Mon, Aug 15 2011, 4:16 PM
MBSonMND : MBS RECAP
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FNMA 3.5
100-25 : -0-07
...
Mon, Aug 15 2011, 3:36 PM
Mortgage rates re-entered record-low territory last week, one-day
after the Federal Reserve announced it would continue lending cash to
banks at a...
Fri, Aug 12 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
101-11 : +0-27
...
Fri, Aug 12 2011, 10:13 AM
(Sorry the
commentary is a little late today. It took me a long time to wade through all
of the investor price-change e-mails from yesterday. So let...
Fri, Aug 12 2011, 8:25 AM
Fixed income and equities are each improving Friday morning with the stock market rising nearly half a percentage point while Treasuries are picking t...
Fri, Aug 12 2011, 4:16 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Aug 11 2011, 12:16 PM
Foreclosure
activity dropped significantly again in July according to figures released on
Thursday by RealtyTrac, however the Irvine California firm...
Thu, Aug 11 2011, 11:23 AM
Last
night my wife met me at the front door. She was wearing a sexy negligee. The
only trouble was, she was coming home.
The correct perspective ...
Thu, Aug 11 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-18 : -0-07
...
Thu, Aug 11 2011, 8:29 AM
Every morning is a whole new world in the markets this week. Today the themes are mixed price action in Treasuries and a continued sell-off in equiti...
Thu, Aug 11 2011, 4:40 PM
Consumer borrowing costs ticked higher today in another volatile trading session (multiple reprices experienced). Mortgage rates are still in record ...
Thu, Aug 11 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-31
...
Wed, Aug 10 2011, 12:47 PM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending August 5th, 2011.
On May 18th...
Wed, Aug 10 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-23 : +0-25
...
Wed, Aug 10 2011, 10:29 AM
Freddie Mac released its second quarter financial statement
on Tuesday and showed dramatically better results than its sister enterprise
Fannie Mae....
Wed, Aug 10 2011, 9:21 AM
This
unrelated-to-mortgage banking short clip of a marriage proposal will take your
mind off the markets: GoodCatch !
Maybe it will take l...
Wed, Aug 10 2011, 8:55 AM
Equity markets soared in the final 110 minutes of trading on Tuesday, but optimism appears to have petered out overnight.
After the Federal Reserve...
Wed, Aug 10 2011, 6:40 PM
We experienced some wild price swings today but consumer borrowing costs improved in the end. In many cases those improvements were significant.
C...
Wed, Aug 10 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
102-07 : +1-09
...
Wed, Aug 10 2011, 1:23 PM
Have a bright idea about how the
government can best liquidate the current huge inventory of owned real estate
(REO) currently held by FHA, Fannie M...
Tue, Aug 9 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Aug 9 2011, 9:08 AM
The July
edition of the Obama Administration's Housing Scorecard was released on Friday
and continues to broadcast mixed signals as home prices impr...
Tue, Aug 9 2011, 9:03 AM
"There's
no time to stop for gas, we're already late." One has to think about the
warped logic that is behind that statement, just as one has to thi...
Tue, Aug 9 2011, 8:19 AM
An early read from morning markets suggests the equity unraveling might be over, but much depends on the monetary policy announcement from the Federal...
Tue, Aug 9 2011, 4:57 PM
We've used the word "nuts" in the past to describe extra volatile movements in the mortgage market, but today takes the cake. Many market records wer...
Tue, Aug 9 2011, 4:16 PM
MBSonMND : MBS RECAP
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FNMA 3.5
100-20 : +0-23
...
Mon, Aug 8 2011, 10:50 AM
Fannie Mae posted yet another multi-billion dollar
loss during the second quarter of 2011 according to papers filed with the
Securities and Exchange...
Mon, Aug 8 2011, 10:45 AM
Had the proposed rules defining Qualified Residential
Mortgages (QRM), the loans that would be exempt from the retained risk
requirements of the Dod...
Mon, Aug 8 2011, 10:06 AM
What do
Canada, Germany, France and the United Kingdom have in common? Their debt (and
a few other smaller countries) is rated AAA by Standard & Poo...
Mon, Aug 8 2011, 9:48 AM
Rise and Shine. S&P cut the U.S. credit rating and the world is not imploding!
This is what MG wrote this AM for our MBSonMND community. It's a g...
Mon, Aug 8 2011, 7:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Aug 8 2011, 6:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Mon, Aug 8 2011, 4:15 PM
Last week the intense rally in bond markets helped mortgage rates reach
their best levels of the year, but the rally came to an end on Friday. Then ...
Sun, Aug 7 2011, 8:32 PM
By now you've likely heard the news. The childish behavior of our nation's political "leadership" has led to the first ever downgrade of the U.S. cred...
Fri, Aug 5 2011, 12:26 PM
As anticipated, the vacancy rate for rental units
dropped again in the second quarter of 2011 according to the Residential
Vacancies and Homeowner...
Fri, Aug 5 2011, 11:55 AM
If you
want a job, should you go to The Great State of Texas? (Unofficial motto:
"So what if it's a little hot?") Maybe: ButItsADryHeat
Think...
Fri, Aug 5 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
99-19 : -0-29
...
Fri, Aug 5 2011, 11:17 AM
The Bureau of Labor Statistics has released the July Employment Situation Report (after a 30 minute delay).
Total nonfarm payroll
employment ...
Fri, Aug 5 2011, 8:26 AM
The risk of a double-dip recession is on the markets' mind this morning after Thursday's violent sell-off. The early morning employment report will b...
Fri, Aug 5 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Aug 5 2011, 3:32 PM
To put it bluntly, not good...
Home loan borrowing costs moved higher after a better than expected jobs report this morning. The one-week winning s...
Thu, Aug 4 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
99-30 : +0-20
...
Thu, Aug 4 2011, 10:20 AM
RMIC
threw in the proverbial towel Wednesday afternoon. "We wish to inform you that Republic
Mortgage Insurance Company (" RMIC ") will discontinu...
Thu, Aug 4 2011, 8:29 AM
Wednesday's fast-trading volatile session ended with some respite as Treasuries finished where they began and equities turned slightly upwards, but th...
Thu, Aug 4 2011, 4:44 PM
The craziness continues...
Mortgage rates and most things related to bonds have
ventured back into record setting territory. Stock markets are at ...
Thu, Aug 4 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-16 : +1-05
...
Thu, Aug 4 2011, 3:04 PM
Short covering has played a pivotal role in the surprisingly strong rates rally we've enjoyed over the past 5 sessions.
"Short covering" is when...
Wed, Aug 3 2011, 12:37 PM
Two of housing's major players have weighed
in with comments on proposed standards for mortgage risk retention under the
Dodd-Frank Wall Street Refo...
Wed, Aug 3 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
99-18 : +0-15
...
Wed, Aug 3 2011, 11:04 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 29, 2011.
Excerpts fro...