Wed, Jan 11 2012, 4:24 PM
MBS Live: MBS RECAP
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FNMA 3.5 102-31 : +0-06
FNMA 4.0 105-05 : +0-04
FNMA 4.5 106-19 : +0-07 ...
Wed, Jan 11 2012, 2:50 PM
Earlier today on MBS Live, after briefly discussing the results of today's 10yr Auction, a question came up basically asking if I could explain what I...
Tue, Jan 10 2012, 11:53 AM
HOPE Now, the industry group that
modifies privately held mortgages is on track to complete one million
modifications in 2011 . The alliance of
m...
Tue, Jan 10 2012, 11:23 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Tue, Jan 10 2012, 11:11 AM
There's a palpable lack of excitement in bond markets today despite improving volume. One might consider the highest S&P levels in more than 4 months...
Tue, Jan 10 2012, 10:34 AM
Two reports on U.S. home prices were released on
Monday. The two, the CoreLogic Home
Price Index (HPI) and the Clear Capital Home Data Index (HDI)...
Tue, Jan 10 2012, 10:10 AM
Last
weekend I took my daughter, who is taking some fancy economics class in high
school, with me to the used record store. I had eighty three 45 RP...
Tue, Jan 10 2012, 10:05 AM
The Consumer Financial Protection Bureau
(CFPB) is now accepting mortgage complaints from consumers who have experienced
problems across the spectru...
Tue, Jan 10 2012, 8:14 AM
A general uptick in "risk-on" trading prevailed overnight. Volume remains somewhat subdued versus the healthier days from the end of last week, but i...
Tue, Jan 10 2012, 5:47 PM
The President and Chief Executive Officer of Fannie Mae, Michael J. Williams has announced his intention to resign. Williams, who has held the dual...
Tue, Jan 10 2012, 4:23 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Tue, Jan 10 2012, 3:12 PM
Mortgage Rates finally experienced their first noticeable move higher in 2012, although it should be noted that "noticeable" doesn't necessarily mean...
Mon, Jan 9 2012, 11:40 AM
The list of housing markets demonstrating
improvement on a trio of housing-related measures took a big jump in January,
rising to 76 cities from 4...
Mon, Jan 9 2012, 11:30 AM
Federal Reserve Board Governor Sarah
Bloom Raskin told a law school group on Friday that the judicial morass arising
out of the mortgage crisis , ...
Mon, Jan 9 2012, 11:15 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Mon, Jan 9 2012, 11:10 AM
Throughout late 2011, Fannie 3.0's truly took on a role as "it that shall not be named" in the Live Chat window on MBS Live! Indeed, at almost no poin...
Mon, Jan 9 2012, 9:41 AM
The IRS
said that taxpayers will have until April 17 to file their 2011 returns, thanks
to two quirks of the calendar this year: April 15 falls on a...
Mon, Jan 9 2012, 9:36 AM
Freddie Mac gave unemployed homeowners who
are struggling to pay mortgages owned or guaranteed by the company a break on
Friday when it eased its t...
Mon, Jan 9 2012, 8:09 AM
The week promises to be a relatively busy one, even if it's being kicked off with a quiet overnight session. Japan was out on Holiday and with little...
Mon, Jan 9 2012, 4:15 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Mon, Jan 9 2012, 3:32 PM
The Departments of Treasury and Housing
and Urban Development have released their joint December 2011 Housing
Scorecard . The report is essentiall...
Mon, Jan 9 2012, 2:55 PM
Mortgage Rates
continued a trend of slight, incremental improvements today, meaning that--on average--it's another record setting day. As has been ...
Mon, Jan 9 2012, 1:32 PM
Americans are feeling better about the economy
according to results from Fannie Mae's December Housing Survey released by the
company this morning...
Fri, Jan 6 2012, 11:24 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Fri, Jan 6 2012, 10:58 AM
Latest alert from MBS Live:
Bond Markets In Rally Mode Following NFP, Testing Techs, Possible Reprices 10:46 AM
MBS and Treasuries both enco...
Fri, Jan 6 2012, 9:48 AM
"I would
be moody too if I was standard and poor." I don't know how old that pun is, but
many in the industry continue to wait for the rating agenci...
Fri, Jan 6 2012, 8:51 AM
The Mortgage Bankers Association
released a response late Thursday to a
white paper submitted to Congress the previous day by the Federal Reserve....
Fri, Jan 6 2012, 8:16 AM
It was a quiet overnight session with little data of importance and strikingly low volume when juxtaposed with yesterday's strong showing. This would...
Fri, Jan 6 2012, 5:58 PM
The latest Mortgage Monitor report released by Lender Processing Services, Inc.
(LPS) presents the kind of mixed message that is now commonplace amon...
Fri, Jan 6 2012, 4:24 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Fri, Jan 6 2012, 3:40 PM
Mortgage Rates
are simply on a tear... New records were set yesterday and again today--granted, by only small margins each time and only with respe...
Fri, Jan 6 2012, 3:10 PM
What a day! A better-than-expected Non-Farm-Payrolls print giving way to a bond market rally with MBS at their highest levels in over 3 months--who'd...
Fri, Jan 6 2012, 1:37 PM
In remarks prepared for delivery to the
New Jersey Bankers Association Economic Forum on Friday, Federal Reserve Bank
of New York President and Chi...
Thu, Jan 5 2012, 11:44 AM
There sure
is a lot going on for a holiday-shortened week. First off, the Fed sent Congress a little missive on how to fix the housing and
mortgage...
Thu, Jan 5 2012, 11:24 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Thu, Jan 5 2012, 8:41 AM
The overnight session was fairly lackluster although volume clearly continues to build into the new year. 10yr yields traded a range inside the highs ...
Thu, Jan 5 2012, 4:24 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Thu, Jan 5 2012, 4:07 PM
Mortgage Rates
continue to demonstrate an uncanny stability at all-time-lows. As far as the actual rates being quoted, nothing has changed. Best-E...
Thu, Jan 5 2012, 4:06 PM
Holes are being filled in the story of the controversial appointment of Rich Cordray as director of the new Consumer Financial Protection Bureau (CFPB...
Thu, Jan 5 2012, 1:41 PM
The ADP Employment figures that come out each month, 2 days before The Employment Situation Report (1 day before this month due to the shortened week)...
Wed, Jan 4 2012, 11:24 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Wed, Jan 4 2012, 11:09 AM
The Office of Comptroller of the
Currency (OCC) is rolling out its first public service announcements to alert
consumers about the Independent Fore...
Wed, Jan 4 2012, 10:27 AM
As part of the temporary resolution to the recent battle over the Tax Cut Extension that took place in the last weeks of December, Congress decided ...
Wed, Jan 4 2012, 10:17 AM
Any ship
can be a minesweeper - once. But not "once in a while." This note
reached me: "Rob, every once in a while you'll mention 'AOT' like everyon...
Wed, Jan 4 2012, 9:48 AM
The Mortgage Bankers Association
released an abbreviated report Wednesday on mortgage activity over the two week
Christmas and New Year's holiday ...
Wed, Jan 4 2012, 8:24 AM
The day kicks off on positive note for bond markets which have held their gains at the start of the New York session. This follows on the heels of a ...
Wed, Jan 4 2012, 5:41 PM
In a letter to the chairs and ranking members of the
Senate Banking and House Financial Services Committees on Wednesday, Federal Reserve
Chairman B...
Wed, Jan 4 2012, 4:29 PM
Mortgage Rates
continue to operate at the same Best-Execution levels with only minor variations in borrowing costs between lenders on any given day....
Wed, Jan 4 2012, 4:24 PM
MBS Live : MBS RECAP
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FNMA 3.5
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Wed, Jan 4 2012, 3:46 PM
Although it's not unheard of for a lender to show up late to a "reprice-for-the-worse" party after MBS prices are noticeably bouncing back, the risks ...