Tue, Jan 19 2010, 8:33 AM
Equities are mixed around the globe but clearly downward in the US. Following a 3-day weekend, one hour before the opening bell, Dow futures are off ...
Tue, Jan 19 2010, 6:32 PM
Tue, Jan 19 2010, 3:41 PM
Tue, Jan 19 2010, 2:06 PM
As I’ve watched the news on Haiti, I was trying to bring some perspective into the recent economic damage we all experienced from the mortgage meltdow...
Tue, Jan 19 2010, 2:00 PM
Tue, Jan 19 2010, 1:54 PM
Originator Commission Splits and Salaries; Subprime Loan Delinquencies; Acquiring a Bank; Revenue Leakage
Tue, Jan 19 2010, 1:10 PM
Builder confidence in the market for newly built, single-family homes declined one point to 15 in January on continuing concerns about the poor job ma...
Fri, Jan 15 2010, 11:37 AM
you should have your best rate sheets of the year this morning. Besides the fact that lenders are desperate for loan production, "rate sheet influent...
Fri, Jan 15 2010, 9:42 AM
There is much confusion surrounding the guarantee status of the Fannie Mae and Freddie Mac. We clear up any misconceptions and call attention to obse...
Fri, Jan 15 2010, 9:42 AM
JPMorgan Chase Earnings; Nationwide Mortgage Licensing System Comments; GMAC Declining Markets Update
Fri, Jan 15 2010, 9:34 AM
Fixed rates were lower for the second week in a row while adjustable rates were mixed according to Freddie Mac's weekly Primary Mortgage Market Survey...
Fri, Jan 15 2010, 8:47 AM
Inflation data has been released. It was "on the screws". thus permitting an extension of positive rates progress. The recent range has been broken, w...
Fri, Jan 15 2010, 8:17 AM
Just over an hour before the opening bell, Dow futures are down 40 points to 10,623, nearly erasing the 29-point gain seen yesterday, while S&P 500 Fu...
Fri, Jan 15 2010, 5:35 PM
WE GOT THOSE MORTGAGE RATE IMPROVEMENTS WE WERE EXPECTING YESTERDAY! Reports from fellow mortgage professionals indicate lender rate sheets to be at t...
Fri, Jan 15 2010, 5:13 PM
Fri, Jan 15 2010, 4:11 PM
If you are mortgage banker or broker that survived the last several years, you’re probably feeling pretty good after 2009. Last year will stand out a...
Fri, Jan 15 2010, 4:01 PM
The Treasury Department reported Friday that 66,500 of the 902,620 homeowners who had started the trial modification period for its Home Affordable Mo...
Fri, Jan 15 2010, 2:08 PM
Fri, Jan 15 2010, 1:39 PM
I have a bone to pick with the folks who say this will slow down bank lending. I have an even bigger bone to pick with the folks who say this will slo...
Thu, Jan 14 2010, 11:47 AM
One in every 45 homes in the U.S. received some type of foreclosure filing during the year just ended, a situation that would have been even worse wit...
Thu, Jan 14 2010, 11:17 AM
Thu, Jan 14 2010, 10:56 AM
RESPA and GFE Confusion; Nationwide Mortgage Licensing System; News from MetLife & Flagstar
Thu, Jan 14 2010, 8:34 AM
Rate sheet rebate and the "relief rally" suffered a setback yesterday afternoon following a marginally above average 10 year note auction yesterday. T...
Thu, Jan 14 2010, 8:17 AM
Investors are mildly optimistic ahead of the retail sales report, the week’s most important data. A little over an hour before the opening bell future...
Thu, Jan 14 2010, 5:23 PM
Thu, Jan 14 2010, 4:48 PM
The final Treasury auction for the week was held at 1:00pm eastern today. The Department of Treasury offered $13 billion of 30 year bonds. The resu...
Thu, Jan 14 2010, 3:35 PM
After a successful long bond auction and positive knee jerk price reaction, the rates market has failed to extend relief rally progress into a new ran...
Thu, Jan 14 2010, 3:20 PM
As a top producing loan officer, I would want to work for a company that had this type of reward system in place that would help me generate higher co...
Thu, Jan 14 2010, 1:46 PM
Thu, Jan 14 2010, 1:20 PM
Last night New York Federal Reserve Bank President Bill Dudley appeared on the PBS Nightly Business Report. He made several comments that need to be c...
Thu, Jan 14 2010, 1:00 PM
The last auction shoe has dropped. The auction stopped through impressively, and the recent roll in MBS is but a faded memory destined to be crushed ...
Wed, Jan 13 2010, 11:37 AM
The Treasury is set to re-open the November 2019 issue 3.375% coupon bearing 10 year TSY note. $21 billion more will be offered. The results of the au...
Wed, Jan 13 2010, 11:26 AM
Fitch Ratings warned today that $47 billion in Prime and Alt-A interest only loans will convert to amortizing loans during the current year with some ...
Wed, Jan 13 2010, 10:14 AM
2010 Loan Production Estimates; TARP Penalties; Updates from SunTrust, Wells, Guild, USB; HUD's List of Companies Under Investigation
Wed, Jan 13 2010, 8:37 AM
Yesterday' s 3 year note auction was about average...woohooo. If you didnt pick up on the sarcasm, I was being sarcastic. This is because 3 year notes...
Wed, Jan 13 2010, 8:29 AM
Mortgage applications increased 14.3 percent on a seasonally adjusted basis. The Refinance Index increased 21.8 percent from last week's holiday adju...
Wed, Jan 13 2010, 8:10 AM
Equities are pretty quiet overseas and the futures market at home is correspondingly dull.
No major data is being released this morning, giving inv...
Wed, Jan 13 2010, 5:37 PM
Wed, Jan 13 2010, 4:29 PM
Mortgage Rates improved yesterday afternoon into this morning, however these gains were lost after the 10 year Treasury auction today. While positive ...
Wed, Jan 13 2010, 3:45 PM
Wed, Jan 13 2010, 3:24 PM
Most mortgage bankers don’t want to talk about or deal with investor loan repurchase requests, but they are not going to miraculously disappear throug...
Wed, Jan 13 2010, 2:04 PM
Wed, Jan 13 2010, 1:03 PM
MBS prices are falling after the auction...LENDERS MAY REPRICE FOR THE WORSE
Tue, Jan 12 2010, 12:50 PM
So far today yesterday's modest improvements have extended over into today, however instead of being "modest", the gains have been substantial! This ...
Tue, Jan 12 2010, 10:43 AM
Tue, Jan 12 2010, 10:28 AM
Oregon's SAFE Act; VA Loan Limits; USDA Primer; Fed Stats;
Tue, Jan 12 2010, 8:34 AM
I am taking profits ahead of the looming auction cycle...we still have $74billion in TSY notes to be auctioned. I am however feeling like my strategy...
Tue, Jan 12 2010, 7:58 AM
The Q4 earnings session began on the wrong foot after the closing bell yesterday as Alcoa reported a worse than anticipated loss of $277 million. This...
Tue, Jan 12 2010, 5:26 PM
Tue, Jan 12 2010, 4:28 PM
The companies were among a number of direct endorsement companies HUD and OIG are scrutinizing because of a significant number of claims, a certain le...
