Wed, Feb 16 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
92-31 : -0-10
...
Wed, Feb 16 2011, 11:06 AM
The jumbo market is taking baby steps in the right direction. Redwood Trust Inc .
is marketing a $280 million residential mortgage-backed security,...
Wed, Feb 16 2011, 10:27 AM
The Market Composite Index, a measure of
mortgage loan application volume, decreased 9.5 percent on a seasonally
adjusted basis from one week earlie...
Wed, Feb 16 2011, 9:00 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for January 2010....
Wed, Feb 16 2011, 8:18 AM
The benchmark 10-year Treasury note yield rose one basis points to
3.62% on
Tuesday. Treasuries weakened in early overnight trading amid light
v...
Wed, Feb 16 2011, 4:55 PM
Yesterday we shared news that mortgage rates were on a three day
winning streak. This allowed us to update our best execution 30-year fixed mortgage ...
Wed, Feb 16 2011, 4:22 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Feb 16 2011, 2:29 PM
Plain and Simple : The minutes note an improving confidence
level among Board members but Fed officials remain efensive due to
anemic growth pros...
Tue, Feb 15 2011, 12:17 PM
The
nation's homebuilders are still seeing a lot of dark tunnel ahead judging by their
responses in the most recent survey of attitudes about the ho...
Tue, Feb 15 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
93-04 : +0-03
...
Tue, Feb 15 2011, 11:17 AM
MERS is not allowed to transfer mortgages, and cannot act as an agent of the banks that own mortgages?
So ruled a judge in New York, who added that...
Tue, Feb 15 2011, 10:14 AM
U.S. Department of Housing and Urban Development (HUD) Secretary Shaun
Donovan has released HUD's 2012 Fiscal Year budget request.
The late...
Tue, Feb 15 2011, 9:45 AM
The 10yr note yield hit an overnight yield high of 3.66% prior to the
release of
several economic reports this morning. FNCL 4.5's touched 100-19...
Tue, Feb 15 2011, 8:25 AM
The bellwether 10-year Treasury firmed by four basis points to 3.61% on
Monday. Overnight saw a reversal back to 3.65%. Other maturities are
also ...
Tue, Feb 15 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Tue, Feb 15 2011, 1:41 PM
Mortgage rates are on a three day winning streak!
Yes you read
that correctly. After snapping a 5-day losing streak last Wednesday,
loan prici...
Mon, Feb 14 2011, 11:37 AM
Federal
Reserve Governor Sarah Bloom Raskin called out housing finance players in a
speech on Friday, reminding them of the "low road" they traveled...
Mon, Feb 14 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-07 : +0-09
...
Mon, Feb 14 2011, 10:42 AM
The Departments of Housing and Urban Development (HUD) and
Veterans Affairs (VA) have cooperated on another initiative toward their mutual
interest ...
Mon, Feb 14 2011, 10:19 AM
Valentine's Day...Opinions differ as to who was the original
Valentine but the most popular theory is that he was a clergyman who was
executed for...
Mon, Feb 14 2011, 8:36 AM
Coming off a slow week of scheduled data the markets are ready for
activity to pick up in the day's ahead. Monday and Friday each boast
just one F...
Mon, Feb 14 2011, 4:22 PM
We watched defensively last week as mortgage rates teetered on a
ledge. We were searching for an indication that "snowball selling" had
been avoid...
Mon, Feb 14 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Feb 14 2011, 4:12 PM
Since 10:30am, FNCL 4.5's haven't moved more than 2 ticks and continue to operate at or near their highs of the day.
10yr
yields have been simi...
Mon, Feb 14 2011, 3:00 PM
WASHINGTON – As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA
Commissioner David H. Stevens...
Fri, Feb 11 2011, 12:38 PM
If you've been keeping up with housing headlines over the past month
you've probably felt a bit overwhelmed by all the different perspectives
and ...
Fri, Feb 11 2011, 12:37 PM
Word had certainly leaked out about the proposals for Freddie and Fannie that have come out this morning . Reuters broke out a set of options yesterd...
Fri, Feb 11 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
92-30 : +0-18
...
Fri, Feb 11 2011, 10:01 AM
Bond Market May Test Important Targets Today
...
Fri, Feb 11 2011, 8:42 AM
The long-awaited report on the future of housing finance has been released by the Obama Administration.
Below is the presser....
I highlight...
Fri, Feb 11 2011, 8:26 AM
Key Events Today: 8:30 ― The monthly gap in December’s Trade Balance report is
anticipated to grow to $40.5 billion, from $38.3 billion a mont...
Fri, Feb 11 2011, 5:32 PM
Just like sometimes we see profit taking after a
nice rally, sometimes we see profit taking after a sell off.
We're
talking about short sellers....
Fri, Feb 11 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Feb 11 2011, 2:45 PM
A 7-week mortgage rates range was finally broken last Friday. The
directional move that took place afterward was not fence-sitter
friendly. "Best ...
Thu, Feb 10 2011, 11:37 AM
The
House Capital Markets Subcommittee held a hearing on Wednesday on reforming
Fannie Mae and Freddie Mac. Testimony
came from representatives of...
Thu, Feb 10 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Feb 10 2011, 9:55 AM
The latest comp news comes from the National Association of Mortgage
Brokers (NAMB), which, through a call-in campaign, apparently has
spurred on ...
Thu, Feb 10 2011, 9:15 AM
January may
have been the beginning of a new year, but some things never change. America
remains in the throes of a foreclosure epidemic for the fou...
Thu, Feb 10 2011, 8:31 AM
Treasuries have yet to continue yesterday's rally. The 10-Year Treasury, which began the month yielding 3.37%, strengthened by nine basis
points W...
Thu, Feb 10 2011, 5:45 PM
Yesterday was one of those "GOOD NEWS/BAD NEWS" sorta days.
The good news was mortgage rates ended a damaging 5 day losing streak
The bad ne...
Thu, Feb 10 2011, 5:35 PM
Today's MBS price movement shouldn't stress you out. Not Yet. They should make you very defensive, but not stressed. Not yet....
Yes, we ended d...
Thu, Feb 10 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
92-10 : -0-15
...
Thu, Feb 10 2011, 3:22 PM
Reuters has shared a sneak peek at the Obama Administration's GSE Reform White Paper, which is due tomorrow. Here are the headlines that just flashed...
Thu, Feb 10 2011, 2:21 PM
Treasury just sold $24 billion 4.75% coupon bearing 30 year bonds. No headline
observations can be made on this one. It was a pretty average aucti...
Wed, Feb 9 2011, 12:25 PM
Was an
increase in foreclosures an unintended consequence of the passage of bankruptcy
reform? Following the implementation of
bankruptcy abuse re...
Wed, Feb 9 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
92-13 : +0-01
...
Wed, Feb 9 2011, 10:50 AM
Some confusion and conjecturing may end on Friday, when the plan for Freddie and Fannie are presented ...
"U.S.
Treasury Secretary Timothy F. G...
Wed, Feb 9 2011, 10:24 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending February 4th, 2011.
The Refina...
Wed, Feb 9 2011, 9:30 AM
Sellers gained control of the bond market yesterday. This weakened
the strength of supportive roadblocks and allowed benchmark yields to
drift hig...
Wed, Feb 9 2011, 8:23 AM
Key Events Today: 8:30 ― Tim Geithner, U.S. Treasury
secretary, speaks at The Atlantic's town hall event on building the
economy and the futur...