Fri, Nov 18 2011, 10:03 AM
If you
changed residences between 2010 and 2010, congratulations: less than 12% of the U.S. population moved during that time , the
lowest recorded...
Fri, Nov 18 2011, 8:29 AM
When 10yr yields and MBS both hit 3pm at essentially the same levels as 11/9, and subsequently pulled back, it suggested that we might have hit some s...
Fri, Nov 18 2011, 4:18 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Fri, Nov 18 2011, 3:13 PM
After experiencing a rare 3rd day in a row of neutrality or positivity, Mortgage Rates
pulled back up a bit today. In most cases, this won't affe...
Fri, Nov 18 2011, 2:12 PM
Some moderately coherent ramblings from last night's recap on MBS Live to set up today's:
"What is clear is that whatever writing was seen on th...
Fri, Nov 18 2011, 1:37 PM
President Barack Obama signed a bill Friday
that reinstates the recently expired higher loan limits that were in effect for
FHA and VA loans throu...
Fri, Nov 18 2011, 1:28 PM
Fannie Mae's November Economics and
Mortgage Market Analysis released this morning cites the depressed sentiments
from the Conference Board consume...
Thu, Nov 17 2011, 11:44 AM
Building permits were issued at a
seasonally adjusted annual rate of 653,000 in October, 10.9 percent above the downwardly
revised (from 594,000) S...
Thu, Nov 17 2011, 11:20 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Thu, Nov 17 2011, 11:05 AM
Previously delinquent loans that Freddie
Mac was required by contract to repurchase from its Mortgage Participation
Certificate (PC) pools are abou...
Thu, Nov 17 2011, 11:01 AM
One week
until Thanksgiving - time flies. What's in a name? Plenty. For example, the
name of the Athletic Director at the University of Texas is DeL...
Thu, Nov 17 2011, 10:56 AM
One week
until Thanksgiving - time flies. What's in a name? Plenty. For example, the
name of the Athletic Director at the University of Texas is DeL...
Thu, Nov 17 2011, 8:23 AM
More of the same from the EU overnight. Here's the morning alert from MBS Live.
Tediously Familiar Risk-Off Trade Benefit Treasuries Overnight...
Thu, Nov 17 2011, 4:23 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Thu, Nov 17 2011, 3:58 PM
Yesterday we noted that things seemed "quiet, almost too quiet." As is sometimes the case with such episodes of quietness, it resulted in some volati...
Thu, Nov 17 2011, 2:33 PM
The markets have seemed to calm down a bit this week , after last week’s fairly volatile price action. The 30-year current coupon spread to interpola...
Thu, Nov 17 2011, 2:03 PM
Seasonally adjusted mortgage
delinquencies fell 45 basis points (bp) from the second to the third quarter of
2011 to a seasonally adjusted rate of...
Wed, Nov 16 2011, 11:48 AM
Executives at Fannie Mae and
Freddie Mac are one step closer to a massive pay cut following a vote by the
House Financial Services Committee to sus...
Wed, Nov 16 2011, 11:22 AM
Freddie Mac and Fannie Mae have released
guidance to their lenders on changes to their loan products occasioned by the
expansion and extension of th...
Wed, Nov 16 2011, 11:20 AM
It's been an eerily sideways day so far. Every new chunk of trading seems to fall inside the previous chunk as far as 10yr yields are concerned (narr...
Wed, Nov 16 2011, 11:15 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Wed, Nov 16 2011, 10:01 AM
Say what
you want about zoning laws in Houston, but mosques and pig races don’t mix
anywhere: http://www.youtube.com/embed/dUr1NxJDC94?rel=0 . ...
Wed, Nov 16 2011, 8:19 AM
Morning Alert from MBS Live:
Volatile Overnight Session. Bond Markets Open Slightly Stronger 8:19AM
It was an uncommonly choppy overnight se...
Wed, Nov 16 2011, 8:19 AM
Mortgage applications volume dropped 10 percent on a
seasonally adjusted basis during the week ended November 11 according to
results of the Mortgag...
Wed, Nov 16 2011, 4:26 PM
After two months of gains the index
measuring builder confidence has reached its highest level in 17 months
according to data released today by th...
Wed, Nov 16 2011, 4:15 PM
MBS Live: MBS RECAP
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FNMA 3.5 101-25 : +0-04
FNMA 4.0 104-00 : +0-03
FNMA 4.5 105-18 : +0-02 ...
Wed, Nov 16 2011, 3:29 PM
Mortgage Rates
are essentially flat today despite the day containing similar levels of economic data and European-inspired volatility in the wee ho...
Wed, Nov 16 2011, 3:02 PM
MBS came under some pressure this afternoon, prompting the following alert from MBS Live:
MBS Fall To Lowest Levels Since 9am. Potential Negativ...
Tue, Nov 15 2011, 11:15 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Tue, Nov 15 2011, 10:25 AM
This has
nothing to do with mortgage banking or real estate, but it is definitely worth 30 seconds for anyone
who drives or has a pet .
In S...
Tue, Nov 15 2011, 10:09 AM
Two
George Washington University professors have called current discussions and
proposals to curtail FHA's low down payment loans an overreaction ....
Tue, Nov 15 2011, 8:14 AM
From MBS Live this morning:
Standard-Issue Night of European Malaise Benefiting Bond Markets 8:13AM
No shockingly negative or positive headl...
Tue, Nov 15 2011, 4:54 PM
Mortgage Rates
are slightly improved from yesterday. A busy morning of economic data plus several headlines out of Europe caused some volatility i...
Tue, Nov 15 2011, 4:15 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Tue, Nov 15 2011, 3:49 PM
(update: 4:08pm, Freddie released new harp guidelines: http://www.mortgagenewsdaily.com/micro_news/236222.aspx)
It's been built up to the point of ...
Tue, Nov 15 2011, 2:14 PM
Carol
Galante, FHA's new acting commissioner presented highlights of the agency's
FY2011 Report to Congress in a press briefing on Tuesday, tellin...
Mon, Nov 14 2011, 12:45 PM
Most recent alert from MBS Live:
MBS Underperforming Treasuries, but Fed Buying Change That 11:53AM
Perhaps the most striking thing about ma...
Mon, Nov 14 2011, 12:33 PM
If they hold to their original schedule, the Federal Housing
Finance Agency (FHFA) along with Freddie Mac and Fannie Mae, the two government
sponsor...
Mon, Nov 14 2011, 11:24 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Mon, Nov 14 2011, 10:56 AM
According to a
recent survey by the National Association of Realtors® (NAR), the typical U.S.
homebuyer spent less and borrowed less
in 2011. Th...
Mon, Nov 14 2011, 10:10 AM
Let's say
that you have a warehouse line with Bank
of America , or anyone else for that matter. You come into work and either
the line is frozen, ...
Mon, Nov 14 2011, 8:07 AM
Although the bond markets were closed on Veterans' day, equities and Treasury futures suggested that things could be a bit rough for MBS to start the ...
Mon, Nov 14 2011, 4:49 PM
Home prices continued to slide in August, dropping another
0.9 percent according to the Lender Processing Services (LPS) home price index
(HPI). Wi...
Mon, Nov 14 2011, 4:24 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Mon, Nov 14 2011, 3:03 PM
Mortgage Rates are essentially unchanged from Thursday's levels although in some cases, closing costs could be slightly higher in order to obtain the...
Fri, Nov 11 2011, 11:37 AM
Edward J. DeMarco, Acting Director of the Federal
Housing Finance Agency (FHFA) has responded to an announcement from the House
Financial Services...
Fri, Nov 11 2011, 11:23 AM
Here we
are at 11/11/11: Veterans Day. Veterans Day originated as "Armistice Day" on
Nov. 11, 1919, the first anniversary of the end of World War I....
Fri, Nov 11 2011, 2:29 PM
Here's this morning's alert from MBS Live :
10:42AM: First of all, Happy Veterans Day to you and yours. Bond markets are closed, including MBS, bu...
Thu, Nov 10 2011, 11:24 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Thu, Nov 10 2011, 10:21 AM
This morning's update from MBS Live :
MBS Stronger Than They Look Factoring Out the Roll 8:28 AM
While it's plain to see that broader bond ma...
