Thu, Nov 3 2011, 4:17 PM
After a series of gains that brought
mortgage rates back within striking distance of all time lows, things have
worsened just slightly today.
T...
Thu, Nov 3 2011, 3:31 PM
After an annoying morning of getting yanked around by every little European headline, bond markets have been calmer in the PM hours, ironically settli...
Wed, Nov 2 2011, 12:07 PM
The latest Mortgage Monitor report from Lender Processing
Services (LPS) shows a housing market where things are improving slowly, while parts
of ...
Wed, Nov 2 2011, 11:31 AM
Following
the tragic death of the Human Cannonball at the Springfield Autumn Fair, a
spokesman said "We'll struggle to get another man of the same
...
Wed, Nov 2 2011, 11:19 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
102-04 : -0-05
...
Wed, Nov 2 2011, 10:46 AM
This morning's live alert on the MBS Dashboard:
MBS Open Slightly Lower. No Major Drama This AM. Waiting on FOMC - 9:01 AM:
Yesterday's ra...
Wed, Nov 2 2011, 10:10 AM
The Mortgage Bankers Association (MBA)
has released its Weekly Mortgage Applications Survey for the week ended October
28. MBA's Market Composit...
Wed, Nov 2 2011, 9:06 AM
The equity sell-off and flight to
safe havens are both on pause Wednesday as traders await a key look at
employment and the latest monetary policy a...
Wed, Nov 2 2011, 5:18 PM
The Homeowner Vacancy Rate declined slightly in the third
quarter while vacancies rose in rental housing according to information reported
today by ...
Wed, Nov 2 2011, 5:16 PM
Yesterday
we noted that event in Europe were once again the dominant force moving
markets, including the secondary mortgage market, albeit indirectl...
Wed, Nov 2 2011, 4:19 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Wed, Nov 2 2011, 2:36 PM
Hindisght gives the clear impression of an exceedingly methodical rally for MBS today within a trend channel seen in the chart below. You'll be able ...
Tue, Nov 1 2011, 11:54 AM
Homeowners who believe they were
financially harmed by improper foreclosure procedures now have a new avenue for
relief. Three major federal regu...
Tue, Nov 1 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Tue, Nov 1 2011, 11:07 AM
Saying that there are no silver
bullets that will solve all the problems facing the housing and mortgage
markets CoreLogic, a
provider of informati...
Tue, Nov 1 2011, 10:59 AM
Seven
billion is a lot of people. I guess that's about how many of us there are in
the world: http://www.bbc.co.uk/news/world-15391515 .
(And no, ...
Tue, Nov 1 2011, 10:05 AM
(From MBS Live!) " Greek Referendum Rocks Markets At The Open, Or Does It? 8:42AM: The "big" story this morning is that Greek PM Papandreou has ca...
Tue, Nov 1 2011, 8:38 AM
Well, November is off to a rocky start. After a 2.5% equity plunge to start the week, equity futures are down another 2% on the out-of-the-blue announ...
Tue, Nov 1 2011, 4:43 PM
Of course there was the initial news this morning that Greece's Prime Minister George Papandreou called for a referendum of the recently agreed-upon c...
Tue, Nov 1 2011, 4:22 PM
Mortgage Rates continued lower today as drama in Europe came roaring
back. In short, EU drama is and has been
increasing the demand for safe-have...
Tue, Nov 1 2011, 4:22 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Tue, Nov 1 2011, 3:14 PM
The Department of Housing and Urban Development
(HUD) and Ginnie Mae have suspended Allied Home Mortgage Corporation , thereby
preventing the compa...
Mon, Oct 31 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Mon, Oct 31 2011, 10:07 AM
Welcome to
Halloween. On this day every year Ops managers across the nation struggle
between month-end funding and shipping more loans, or in judgin...
Mon, Oct 31 2011, 9:35 AM
This mornings Live Market Update from MBS Live! (levels updated):
"MBS Beginning The Week in Much Better Shape. FOMC, NFP Loom 8:44 AM
W...
Mon, Oct 31 2011, 8:59 AM
A changing mood on the final day of October - I'm doing my best not to say spooky - is threatening to eat away from what looks to be a 14% gain in the...
Mon, Oct 31 2011, 4:17 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Mon, Oct 31 2011, 3:35 PM
Building on Friday's strength, Mortgage Rates have experienced an almost
complete reversal of fortune versus the weakness that surrounded the EU
...
Mon, Oct 31 2011, 1:23 PM
Several reports now of lenders repricing for the better in the Live Chat section of the MBS Live Dashboard. The two traditionally early-to-reprice ...
Fri, Oct 28 2011, 12:16 PM
Delaware Attorney General Beau Biden has
sued the Mortgage Electronic Registration system (MERS) the controversial entity
that has been at the hea...
Fri, Oct 28 2011, 11:26 AM
According to the National Association of
Home Builders (NAHB) the remodeling industry has been increasingly impacted by
the state of the nationa...
Fri, Oct 28 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Fri, Oct 28 2011, 10:17 AM
"Those with the will to come into work today will at least be greeted by a modicum of relief for bond markets. But the key point is this: after more t...
Fri, Oct 28 2011, 9:39 AM
For those
out there that like maps, who are Native American or Alaskan, or who live in
Native American areas, here is a nifty illustration (Oklahoma...
Fri, Oct 28 2011, 8:55 AM
Thursday's stock rally isn't being sustained in early trading: equity futures in the U.S. are pointing downwards and European markets are in modest se...
Fri, Oct 28 2011, 4:40 PM
The Federal Housing Finance Agency (FHFA) with the
assistance of the two government sponsored enterprises (GSEs) for which it has
oversight, has upd...
Fri, Oct 28 2011, 4:17 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Fri, Oct 28 2011, 4:04 PM
We've spoken in the past about "walls" that crop up in the course of Mortgage Rate movements. We're now seeing a similar case for 4.25% as it con...
Thu, Oct 27 2011, 12:46 PM
This EU Summit has been the focal point of quit a bit of drama lately--perhaps too much by the time we consider the attention that the lead-up and spe...
Thu, Oct 27 2011, 12:21 PM
In a joint press release issued Wednesday
Freddie Mac and the Federal Housing Finance Agency ( FHFA ) announced that three
members of Freddie Ma...
Thu, Oct 27 2011, 12:19 PM
Pending home sales fell for the third
consecutive month in September according to data released today by the National
Association of Realtors ® (N...
Thu, Oct 27 2011, 11:21 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Thu, Oct 27 2011, 10:10 AM
If you
have $100, maybe you can buy a house. For the next year, in some states buyers need a down payment of only $100 to purchase a
HUD-owned REO ...
Thu, Oct 27 2011, 9:00 AM
The stock market plans to open more than 2% higher on news that European officials have agreed to a strategy to combat its debt crisis.
The 10-yea...
Thu, Oct 27 2011, 5:16 PM
The bigger reaction to events in
Europe over the past two days sent Mortgage Rates higher today, now at the edge
of the recent range.
Wher...
Thu, Oct 27 2011, 4:21 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Thu, Oct 27 2011, 2:58 PM
The main topic of discussion over the last few days has been the upcoming refinements to the HARP program . As detailed Monday morning by the FHFA, ...
Thu, Oct 27 2011, 2:10 PM
The Chairman of the House committee that
has been most active in the proposed dismantling of Freddie Mac and Fannie Mae
has released his proposal to...
Wed, Oct 26 2011, 11:21 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Wed, Oct 26 2011, 10:33 AM
After yesterday's impressive rally in bond markets, we noted that technicals seemed to most strongly suggest a sideways trend in effect since roughly ...