Wed, Jul 13 2011, 3:04 PM
The Chairman of the Federal Reserve today told Congress in his Semiannual Monetary Policy Review
that "Households report
that they have little ...
Tue, Jul 12 2011, 12:03 PM
Six cities have been selected for a
pilot program designed by the Obama Administration to strengthen local
capacity, spark economic growth and ensur...
Tue, Jul 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-30 : -0-02
...
Tue, Jul 12 2011, 11:14 AM
Born in the 1800's in California and
Tennessee, my grandparents are long gone - and I never lived with them. But
over the last 20 years, reports the...
Tue, Jul 12 2011, 8:37 AM
Concerns that Greece could see a "selective default" flattened the Treasury yield curve overnight as investors exchanged short-term paper for intermed...
Tue, Jul 12 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-03 : +0-04
...
Tue, Jul 12 2011, 4:05 PM
The significant reversal in loan pricing that began after Friday's jobs
report is starting to level off. On average, the costs charged by lenders
o...
Tue, Jul 12 2011, 3:43 PM
July delivery Fannie and Freddie 30 year fixed MBS coupon have begun the
settlement process. It will soon seem like MBS prices just plummeted.
...
Mon, Jul 11 2011, 12:22 PM
If the results of Fannie Mae's monthly national consumer survey accurately portray their attitudes, Americans
appear to have increasingly realist...
Mon, Jul 11 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-28 : +0-17
...
Mon, Jul 11 2011, 11:09 AM
Remember when loan
processors were as fast as the workers in clip #2? (The fish are fun to watch
as well.) HowDoesHeDoThat?
As I write this, ...
Mon, Jul 11 2011, 8:57 AM
Market sentiment isn’t looking good as a new week packed with data gets underway. Perhaps the most telling data point is the 10-year Treasury note, wh...
Mon, Jul 11 2011, 5:11 PM
The primary mortgage market has been a roller coaster ride lately. Best Execution* quotes have been all over the place.
Just 10 sessions ago, after...
Mon, Jul 11 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-29 : +0-18
...
Fri, Jul 8 2011, 11:40 AM
The Bureau of Labor Statistics dumped a bucket of ice water on the market this morning when it released the June Employment Situation Report
F...
Fri, Jul 8 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-12 : +0-29
...
Fri, Jul 8 2011, 8:18 AM
Trading is predictably cautious ahead of the monthly employment report from the Bureau of Labor Statistics at 8:30AM, but expectations for the report ...
Fri, Jul 8 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-13 : +0-30
...
Fri, Jul 8 2011, 3:51 PM
Seven days ago mortgage rates were in a precarious position. Home loan borrowing costs had spiked and the lock/float environment was shifting in an un...
Fri, Jul 8 2011, 1:58 PM
Officials of both the Mortgage Bankers
Association (MBA) and the Federal Deposit Insurance Corporation (FDIC) told
Congress Thursday that resolution...
Fri, Jul 8 2011, 1:19 PM
[This is the last day for quite some time that I am away from the computer on a daily basis. This is the last guest writer spot, and I very much appre...
Thu, Jul 7 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-13 : -0-15
...
Thu, Jul 7 2011, 11:04 AM
[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 ...
Thu, Jul 7 2011, 8:13 AM
Treasury yields are backing up and the equity market is climbing just ahead of the ADP private employment report. The benchmark 10-year note yield is...
Thu, Jul 7 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-13 : -0-15
...
Thu, Jul 7 2011, 3:59 PM
Markets fired an early warning shot today, hinting at the high-risk nature
of tomorrow's jobs data. Although the actual note
rate you're being quote...
Thu, Jul 7 2011, 2:30 PM
The Department of Housing and Urban
Development (HUD) has modified the existing policies related to two of its assistance programs to give unemployed...
Wed, Jul 6 2011, 11:23 AM
The Mortgage
Bankers Association (MBA) today released its Weekly Mortgage Applications
Survey* for the week ending July 1, 2011.
The gist of toda...
Wed, Jul 6 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-00 : +0-03
...
Wed, Jul 6 2011, 8:38 AM
Risk aversion is the trend in early trading after China unexpectedly raised interest rates to combat inflation and Moody's dropped Portugal's cr...
Wed, Jul 6 2011, 4:41 PM
Last week, as reported here the new
Consumer Financial Protection Bureau (CFPB) released a second version of
prototype documents designed to int...
Wed, Jul 6 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-29 : -0-01
...
Wed, Jul 6 2011, 3:20 PM
Today brought a second day of mild recovery for mortgage rates.
Last week, the Current Market Best-Execution mortgage rate rose
somewhat abruptl...
Wed, Jul 6 2011, 1:24 PM
What is Fibonacci retracement? Where do the ratios come from? Why do they matter?
FROM : Investopedia FAQs
Fibonacci retracement is a very ...
Tue, Jul 5 2011, 12:46 PM
The June edition of the Obama Administration's
Housing Scorecard released on Friday showed that housing prices turned slightly
upward while mortgage...
Tue, Jul 5 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-28 : +0-13
...
Tue, Jul 5 2011, 10:28 AM
[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 ...
Tue, Jul 5 2011, 9:01 AM
Most folks would scoff at us if we said mortgages gave a strong
performance last week. It doesn't seem possible when the Fannie Mae 4.0
MBS coupon...
Tue, Jul 5 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-26 : +0-12
...
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...
