Thu, Feb 3 2011, 8:47 AM
If you've been a long time MBS Commentary reader you know we had an
ax to grind on labor productivity and its impact on hiring trends. Many
econo...
Thu, Feb 3 2011, 8:15 AM
Stocks and bonds are both getting beat up as investors look ahead to
ISM services data, a new jobless claims report, productivity figures,
and com...
Thu, Feb 3 2011, 5:18 PM
The 4.875 sweet spot on C30 rate sheets didn't really changed much
when benchmarks traded between 3.3 and 3.50. But outside those marks
(3.56 is a...
Thu, Feb 3 2011, 5:03 PM
It's been about a month since the last Employment Situation Report
was released. What we had to say about it then is pretty much the same
thing w...
Thu, Feb 3 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Feb 2 2011, 11:59 AM
On to Part VII of compensation Q&A - remember that company's
individual policies may differ from these to some extent, as there is
still a lot of ...
Wed, Feb 2 2011, 11:24 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
94-24 : -0-05
...
Wed, Feb 2 2011, 10:01 AM
Regardless of Mother Nature's unknown statistical influence on this
data, the overall payroll trend is obvious....IT'S POSITIVE.
Clearly
the H...
Wed, Feb 2 2011, 9:45 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending January 28,
2011. The Market ...
Wed, Feb 2 2011, 8:06 AM
Treasuries detached from the stock lever yesterday and the rates
range was reinforced as benchmarks benefiited from supportive bargain
buying and ...
Wed, Feb 2 2011, 5:49 PM
There's really no reason to overcomplicate things at this point.
There is a TON of economic data coming out tomorrow, all throughout the
day....
Wed, Feb 2 2011, 4:24 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Feb 2 2011, 3:27 PM
Citing the
limited benefits of proceeding with it and the potential compliance difficulties that would arise from it,
the Federal Reserve Board had ...
Wed, Feb 2 2011, 2:35 PM
The outer limits of the recent range are being tested.
The range has been the range for more than a month now. This range
has been 3.30 to 3.50% ...
Wed, Feb 2 2011, 1:37 PM
HUD's definition of Worst Case Housing Needs (WCN):
unassisted very low-income renters who either (1) pay more than one-half
of their monthly i...
Tue, Feb 1 2011, 12:46 PM
The U.S.
Departments of Treasury and Housing and Urban Development (HUD) have jointly issued
the January Housing Scorecard . The Scorecard is ...
Tue, Feb 1 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Feb 1 2011, 10:01 AM
ISM data is important because it's one of the first chances we get to
gauge economic activity in the most recent month. It sorta sets the
tone for...
Tue, Feb 1 2011, 9:52 AM
Well, not that the market has turned, but the amount of chatter out
there in the ranks about ARM loans is increasing by the day. Maybe folks
are b...
Tue, Feb 1 2011, 8:31 AM
Benchmark interest rates suffered yesterday as "flight to safety"
funds were unwound from U.S. Treasuries and reallocated into equity
markets.
...
Tue, Feb 1 2011, 5:16 PM
I have a prediction...
I know what the market is going to do tomorrow.
Yes! Even before it happens!!
I just KNOW (note sarcasm please) th...
Tue, Feb 1 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
94-27 : -0-16
...
Tue, Feb 1 2011, 3:24 PM
The Federal Reserve Bank periodically conducts a survey among
senior loan officers at major banks on current lending practices. There are
generally ...
Tue, Feb 1 2011, 2:29 PM
It's important to learn to recognize the signs... You might feel
tired, cranky, sarcastic, dismissive, or just plain sad. In some cases,
you cou...
Tue, Feb 1 2011, 1:20 PM
Considerable uncertainty surrounds the recently postponed issuance of
the mortgage securitization regulations required by the Dodd-Frank Act
(DFA)...
Mon, Jan 31 2011, 12:44 PM
The stock lever is exerting originator unfriendly pressures on benchmark Treasuries today.
As stocks recover from last Friday's sell-off, invest...
Mon, Jan 31 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
95-16 : -0-01
...
Mon, Jan 31 2011, 11:09 AM
President Obama gave the State of the Union Address last Tuesday. You either loved it or hated it.
Supporters
say he inspired a feeling of ...
Mon, Jan 31 2011, 9:53 AM
The Bill of Rights within the Constitution of the United States is a
precious thing to Americans who value freedom. It serves to protect us
from w...
Mon, Jan 31 2011, 9:38 AM
It is the last day of January already? Time flies. This year we have 4
unusual dates: 1/1/11, 1/11/11, 11/1/11 and 11/11/11. Is it a
coincidence t...
Mon, Jan 31 2011, 8:51 AM
Turmoil in Egypt and the broader middle-east continues to weigh on
investors. As riots broke out late last week, U.S. equity markets saw
their ste...
Mon, Jan 31 2011, 5:50 PM
Just like the first three weeks of the month, the last week was all
about the range in the primary mortgage market. If you're a first time
reader ...
Mon, Jan 31 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Jan 31 2011, 3:10 PM
The Census Bureau has released its survey of Residential
Vacancies and Homeownership for the fourth quarter of 2010.
Homeowner Vacany an...
Fri, Jan 28 2011, 11:19 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Jan 28 2011, 10:42 AM
This week we discussed the outlook for home prices and shared
perspective on whether or not now is a good time to buy. This is the
best guidance w...
Fri, Jan 28 2011, 10:38 AM
Although the 74.2 reading on Consumer Sentiment was slightly higher
than consensus estimates of 73.2, the fact that it did not beat the 74.5
Decem...
Fri, Jan 28 2011, 10:26 AM
We're on to Part IV of the LO compensation series, noting the Fed's
responses to the MBA's questions. Remember that company's individual
policies ...
Fri, Jan 28 2011, 8:28 AM
A slim gain pushed the benchmark S&P 500 to its highest level since
August 2008 yesterday. On the final day of the week, equities are
improved eve...
Fri, Jan 28 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
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Fri, Jan 28 2011, 4:14 PM
The word of the month in the primary mortgage market is " RANGE ". <<<---- We wrote that last Friday.
On Monday we said a storm was a brewin. "Don...
Fri, Jan 28 2011, 1:04 PM
Concurrent with a 1.4% stock sell off and civil unrest abroad,
benchmark Treasuries have benefitted from a flight to safety. This has
led "rate sh...
Thu, Jan 27 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Jan 27 2011, 11:13 AM
Pending home sales improved further in December, marking the fifth gain
in the past six months, according to the National Association of
Realtors®...
Thu, Jan 27 2011, 9:57 AM
Stories in today's Pipeline Press: Part 3 of the Fed answers to the MBA's list of questions. Cross Channel Envy. There is always a program or underwri...
Thu, Jan 27 2011, 8:28 AM
Interest rates are up and equity futures are slightly improved this
morning after Standard & Poor’s cut Japan’s sovereign credit rating
one notch ...
Thu, Jan 27 2011, 5:36 PM
So we picked up the rocks and moved them to the other side of the room
today. Tomorrow we’ll probably just move the rocks back to the other
side ...
Thu, Jan 27 2011, 5:35 PM
After the "high risk events" of the week reached a crescendo
yesterday, today's market movements offered a bit of reprieve for
mortgage rate watch...
Thu, Jan 27 2011, 4:16 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Jan 27 2011, 2:43 PM
Another party, this time from the progressive side of the
debate, has chimed in with its prescription for reforming the nation's housing
finance sys...
