Mon, Mar 28 2011, 9:19 AM
The week begins with rate sheet influential MBS coupons below key
support and the 10-year note trading in a bearish trend channel after
key suppor...
Mon, Mar 28 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-02
...
Mon, Mar 28 2011, 4:17 PM
After hitting 2011 lows on a steady "flight to safety", home loan
borrowing costs have drifted incrementally higher in six of the last six
trading...
Mon, Mar 28 2011, 2:41 PM
The
National Association of Realtors® (NAR) released its February Pending Home
Sales Index (PHSI) Monday. The index is a leading indicator for the...
Mon, Mar 28 2011, 2:02 PM
Reform
of the nation's housing system is picking up steam, with one
regulatory agency set to vote on risk retention exemptions on Tuesday, multi...
Fri, Mar 25 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
94-11 : +0-01
...
Fri, Mar 25 2011, 10:22 AM
According to a story in the Financial
Times , "The five biggest US mortgage servicers were told this week
at a private meeting with regulators ...
Fri, Mar 25 2011, 8:30 AM
Equities rose and Treasuries backed up yesterday despite a backdrop of
weak housing data, poor durable goods orders, the likelihood of another
Eur...
Fri, Mar 25 2011, 5:52 PM
Home loan borrowing costs moved incrementally higher this week. There is reason to be concerned about this directional drift....
Although today's ...
Fri, Mar 25 2011, 5:36 PM
"DURATION DRIFT IN THE NEW YEAR"
That was the first thing I posted on my FB page as the clock ticked past midnight on 1.1.11.
What it means is...
Fri, Mar 25 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Mar 24 2011, 11:37 AM
Effective
April 1, servicers managing Freddie Mac loans will no longer be allowed to
foreclose on properties in the name of Mortgage
Electronic Reg...
Thu, Mar 24 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-17 : -0-07
...
Thu, Mar 24 2011, 10:44 AM
After testing 3.40% earlier this morning, we think now is the perfect time to remind readers of the pending
shift in the bond market's directional b...
Thu, Mar 24 2011, 9:46 AM
Six Federal agencies have to sign
off on the QRM provisions, and apparently the first will be early next week. Early
next week the FDIC opines on, "...
Thu, Mar 24 2011, 8:30 AM
Treasuries traded from a defensive position overnight amid slightly
above average volume. The benchmark 10-year note moved in a range of
between 3...
Thu, Mar 24 2011, 5:46 PM
From where you sit
there appears to be little volatility in mortgage rates. Today was the FIFTH
consecutive session where loan pricing either rem...
Thu, Mar 24 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-09 : -0-15
...
Thu, Mar 24 2011, 3:37 PM
The country is on the verge of a
double-dip in housing prices according to new survey from MacroMarkets
LLC. The financial technology company
aske...
Wed, Mar 23 2011, 11:34 AM
What am I
hearing out there? I am hearing, not officially, that wholesale reps are having
trouble drumming up business from brokers. Production esti...
Wed, Mar 23 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Mar 23 2011, 10:10 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending March 18, 2011.
The MBA's l...
Wed, Mar 23 2011, 9:12 AM
Bonds benefited from a modest flight to safety bid in relatively light
overnight trading flows. The 10-year Treasury traded within a range of
3.33...
Wed, Mar 23 2011, 7:30 PM
After looking like they might improve this morning, home loan
borrowing costs ended the day unchanged, making today the FIFTH
consecutive session w...
Wed, Mar 23 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-20 : -0-09
...
Wed, Mar 23 2011, 3:05 PM
The debate over what counts as a
"Qualified Residential Mortgage (QRM)" may be coming to an end in the
near future. The Federal Deposit Insurance ...
Wed, Mar 23 2011, 2:06 PM
he Census Bureau and Department of Housing and Urban Development have released New Residential Sales data for February 2011. Here is a Quick Re...
Tue, Mar 22 2011, 11:51 AM
On March 11th we wrote, "Lots of headlines to digest lately. What
region is the market focused on again? North Africa, the Middle East,
Spain, Por...
Tue, Mar 22 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-30 : -0-02
...
Tue, Mar 22 2011, 9:49 AM
The U.S. Treasury announced that it will
begin an "orderly wind down" of its $142 billion MBS portfolio over
about 1 year by selling roughly $10 bil...
Tue, Mar 22 2011, 8:48 AM
Despite persistent turmoil in the Middle-East and Northern Africa,
global markets appear stable Tuesday morning as external power has been
reconne...
Tue, Mar 22 2011, 4:51 PM
Home loan borrowing costs moved slightly higher today. This is the
fourth consecutive session where loan pricing has worsened by a thin
margin. Be...
Tue, Mar 22 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-28 : -0-03
...
Tue, Mar 22 2011, 2:03 PM
Headline news and crisis scenarios have been the market's primary directional motivation for most of March.
With
exception to the Fed's procl...
Mon, Mar 21 2011, 12:45 PM
Today, the U.S. Department of the Treasury announced
that it will begin the orderly wind down of its remaining portfolio of
$142 billion in ag...
Mon, Mar 21 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-27 : -0-15
...
Mon, Mar 21 2011, 10:47 AM
Last Thursday, while on a tour of the Chicago Mercantile Exchange, my
son and I met and chatted with Rick Santelli, who many know as CNBC's
financ...
Mon, Mar 21 2011, 9:07 AM
While mostly overlooking a dense economic calendar last week, investors
were forced to base their trading behavior on breaking news headlines
and ...
Mon, Mar 21 2011, 5:23 PM
Home loan borrowing costs got slightly more expensive today. Best-execution mortgage rates were unchanged.
News today that Treasury would begin s...
Mon, Mar 21 2011, 4:38 PM
Freddie Mac is now publishing YouTube videos to share information with the
public about foreclosure myths and scams.
In each video a
housing c...
Mon, Mar 21 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-31 : -0-12
...
Mon, Mar 21 2011, 2:32 PM
The National Association of Realtors today released Existing Home Sales data for February 2011 Existing Home Sales report on the number of comple...
Fri, Mar 18 2011, 12:44 PM
Calling
the document "unprecedented in its scope and prescriptiveness," the Securities
Industry and Financial Markets Association (SIFMA) has
crit...
Fri, Mar 18 2011, 11:34 AM
At a
press conference on Friday morning the Department of Housing and Urban
Development (HUD) announced 17 planning grants under HUDs new Choice ...
Fri, Mar 18 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-08 : -0-03
...
Fri, Mar 18 2011, 10:13 AM
What does Chase think
about a U.S. proposal to exempt certain mortgages from rules governing
securitized loans? That it may unintentionally help t...
Fri, Mar 18 2011, 8:45 AM
An agreement among the G7 group of finance ministers and central
bankers to intervene against the rising yen helped calm global markets
last night...
Fri, Mar 18 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-11 : -0-01
...
Fri, Mar 18 2011, 4:07 PM
Mortgage rates got slightly more expensive today. Best-execution rates were unchanged.
It was a quiet session overall. Little movement was seen in ...
Thu, Mar 17 2011, 12:01 PM
Elizabeth Warren, Special Advisor to the Secretary of the
Treasury for the Consumer Financial Protection Bureau (CFPB), told a House subcommittee yes...
