Wed, Feb 17 2010, 8:27 AM
Wed, Feb 17 2010, 5:56 PM
The newest figures indicate more borrowers are emerging from trial loan modifications and signing permanent loan modification offers. As of the end of...
Wed, Feb 17 2010, 5:13 PM
Wed, Feb 17 2010, 5:04 PM
After making marginal improvements yesterday, the interest rate market gave back all gains in the overnight session. This weakness was then supported ...
Wed, Feb 17 2010, 3:22 PM
Wed, Feb 17 2010, 2:01 PM
The main focus of MBS market watchers is policy maker discussions regarding the timing of asset sales. If the Fed starts to sell their MBS holdings "i...
Wed, Feb 17 2010, 1:42 PM
Economic forecasting can be both art and science. Reviewing accurate data and reading/listening to legitimate commentary can be valuable in preparing...
Wed, Feb 17 2010, 1:16 PM
Tue, Feb 16 2010, 11:35 AM
Tue, Feb 16 2010, 10:26 AM
Mortgage Broker Population Dwindling; Loan Buybacks Create Opporunity; FDIC Rebuttal to OneWest Video; GSE Overlays
Tue, Feb 16 2010, 9:20 AM
Tue, Feb 16 2010, 8:42 AM
Uncertainty remains as to whether Greece will resolve its debt issues, but markets around the globe were mostly higher Tuesday and the euro recovered ...
Tue, Feb 16 2010, 5:42 PM
Tue, Feb 16 2010, 4:38 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be slightly improved from yesterday, which were pretty much the same as Frid...
Tue, Feb 16 2010, 4:21 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today revealed that home builders are more optimistic...
Tue, Feb 16 2010, 3:58 PM
Noting that the Case Shiller/S&P Home Index had risen 3 percent since hitting its low in May of last year, today's report speculated that the increase...
Tue, Feb 16 2010, 3:30 PM
Tue, Feb 16 2010, 1:56 PM
Tue, Feb 16 2010, 1:56 PM
Out of Business Mortgage Insurers; Hedging with TBA MBS; Ideas to Help Create Job Growth; Reasons to Buy a Bank
Fri, Feb 12 2010, 12:10 PM
We have become pioneers regardless if we want to be one or not. We will have to adapt, adjust and expect the unexpected to survive and thrive. Do yo...
Fri, Feb 12 2010, 10:47 AM
Home Builders Preparing for Spring Buying Season; Hope for Mortgage Brokers; Continued GSE Discussion
Fri, Feb 12 2010, 9:05 AM
A three day weekend is ahead. This means traders will be doing position squaring a bit earlier than usual (getting flat) which implies the market coul...
Fri, Feb 12 2010, 8:21 AM
Stock futures are sharply lower this morning after strong gains yesterday. The negative turn is in part due to overseas news as the central bank in Ch...
Fri, Feb 12 2010, 4:33 PM
Because the overall economic environment is cloudy and the Federal Reserve is still quite cautious, investors will remain defensive, which will preven...
Fri, Feb 12 2010, 3:56 PM
After three below average Treasury auctions and a few days of positive progress in stocks, mortgage rates are ending the week slightly higher than whe...
Fri, Feb 12 2010, 2:00 PM
Thu, Feb 11 2010, 12:53 PM
James J. Saccacio, chief executive officer of RealtyTrac said "January foreclosure numbers are exhibiting a pattern very similar to a year ago: a doub...
Thu, Feb 11 2010, 11:58 AM
All this movement in the wrong direction and the S&P is only just beginning to test overhead resistance. Makes you wonder what might happen if stocks ...
Thu, Feb 11 2010, 11:55 AM
How Buyouts Affect Loan Originators; FTC & Loan Modification Companies Set to Battle; Fed Chairman Shares Plan
Thu, Feb 11 2010, 8:51 AM
The RANGE is moderating further progress in stocks at the moment, until a more detailed, CONCRETE, plan is offered from EU officials, risk buyers are ...
Thu, Feb 11 2010, 8:28 AM
Equity markets could open higher this morning as media outlets report that the European Union have agreed to design a financial rescue plan for Greece...
Thu, Feb 11 2010, 5:19 PM
Thu, Feb 11 2010, 5:19 PM
Troubled Banks and Construction Loans; More on the Cose of Loan Repurchases; The Size and Scope of NYC
Thu, Feb 11 2010, 5:10 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be about the same as rates yesterday morning. This puts the par 30 year conv...
Thu, Feb 11 2010, 3:21 PM
Thu, Feb 11 2010, 2:56 PM
The Federal Reserve yesterday released an outline of their plan to remove the financial marketplace from the supportive influences of accomodative mon...
Thu, Feb 11 2010, 1:01 PM
The bond market was clearly not interested in this auction. Rates weakness persists as we are holding outside the comfy confines of the recent range....
Wed, Feb 10 2010, 11:48 AM
Wed, Feb 10 2010, 11:07 AM
Plain and Simple: the Fed is feeling their way through this one step at a time. The plan has been outlined but the marketplace is very sensitive to po...
Wed, Feb 10 2010, 10:53 AM
FHA Appraisal Policy REMINDER; Approve/Ineligibles; How PIIGS impact MBS; ING & YSP
Wed, Feb 10 2010, 9:08 AM
Wed, Feb 10 2010, 8:31 AM
With investors still believing a bailout package will be structured for Greece, global equity markets are trading higher while stock futures at home a...
Wed, Feb 10 2010, 6:14 PM
Wed, Feb 10 2010, 4:59 PM
Mortgage Rates moved higher today.The main event on the day was the second of three US Treasury auctions scheduled for this week. Today's auction offe...
Wed, Feb 10 2010, 3:33 PM
Today's "tape-bomb", or volatile news item, was launched from the frontlines at FHLMC, somewhere in suburban Virginia, as they announced they would bu...
Wed, Feb 10 2010, 2:43 PM
Freddie Mac announced they would purchase $71.2 billion 120+ day in loans. This confirms fears that MBS investors should be expecting an increase in i...
Wed, Feb 10 2010, 2:01 PM
If you’ve worked in the secondary market area or been around someone who manages interest rate risk for a mortgage banker, you may have heard some str...
Wed, Feb 10 2010, 1:46 PM
Reprices for the worse--if you haven't seen them already--are still possible to probable. Try to gauge how much your lender hedged their rates for to...
Wed, Feb 10 2010, 1:02 PM
Tue, Feb 9 2010, 11:22 AM
We have been here before...over the past 6 months when equities showed signs of weakness, I actually put good thought into making a connection between...
