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Real Estate News |
MBS RECAP: 2/8/2012
Wed, 08 Feb 2012 21:17:31 GMT
Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-28 : +0-04 FNMA 4.0 105-21 : +0-02 FNMA 4.5 106-25 : +0-01 FNMA 5.0 108-01 : +0-01 GNMA 3.5 105-08 : +0-02 GNMA 4.0 107-32 : +0-03 GNMA 4.5 109-09 : +0-03 GNMA 5.0 110..[read more]
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Mortgage Rates Flat to Slightly Improved After Auction, Greece News
Wed, 08 Feb 2012 20:46:00 GMT
Posted To: Mortgage Rate WatchFor several sessions in a row, Mortgages Rates have moved in the opposite direction from the previous session, although even the bigger examples of these movements haven't been enough to nudge 3.875% out of the "best-exe..[read more]
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Mortgage Rates Flat to Slightly Improved After Auction, Greece News
Wed, 08 Feb 2012 20:10:00 GMT
Posted To: MBS CommentaryFor several sessions in a row, Mortgages Rates have moved in the opposite direction from the previous session, although even the bigger examples of these movements haven't been enough to nudge 3.875% out of the "best-executio..[read more]
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Ally said to be Shopping Mortgage Unit
Wed, 08 Feb 2012 19:05:52 GMT
Posted To: MND NewsWireOne of the financial institutions that are party to the reported settlement agreement with the attorneys general of the majority of the states is reportedly on the auction block. According to Bloomberg News, Ally Financial is t..[read more]
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Bond Markets Improve Following 10yr Auction and Fed Selling
Wed, 08 Feb 2012 19:01:00 GMT
Posted To: MBS CommentaryAfter the 10yr auction, production MBS and the long end of the yield curve didn't move much at first. But it now seems that some additional bid for the 10yr was on hold until after the Fed's Scheduled selling that ended at 2p..[read more]
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Delinquencies, Foreclosures, and Inventories Improve in CoreLogic Data
Wed, 08 Feb 2012 17:54:46 GMT
Posted To: MND NewsWireAccording to CoreLogic, the Santa Ana California based provider of information and business services, there were a total of 830,000 foreclosures nationwide in 2011 compared to 1.1 million in 2010. The most recent monthly number..[read more]
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Missouri Goes After Processor DocX; Wells Now #1 Servicer; Rural Streamlines
Wed, 08 Feb 2012 16:59:00 GMT
Posted To: Pipeline PressWhat, exactly, qualifies a person as "rich"? It depends who you are - here in the States the wealth of the top 1% is about 225 times greater than that of the typical family, compared to 125 times in 1962, and the cumulative w..[read more]
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MBS MID-DAY: 2/8/2012
Wed, 08 Feb 2012 16:17:24 GMT
Posted To: MBS CommentaryMBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 103-26 : +0-03 FNMA 4.0 105-20 : +0-01 FNMA 4.5 106-23 : -0-01 FNMA 5.0 108-00 : -0-01 GNMA 3.5 105-09 : +0-03 GNMA 4.0 107-31 : +0-02 GNMA 4.5 109-06 : +0-00 GNMA 5.0 1..[read more]
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Refinancing Apps Rise on Record Low Rates
Wed, 08 Feb 2012 13:58:46 GMT
Posted To: MND NewsWireMortgage rates broke another set of records during the week ended February 3, establishing several new historic lows. In response, the seasonally adjusted Mortgage Bankers Association's (MBA) Market Composite Index, a measure o..[read more]
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Day Ahead: 10yr Auction And Another Probable Greek Deadline Miss
Wed, 08 Feb 2012 13:06:00 GMT
Posted To: MBS CommentaryThe theme of light economic data continues on Wednesday with MBA Mortgage Apps being the only item of note. Even then, it's only notable due to it's pertinence to our industry and is not a market mover. Both the refi and purc..[read more]
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MBS RECAP: 2/7/2012
Tue, 07 Feb 2012 21:17:19 GMT
Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-23 : -0-04 FNMA 4.0 105-18 : -0-04 FNMA 4.5 106-23 : -0-04 FNMA 5.0 107-32 : -0-05 GNMA 3.5 105-05 : -0-02 GNMA 4.0 107-28 : -0-01 GNMA 4.5 109-04 : -0-03 GNMA 5.0 110..[read more]
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House Committee Acts on Bill to Protect FHA Fund
Tue, 07 Feb 2012 21:11:47 GMT
Posted To: MND NewsWireA sub-committee of the House Financial Services committee today approved the FHA Emergency Solvency Act which is intended to shore up the finances of the Federal Housing Administration (FHA). The legislation strengthens FHA's M..[read more]
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Mortgage Rates Slightly Higher as Greece, Auctions Weigh on Markets
Tue, 07 Feb 2012 20:47:00 GMT
Posted To: Mortgage Rate WatchAlthough the recently confirmed 3.875% Best-Execution level remains intact for 30yr fixed, conventional loans, Mortgages Rates moved slightly higher today in terms of the costs required to obtain those rates. Weakness in..[read more]
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MBS Relative Performance and Bond Duration - An Intro
Tue, 07 Feb 2012 20:06:27 GMT
Posted To: Secondary MarketsMBS went through an interesting Employment Friday. I know it’s hard to remember back after a long weekend (especially for N.E. fans), but the bond market sold off pretty substantially on Friday after a better-t..[read more]
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MBS and Treasuries Battling Back After 3yr Auction, Greece News
Tue, 07 Feb 2012 19:31:00 GMT
Posted To: MBS CommentaryBond markets had already been trending into negative territory leading up to today's 3yr auction, but took a turn for the worse afterwards with some help from a few newswires out of Greece. All that is detailed in the followi..[read more]
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Majority of States Reported on Board with Robo-Signing Settlement
Tue, 07 Feb 2012 16:29:56 GMT
Posted To: MND NewsWireDetails are still sketchy, but apparently a settlement has been agreed upon between five major banks and a majority of the states' attorneys general. The settlement involves Bank of America, Wells Fargo, Citigroup, JPMorgan Cha..[read more]
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MBS MID-DAY: 2/7/2012
Tue, 07 Feb 2012 16:17:14 GMT
Posted To: MBS CommentaryMBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 103-17 : -0-10 FNMA 4.0 105-15 : -0-07 FNMA 4.5 106-23 : -0-05 FNMA 5.0 108-00 : -0-04 GNMA 3.5 104-32 : -0-08 GNMA 4.0 107-21 : -0-08 GNMA 4.5 109-02 : -0-05 GNMA 5.0 1..[read more]
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Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare Ratios; Servicing Agreement Bumping Along
Tue, 07 Feb 2012 16:00:00 GMT
Posted To: Pipeline PressThis is Black (African-American) History Month. The event began as Black History Week in 1926. For many years, the second week of February was set aside for this celebration to coincide with the birthdays of abolitionist/edit..[read more]
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The Day Ahead: Relatively Insignificant Scheduled Events
Tue, 07 Feb 2012 12:59:00 GMT
Posted To: MBS CommentaryThere are all sorts of ways to divide market moving information into different categories. One of our favorites is also one of the most broad: scheduled vs unscheduled. At first glance, it might seem a bit odd to classify som..[read more]
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January Housing Scorecard Released by HUD, Treasury
Mon, 06 Feb 2012 21:41:01 GMT
Posted To: MND NewsWireThe Departments of Housing and Urban Development (HUD) and Treasury issued the administration's January Housing Scorecard on Monday. The report is essentially a summary of data on housing and housing finance released by public ..[read more]
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Industrial and Multi-family Loans Drive Annual CRE Increase
Mon, 06 Feb 2012 21:17:18 GMT
Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) reports that commercial and multifamily loan originations were down 7 percent in the fourth quarter of 2011 compared to the third quarter but were 13 percent higher than originations in th..[read more]
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MBS RECAP: 2/6/2012
Mon, 06 Feb 2012 21:17:08 GMT
Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-28 : +0-05 FNMA 4.0 105-23 : +0-07 FNMA 4.5 106-27 : +0-02 FNMA 5.0 108-02 : +0-04 GNMA 3.5 105-08 : +0-05 GNMA 4.0 107-29 : +0-05 GNMA 4.5 109-07 : +0-03 GNMA 5.0 110..[read more]
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European Headlines Help Mortgage Rates Bounce Back
Mon, 06 Feb 2012 20:34:00 GMT
Posted To: Mortgage Rate WatchFollowing Friday's employment data, Mortgages Rates moved quickly higher. In most cases, the changes were seen not in the quoted interest rates themselves, but rather in the closing costs required to obtain those rates. ..[read more]
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Nearly 100 Metro Areas on Improving Market List
Mon, 06 Feb 2012 18:26:00 GMT
Posted To: MND NewsWireThe list of Improving Housing Markets (IHM) maintained by the National Association of Home Builders (NAHB) took another big jump in February, rising from 76 in January and more than doubling the 41 reported in December. There a..[read more]
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MBS Stable Enough For Potential Reprices as Treasuries Reinforce Trends
Mon, 06 Feb 2012 17:49:00 GMT
Posted To: MBS Commentary( MBS Live ) - Against today's data-free backdrop, the only real market mover has been the earlier scheduled Fed buying (30yr sector of Treasuries) that left the long end of the yield curve in slightly better shape. 2s v 10s ..[read more]
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