Tue, Apr 19 2011, 12:53 PM
The U.S. Census Bureau and the Department of Housing and Urban Development
have released New Residential Construction statistics for March 2011. ...
Mon, Apr 18 2011, 1:24 PM
There
are a lot of reasons why the nation's homebuilders continue to feel skittish about
the housing market according to both the Chairman and Chief...
Wed, Apr 13 2011, 12:09 PM
Freddie Mac has released its April 2011 Economic Outlook .
Below is a copy of the text. We have taken the liberty of calling attention to a few...
Tue, Apr 5 2011, 2:00 PM
The March edition of the Obama Administration's
Housing Scorecard again remarks on the fragility of the U.S. housing market and
the need to cont...
Mon, Apr 4 2011, 9:55 AM
Buffalo
Springfield wrote, "There's something happening here, what it is ain't
exactly clear..." But there is one movement that appears to be cleare...
Thu, Mar 31 2011, 3:00 PM
For the second time in less than a week economists have
attempted to quantify the amount of shadow inventory currently lurking in the background of ...
Tue, Mar 29 2011, 9:53 AM
How much house is too much house in Michigan? 50 cent is only half of a dollar.
Today the FDIC Board will vote on a credit risk-retention prop...
Mon, Mar 28 2011, 10:54 AM
The National
Association of Realtors'® (NAR) have taken a stab at estimating just how wide and deep the much
discussed " shadow inventory " of hou...
Mon, Mar 28 2011, 10:30 AM
Did
anyone from your county move in 2008? It is not my job to keep track of them -
but someone does. Privacy issues aside, Realtors may find this in...
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...
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, "...
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, 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, 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...
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, 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...
Wed, Mar 16 2011, 4:18 PM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for February 2011...
Mon, Mar 7 2011, 11:38 AM
Late in 2010, mortgage bankers
seemed to be scrambling for warehouse lines. Now that things have quieted down
need-wise, how is the warehouse biz do...
Thu, Mar 3 2011, 10:12 AM
The
Departments of Housing and Urban Development (HUD) and Treasury released their Monthly
Housing Scorecard for February on Wednesday afternoon...
Wed, Mar 2 2011, 11:44 AM
Merrill Lynch/BofA's analysts
took a look at HARP, and whether or not it should be extended. The FHFA
has a number of choices regarding HARP. "We se...
Mon, Feb 28 2011, 10:21 AM
"Qualified Residential Mortgages" is not an everyday topic of conversation but perhaps should be .
Who is going to have "skin in the game"? Here is ...
Mon, Feb 28 2011, 3:08 PM
The National Association of Realtors today released the Pending Home Sales Index for January. The Pending Home Sales
index measures housing...
Fri, Feb 25 2011, 10:03 AM
A servicing
"settlement", mentioned yesterday, certainly has the
industry roiled - especially BofA and Wells Fargo, who together service nearly
$4...
Thu, Feb 24 2011, 12:36 PM
Sales
of new single-family houses in January 2011 were at a seasonally
adjusted annual rate of 284,000, according to estimates released jointly
...
Thu, Feb 24 2011, 10:47 AM
Whoever thought that loan servicing would be so exciting? If
you think that a servicer earning 25 basis points every year is earning
too much if ...
Thu, Feb 24 2011, 8:25 AM
The 10-year Treasury note traded in a yield range of 3.49% to 3.44% overnight, after giving up three basis points and closing at 3.49% yesterday. Rat...
Thu, Feb 24 2011, 2:01 PM
Despite
a sizeable drop in the fourth quarter, sales of foreclosed properties again
accounted for over a quarter of all single-family home sales in ...
Wed, Feb 23 2011, 11:01 AM
Originators and borrowers are often faced with the "rent versus own" question, with varying results. Here is an INTERACTIVE CALCULATOR
Homeo...
Wed, Feb 23 2011, 8:38 AM
Equity
futures are rebounding after anti-government riots in oil-rich Libya
initiated the worst single-day sell-off since August yesterday. As
s...
Wed, Feb 23 2011, 3:31 PM
The uptrend in existing-home sales continues, with January sales rising
for the third consecutive month with a pace that is now above year-ago
lev...
Tue, Feb 22 2011, 9:47 AM
What is the public hearing and seeing regarding the April Fool's Day changes?
"Starting April 1, under a new compensation rule from the Federal
R...
Tue, Feb 15 2011, 12:17 PM
The
nation's homebuilders are still seeing a lot of dark tunnel ahead judging by their
responses in the most recent survey of attitudes about the ho...
Fri, Jan 28 2011, 10:42 AM
This week we discussed the outlook for home prices and shared
perspective on whether or not now is a good time to buy. This is the
best guidance w...
Fri, Jan 28 2011, 10:26 AM
We're on to Part IV of the LO compensation series, noting the Fed's
responses to the MBA's questions. Remember that company's individual
policies ...
Thu, Jan 27 2011, 11:13 AM
Pending home sales improved further in December, marking the fifth gain
in the past six months, according to the National Association of
Realtors®...
Thu, Jan 27 2011, 9:57 AM
Stories in today's Pipeline Press: Part 3 of the Fed answers to the MBA's list of questions. Cross Channel Envy. There is always a program or underwri...
Wed, Jan 26 2011, 12:05 PM
Month over month gains look large relative to recent months. This is a positive from a "here and now" perspective. But when we zoom out and see the bi...
Wed, Jan 26 2011, 8:16 AM
Looking ahead to new homes sales data and the release of the FOMC statement this afternoon, interest rates are moving higher and equity futures are r...
Mon, Jan 24 2011, 9:41 AM
Lots of Lender Updates; MERS Leadership Change; Job Openings; Wells on Originator Compensation; Bank of America Legal Fees
Fri, Jan 21 2011, 11:22 AM
Originator Compensation FAQs; Loan Putbacks Bruise BoA; Foreclosures Pinch PNC Profits; Servicer Watchdogs; Lender Updates
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...
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, 10:30 AM
Quality Control Review Requirements; JPM Chase Mortgage Banking Earnings; Safe Act Reminder; Loan Officer Comp. Conference Call; Lender Updates
Wed, Jan 5 2011, 12:47 PM
112th Congress Seated; Primary Dealer List Expected to Grow; Bearish Home Price Outlook; Preparing for CMBS Issuance; New Mortgagee Letter
Mon, Jan 3 2011, 10:37 AM
Loan Officer Professional Privacy Gone; New Mortgagee Letters; Covered Bonds Coming?; BoA Settles with GSEs. Allstate & MBIA Still Suing;
Thu, Dec 30 2010, 11:13 AM
A lot of IF's need to play out just to see a GRADUAL housing recovery. Oh well. We gotta start somewhere.
Thu, Dec 30 2010, 8:25 AM
Bonds are backing up a bit while and equity futures point modestly lower on the last full trading trading day of the year.
Thu, Dec 23 2010, 11:34 AM
New Home Sales rose to an annualized rate of 290,000. This is better than the previous month (275,000) but a bit short of the consensus of 300,000. ...
Thu, Dec 23 2010, 9:40 AM
Private Mortgage Insurance Tax Deductions Extended; ARM Disclosures Updated; Calyx Bundles LOS Services; Wells Comments on Compensation
