Tue, May 31 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-22 : +0-03
...
Tue, May 31 2011, 9:05 AM
The week ahead holds key jobs data that will likely dictate market directionality as the 2nd Quarter comes to a close. The monthly Employment Situati...
Tue, May 31 2011, 5:33 PM
The holiday shortened week ahead will culminate with a high-risk event: the release of the monthly Employment Situation Report on Friday morning. This...
Tue, May 31 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-22 : +0-03
...
Tue, May 31 2011, 3:00 PM
The March S&P/Case Shiller Home Price Indices ,
released by Standard & Poor's, paint an increasingly clear
picture of the "double dip" in U.S. ho...
Tue, May 31 2011, 2:41 PM
The
latest impediment to non-agency securitization stemming from the Dodd-Frank Act
is the proposal to create "premium capture cash reserve accounts...
Fri, May 27 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-23 : -0-06
...
Fri, May 27 2011, 9:21 AM
I saw a poor old lady fall over today on the
ice!! At least I presume she was poor - she only had $1.20 in her
purse.
That is probably not
eno...
Fri, May 27 2011, 8:25 AM
Treasuries are backing up slightly after a strong rally pushed yields to new 2011 lows on Thursday. And mortgages are following the leader, which mean...
Fri, May 27 2011, 4:26 PM
"The Wall"
absorbed a direct hit yesterday. A sizeable crack is now visible in the
metaphorical structure that stands in the way of lower mortga...
Fri, May 27 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-19 : -0-10
...
Fri, May 27 2011, 3:30 PM
Today is the deadline to submit feedback on the Consumer Financial Protection Bureau's first attempt at combining the Good Faith Estimate and Truth in...
Fri, May 27 2011, 1:13 PM
The National Association of Realtors® (NAR) released its April Pending
Home Sales Index (PHSI ) today. The index is said to be a leading indicato...
Thu, May 26 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-20 : +0-15
...
Thu, May 26 2011, 10:54 AM
"Rate sheet influential" MBS coupons are following Treasury prices higher as traders cover short positions before the long weekend ahead.
This bul...
Thu, May 26 2011, 10:32 AM
Sorry the commentary is a little late this
morning. My neighbor pounded on my wall at 2:30 AM this morning. Can you
believe that...2:30AM?! Luckily...
Thu, May 26 2011, 8:27 AM
Loan pricing looks to weaken moderately this morning as bond prices fell overnight and equities rose on news that China would be investing in Portugue...
Thu, May 26 2011, 5:14 PM
"The Wall"
absorbed a direct hit today. A sizeable crack is now visible in the
metaphorical structure that stands in the way of lower mortgage r...
Thu, May 26 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-28 : +0-24
...
Thu, May 26 2011, 3:11 PM
Foreclosed properties continued to impact the
home sales market during the first quarter of 2011
according to a report released Thursday by Real...
Thu, May 26 2011, 2:02 PM
Treasury just finished its final auction of the week with a $29 billion 7-year note offering.The fundraising process went smoothly, completing the...
Wed, May 25 2011, 12:23 PM
Shortly after rates hit their best levels of the day around 10:20am, which prompted us to issue a positive reprice alert, profit takers rang the regis...
Wed, May 25 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-06 : +0-01
...
Wed, May 25 2011, 10:13 AM
Pssst... Goldman Sachs is in buying jumbo
mortgages . "Goldman has been stockpiling jumbo mortgages at a rate
that far exceeds the buying activity ...
Wed, May 25 2011, 9:41 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending May 20, 2011.
The MBA's lo...
Wed, May 25 2011, 8:28 AM
Treasuries are modestly weaker across the curve in early morning trading while equities too look for a softer open. "Worries over Greece's fate and ...
Wed, May 25 2011, 5:07 PM
The Republican led House Financial Services Committee has drafted legislation that would, among other things, raise the FHA down-payment requirement ...
Wed, May 25 2011, 5:06 PM
Home
loan borrowing costs are still hovering near six-month lows but forward
progress continues to be challenging. We've described the recent behavi...
Wed, May 25 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-05 : -0-01
...
Wed, May 25 2011, 1:51 PM
Treasury just auctioned $35 billion 5-yr notes.
Demand metrics were strong on all fronts. The bid-to-cover ratio came in at 3.20 bids submitted f...
Tue, May 24 2011, 11:45 AM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for April 2011.
New Residential S...
Tue, May 24 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-27 : -0-03
...
Tue, May 24 2011, 11:16 AM
We can bicker over underwriting guidelines,
disclosure documents, or turn times, but the flooding and tornado disasters
that have befallen many stat...
Tue, May 24 2011, 8:47 AM
Loan pricing is set to weaken this morning as "rate sheet influential" MBS coupons are following benchmark Treasury prices lower after once again fail...
Tue, May 24 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-04 : +0-06
...
Tue, May 24 2011, 4:00 PM
Nothing new to report. Afternoon loan pricing weakness yesterday was recovered today. Home loan borrowing costs continue to hover near six month lows....
Tue, May 24 2011, 3:46 PM
Federal Reserve Governor Elizabeth Duke told an
audience that while financial education has always been important in helping
consumers make better e...
Tue, May 24 2011, 1:46 PM
Last December the Mortgage Bankers Association (MBA)
assembled a task force to examine and issue recommendations for the future of
residential mortg...
Mon, May 23 2011, 11:29 AM
I don't know if this
quite falls under the "No good deed goes unpunished" category, but
the proposed simplified combined version of the GFE and TI...
Mon, May 23 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-05 : +0-06
...
Mon, May 23 2011, 9:23 AM
Treasury yields have rallied close to calendar year lows Monday morning as euro zone debt concern weigh on investor sentiment. Fitch Ratings cut its...
Mon, May 23 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : -0-01
...
Mon, May 23 2011, 4:09 PM
Home loan borrowing costs continue to hover near six month lows.
Continued improvements have however been hard to come by since the
recent rally h...
Mon, May 23 2011, 1:51 PM
Federal Housing Finance Agency Acting Director Edward J.
DeMarco told members of Congress last week that increased transparency in mortgage backed se...
Fri, May 20 2011, 12:18 PM
It is easy for originators to focus on daily
rate sheets, mostly determined by what the MBS market is doing. But sometimes
it helps to be reminded t...
Fri, May 20 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-31 : +0-03
...
Fri, May 20 2011, 9:00 AM
Treasuries are strengthening Friday morning on the back of uncertain global markets. The benchmark 10-year yield is at 3.15% in early trading, a firm...
Fri, May 20 2011, 4:52 PM
Home loan borrowing costs improved slightly today but remain well
within the recent range.
CURRENT MARKET : The "Best Execution" conventional 30...
Fri, May 20 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : +0-02
...
Fri, May 20 2011, 1:14 PM
The US housing market may be entering a "third stage" of foreclosures according to the MBA's Chief Economist Jay Brinkman.
The initial fallout from...
