Tue, Jul 20 2010, 6:31 PM
After a huge improvement in May, multi-family housing starts led the overall starts number lower with a 26,000 unit decline. Single-family starts fell...
Mon, Jul 19 2010, 4:15 PM
After several days of behaving as if no other market existed, mortgage rates finally snapped back to reality today. Total consumer borrowing costs mov...
Tue, Jul 13 2010, 10:23 AM
HARP Subordination Scenario; Jumbo Loan Foreclosure Numbers; Rates Low But Fewer Qualified Borrowers; International Homebuyers
Thu, Jul 1 2010, 5:38 PM
The par 30 year conventional rate mortgage remains in the 4.375% to 4.625% range for well qualified consumers but borrowing costs were slightly higher...
Wed, Jun 30 2010, 8:55 AM
Homebuyer Tax Credit Fraud; Reasons for 203(K) Loans; SAFE Act and NMLS Registry; Mortgage Jobs; Another Refi Boom Coming?
Mon, Jun 28 2010, 5:00 PM
Just like last week, the economic calendar in the week ahead is not jammed packed but it does contain a couple of influential data points. The most im...
Thu, Jun 24 2010, 12:02 PM
House Passes Flood Insurance Extension; Servicer Short Sale Timeline Rankings; MERS & Fannie, Waiting Period Update
Wed, Jun 23 2010, 10:53 AM
HVCC Future in Doubt? FHA Getting Ahead of Defaults; CRA Changes; Reverse Mortgage Issues; MGIC Update
Thu, Jun 17 2010, 10:31 AM
HAMP Redefault Rate; Underwriters on Watch for Rent Buyback and Short Sale Schemes; TBW CEO Fraud Case; MBS Volume
Wed, Jun 16 2010, 11:27 AM
Signs of Life in the Non-Agency Mortgage Market; Housing Supply Shortage?; HUD's Final Rule; Fannie & Freddie Delisted; Apps Rise
Wed, Jun 16 2010, 8:31 AM
Good Morning. 830am data has been released. Housing Starts were much worse than expected as were Building Permits. The yield curve is flatter and the ...
Wed, Jun 16 2010, 8:21 AM
After a steady rally pushed the stock market up more than 2% yesterday, investors are nervous about extending those gains today. Concerns from Europe ...
Wed, Jun 16 2010, 7:58 PM
Here is the good news: ONLY A FEW LENDERS REPRICED FOR THE WORSE! Here is the bad news: THIS PUTS LENDERS ON THE DEFENSIVE. Unless stocks are red hot...
Wed, Jun 16 2010, 1:47 PM
Following the expiration of the homebuyer tax credit, building permits are at a one-year low and single-family Housing Starts saw their largest month ...
Tue, Jun 15 2010, 11:00 AM
Monoline Insurer Primer; SIFMA Study for Risk Hedgers; Fannie Mae Servicer Reimbursements; Flood Insurance Reminder From GMAC; BoA Bulletin
Tue, Jun 15 2010, 8:28 AM
Equity futures are once again indicated higher this morning. The question is whether stocks will maintain momentum throughout the day, or fizzle out j...
Mon, Jun 14 2010, 8:58 AM
Originator Identification Requirements; Mortgage Fraud Report; Flood Insurance Saga; Condo Guidance; FHA Annual Premiums
Mon, Jun 14 2010, 8:26 AM
Housing Starts ― or new construction of single-family homes ― are anticipated to fall in May after building permits contracted 11.5%. In April, the an...
Mon, Jun 14 2010, 3:21 PM
While mortgage rates either held steady or improved in four of the last five sessions, they still ended last week higher than where they began it. The...
Wed, Jun 2 2010, 10:30 AM
April data is fine and dandy but it was expected that housing demand would improve as homebuyers rushed to take advantage of the tax credit before it ...
Tue, Jun 1 2010, 11:23 AM
Total construction spending rose for the second straight month in April and recorded the best monthly improvement seen since August 2000, according to...
Tue, Jun 1 2010, 11:00 AM
The "Never-Ending" Mortgage Program From ING; Are Home Loans Now Worthless?; Bank Closures; Barclays To Sell Servicing Unit
Tue, Jun 1 2010, 8:10 AM
The Week Ahead: ISM Manufacturing Index, Construction Spending, Pending Home Sales Index, ADP Employment Report, Initial Jobless Claims, Productivity ...
Tue, Jun 1 2010, 4:56 PM
It was a very volatile day in financial markets. Stocks moved lower then higher then lower again. This led benchmark Treasuries on a roller coaster ri...
Fri, May 21 2010, 11:52 AM
Loan Production Slowed By Collateral Valuations; Financial Reform And Mortgages; Consumer Spending and Saving; Delinquency Rates
Tue, May 18 2010, 11:19 AM
Defending The Mortgage Industry From Generalizations; New HUD Mortgagee Letter; HAMP Data; TB&W Chairman in Trouble; Quicken Loans
Tue, May 18 2010, 8:19 AM
As global support continues to grow for Greece, nerves are calming and investors are willing to buy again. Overnight, Greece received a €14.5 billion ...
Tue, May 18 2010, 6:48 PM
Mortgage rates looked like they were going to move up today as stocks were indicated to open higher before the lenders published rate sheets. However ...
Tue, May 18 2010, 3:28 PM
The uptick in Housing Starts was expected as last minute buyers rushed to finalize sales contracts before the homebuyer tax credit expired on April 30...
Mon, May 17 2010, 11:48 AM
Big Banker MBS Holdings Decline in Q1 2010; More Originator Job Offers; Secondary Marketing Conference; Investor Updates
Mon, May 17 2010, 9:03 AM
The key sector this week is housing, as data on new construction and homebuilder confidence are each expected to suggest recent progress. Meanwhile, s...
Mon, May 17 2010, 4:33 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be marginally better today. The par 30 year conventional mortgage rate is in...
Tue, May 11 2010, 5:42 PM
Mortgage rates continue to take their directional guidance from headline news and stocks. Today stocks opened lower which helped Treasuries and MBS ra...
Tue, May 4 2010, 12:56 PM
MARI Says Loan Fraud "Significantly Understated"; Risk Retention Reform Issues; Jumbo Loan Pricing; Comparing Loan Production Activity in 2010;
Mon, May 3 2010, 10:39 AM
Fannie Mae Cuts Interest Only Program and Releases ARM Updates; FDIC Shuts Down Seven More Banks; Citi; MGIC, Foreclosures,
Mon, May 3 2010, 8:24 AM
Overseas stock markets are mostly in the red this morning, but equity futures at home are pointing to a strong open head of spending, manufacturing, a...
Mon, May 3 2010, 4:16 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be similar to Friday’s repriced sheets. The par 30 year conventional rate m...
Thu, Apr 29 2010, 11:15 AM
Originators Face Moral Dilemma: Cheer On The Economy or Root For Low Mortgage Rates; Ginnie Issuance Down in March; Greek Ramificationsnews from Fanni...
Wed, Apr 28 2010, 2:24 PM
As expected, the Fed made no mention of selling their mortgage-backed securities portfolio, the "extended period" verbiage was left in place, and inf...
Tue, Apr 27 2010, 11:06 AM
While this release seems scary, I must remind that this report covers FEBRUARY and existing home sales and new home sales were first seen rising in MA...
Mon, Apr 26 2010, 10:14 AM
Fed vacancies; FDIC targets Illinois; USDA update; MI news; New Homes figures of interest
Fri, Apr 23 2010, 10:20 AM
Ratings Agency Primer; More on the Non-Agency Mortgage Market; Wells Fargo Still Battling Baltimore; Swimming Pool Requirement
Thu, Apr 22 2010, 8:31 AM
Stocks fell across Europe and Asia fell Thursday after Greece revealed that its 2009 deficit was a worse than anticipated 13.6% of GDP, against expect...
Tue, Apr 20 2010, 12:20 PM
Fannie Mae: "We believe that the recent pickup in mortgage rates will not be sustained. Our view on mortgage rates is little changed from the previous...
Mon, Apr 19 2010, 8:36 AM
With little economic data released until Thursday this week, investor attention should remain focused on first-quarter earnings releases, plus continu...
Fri, Apr 16 2010, 10:39 AM
Top Ranked Mortgage Originators; Important Appraisal Updates; BofA Q1 Results; Loan Mod Progress; Reform
Fri, Apr 16 2010, 8:22 AM
US equities have been rising for the past six trading days, but even though first-quarter earnings continue to roll in with positive results, the futu...
Fri, Apr 16 2010, 5:13 PM
We had a choppy start to the day. Mortgage rates opened up marginally better vs, yesterday but mostly the same. However, in the lunch hour, breaking n...
Fri, Apr 16 2010, 1:29 PM
Building permits are on the rise from record low levels, but builders are not using them, housing starts are essentially stagnant.Isn't that a good th...
Thu, Apr 15 2010, 10:43 AM
Fannie Mae Reduces "Waiting Period" for Re-Established Credit; Ginnie to Allow Securitization of Single Loans; More Foreclosures; RESPA Updates
