Mon, Jun 13 2011, 3:54 PM
Federal Deposit Insurance
Corporation Chair Sheila Bair recently took issue with the " Qualified Residential Mortgage " rule in a wide rangin...
Fri, Jun 10 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-00 : +0-13
...
Fri, Jun 10 2011, 10:04 AM
The Departments of Housing and Urban
Development and Treasury issued their joint Housing Scorecard for May on
Thursday. The big news is that the...
Fri, Jun 10 2011, 8:22 AM
Is the flight to quality back on? Ten-year Treasury yields are 3.5 basis points lower in early trading at 2.96% and the Fannie Mae 4.0 MBS coupon is ...
Fri, Jun 10 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-24 : +0-05
...
Fri, Jun 10 2011, 3:38 PM
After tearing down "The Wall" last Friday, the mortgage rate rally stalled and went sideways this week.
We'd describe this pause as mortgage rates...
Fri, Jun 10 2011, 1:07 PM
If someone
"about scares you half to death" twice, what happens? What home
builder economists lower their predictions twice, what happens? HomeBui...
Thu, Jun 9 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-08 : -0-06
...
Thu, Jun 9 2011, 10:30 AM
"I used to be indecisive. Now I'm not so
sure." But one thing that I am sure of is transparency. Sterne Agee
released prepayment information, impo...
Thu, Jun 9 2011, 8:23 AM
Benchmark Treasuries traded a bit weaker in the overnight session but are gaining strength ahead of U.S. econ data and a 30-year bond auction. The 1...
Thu, Jun 9 2011, 5:04 PM
After taking a breather early in the week, home loan borrowing
costs resumed their rally yesterday. With those loan pricing improvements,
conventi...
Thu, Jun 9 2011, 4:26 PM
June Freddie and Fannie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY???...
Thu, Jun 9 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-31 : -0-15
...
Thu, Jun 9 2011, 3:51 PM
Mortgage News Daily has written much content in recent months concerning the growth of
the rental market and the difficulties communities are facing ...
Wed, Jun 8 2011, 12:00 PM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-10 : +0-10
...
Wed, Jun 8 2011, 11:14 AM
Fun with numbers...In the 2010 Census, for
you reverse mortgage lenders, seven states had a median age of 40 or older:
Maine (42.7), Vermont (41.5),...
Wed, Jun 8 2011, 10:14 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending June 3, 2011.
The Refinance inde...
Wed, Jun 8 2011, 8:36 AM
A downbeat speech from Fed Chairman Ben Bernanke had the effect of erasing gains in the stock market and reversing losses in Treasuries yesterday. The...
Wed, Jun 8 2011, 5:23 PM
In short, tonight is all about the charts.
Just like our recent discussion on "History Repeating Itself," (read it if you haven't! It's pret...
Wed, Jun 8 2011, 5:02 PM
After taking a brief breather early in the week, home loan borrowing costs have resumed their rally. With today's loan pricing improvements, conventio...
Wed, Jun 8 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-15 : +0-15
...
Wed, Jun 8 2011, 4:04 PM
Approximately 22.7 percent of all U.S. homeowners were in a negative equity position with their mortgages at the end of
the first quarter of 2011, do...
Tue, Jun 7 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-22 : -0-07
...
Tue, Jun 7 2011, 9:54 AM
How long have you had
your bank account? 5 years - not bad. 10 years - good. 20 years - a loyal
customer. How about since before WWI: DoesThatCome...
Tue, Jun 7 2011, 8:38 AM
Rate sheets seem set to weaken once again as benchmark Treasuries get off to another slow start and MBS prices follow the leader into lower price terr...
Tue, Jun 7 2011, 6:05 PM
Mortgage rate watchers were reminded once again today of the threats they face when floating a loan on a shortened timeline.
Although consumer rat...
Tue, Jun 7 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-04 : +0-07
...
Tue, Jun 7 2011, 3:40 PM
The gloomy picture painted by The State of the Nation's Housing report
released yesterday by Harvard's Joint Center on Housing Studies has but ...
Mon, Jun 6 2011, 12:23 PM
Studies find it takes
2,000 times more energy to produce and ship bottled water than tap water and it
costs 10,000 times more per gallon. It also ta...
Mon, Jun 6 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-25 : -0-09
...
Mon, Jun 6 2011, 9:38 AM
If deteriorating stock market sentiment turns a corner this week, it's unlikely to be a function of optimistic data. The calendar of events is simply ...
Mon, Jun 6 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-29 : -0-05
...
Mon, Jun 6 2011, 4:15 PM
"The Wall" was seen wavering last Wednesday, teetering in its most precarious
position this year. But we needed more proof that it was ready to be t...
Mon, Jun 6 2011, 2:11 PM
The House Subcommittee on Capital
Markets and Government Sponsored Enterprises has approved eight bills to end
what it calls the bailout of Freddie ...
Fri, Jun 3 2011, 12:34 PM
Here we are on June 3 rd ,
which means we have 7 days left to comment on the Qualified Residential
Mortgage (QRM) provisions . If you thought that ...
Fri, Jun 3 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-27 : +0-02
...
Fri, Jun 3 2011, 11:05 AM
Mortgages have fallen sharply from their best levels of the day after stocks bounced from session lows.
Although the Fannie Mae 4.0 is still in th...
Fri, Jun 3 2011, 9:58 AM
You can exhale. Jobs data was even weaker than recently downgraded forecasts. Bonds are rallying, recovering almost all of yesterday's sell-off alread...
Fri, Jun 3 2011, 8:17 AM
Rising jobless claims and Wednesday's much weaker ADP private jobs report have severely diminished forecasts for the all-important Nonfarm Payrolls ...
Fri, Jun 3 2011, 5:11 PM
The bond market has been building
toward today for some time-weeks, maybe months.
The most recent stage of the MBS rally has been in motion since ...
Fri, Jun 3 2011, 4:55 PM
On Wednesday we witnessed the second stage of a potentially significant
shift lower in
home loan borrowing costs. "The Wall" was wavering, t...
Fri, Jun 3 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-01 : +0-08
...
Thu, Jun 2 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-01 : -0-11
...
Thu, Jun 2 2011, 11:19 AM
Over one-third of the
current members of the U.S. Senate have written a letter to federal regulators
urging they adopt a less restrictive defini...
Thu, Jun 2 2011, 9:34 AM
My girlfriend thinks I'm a stalker.
Well, she's not exactly my girlfriend - yet.
Given yesterday's economic numbers, suddenly
the market thinks ...
Thu, Jun 2 2011, 8:25 AM
Benchmark Treasuries begin the U.S. session slightly worse than yesterday's best levels after weak econ data pushed the 10-year Treasury yield down 11...
Thu, Jun 2 2011, 5:24 PM
Although Moody’s threatened to downgrade the U.S. credit rating again and Greece agreed to another bailout “in principle”, which led to a short sellin...
Thu, Jun 2 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-27 : -0-18
...
Thu, Jun 2 2011, 3:17 PM
The Mortgage Bankers Association has asked the Department of
Housing and Urban Development to permit the use of electronic signatures
(e-signatures)...
Thu, Jun 2 2011, 2:59 PM
Yesterday we witnessed the second stage of a potentially significant shift lower in
home loan borrowing costs. While these developments were encoura...
