Fri, Sep 16 2011, 2:51 PM
After a rough morning, the secondary mortgage market recovered enough to claw
back nearly to yesterday's levels. That
leaves borrowing costs requi...
Fri, Sep 16 2011, 2:03 PM
David
H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) told a
Senate hearing this week that MBA's
members are concerned ab...
Thu, Sep 15 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Sep 15 2011, 10:57 AM
Welcome to
National Hispanic Heritage Month, which started with a week-long tribute in
1968 under President Lyndon Johnson, but was expanded in 1988...
Thu, Sep 15 2011, 9:30 AM
Foreclosure filings spiked during August, driven by a large increase in early-stage filings according to the U.S. Foreclosure Market Report released b...
Thu, Sep 15 2011, 8:24 AM
European equity markets are up more than 2% and leading U.S futures higher as the market awaits five key data points this morning.
The 10-year Trea...
Thu, Sep 15 2011, 4:40 PM
The borrowing costs required for average Mortgage
Rates rose today, in some cases high enough to nudge the actual interest
rate an eighth of a poi...
Thu, Sep 15 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Sep 15 2011, 3:56 PM
Fannie Mae has released the results of
its new Servicer Total Achievement and Rewards (STAR) program for the first
half of 2011. STAR, which was...
Thu, Sep 15 2011, 1:36 PM
To provide some background for the charts we're about to see, here's what we wrote this morning: "The 9am spike we can obviously attribute to the Euro...
Wed, Sep 14 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Wed, Sep 14 2011, 10:57 AM
"A
clever person solves a problem. A wise person avoids it." But at this
point, most believe that it is too late to avoid the problems in the mortga...
Wed, Sep 14 2011, 10:17 AM
Mortgage applications jumped 6.3 percent on a
seasonally adjusted basis during the holiday-shortened week ended September 9
according to data relea...
Wed, Sep 14 2011, 8:35 AM
Treasury yields are backing up and equity futures are looking to open higher despite two downgrades on French banks from Moody's and warnings from Chi...
Wed, Sep 14 2011, 4:52 PM
We talk about MBS having a tendency to lose ground at a gentler pace than Treasuries when bond markets in general are weakening. This "spread tighten...
Wed, Sep 14 2011, 4:26 PM
Although BestExecution Mortgage
Rates didn't improve today, there were generally some very slight improvements in the costs involved in obtainin...
Wed, Sep 14 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Sep 14 2011, 3:46 PM
Last month the Federal Housing Finance Agency (FHFA) asked
for input on a plan it is considering to augment the Real Estate-Owned (REO) disposition...
Tue, Sep 13 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Sep 13 2011, 10:34 AM
Even dumpsters can be turned into homes - but
what about the comps? Is There Room For The Rat?
Rates are great, but no experienced loan
...
Tue, Sep 13 2011, 10:09 AM
The "Stock Lever" is one of those concepts we reference fairly regularly here, but have you ever wondered how relevant it actually is? Could it be th...
Tue, Sep 13 2011, 8:15 AM
Wild swings continue to be the norm in the market as the European debt crisis remains central to how investors trade.
The 10-year Treasury yield ...
Tue, Sep 13 2011, 4:24 PM
Today's post might as well be yesterday's.
Precious few differences exist
between today and yesterday in the world of Mortgage Rates .
Whereas...
Tue, Sep 13 2011, 4:22 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Sep 12 2011, 11:34 AM
Don't
forget that we're one week away from "Talk Like a Pirate Day." Of
course, to err is human; to arr is pirate.
The next
time you're thinking...
Mon, Sep 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Mon, Sep 12 2011, 8:42 AM
Markets are nearly certain that Greece will default on its debt after a weekend meeting of financial ministers in Marseille, France, failed to produ...
Mon, Sep 12 2011, 4:54 PM
Apart from the mid-day drama surrounding rumors that China was set to buy Italian Bonds, and to a a lesser-extent, Dallas Fed Pres Fisher's reference ...
Mon, Sep 12 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Sep 12 2011, 4:12 PM
Yet another fairly uneventful day
has come and gone in the world of Mortgage Rates . For the most part, things were somewhere
between "unchanged" ...
Mon, Sep 12 2011, 1:54 PM
Four out of five of the major groups that invest in
commercial/multifamily mortgages saw delinquency rates fall during the second
quarter of 201...
Fri, Sep 9 2011, 12:22 PM
The House
Subcommittee on Capital Markets and Government Sponsored Enterprises took its
microphones to New York City on Wednesday for a field hearin...
Fri, Sep 9 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Sep 9 2011, 10:05 AM
[ I am away from the
computer on a daily basis, and will not be returning e-mails until September
10th. In my place are daily commentaries from a se...
Fri, Sep 9 2011, 8:32 AM
President Obama's jobs speech failed to have an immediate upside in the stock markets, but it's too early to say whether the response signals disapp...
Fri, Sep 9 2011, 4:19 PM
Just a few long term charts here to see you off into the weekend. It's always fun to look at the long term charts on record setting days, right? I k...
Fri, Sep 9 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Sep 9 2011, 3:05 PM
FHFA Director Edward Demarco is the who the mortgage world has been waiting to hear from regarding recent talk of a government-led initiative to expan...
Fri, Sep 9 2011, 2:18 PM
The
non-partisan Congressional Budget Office (CBO) just released a working paper
entitled An Evaluation of Large-Scale Mortgage
Refinancing Pro...
Fri, Sep 9 2011, 1:57 PM
Yet again, Mortgage Rates improved today. But the improvements
were fairly minor, just as they have been in general despite a healthier rally
in ...
Thu, Sep 8 2011, 11:21 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Sep 8 2011, 10:06 AM
Fannie Mae's National Housing Survey for
August indicates that Americans are growing more pessimistic about the economy,
home prices and their own...
Thu, Sep 8 2011, 9:56 AM
Today's contribution comes from...
Don Brown Co-President Secondary Interactive dbrown(at)secondaryinteractive.com www.secondaryinteractive.com
...
Thu, Sep 8 2011, 8:29 AM
Markets are circumspect in early trading as traders await new data, a speech from Fed chairman Ben Bernanke, and details from President Obama's job pl...
Thu, Sep 8 2011, 5:10 PM
After a fairly
uneventful day yesterday, Mortgage
Rates improved today. In some cases
BestExecution rates may be lower, but in most cases, the...
Thu, Sep 8 2011, 4:21 PM
MBSonMND : MBS RECAP
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FNMA 3.5
101-22 : +0-10
...
Thu, Sep 8 2011, 3:59 PM
Treasuries are clearly trending lower and MBS clearly are
not. Even since hitting the low 2's
after the initial rapid moves lower in yield during e...
Wed, Sep 7 2011, 11:27 AM
[I am away from the computer on a daily
basis, and I cannot respond to e-mails until September 11th. In my place are
daily commentaries from a serie...
Wed, Sep 7 2011, 11:20 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
101-14 : -0-08
...
Wed, Sep 7 2011, 11:12 AM
The
Federal Home Financing Agency (FHFA), apparently stung by the coverage of its lawsuits
it against 17 banks and a number of their executive offic...
