day of the 2nd quarter and the Fed's 2nd Quantitative Easing program. And stocks and bonds are both off to a positive start as the Greek...
Thu, Jun 30 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-18 : -0-13
...
Thu, Jun 30 2011, 3:58 PM
Volatility attacked on Tuesday and attacked again today.
For the second time this week, home loan
borrowing costs have risen about as much as they...
Wed, Jun 29 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-08 : -0-03
...
Wed, Jun 29 2011, 10:05 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending June 24, 2011.
After seeing a m...
Wed, Jun 29 2011, 9:26 AM
Bonds got beat up yesterday as a combination of overbought technicals, quarter-end debt auction supply, and a rally in the stock market all pressured ...
Wed, Jun 29 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : -0-13
...
Wed, Jun 29 2011, 3:45 PM
Volatility attacks!
Home loan borrowing costs rose about as much as they could yesterday
without having it negatively impact CURRENT MARKET Best ...
Wed, Jun 29 2011, 2:44 PM
Transparency is critical and today much of the paperwork associated with a mortgage is far too confusing.
Recent government regulations have made ...
Wed, Jun 29 2011, 2:14 PM
There's some positive news on the future of home
sales.
The Pending Home Sales Index rose sharply in May, indicating an upbeat
outlook for the ...
Tue, Jun 28 2011, 12:57 PM
Woohoo! The April S&P/Case-Shiller Home Price Indices showed a monthly increase * in home prices for the first time in eight months today.
On...
Tue, Jun 28 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-29 : -0-05
...
Tue, Jun 28 2011, 8:27 AM
The start of a new week brought with it a reversal of positive price
action yesterday.
After rallying as far as 2.85% late last week, the
10yr...
Tue, Jun 28 2011, 5:56 PM
Home loan borrowing costs rose about as much as they could today
without having it negatively impact CURRENT MARKET Best-Execution
Mortgage Rate q...
Tue, Jun 28 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-11 : -0-23
...
Tue, Jun 28 2011, 2:52 PM
[I am away from the computer on a daily
basis, and my access to e-mail is sporadic and not timely. In my place are
daily commentaries from a series ...
Mon, Jun 27 2011, 11:16 AM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-04 : -0-08
...
Mon, Jun 27 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-10 : -0-02
...
Mon, Jun 27 2011, 11:05 AM
[I am away from the computer and my access to e-mail is sporadic and not timely. In my place are daily commentaries from a series of very knowledgeabl...
Mon, Jun 27 2011, 8:48 AM
The week begins at a brisk pace wi th Personal Income and Spending right
off the bat at 8:30AM on Monday morning. Soon after that we'll be
prepar...
Mon, Jun 27 2011, 4:33 PM
We're back to and maybe even setting new year-to-date mortgage rate lows right now. These positive developments follow a short period of stagnation wh...
Mon, Jun 27 2011, 2:50 PM
While they
aren't a new concept, the second issue of the HUD publication Evidence Matters highlights the growing
importance of multibank efforts...
Fri, Jun 24 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-11 : -0-02
...
Fri, Jun 24 2011, 9:52 AM
WANNA TALK ABOUT HEADLINE EXHAUSTION....
This is just the last 24 hours.
EU leaders issued their own vote of confidence that Greece would fi...
Fri, Jun 24 2011, 4:25 PM
We're back to and maybe even setting new year-to-date mortgage rate lows right now.
These positive developments follow a short period of stagnation...
Fri, Jun 24 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-14 : +0-01
...
Fri, Jun 24 2011, 2:31 PM
[I am on vacation, and my access to e-mail is
sporadic and not timely. In my place are daily commentaries from a series of
very knowledgeable mortga...
Thu, Jun 23 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-11 : +0-15
...
Thu, Jun 23 2011, 10:13 AM
[I am on vacation, and my access to e-mail is
sporadic and not timely. In my place are daily commentaries from a series of
very knowledgeable mortga...
Thu, Jun 23 2011, 8:26 AM
The benchmark 10-year Treasury yield briefly moved above 3% after Fed chairman Ben Bernanke's press conference on Wednesday, but it's now is four ...
Thu, Jun 23 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-13 : +0-17
...
Thu, Jun 23 2011, 3:57 PM
Some stored energy was released today.
Loan pricing improved.
And now we're back to the best mortgage rate levels of the year.
These positi...
Thu, Jun 23 2011, 2:11 PM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for May 2011.
New Residential Sal...
Thu, Jun 23 2011, 1:31 PM
Independent mortgage banks and
subsidiaries saw a huge dip in profitability as the average they made on each
loan originated dropped from $1,082 per...
Wed, Jun 22 2011, 11:39 AM
I ask those of you in the
mortgage industry with me to help broadcast the truth, the reality that has become the new mortgage
industry. Speak out in...
Wed, Jun 22 2011, 11:16 AM
The Mortgage Bankers Association
(MBA) today released its Weekly Mortgage Applications Survey* for the week
ending June 17, 2011.
Although mortga...
Wed, Jun 22 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-25 : +0-05
...
Wed, Jun 22 2011, 8:34 AM
The S&P 500 experienced its biggest gain in two months on Tuesday but trading is now back in caution-mode ahead of the Federal Reserve's monetary poli...
Wed, Jun 22 2011, 5:09 PM
For a third day in a row, intraday price volatility kept mortgage rate watchers on their toes and lenders defensive . The Fannie 4.0 MBS coupon bou...
