Mon, May 23 2011, 9:23 AM
Treasury yields have rallied close to calendar year lows Monday morning as euro zone debt concern weigh on investor sentiment. Fitch Ratings cut its...
Mon, May 23 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : -0-01
...
Mon, May 23 2011, 4:09 PM
Home loan borrowing costs continue to hover near six month lows.
Continued improvements have however been hard to come by since the
recent rally h...
Mon, May 23 2011, 1:51 PM
Federal Housing Finance Agency Acting Director Edward J.
DeMarco told members of Congress last week that increased transparency in mortgage backed se...
Fri, May 20 2011, 12:18 PM
It is easy for originators to focus on daily
rate sheets, mostly determined by what the MBS market is doing. But sometimes
it helps to be reminded t...
Fri, May 20 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-31 : +0-03
...
Fri, May 20 2011, 9:00 AM
Treasuries are strengthening Friday morning on the back of uncertain global markets. The benchmark 10-year yield is at 3.15% in early trading, a firm...
Fri, May 20 2011, 4:52 PM
Home loan borrowing costs improved slightly today but remain well
within the recent range.
CURRENT MARKET : The "Best Execution" conventional 30...
Fri, May 20 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : +0-02
...
Fri, May 20 2011, 1:14 PM
The US housing market may be entering a "third stage" of foreclosures according to the MBA's Chief Economist Jay Brinkman.
The initial fallout from...
Fri, May 20 2011, 1:12 PM
Americans are slightly more upbeat about owning a home and the housing market in general than they were at the end of 2010, according
to the latest ...
Thu, May 19 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
95-24 : -0-05
...
Thu, May 19 2011, 11:22 AM
The National Association of Realtors today released Existing Home Sales data for April 2011 Existing Home Sales report on the number of completed...
Thu, May 19 2011, 10:03 AM
"Rob, I continue
to hear rumors about rumors of large established correspondent investors
possibly questioning their practice of buying closed loan...
Thu, May 19 2011, 8:48 AM
The Huffington
Post reported late yesterday that five of the country's largest mortgage lenders may have defrauded taxpayers by filing false clai...
Thu, May 19 2011, 8:29 AM
Treasuries continue to back up as investors bet on equities making a rebound. The benchmark 10-year Treasury is yielding 3.19% in early trading, vers...
Thu, May 19 2011, 5:23 PM
Although borrowing costs rose today, the newly updated Best-Execution
mortgage rate offering we discussed on Wednesday
remains unchanged. ...
Thu, May 19 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-28 : +0-00
...
Wed, May 18 2011, 11:34 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending May 13, 2011.
The MBA's lo...
Wed, May 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-04 : -0-09
...
Wed, May 18 2011, 10:29 AM
"Rate sheet influential" MBS coupons have fallen to new intraday lows as stocks have risen to new intraday highs.
This is poor timing as many lock...
Wed, May 18 2011, 9:58 AM
A hockey coach once said, "Last year we
couldn't win at home and we were losing on the road. My failure as a coach was
that I couldn't think of anyp...
Wed, May 18 2011, 8:57 AM
Treasuries are trading near fresh calendar year highs this morning. Little data comes out today until the FOMC minutes are released in the mid-afterno...
Wed, May 18 2011, 4:50 PM
Although borrowing costs rose today, the newly updated Best-Execution mortgage rate offering we discussed yesterday remains unchanged. Unfortunat...
Wed, May 18 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-29 : -0-16
...
Wed, May 18 2011, 4:01 PM
The main observation we take away from the FOMC Minutes : UNCERTAINTY OVER THE IMPACT OF RISING ENERGY PRICES
Here is a brief recap of the int...
Wed, May 18 2011, 1:28 PM
One obvious lesson we've all learned from the ongoing mortgage crisis: everyone loses
when consumers are unable to determine if they can afford to
...
Tue, May 17 2011, 12:08 PM
Sometimes you think
things are one way, and they turn out to be different. Just ask Maria Shriver,
who found out about Arnold Schwarzenegger and a l...
Tue, May 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-19 : +0-09
...
Tue, May 17 2011, 9:30 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for April 2011. ...
Tue, May 17 2011, 8:26 AM
Rates are mostly unchanged amid light trading volume as investors await new housing and industrial production figures. Debt concerns in Europe are s...
Tue, May 17 2011, 4:28 PM
The mortgage rate "wall" is beginning to crack.
Unlike previous sessions where borrowing costs didn't rally enough to affect the position of the ...
Tue, May 17 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-13 : +0-04
...
Tue, May 17 2011, 2:10 PM
The New York
Time and the Associated Press are reporting that the New York State
Attorney General, Eric Schneiderman, is quietly investigating t...
Tue, May 17 2011, 1:55 PM
Acting Federal
Housing Finance Agency (FHFA) Director Edward DeMarco addressed the 2011
Federal Home Loan Bank (FHLBank) Directors Conference last w...
Mon, May 16 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-32 : -0-06
...
Mon, May 16 2011, 10:40 AM
Seen on a doc drawer's bulletin board:
"I don't mind coming to work. It's the 8 hour wait until going home
that's killing me."
Here is some new...
Mon, May 16 2011, 9:05 AM
Both fixed income and equity markets are worse off to start the week.
The cause of uncertainty is a strange one - IMF chief Dominique Strauss-Kah...
Mon, May 16 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-10 : +0-05
...
Mon, May 16 2011, 3:49 PM
Mortgage rates failed to improve last week and home loan borrowing costs moved mostly sideways. On Friday we said rates had hit a wall . Today tha...
Mon, May 16 2011, 2:08 PM
The National Association of Homebuilders
(NAHB) reported on Monday that its Housing Market Index (HMI) came in at 16 for the sixth time in seven ...
Mon, May 16 2011, 1:35 PM
It's been a slow session but MBS prices have reversed course and gone green. Recalls and reprices for the better are possible.
Here is a progressi...
Mon, May 16 2011, 1:16 PM
Two lawmakers have introduced
bipartisan legislation that would eliminate Freddie Mac and Fannie Mae while
still keeping a government presence in th...
Fri, May 13 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-06 : +0-09
...
Fri, May 13 2011, 11:04 AM
The Bureau of Labor Statistics released the Consumer Price Index for March 2011 this morning. The Consumer Price Indexes (CPI) program produces mo...
Fri, May 13 2011, 8:29 AM
The Treasury market is mixed this morning as broader sentiment picked up following stronger-than-anticipated Euro area GDP results. The two-year Trea...
Fri, May 13 2011, 4:51 PM
Home loan borrowing costs have hit a wall.
Since reaching the best
levels of the year on Friday of last week, rates have been unable to
improve ...
Fri, May 13 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-05 : +0-08
...
Fri, May 13 2011, 3:40 PM
We have 18 months until the presidential
election, and already things are heating up. The financial community is closely
following Donald Trump's ca...
Thu, May 12 2011, 12:05 PM
Foreclosure activity hit a 40 month low
in April, posting a decline in all types of filings for the seventh straight
month according to data release...
