Wed, May 11 2011, 11:15 AM
Yet another
study has been released which indicates home prices are trending lower. CoreLogic's March Home Price Index (HPI) pegs
that decline ...
Wed, May 11 2011, 10:52 AM
Regardless of what my kids say,
this commentary hasn't been around long enough to have ever been written by
candlelight. But starting next year I wi...
Wed, May 11 2011, 9:56 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 6, 2011. The MBA's loan app...
Wed, May 11 2011, 8:12 AM
Interest rates rose yesterday as stocks rallied and bond investors made room for today's $24 billion 10-year Treasury note auction.
Equity future...
Wed, May 11 2011, 5:15 PM
Despite some volatility earlier in the day, Best-Execution mortgage rates
and borrowing costs are unchanged vs. yesterday's offerings.
After spen...
Wed, May 11 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, May 11 2011, 3:54 PM
Realtors® attending the National
Association of Realtors (NAR) mid-year legislative meetings and trade expo in
Washington heard a panel of housing e...
Wed, May 11 2011, 2:15 PM
Treasury just auctioned $24 billion 10-year notes . Every bid below 3.210% was accepted by Treasury, which was 1.9bps below where the market had p...
Tue, May 10 2011, 11:32 AM
Home prices fell faster in
the first quarter of this year than at any time since the worst of the housing
crisis according to the Real Estate Mark...
Tue, May 10 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-12 : -0-04
...
Tue, May 10 2011, 10:31 AM
Yesterday
I went through denial, anger, bargaining, depression, and acceptance - which
are now the 5 stages of buying gas.
Incidents of mortga...
Tue, May 10 2011, 9:58 AM
The April edition of the Housing Scorecard has been issued by
Treasury and the Department of Housing and Urban Development (HUD). It showed "con...
Tue, May 10 2011, 8:16 AM
Benchmark interest rates traveled higher early in in the overnight session after positive data from China set global equity markets on an upward path....
Tue, May 10 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-02 : -0-14
...
Tue, May 10 2011, 3:46 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is still in the midst of a potentially significant shift l...
Tue, May 10 2011, 3:27 PM
May Freddie and Fannie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY??? ...
Tue, May 10 2011, 1:56 PM
Treasury auctioned $32bn 3s. The bid to cover ratio, a measure of auction demand, was 3.29 bids submitted for every one accepted by TSY. That is ...
Mon, May 9 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-17 : +0-02
...
Mon, May 9 2011, 10:22 AM
Today the village of Plato, Mo.,
(population 109) will celebrate its selection as the "2010 Census Center
of Population" with a little party. "The m...
Mon, May 9 2011, 9:16 AM
The monthly Employment Situation Report was expected to be the market's main focus last week, instead plunging commodities prices stole the show and p...
Mon, May 9 2011, 4:36 PM
Not only was today quiet in terms of trading volume, but there wasn't much directionality in charts either. Ranges were narrow and only tightened as t...
Mon, May 9 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-18 : +0-04
...
Mon, May 9 2011, 3:36 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is now in the midst of a potentially significant shift low...
Fri, May 6 2011, 11:41 AM
As Dodd-Frank loan officer compensation regulations became a reality in early April, I started seeing new pay practices emerge in my reviews.
Sever...
Fri, May 6 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-06 : -0-09
...
Fri, May 6 2011, 10:55 AM
Freddie
Mac reported on Thursday that homeowners continue to hit barriers when looking to refinance their home, although it's not clear whether this ...
Fri, May 6 2011, 10:46 AM
Figures released by the Mortgage Bankers Association
(MBA) indicate that commercial and multifamily mortgage market may be coming
back to life.
...
Fri, May 6 2011, 10:37 AM
The driving force behind Mother's
Day was Anna Jarvis, who organized observances in Grafton, W.Va., and
Philadelphia on May 10, 1908. As the annual ...
Fri, May 6 2011, 9:30 AM
The April Employment Situation Report has been released.
Nonfarm payroll employment rose by 244,000 in April, and the unemployment rate edged u...
Fri, May 6 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, May 6 2011, 2:57 PM
After spending the first four months of 2011 in a tight range, the primary mortgage market is now in
the midst of a potentially significant shift low...
Thu, May 5 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-04 : +0-05
...
Thu, May 5 2011, 11:00 AM
For over
three years the news has been filled with discussions of foreclosures, mortgage
fraud, derivatives, the failure of Freddie Mac and Fannie M...
Thu, May 5 2011, 10:42 AM
Cinco de Mayo does not mark the
discovery of tequila, but instead celebrates the legendary Battle of Puebla on
May 5, 1862, in which a Mexican force...
Thu, May 5 2011, 8:20 AM
Benchmark interest rates inched even lower last night as investors geared up for Friday's nonfarm payrolls report. Bonds have been rallying for four w...
Thu, May 5 2011, 5:12 PM
After spending the first four months of 2011 in a tight range, we're now in
the midst of a potentially significant shift lower in home loan
borrowin...
Thu, May 5 2011, 4:51 PM
The April Employment Situation Report will be released tomorrow morning. In advance of this high-profile economic event, a wind of fundamental change ...
Thu, May 5 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-13 : +0-14
...
Thu, May 5 2011, 1:02 PM
Every foreclosure related report that issued during the last
few months has increased certainty that the millions of delinquencies and
foreclosures ...
Wed, May 4 2011, 12:09 PM
Both benchmark rates and production MBS coupon prices have bounced around a large yet well-defined range so far in 2011. There have been moments when...
Wed, May 4 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-31 : +0-08
...
Wed, May 4 2011, 10:00 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending April 29, 2011.
The MBA's lo...
Wed, May 4 2011, 9:26 AM
Senior loan officers responding to the April 2011 Federal
Reserve Bank survey on bank lending practices indicated that, on net, bank
lending sta...
Wed, May 4 2011, 8:47 AM
This plan
is simple, like my brother-in-law Tony. But unlike Tony, this plan just might
work.
When an
originator locks a loan with an investor o...
Wed, May 4 2011, 8:13 AM
Benchmark yields shot lower on the Japanese open last night but have since backed up a few bps as traders trimmed profits and balanced positions ahead...
Wed, May 4 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, May 4 2011, 2:36 PM
After spending the first four months of 2011 in a tight range, we may be witnessing the early stages of a significant shift lower in home loan borrow...
Wed, May 4 2011, 1:21 PM
Last month
marked the 151st anniversary of the Pony Express, the communications link from
St. Joseph to San Francisco. News and mail took 11 days (w...
Tue, May 3 2011, 11:24 AM
This article was originally published in the May issue of Asset Securitization Report As part of a joint initiative, the FHFA and HUD recently rele...
Tue, May 3 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
