Thu, Mar 29 2012, 3:32 PM
After holding steady yesterday, Mortgages Rates moved slightly lower today , hitting their best levels since March 13 th . Lender offerings ha...
Thu, Mar 29 2012, 3:04 PM
Approximately
$15 million of the $132 million New York State will receive in the national
mortgage servicing settlement will be used for foreclosu...
Wed, Mar 28 2012, 11:52 AM
MBS Live : MBS MID-DAY
MBS and Treasuries got a boost in general from earlier news that Germany is pushing to limit the expansion of EU bailout ...
Wed, Mar 28 2012, 10:32 AM
The Office of the Comptroller of the Comptroller of the Currency today released their Mortgage Metrics Report for the Fourth Quarter of 2011, focu...
Wed, Mar 28 2012, 9:55 AM
"Rob,
are you hearing that many companies are paying their LO's less for refinances,
and even less for refinances within a company's servicing portf...
Wed, Mar 28 2012, 9:29 AM
The
right of Mortgage Electronic Registration System, Inc. ( MERS ) to act as
mortgagee of record for mortgage investors has survived two more cour...
Wed, Mar 28 2012, 8:23 AM
Once
again a decline in refinancing wiped out modest gains in purchase mortgage
activity during the week ended March 23.
As a result the Mortgag...
Wed, Mar 28 2012, 4:19 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
102-21 : -0-07
...
Wed, Mar 28 2012, 2:43 PM
Mortgages Rates broke a sideways streak to move lower yesterday, but are right back to their 'sideways ways' today! This keeps the Conventional ...
Wed, Mar 28 2012, 1:16 PM
The Federal Reserve Bank of New York has
developed a series of interactive maps which allow viewers to see information
on mortgage delinquencies an...
Wed, Mar 28 2012, 1:01 AM
Yesterday's rally was impressive inasmuch as it was a calm, directional move to higher prices for MBS (lower yields for benchmarks such as 10yr ...
Tue, Mar 27 2012, 12:35 PM
Freddie Mac's total mortgage portfolio
continued to shrink in January and February, contracting at an annual rate of
4.8 percent in January and 3....
Tue, Mar 27 2012, 11:14 AM
MBS Live : MBS MID-DAY
The bond market rally that began with this morning's stronger opening levels, continues into the 11am hour after the earl...
Tue, Mar 27 2012, 9:53 AM
Are
mortgage brokers making a comeback? After the financial crisis, drop in
originations, regulatory tsunami (a "Reg-plosion"), and the recent exit...
Tue, Mar 27 2012, 9:18 AM
S&P/Case-Shiller reported on Tuesday
that home prices in the metropolitan areas they survey declined again in
January with both the 10-City and 20-C...
Tue, Mar 27 2012, 4:09 PM
MBS Live : MBS RECAP
Too many days like today and we'll be sitting ducks for the next gyration to the downside in bond prices... Today w...
Tue, Mar 27 2012, 4:05 PM
The American Banking Association (ABA) has found that real estate lending
conditions at the end of 2011 were little changed from those at the end o...
Tue, Mar 27 2012, 3:28 PM
Mortgages Rates were eerily quiet over the past 3 sessions, but they broke that streak today to move lower . The Conventional 30yr Fixed Best-Execu...
Tue, Mar 27 2012, 2:14 AM
While Tuesday's calendar of events is by no means the most robust of the week, it marks a noticeable acceleration from that of Monday, especially in...
Tue, Mar 27 2012, 2:00 PM
Despite the trauma of the last few
years, most Americans still believe that owning a home is preferable to renting
according to the latest quarter...
Mon, Mar 26 2012, 11:18 AM
While homebuyers are pursuing short
sales with less enthusiasm because of the lengthy and unpredictable process,
investors are finding them a new...
Mon, Mar 26 2012, 11:16 AM
Pending home sales reported by the
National Association of Realtors® declined by one-half of one percent in
February but are well above the level r...
Mon, Mar 26 2012, 11:12 AM
MBS Live : MBS MID-DAY
Volatility has been the name of the game this morning, although that theme has been playing out more for Treasuries than ...
Mon, Mar 26 2012, 10:36 AM
For those
playing along at home, the U.S. Treasury Department continues to wind down 2008's
TARP, the Troubled Asset Relief Program. More than 80%...
Mon, Mar 26 2012, 8:10 AM
With all the recent preference given to "tradeflows and technicals" in our analysis, we see the week ahead as standing a good chance of merging those ...
Mon, Mar 26 2012, 4:09 PM
MBS Live : Volatile Session, But Contained
Both MBS and Treasuries made trips between their highs and lows several times in rapid succession ear...
Mon, Mar 26 2012, 3:25 PM
Mortgages Rates have been nearly identical for the past 3 sessions. That means that Conventional 30yr Fixed Best-Execution Rates begin the week at...
Fri, Mar 23 2012, 11:03 AM
New home sales in February were down 1.6 percent from sales
in January according to the U.S. Census Bureau and the Department of Housing
and Urban ...
Fri, Mar 23 2012, 11:01 AM
Annual reports from financial
institutions rarely make the best seller list, but the one published by the
Federal Reserve Bank of Dallas is beginnin...
Fri, Mar 23 2012, 10:17 AM
Another program to keep distressed
borrowers in their homes was announced this morning by Bank of America. " Mortgage
to Lease " will start immedi...
Fri, Mar 23 2012, 10:14 AM
AIG, originally considered to be the
TARP recipient least likely to succeed, has sent taxpayers another significant installment
on its debt. The De...
Fri, Mar 23 2012, 9:42 AM
Bank of America launched the "Mortgage to
Lease" program to fewer than 1,000 BofA customers selected by the bank in
test markets in Arizona, Neva...
Fri, Mar 23 2012, 8:08 AM
Bond markets improved overnight and may have a familiar friend to thank for it. Greece is back in the news, or at least we think so... We haven't se...
Fri, Mar 23 2012, 4:16 PM
MBS Live : MBS RECAP
text here
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FNMA 3.5
102-13 ...
Fri, Mar 23 2012, 2:15 PM
Money came into both sides of the market today. Stocks are set to end the day with gain, as are Treasuries and MBS, the Mortgage-Backed-Securities th...
Fri, Mar 23 2012, 1:37 PM
As seen in the recap of live alerts below, this morning's gains for MBS and Treasuries arrive on the heels of data that normally can't be counted on f...
Thu, Mar 22 2012, 12:43 PM
Dear Fellow Mortgage Industry Professionals, I know that the industry is in a fit over what to do with the HARP 2.0 program , but I would submit to ...
Thu, Mar 22 2012, 11:29 AM
The passing of the Fed's scheduled Twist buying in the 2022-2030 maturity range did little to nudge Treasuries and MBS from their recent grind near ...
Thu, Mar 22 2012, 9:51 AM
This is the second of three evaluation
reports released by the Federal Housing Finance Agency's (FHFA) Office of
Inspector General (OIG) regarding t...
Thu, Mar 22 2012, 9:50 AM
Do you do
business i n a "Sand State" or a "HARP State" ? Perhaps they're
the same. Yesterday's MBA numbers showed, as a percentage of overall
appl...
Thu, Mar 22 2012, 9:28 AM
This is the third of three evaluation
reports released today by the Federal Housing Finance Agency's (FHFA) Office of
Inspector General (OIG) regard...
Thu, Mar 22 2012, 4:21 PM
After a generally calm and generally positive day, MBS have traipsed lower in a similarly calm fashion. We want to emphasize that even though the p...
Thu, Mar 22 2012, 4:05 PM
The rate of decline in housing prices has slowed recently according
to the RPX Composite Index released today by RadarLogic, but the bottom for
pr...
Thu, Mar 22 2012, 3:47 PM
On Thursday the Federal Housing Finance
Agency (FHFA) Office of Inspector General (OIG) released the results of three
evaluations of FHFA's oversigh...
Thu, Mar 22 2012, 3:44 PM
Mortgages Rates enjoyed a second day of doing something other than frantically rising or merely holding sideways. Rate offerings at most lenders ...
Thu, Mar 22 2012, 2:14 AM
Yesterday's rally was well-met. Although Monday was technically a positive day for bond markets, it sure didn't feel like it given
the fact tha...
Wed, Mar 21 2012, 12:43 PM
A report released this morning by
CoreLogic shows that the shadow inventory , composed of homes that are either in
bank owned real estate (REO), in...
Wed, Mar 21 2012, 11:28 AM
Sales of
existing homes fell 0.9 percent in February to a seasonally adjusted annual
rate of 4.59 million homes according to data released this mor...
Wed, Mar 21 2012, 11:21 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Wed, Mar 21 2012, 10:39 AM
Yesterday
the commentary discussed rotary phones and mobile phone banking . And last week
the Federal Reserve Board launched its Twitter channel, @...
