Thu, Jan 20 2011, 12:48 PM
A counterparty is a company that agrees to perform a transaction or service with or for another company. Counterparty risk is the fallout that would ...
Thu, Jan 20 2011, 11:37 AM
HUD has announced $1.4 billion in grants for homelessness programs in all 50 states. The grants, destined for over 6700 programs, are are all continu...
Thu, Jan 20 2011, 11:23 AM
Calling reprices gets a little tricky here as some lenders were a little slow to price this AM while others published at their usal time. The earlier ...
Thu, Jan 20 2011, 11:18 AM
With only 26 minutes having passed since the data that threatened to push bonds out of their recent range, we're still in the "so far so good" stages ...
Thu, Jan 20 2011, 10:59 AM
Realtor Influenced Settlement Costs; The Future of Fannie and Freddie; New Mortagee Letters; Wells Fargo Q4 Loan Production
Thu, Jan 20 2011, 9:19 AM
This week's data is more important than usual because it covers claims in the week ending January 15th...which includes the 12th day of the month. Why...
Thu, Jan 20 2011, 8:28 AM
Wednesday’s stock sell-off has been extended. Equity futures are pointing to a lower open this morning after the S&P 500 shed 1% yesterday, a result o...
Thu, Jan 20 2011, 5:18 PM
After worsening sharply on Tuesday, mortgage rates didn't move much yesterday. But better than expected economic data this morning and a weak Treasur...
Thu, Jan 20 2011, 4:19 PM
The volume spike following the tips auction was immense. 1pm - 130pm was the highest volume of any 30 minute period today. 10yr contracts approached t...
Thu, Jan 20 2011, 2:17 PM
Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of...
Thu, Jan 20 2011, 1:56 PM
If you have not yet seen reprices for the worse, they're likely on the way after an unexpectedly weak 10yr TIPS auction jolted "rate sheet influential...
Wed, Jan 19 2011, 11:34 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for December 2010.
Wed, Jan 19 2011, 11:29 AM
FDIC Chairman Sheila Barr addressed a summit on mortgage servicing and called for strengthening the oversight of servicers and changes to their incent...
Wed, Jan 19 2011, 11:15 AM
A recap of MBS microposts and featured comments on the MBSonMND live discussion chat board.
Wed, Jan 19 2011, 11:12 AM
The Federal Reserve is alerting consumers about new forms lenders may be required to provide that explain credit scoring and how it impacted their loa...
Wed, Jan 19 2011, 10:30 AM
"Mortgage rates have moved somewhat lower since the beginning of the year, as mixed data on the job market continue to cloud the outlook for the econo...
Wed, Jan 19 2011, 9:57 AM
Freddie Mac Eliminates Streamline Refi Product; Wells Fargo & U.S. Bank Earnings Recap; Plan B for 2011; Lender Bulletins
Wed, Jan 19 2011, 8:19 AM
Investors are keeping both stock and bond markets flat as we await Q4 earnings from Goldman Sachs, State Street, U.S. Bank, and Wells Fargo. On top of...
Wed, Jan 19 2011, 4:17 PM
Stocks, bonds, and MBS continue to drift sideways in after hours trading at 1280 in the S&P 3.337 in the 10yr, and 102-14 in FNCL 4.5's. Any lenders w...
Wed, Jan 19 2011, 3:19 PM
If you're floating a loan, "best execution" mortgage rates didn't change today....but closing costs rose ever so slightly. I might even be reaching wh...
Wed, Jan 19 2011, 1:29 PM
MBS and TSYs are near their best levels of the day and reprices for the better have been widely reported. The stock lever can be cited as a source of ...
Tue, Jan 18 2011, 12:49 PM
"As we emerge from the traditionally slow holiday season, builders continue to look for signs of improvement in the economy, home buyer demand and bui...
Tue, Jan 18 2011, 11:20 AM
After failing to confirm a breakout from the recent range, benchmark 10-year yields have spiked higher in an aggressive manner. This illustrates the r...
Tue, Jan 18 2011, 10:38 AM
After failing to confirm a break of the broader 3.27 to 3.56% range, benchmark 10 year TSY yields shot 13bps higher in an aggressive manner this morni...
Tue, Jan 18 2011, 10:30 AM
Quality Control Review Requirements; JPM Chase Mortgage Banking Earnings; Safe Act Reminder; Loan Officer Comp. Conference Call; Lender Updates
Tue, Jan 18 2011, 9:20 AM
The Association of Mortgage Investors, in a White Paper published Wednesday, is asking the 50 state Attorneys General to take a look at loan servicing...
Tue, Jan 18 2011, 8:56 AM
The week ahead is relatively quiet on new data, the housing market will however be in focus with three new reports set to print. Investors will be wat...
Tue, Jan 18 2011, 6:04 PM
As long as this range prevails, it's lowest yield levels continue to be ideal lock suggestions, while it's weaker levels are entry points better suite...
Tue, Jan 18 2011, 4:31 PM
The "best execution" conventional 30 year fixed mortgage rate has risen back to 4.875% today. Lenders are still offering 4.75% but the upfront permane...
Tue, Jan 18 2011, 4:20 PM
A recap of MND microposts and featured comments from MBSonMND's live market discussion .
Tue, Jan 18 2011, 2:36 PM
The Federal Housing Finance Agency (FHFA) announced Tuesday that it has instructed Fannie Mae and Freddie Mac to study possible alternatives to the cu...
Fri, Jan 14 2011, 12:34 PM
Researchers have found that policies which encourage the availability of affordable housing, either through building or rehabbing units or through ass...
Fri, Jan 14 2011, 12:04 PM
New LLPA's Implemented by Lenders; Flagstar Jumbo Product Offering; JPM Chase Earnings; Plethora of Investor Bulletins
Fri, Jan 14 2011, 11:17 AM
Following the 9:55am consumer sentiment report, MBS FNCL 4.5's are holding near highs at 102-25 while benchmark 10's continue to grind into their own ...
Fri, Jan 14 2011, 9:00 AM
The great margin squeeze of 2011 is coming for consumers and producers.
Fri, Jan 14 2011, 8:22 AM
On this Friday before a long holiday weekend, both interest rate prices and equity futures are trading lower on news that China will lift bank reserve...
Fri, Jan 14 2011, 5:36 PM
So many things about the bond market are suggesting it has no pulse at the moment. But in an extreme paradox, this is perhaps the most exciting thing...
Fri, Jan 14 2011, 4:30 PM
In the world of mortgage rates there are varying degrees of opportunity, all of which are dependent on your wants and needs. The last time mortgage ra...
Fri, Jan 14 2011, 4:17 PM
The STEADINESS and calm, methodical march higher in yield this afternoon is unnerving. No short/medium/long term technicals are shifting, and volume i...
Fri, Jan 14 2011, 2:03 PM
Unfortunately the defensive nature we expected to see heading into this rates rally is becoming more obvious as we inch closer to the long weekend ahe...
Thu, Jan 13 2011, 11:39 AM
He who adapts to new market conditions will survive and thrive. Those that don’t will die. 2011 may be another year of Mortgage Darwinism.
Thu, Jan 13 2011, 11:21 AM
Liquidity is thin and price volatility has picked up this morning after yesterday's well-attended 10yr TSY note auction. There are all sorts of factor...
Thu, Jan 13 2011, 10:40 AM
Liquidity is thin and price volatility has picked up this morning after yesterday's well-attended 10yr TSY note auction. There are all sorts of facto...
Thu, Jan 13 2011, 9:46 AM
Income Verification Verbiage from Dodd-Frank Bill; Ginnie Mae Net Worth Requirements; Feedback on Reverse Mortgages; MBIA Downgraded
Thu, Jan 13 2011, 9:21 AM
A record number of properties, close to 3 million, were the subject of foreclosure filings in 2010 according to figures released on Thursday by Realty...
Thu, Jan 13 2011, 8:22 AM
Benchmark interest rates are largely unchanged as are equity futures this morning ahead of a rush of data and events.
Thu, Jan 13 2011, 4:17 PM
As expected, considerations surrounding auctions have dominated momentum this week. Friday will now take it's turn with the final say. It's unlikely t...
Thu, Jan 13 2011, 2:21 PM
It's been a good week so far, with an acceptable amount of validation of the post-NFP range. If pre-NFP weakness isn't retraced tomorrow, it's anothe...
Wed, Jan 12 2011, 12:59 PM
The Mortgage Bankers Association has filed suit against the Department of Labor seeking a reversal of an administrative ruling that mortgage loan offi...
Wed, Jan 12 2011, 12:26 PM
With about an hour left before the auction, and with most of the recent movement in treasuries adhering rigidly to a defined technical framework, let'...
