Fri, Feb 18 2011, 12:48 PM
Americans
are increasingly turning away from variable rate mortgage products when
refinancing according to the Quarterly Product Transition Report...
Fri, Feb 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Feb 18 2011, 11:01 AM
The
Department of Housing and Urban Development (HUD) has premiered a quarterly publication
that will highlight policy-relevant research for policy ...
Fri, Feb 18 2011, 10:57 AM
There's a saying, "We are born naked, wet, and hungry. And then things get worse." But perhaps, just perhaps, smaller mortgage brokers and bankers won...
Fri, Feb 18 2011, 8:34 AM
The bellwether 10-year Treasury is yielding 3.59% this morning, after firming five basis points to 3.57% on Thursday.
Equity futures are flat this ...
Fri, Feb 18 2011, 4:29 PM
Although costs inched slightly higher today, the overall picture of this
week in mortgage rates was finalized today and it doesn't look too bad.
I...
Fri, Feb 18 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Feb 17 2011, 11:38 AM
The
House Financial Services Committee conducted hearings on Wednesday on
Government Barriers to the Housing Market Recovery, hearing from speakers
...
Thu, Feb 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Feb 17 2011, 10:51 AM
Lots of econ data came out this morning and for the most part has had
good effects on the bond market as a whole, including MBS. FNCL 4.5's
are u...
Thu, Feb 17 2011, 9:52 AM
They've barely cleaned up the confetti from the Super Bowl parade, and already baseball's spring training is upon us. Here is something non-mortgage r...
Thu, Feb 17 2011, 9:22 AM
The bellwether 10-year Treasury remained stable at 3.62% on Wednesday.
Overnight it firmed one basis point to 3.61%. The two-year note
currently y...
Thu, Feb 17 2011, 4:55 PM
A 3 day winning streak for mortgage rates ended yesterday, but in gentle
fashion. This allowed us to keep our best execution 30-year fixed mortgage r...
Thu, Feb 17 2011, 4:22 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Feb 17 2011, 1:44 PM
There was a lot of good news in the Fourth Quarter National
Delinquency Study released by the Mortgage Bankers Association (MBA)
Thursday. First, t...
Wed, Feb 16 2011, 12:40 PM
Some reprices for the worse have already been seen and more may
follow if current trends prevail or even if they simply fail to reverse
course. ...
Wed, Feb 16 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
92-31 : -0-10
...
Wed, Feb 16 2011, 11:06 AM
The jumbo market is taking baby steps in the right direction. Redwood Trust Inc .
is marketing a $280 million residential mortgage-backed security,...
Wed, Feb 16 2011, 10:27 AM
The Market Composite Index, a measure of
mortgage loan application volume, decreased 9.5 percent on a seasonally
adjusted basis from one week earlie...
Wed, Feb 16 2011, 9:00 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for January 2010....
Wed, Feb 16 2011, 8:18 AM
The benchmark 10-year Treasury note yield rose one basis points to
3.62% on
Tuesday. Treasuries weakened in early overnight trading amid light
v...
Wed, Feb 16 2011, 4:55 PM
Yesterday we shared news that mortgage rates were on a three day
winning streak. This allowed us to update our best execution 30-year fixed mortgage ...
Wed, Feb 16 2011, 4:22 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Feb 16 2011, 2:29 PM
Plain and Simple : The minutes note an improving confidence
level among Board members but Fed officials remain efensive due to
anemic growth pros...
Tue, Feb 15 2011, 12:17 PM
The
nation's homebuilders are still seeing a lot of dark tunnel ahead judging by their
responses in the most recent survey of attitudes about the ho...
Tue, Feb 15 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
93-04 : +0-03
...
Tue, Feb 15 2011, 11:17 AM
MERS is not allowed to transfer mortgages, and cannot act as an agent of the banks that own mortgages?
So ruled a judge in New York, who added that...
Tue, Feb 15 2011, 10:14 AM
U.S. Department of Housing and Urban Development (HUD) Secretary Shaun
Donovan has released HUD's 2012 Fiscal Year budget request.
The late...
Tue, Feb 15 2011, 9:45 AM
The 10yr note yield hit an overnight yield high of 3.66% prior to the
release of
several economic reports this morning. FNCL 4.5's touched 100-19...
Tue, Feb 15 2011, 8:25 AM
The bellwether 10-year Treasury firmed by four basis points to 3.61% on
Monday. Overnight saw a reversal back to 3.65%. Other maturities are
also ...
Tue, Feb 15 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Tue, Feb 15 2011, 1:41 PM
Mortgage rates are on a three day winning streak!
Yes you read
that correctly. After snapping a 5-day losing streak last Wednesday,
loan prici...
Mon, Feb 14 2011, 11:37 AM
Federal
Reserve Governor Sarah Bloom Raskin called out housing finance players in a
speech on Friday, reminding them of the "low road" they traveled...
Mon, Feb 14 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
93-07 : +0-09
...
Mon, Feb 14 2011, 10:42 AM
The Departments of Housing and Urban Development (HUD) and
Veterans Affairs (VA) have cooperated on another initiative toward their mutual
interest ...
Mon, Feb 14 2011, 10:19 AM
Valentine's Day...Opinions differ as to who was the original
Valentine but the most popular theory is that he was a clergyman who was
executed for...
Mon, Feb 14 2011, 8:36 AM
Coming off a slow week of scheduled data the markets are ready for
activity to pick up in the day's ahead. Monday and Friday each boast
just one F...
Mon, Feb 14 2011, 4:22 PM
We watched defensively last week as mortgage rates teetered on a
ledge. We were searching for an indication that "snowball selling" had
been avoid...
Mon, Feb 14 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Feb 14 2011, 4:12 PM
Since 10:30am, FNCL 4.5's haven't moved more than 2 ticks and continue to operate at or near their highs of the day.
10yr
yields have been simi...
Mon, Feb 14 2011, 3:00 PM
WASHINGTON – As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA
Commissioner David H. Stevens...
Fri, Feb 11 2011, 12:38 PM
If you've been keeping up with housing headlines over the past month
you've probably felt a bit overwhelmed by all the different perspectives
and ...
Fri, Feb 11 2011, 12:37 PM
Word had certainly leaked out about the proposals for Freddie and Fannie that have come out this morning . Reuters broke out a set of options yesterd...
Fri, Feb 11 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
92-30 : +0-18
...
Fri, Feb 11 2011, 10:01 AM
Bond Market May Test Important Targets Today
...
Fri, Feb 11 2011, 8:42 AM
The long-awaited report on the future of housing finance has been released by the Obama Administration.
Below is the presser....
I highlight...
Fri, Feb 11 2011, 8:26 AM
Key Events Today: 8:30 ― The monthly gap in December’s Trade Balance report is
anticipated to grow to $40.5 billion, from $38.3 billion a mont...
Fri, Feb 11 2011, 5:32 PM
Just like sometimes we see profit taking after a
nice rally, sometimes we see profit taking after a sell off.
We're
talking about short sellers....
Fri, Feb 11 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Feb 11 2011, 2:45 PM
A 7-week mortgage rates range was finally broken last Friday. The
directional move that took place afterward was not fence-sitter
friendly. "Best ...