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
Open MBS Live Dashboard
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
Open MBS Live Dashboard
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
Open MBS Live Dashboard
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
Open MBS Live Dashboard
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
Open MBS Live Dashboard
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
Open MBS Live Dashboard
FNMA 3.5
...
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
Open MBS Live Dashboard
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
Open MBS Live Dashboard
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 ...
Wed, Oct 26 2011, 10:29 AM
Mobile
homes: personal or real property? This may shed some light on the issue.
First RMIC, then PMI, now...Genworth ? And at some point eve...
Wed, Oct 26 2011, 8:46 AM
Mortgage application volume
bounced back from the previous holiday-shortened reporting period to end the
week of October 21 up almost five percent....
Wed, Oct 26 2011, 8:42 AM
The Treasury curve steepened overnight and equities returned to rally mode as the market waits for the European Summit to begin at Noon eastern time. ...
Wed, Oct 26 2011, 5:20 PM
Today's much anticipated Summit in
Europe sent Mortgage Rates very slightly higher, but
overall, the changes were minor, especially when compar...
Wed, Oct 26 2011, 4:21 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Oct 25 2011, 11:19 AM
If you've had time for a quick check of MBS prices, you're already aware of the rally. Bond markets have been mostly rallying all morning as stocks h...
Tue, Oct 25 2011, 11:17 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Oct 25 2011, 10:57 AM
We have six
days until Halloween, after which, it seems, the pumpkin lots magically
transform into Christmas tree lots. Halloween goes back to Celti...
Tue, Oct 25 2011, 8:28 AM
European bourses are offering little direction this morning while traders wait another day for the next meeting of European officials. Treasuries are ...
Tue, Oct 25 2011, 5:12 PM
One of the possibilities we've been following, moreso around the 19th and 20th than recently, has been the possibility (or overly-optimistic hope?) th...
Tue, Oct 25 2011, 4:49 PM
As is
eternally possible these days, news out of the Eurozone sent shockwaves through
markets today and this time it worked to the advantage of Mo...
Tue, Oct 25 2011, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
101-17 : +0-20
...
Tue, Oct 25 2011, 1:34 PM
The take-away message from the August S&P/Case-Shiller
Home Price Index (HPI) numbers published today appears to be, it's not as bad
as last year....
Tue, Oct 25 2011, 1:29 PM
The Federal Housing
Finance Agency (FHFA) has released its monthly House Price Index for
August. The index calculates prices paid
to purchase ho...
Mon, Oct 24 2011, 12:46 PM
If you haven't heard/seen from multiple sources, multiple times, the story of the morning is certainly the long-awaited release of more information on...
Mon, Oct 24 2011, 12:07 PM
In advance of a speech in Nevada later
today in which President Obama is expected to expand on the initiative, the
Federal Housing Finance Agency (F...
Mon, Oct 24 2011, 11:30 AM
(Sorry so late this AM, busy morning oversight!)
Key Events This Week:
Monday:
9:00 - Richard Fisher , president of the Dallas Federal R...
