Tue, Apr 5 2011, 9:37 AM
Mark
Twain wrote, "The only difference between a tax man and a taxidermist is
that the taxidermist leaves the skin."
It is "tax time" for many
...
Tue, Apr 5 2011, 8:30 AM
The European debt crisis is back in focus today.
Interest rates are mostly unchanged while equity futures are being
pressured lower this morning ...
Tue, Apr 5 2011, 4:23 PM
Just in case you've missed any of these developments or just needed a refresher, here is the latest on originator compensation reform.
On Friday, ...
Tue, Apr 5 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-20 : -0-19
...
Tue, Apr 5 2011, 4:10 PM
Home loan borrowing costs inched modestly higher today. Best-Execution mortgage rates didn't budge.
As noted on several occasions, the broader bond...
Tue, Apr 5 2011, 2:00 PM
The March edition of the Obama Administration's
Housing Scorecard again remarks on the fragility of the U.S. housing market and
the need to cont...
Tue, Apr 5 2011, 1:25 PM
After coming in the door slightly better than yesterday, bond markets
took a relatively abrupt turn for the worse--one open to a bit of
speculatio...
Mon, Apr 4 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-13 : +0-10
...
Mon, Apr 4 2011, 10:04 AM
The executive who became the first
Risk Manager of the Federal Housing Administration (FHA) will now, at least temporarily
head the agency.
Robe...
Mon, Apr 4 2011, 9:55 AM
Buffalo
Springfield wrote, "There's something happening here, what it is ain't
exactly clear..." But there is one movement that appears to be cleare...
Mon, Apr 4 2011, 8:34 AM
In stark contrast to the week just passed, the week ahead offers no
auction supply and a light schedule of economic data, which leaves
investors t...
Mon, Apr 4 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-03
...
Mon, Apr 4 2011, 3:35 PM
After drifting
progressively higher for seven straight sessions, we've finally seen some
stabilization and even modest improvements in home loan bor...
Mon, Apr 4 2011, 2:14 PM
The House Subcommittee on Capital Markets, Insurance, and
Government-Sponsored Enterprises held the first of what will probably be a
large number of...
Fri, Apr 1 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-27 : -0-03
...
Fri, Apr 1 2011, 10:19 AM
The Bureau of Labor Statistics has released the March 2011 Employment Situation Report .
Nonfarm payroll employment increased by 216,000 in Mar...
Fri, Apr 1 2011, 8:39 AM
HAPPY APRIL FOOL'S DAY!
This is not a cruel joke. From NAMB's website:
"The
US Court of Appeals has granted a stay on Fed's LO Compensatio...
Fri, Apr 1 2011, 8:24 AM
It's a big day for macroeconomic news. The official Employment Situation Report prints at 8:30am eastern.
Treasuries weakened overnight. The bench...
Fri, Apr 1 2011, 4:41 PM
Normal
0
false
false
false
EN-US
X-NONE
X-NONE
...
Fri, Apr 1 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-06
...
Fri, Apr 1 2011, 4:04 PM
Yes,
the earlier commentary was the yearly April Fool's edition. But in the
"truth is stranger than fiction" category, the U.S. Court o...
Fri, Apr 1 2011, 2:35 PM
On the eve of being enacted, in a
surprise move, Senator Dodd called on Congress to rescind the Dodd-Frank
legislation , saying the rules and regul...
Fri, Apr 1 2011, 2:05 PM
At 12:10pm on the MBS Dashboard, we said,
...
Thu, Mar 31 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-01 : -0-06
...
Thu, Mar 31 2011, 10:54 AM
The specter of shadow inventory looming in the background
of the housing crisis may be even worse than anticipated according to data released
Monda...
Thu, Mar 31 2011, 9:53 AM
Here's one succinct note that I received regarding Reg. Z: "I am really sick of this comp crap." Another
wrote, "Next week will be very exciting, a...
Thu, Mar 31 2011, 8:29 AM
Treasuries traded ina quiet overnight environment. The benchmark 10-year note chopped around in a
range between 3.45% and 3.42%, after firming four...
Thu, Mar 31 2011, 4:42 PM
A seven day losing streak was finally put to an end yesterday.... just
in time for a
high-risk event. The official Employment Situation Report w...
Thu, Mar 31 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-32 : -0-07
...
Thu, Mar 31 2011, 3:00 PM
For the second time in less than a week economists have
attempted to quantify the amount of shadow inventory currently lurking in the background of ...
Thu, Mar 31 2011, 1:30 PM
If you've seen a few reprice alerts, had your pricing suspended or
just want to know what's going on because the line on the chart moved in
the wr...
Wed, Mar 30 2011, 11:22 AM
The
Mortgage Bankers Association (MBA) reacted quickly to the publication yesterday
of proposed rules governing Qualified Residential Mortga...
Wed, Mar 30 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-31 : +0-08
...
Wed, Mar 30 2011, 10:47 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending March 25, 2011.
The MBA's ...
Wed, Mar 30 2011, 10:05 AM
The House Republicans who will ultimately have the most
influence on the decision have come out with a plan for reforming the two
government sponsor...
Wed, Mar 30 2011, 9:56 AM
Harkening back to the Prius'
brake recall issue, this bumper sticker was seen: "TOYOTA: Once you drive
one, you'll never stop." Pun aside, I would i...
Wed, Mar 30 2011, 9:01 AM
Wait what? The title is appropriate... you just have to note my sarcasm.
I was trying to think of a way to convey the following: we really hope t...
Wed, Mar 30 2011, 8:53 AM
Rates are holding near yesterday's highs while equities move off
overnight lows in the wake up another positive jobs from report from
Automatic Da...
Wed, Mar 30 2011, 4:55 PM
After SEVEN consecutive days of marginal increases, home loan
borrowing
costs finally stabilized today. This does not necessarily mean that
cost...
Wed, Mar 30 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-15
...
Tue, Mar 29 2011, 12:57 PM
The Office of the Comptroller of the Currency, Treasury, Board of
Governors of the Federal Reserve System, Federal Deposit Insurance
Corporation ...
Tue, Mar 29 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-04 : -0-03
...
Tue, Mar 29 2011, 9:53 AM
How much house is too much house in Michigan? 50 cent is only half of a dollar.
Today the FDIC Board will vote on a credit risk-retention prop...
Tue, Mar 29 2011, 8:51 AM
The U.S. session gets underway with FNCL 4.5's down 3 ticks at
101-22, the 10yr note yield 1.65 bps higher at 3.455, and S&P
futures bid up 3 poin...
Tue, Mar 29 2011, 4:34 PM
Home loan borrowing costs drifted marginally higher for the seventh consecutive session today. The trend is not your friend! HERE is a chart.
...
Tue, Mar 29 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
93-26 : -0-13
...
Tue, Mar 29 2011, 3:30 PM
The January S&P/Case Shiller Home Price Indices , released
by Standard & Poor's this morning, show further deceleration in the growth
rates of ho...
Mon, Mar 28 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-01 : -0-03
...
Mon, Mar 28 2011, 10:54 AM
The National
Association of Realtors'® (NAR) have taken a stab at estimating just how wide and deep the much
discussed " shadow inventory " of hou...
Mon, Mar 28 2011, 10:30 AM
Did
anyone from your county move in 2008? It is not my job to keep track of them -
but someone does. Privacy issues aside, Realtors may find this in...
