Wed, Aug 3 2011, 10:48 AM
Lots of
folks take vacations during the summer, and many have to ration out their
days-off during the year. How does the amount of vacation you have...
Wed, Aug 3 2011, 8:50 AM
Markets are calm in early trading following a massive flight to quality and equity sell-off on Tuesday. Treasuries weakened modestly overnight before ...
Wed, Aug 3 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
99-09 : +0-07
...
Wed, Aug 3 2011, 4:18 PM
Mortgage rates rallied again today and consumer borrowing costs drifted a little lower.
Deciding whether or not to lock a loan between now and the ...
Wed, Aug 3 2011, 3:51 PM
We've been waiting for this moment for almost 9 months. It has finally come. Beware, there's gonna be some "horn tootin" in this commentary...
From...
Tue, Aug 2 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
98-23 : +0-17
...
Tue, Aug 2 2011, 10:40 AM
And so
the debt ceiling legislation passes the House of Representatives and heads to
the Senate. So the market's attention turns back to the fact th...
Tue, Aug 2 2011, 8:31 AM
A bearish growth outlook remains the dominant theme even as the Senate prepares to vote on a bill, already passed by the House, to raise the debt ceil...
Tue, Aug 2 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
99-03 : +0-29
...
Tue, Aug 2 2011, 2:58 PM
Mortgage rates rallied again today, extending their winning streak to four straight sessions. Positive progress has not been modest either. Improvemen...
Tue, Aug 2 2011, 1:42 PM
Transparency is critical and today much of the paperwork associated with a mortgage is far too confusing.
Recent government regulations have made ...
Mon, Aug 1 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
98-07 : +0-15
...
Mon, Aug 1 2011, 10:19 AM
The Federal Housing Administration's (FHA's) Mortgagee
Review Board (MRB) has posted the results of formal actions taken against 240
lenders for fai...
Mon, Aug 1 2011, 10:09 AM
"I
had amnesia once--or maybe twice." One's mental health is nothing to joke
about, and long days can make folks pretty sleepy (just ask any West Co...
Mon, Aug 1 2011, 9:16 AM
Equity markets are rallying and bond yields are slightly higher after President Obama late Sunday stated that leaders of both parties reached an agree...
Mon, Aug 1 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
98-06 : +0-14
...
Mon, Aug 1 2011, 4:02 PM
Mortgage rates improved last week amidst an atmosphere of major market uncertainty.
It wasn't until Friday though, after exceedingly weak economic...
Mon, Aug 1 2011, 2:29 PM
Originally published in the August 2011 issue of Asset Securitization Report (www.sourcemedia.com)
I
recently completed the book Reckless
En...
Fri, Jul 29 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-18 : +0-27
...
Fri, Jul 29 2011, 10:06 AM
Check out my twice-a-month blog at the STRATMOR Group web site located at www.stratmorgroup.com. The current blog takes a look at QRM and shares d...
Fri, Jul 29 2011, 9:59 AM
"Why do chicken coops have two
doors? Because if they had four doors they'd be sedans."
And thus starts Friday, with very
good rates but a lot o...
Fri, Jul 29 2011, 8:31 AM
Treasuries are even stronger and equities continue to struggle Friday morning after the House postponed voting on Speaker Boehner's deficit-reduction ...
Fri, Jul 29 2011, 6:14 PM
I have some unexpected good news
Amidst an atmosphere of major market uncertainty, consumer borrowing costs improved significantly today. Enough ...
Fri, Jul 29 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-23 : +0-32
...
Thu, Jul 28 2011, 11:52 AM
Raj Date will replace Elizabeth Warren in her role as
Special Advisor to the Secretary of the Treasury for the Consumer Financial
Protection Bureau ...
Thu, Jul 28 2011, 11:36 AM
Heard on
the NPR radio show "Wait, Wait, Don't Tell Me" from Michael Feldman:
"If the US defaults on their debt and our rating is downgraded and the...
Thu, Jul 28 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-20 : +0-15
...
Thu, Jul 28 2011, 8:28 AM
Markets having seemingly stabilized again following a disastrous day in equities on Wednesday. Political noise in Washington remains the dominant them...
Thu, Jul 28 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-22 : +0-17
...
Thu, Jul 28 2011, 3:57 PM
The theme of volatility is ongoing. Loan pricing has moved in the opposite direction from the previous day for 6 sessions in a row now.
The increas...
Thu, Jul 28 2011, 2:44 PM
Pending real estate sales had
another strong showing in June according to the Pending Home Sales Index (PHSI)
released today by the National Associa...
Thu, Jul 28 2011, 2:15 PM
Almost 85 percent of large cities showed
a decrease in foreclosure activity during the first six months of 2011
according to the Mid-year 2011 Met...
Wed, Jul 27 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-10 : -0-08
...
Wed, Jul 27 2011, 10:47 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 22, 2011.
Last week the ...
Wed, Jul 27 2011, 10:03 AM
A loan
agent sent me a joke yesterday: "What's the difference between the US
government and a subprime borrower? None - they borrow money that they ...
Wed, Jul 27 2011, 8:24 AM
The bond market remains steady despite continued uncertainty regarding the U.S. debt ceiling and a possible sovereign credit downgrade.
The benchma...
Wed, Jul 27 2011, 5:06 PM
Although BestExecution quotes didn't change today, the borrowing
costs associated with those rates rose enough to erase yesterday's
improvements, pl...
Wed, Jul 27 2011, 5:01 PM
UBS Americas Inc., several of its
subsidiaries, and four former executive officers were sued Wednesday morning in
U.S. District court for the Southe...
Wed, Jul 27 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-08 : -0-10
...
Tue, Jul 26 2011, 12:04 PM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for June 2011.
New Residential S...
Tue, Jul 26 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-15 : +0-10
...
Tue, Jul 26 2011, 10:15 AM
Today
marks the 21st anniversary of the signing of the Americans with Disabilities
Act, which guarantees "equal opportunity for people with disabili...
Tue, Jul 26 2011, 8:24 AM
Competing debt ceiling action plans have led to stagnation in Washington and slowly rising interest rates. There has however been little conviction in...
Tue, Jul 26 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-17 : +0-12
...
Tue, Jul 26 2011, 3:59 PM
Home loan borrowing costs enjoyed modest improvements today.
While these gains are encouraging, fear of the unknown has put lenders back on
the ...
Tue, Jul 26 2011, 2:31 PM
Home prices in much of the nation
increased in May according to the S&P/Case
Shiller Home Prices Indices (HPI) released on Tuesday. May was the...
Mon, Jul 25 2011, 11:48 AM
When
somebody begins a sentence with "It would be nice if..." the right
thing to do is to wait politely for the speaker to finish. No project ever g...
Mon, Jul 25 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-10 : -0-09
...
Mon, Jul 25 2011, 8:30 AM
The debt ceiling debate is expected to be the primary mover of money in the week ahead. There will however be plenty of economic data to digest along...
Mon, Jul 25 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-06 : -0-12
...
