Tue, Sep 20 2011, 2:13 PM
Ever since the abundance of data last Thursday morning, the general expectation has been for a decrease in volume and directionality heading into tomo...
Tue, Sep 20 2011, 2:13 PM
Building permits ( charts ) were issued in August
at a 3.2 percent higher rate than in July, but housing starts ( chart ) fell even further
than e...
Mon, Sep 19 2011, 12:50 PM
Home sales may be stagnant but,
according to data released on Monday by Buildfax, homeowners are increasingly
upgrading the homes they already ha...
Mon, Sep 19 2011, 12:39 PM
The Housing Market Index (HMI) release
today by the National Association of Home Builders (NAHB)/Wells Fargo remained
virtually unchanged for the ...
Mon, Sep 19 2011, 11:53 AM
At the same time the Acting Director of the FHFA is considering loosening guidelines or reducing fees in conjunction with an expanded HARP offering, h...
Mon, Sep 19 2011, 11:48 AM
Two Appellate Courts in California, citing two
separate rationales, have upheld the legal standing of MERS to foreclose .
In Calvo v. HSBC ...
Mon, Sep 19 2011, 11:46 AM
Welcome to
Talk Like a Pirate Day. Of course, 3.14159...% of sailors are Pi Rates.
Yesterday through next Sunday is "National Singles Week", sta...
Mon, Sep 19 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 19 2011, 8:42 AM
Housing and monetary policy. Those are the themes dominating an otherwise light data docket this week. But investor focus could be more attuned to the...
Mon, Sep 19 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 19 2011, 3:10 PM
Earlier this month, we asked what it might take to break the "concrete ceiling" in MBS. Then again we revisitied longer term MBS charts at the end ...
Mon, Sep 19 2011, 3:07 PM
Building on Friday's late day comeback, news out of Europe helped US Bond
Markets (Including the Secondary Mortgage Market) to walk in the door in
r...
Fri, Sep 16 2011, 12:59 PM
Representative Darrell Issa (R-CA), has requested information
from the Federal Housing Finance Agency on what he said might be a "back-door
bailout...
Fri, Sep 16 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Sep 16 2011, 11:11 AM
Volatile couple of days for MBS... After a moderate day of losses yesterday, MBS were down again this morning, and with limited impact expected from ...
Fri, Sep 16 2011, 10:40 AM
"I
went for my routine check-up today and everything seemed to be going fine
until he asked me to drop my shorts! Do you think I should change
den...
Fri, Sep 16 2011, 8:30 AM
Treasuries are a wee bit firmer and equity futures are lower as investors adopt a cautious stance after a four-day run.
The 10-year Treasury yield...
Fri, Sep 16 2011, 4:24 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Sep 16 2011, 2:51 PM
After a rough morning, the secondary mortgage market recovered enough to claw
back nearly to yesterday's levels. That
leaves borrowing costs requi...
Fri, Sep 16 2011, 2:03 PM
David
H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) told a
Senate hearing this week that MBA's
members are concerned ab...
Thu, Sep 15 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Sep 15 2011, 10:57 AM
Welcome to
National Hispanic Heritage Month, which started with a week-long tribute in
1968 under President Lyndon Johnson, but was expanded in 1988...
Thu, Sep 15 2011, 9:30 AM
Foreclosure filings spiked during August, driven by a large increase in early-stage filings according to the U.S. Foreclosure Market Report released b...
Thu, Sep 15 2011, 8:24 AM
European equity markets are up more than 2% and leading U.S futures higher as the market awaits five key data points this morning.
The 10-year Trea...
Thu, Sep 15 2011, 4:40 PM
The borrowing costs required for average Mortgage
Rates rose today, in some cases high enough to nudge the actual interest
rate an eighth of a poi...
Thu, Sep 15 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Sep 15 2011, 3:56 PM
Fannie Mae has released the results of
its new Servicer Total Achievement and Rewards (STAR) program for the first
half of 2011. STAR, which was...
Thu, Sep 15 2011, 1:36 PM
To provide some background for the charts we're about to see, here's what we wrote this morning: "The 9am spike we can obviously attribute to the Euro...
Wed, Sep 14 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Sep 14 2011, 10:57 AM
"A
clever person solves a problem. A wise person avoids it." But at this
point, most believe that it is too late to avoid the problems in the mortga...
Wed, Sep 14 2011, 10:17 AM
Mortgage applications jumped 6.3 percent on a
seasonally adjusted basis during the holiday-shortened week ended September 9
according to data relea...
Wed, Sep 14 2011, 8:35 AM
Treasury yields are backing up and equity futures are looking to open higher despite two downgrades on French banks from Moody's and warnings from Chi...
Wed, Sep 14 2011, 4:52 PM
We talk about MBS having a tendency to lose ground at a gentler pace than Treasuries when bond markets in general are weakening. This "spread tighten...
Wed, Sep 14 2011, 4:26 PM
Although BestExecution Mortgage
Rates didn't improve today, there were generally some very slight improvements in the costs involved in obtainin...
Wed, Sep 14 2011, 4:23 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Sep 14 2011, 3:46 PM
Last month the Federal Housing Finance Agency (FHFA) asked
for input on a plan it is considering to augment the Real Estate-Owned (REO) disposition...
Tue, Sep 13 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Sep 13 2011, 10:34 AM
Even dumpsters can be turned into homes - but
what about the comps? Is There Room For The Rat?
Rates are great, but no experienced loan
...
Tue, Sep 13 2011, 10:09 AM
The "Stock Lever" is one of those concepts we reference fairly regularly here, but have you ever wondered how relevant it actually is? Could it be th...
Tue, Sep 13 2011, 8:15 AM
Wild swings continue to be the norm in the market as the European debt crisis remains central to how investors trade.
The 10-year Treasury yield ...
Tue, Sep 13 2011, 4:24 PM
Today's post might as well be yesterday's.
Precious few differences exist
between today and yesterday in the world of Mortgage Rates .
Whereas...
Tue, Sep 13 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 12 2011, 11:34 AM
Don't
forget that we're one week away from "Talk Like a Pirate Day." Of
course, to err is human; to arr is pirate.
The next
time you're thinking...
Mon, Sep 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 12 2011, 8:42 AM
Markets are nearly certain that Greece will default on its debt after a weekend meeting of financial ministers in Marseille, France, failed to produ...
Mon, Sep 12 2011, 4:54 PM
Apart from the mid-day drama surrounding rumors that China was set to buy Italian Bonds, and to a a lesser-extent, Dallas Fed Pres Fisher's reference ...
Mon, Sep 12 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Mon, Sep 12 2011, 4:12 PM
Yet another fairly uneventful day
has come and gone in the world of Mortgage Rates . For the most part, things were somewhere
between "unchanged" ...
Mon, Sep 12 2011, 1:54 PM
Four out of five of the major groups that invest in
commercial/multifamily mortgages saw delinquency rates fall during the second
quarter of 201...
Fri, Sep 9 2011, 12:22 PM
The House
Subcommittee on Capital Markets and Government Sponsored Enterprises took its
microphones to New York City on Wednesday for a field hearin...
