Wed, Feb 23 2011, 8:38 AM
Equity
futures are rebounding after anti-government riots in oil-rich Libya
initiated the worst single-day sell-off since August yesterday. As
s...
Wed, Feb 23 2011, 3:31 PM
The uptrend in existing-home sales continues, with January sales rising
for the third consecutive month with a pace that is now above year-ago
lev...
Tue, Feb 22 2011, 9:47 AM
What is the public hearing and seeing regarding the April Fool's Day changes?
"Starting April 1, under a new compensation rule from the Federal
R...
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...
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, 10:26 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 ...
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...
Wed, Jan 26 2011, 12:05 PM
Month over month gains look large relative to recent months. This is a positive from a "here and now" perspective. But when we zoom out and see the bi...
Wed, Jan 26 2011, 8:16 AM
Looking ahead to new homes sales data and the release of the FOMC statement this afternoon, interest rates are moving higher and equity futures are r...
Mon, Jan 24 2011, 9:41 AM
Lots of Lender Updates; MERS Leadership Change; Job Openings; Wells on Originator Compensation; Bank of America Legal Fees
Fri, Jan 21 2011, 11:22 AM
Originator Compensation FAQs; Loan Putbacks Bruise BoA; Foreclosures Pinch PNC Profits; Servicer Watchdogs; Lender Updates
Thu, Jan 20 2011, 2:17 PM
Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of...
Tue, Jan 18 2011, 12:49 PM
"As we emerge from the traditionally slow holiday season, builders continue to look for signs of improvement in the economy, home buyer demand and bui...
Tue, Jan 18 2011, 10:30 AM
Quality Control Review Requirements; JPM Chase Mortgage Banking Earnings; Safe Act Reminder; Loan Officer Comp. Conference Call; Lender Updates
Wed, Jan 5 2011, 12:47 PM
112th Congress Seated; Primary Dealer List Expected to Grow; Bearish Home Price Outlook; Preparing for CMBS Issuance; New Mortgagee Letter
Mon, Jan 3 2011, 10:37 AM
Loan Officer Professional Privacy Gone; New Mortgagee Letters; Covered Bonds Coming?; BoA Settles with GSEs. Allstate & MBIA Still Suing;
Thu, Dec 30 2010, 11:13 AM
A lot of IF's need to play out just to see a GRADUAL housing recovery. Oh well. We gotta start somewhere.
Thu, Dec 30 2010, 8:25 AM
Bonds are backing up a bit while and equity futures point modestly lower on the last full trading trading day of the year.
Thu, Dec 23 2010, 11:34 AM
New Home Sales rose to an annualized rate of 290,000. This is better than the previous month (275,000) but a bit short of the consensus of 300,000. ...
Thu, Dec 23 2010, 9:40 AM
Private Mortgage Insurance Tax Deductions Extended; ARM Disclosures Updated; Calyx Bundles LOS Services; Wells Comments on Compensation
Wed, Dec 22 2010, 12:06 PM
Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, according to the National Association of ...
Wed, Dec 22 2010, 12:01 PM
Fannie Mae's economists expect matters to improve only slightly in 2011. Sales of homes are projected to increase 4.9 percent over the year but price...
Wed, Dec 22 2010, 10:50 AM
The "Urgent Need" for National Servicing Standards; CRA Definitions Updated; Freddie Mac Delinquency Data; Basel III Not Too Bad?
Wed, Dec 22 2010, 10:25 AM
"Refinance application volume dropped sharply this week as mortgage rates held near six month highs," said Michael Fratantoni, MBA's Vice President of...
Mon, Dec 20 2010, 9:23 AM
Lender Loosens Underwriting Regs; Early Check Eligibilty Tool; Loan Production Conduit Breakdown
Mon, Dec 20 2010, 8:55 AM
December floaters shouldn't be comfortable yet. You should actually be pretty antsy. That's how the market will behave next week at least. The week ah...
Tue, Dec 7 2010, 2:44 PM
Few Americans expect the housing market to recover before 2012 according to an online survey of foreclosure attitudes conducted by RealtyTrac, Trulia,...
Fri, Dec 3 2010, 10:57 AM
Final regs for appraisals; FHA loan limits; servicing transactions in the news; input on Freddie pricing & all-cash deals; rate locks from yesterday a...
Thu, Dec 2 2010, 12:27 PM
Instead of complaining about tight underwriting guidelines and expensive LLPAs at the only game in town (GSEs, FHA, VA), the NAR should be calling out...
Thu, Dec 2 2010, 10:41 AM
Properties affected by foreclosure continue to account to one-quarter of all U.S. home sales according to a report released Thursday by RealtyTrac. T...
Thu, Dec 2 2010, 8:28 AM
Stock markets continue to rally Thursday morning ahead of key labor and housing data....and the bond market continues to suffer as a result.
Mon, Nov 29 2010, 12:19 PM
The Next Buyback Problem to Face the Industry; Mortgage Assistance Relief Services Rule; Home Loan Interest Tax Deductibility Feedback;
Fri, Nov 26 2010, 11:33 AM
How the Value of the Dollar Impacts Mortgage Rates; Input on Loan Pricing Transparency; New LLPAs Passed Down; 4506-T Verification Info
Wed, Nov 24 2010, 12:15 PM
Lender "Skin in the Game"; More on Freddie's Fee Increase; New Mortgagee Letters; Sponsored FHA Originators; Investor Bulletins
Wed, Nov 24 2010, 2:09 PM
The U.S. Census Bureau and the Department of Housing and Urban Development have jointly released NEW RESIDENTIAL SALES for October 2010.
Tue, Nov 23 2010, 11:36 AM
Following two months of gains, Existing Home Sales Decline in October, casting doubt on the notion that the previous two months of gains constituted t...
Mon, Nov 22 2010, 9:54 AM
Basel III Bank Capital Shortage; Recent ARM Stats; HAMP Running Out of Applicants; High Cost Loan Limits; Investor Updates
Fri, Nov 19 2010, 10:04 AM
JPM Offloads Chunk of Servicing; HUD's Good Neighbor Next Door; Ambac Buyback Claims; Freddie Appraisal Quality; DU Version 8.2
Fri, Nov 19 2010, 5:04 PM
Despite the anticipation for sluggish growth into the first part of 2011, Fannie Mae, in their November 10th Economic Outlook, sees GDP growth driven...
Wed, Nov 17 2010, 1:56 PM
Walkthrough of Loan Paper Transfer Process; Fed Explains Credit Scores; Fannie CFO Calls It Quits; Ginnie Mae Guarantee Stats
Mon, Nov 15 2010, 9:05 AM
Wholesaler Perspective on Originator Compensation; Empty Housing Units; TBW Impact on Delinquency Rates; Investor Updates
Fri, Nov 5 2010, 9:54 AM
2nd Quarter Loan Production Stats; CoreLogic Earnings; Blackrock Jumbo Product; Prepays Print as Expected; Corporate Debt Explosion
Fri, Nov 5 2010, 8:19 AM
Benchmark interest rates made an aggressive move lower yesterday and tocks rallied to their highest levels since before the crash of Lehman Brothers, ...
Fri, Nov 5 2010, 1:08 PM
Pending home sales retreated after two monthly gains, signaling an uneven recovery entering 2011 with some near-term disruptions from the foreclosure ...
Fri, Oct 29 2010, 11:53 AM
The plain and simple version of this story is title insurers are nervous about covering foreclosed properties without some sort of guarantee that they...
Thu, Oct 28 2010, 9:48 AM
Spike in FHA to FHA Refinances; Deutsche Bank on Home Prices; Compensation Conference Call; Wells Finds Flaws in Foreclosures
Wed, Oct 27 2010, 11:30 AM
"Economic growth in 2010 has been subdued and this trend will likely continue for most of 2011. Households remain cautious given the weak job market. ...
Wed, Oct 27 2010, 8:29 AM
Ahead of a $35 billion 5-year Treasury note auction, the 5-year note is -9/32 at 99-23 yielding 1.306% (+5.3%) and the 10-year Treasury note is -17/32...
Wed, Oct 27 2010, 3:35 PM
The U.S. Census Bureau and the Department of Housing and Urban Development have jointly released NEW RESIDENTIAL SALES for September 2010.
