Archive for the ‘Uncategorized’ Category
Wednesday, February 1st, 2012
Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-30 : +0-02 FNMA 4.0 105-23 : +0-01 FNMA 4.5 106-29 : +0-02 FNMA 5.0 108-01 : +0-02 GNMA 3.5 105-08 : +0-01 GNMA 4.0 107-27 : +0-01 GNMA 4.5 109-06 : +0-00 GNMA 5.0 110-28 ...
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Wednesday, February 1st, 2012
Posted To: MND NewsWireSaying that the housing crisis struck right at the heart of what it means to be middle class, President Barack Obama has begun to flesh out the housing-related proposals he made in his State of the Union speech last Tuesday. He spoke this morning at Falls Church, ...
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Wednesday, February 1st, 2012
Posted To: Voice of HousingLike countless persons across the world, I watched in quiet disbelief as thousands of pieces of debris streaked across the vast Texas sky the morning of February 1, 2003. Unlike what had transpired in 1986 during the launch of the shuttle Challenger, this time the shuttle ...
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Wednesday, February 1st, 2012
Posted To: MND NewsWireThe Mortgage Bankers Association ( MBA ) provided its annual assessment of The State of the Mortgage Industry in a press conference Wednesday afternoon. Michael Young, MBA Chairman said that the states that have been hardest hit by the housing crisis are and will continue to deal ...
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Wednesday, February 1st, 2012
Posted To: MND NewsWireThe Attorney General of Oregon announced today that he will join in the so-called 50-state Attorneys General settlement with five major financial institutions that operate the large servicing organizations. The settlement arose out of a multi-state investigation of alleged improprieties the servicers' management of delinquent loans and ...
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Wednesday, February 1st, 2012
Posted To: Mortgage Rate WatchMortgages Rates are just slightly better than unchanged on the day. Best-Execution remains at 3.875% for conventional 30yr fixed loans, and the slight improvements seen today have benefited the borrowing costs required to obtain those rates. (learn more about how we calculate Best-Execution in THIS POST ...
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Wednesday, February 1st, 2012
Posted To: MBS CommentaryMBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 103-29 : +0-01 FNMA 4.0 105-22 : +0-00 FNMA 4.5 106-27 : +0-01 FNMA 5.0 107-31 : +0-00 GNMA 3.5 105-07 : -0-01 GNMA 4.0 107-25 : -0-02 GNMA 4.5 109-04 : -0-02 GNMA 5.0 110-23 ...
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Wednesday, February 1st, 2012
Posted To: MND NewsWireIn his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes that ...
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Wednesday, February 1st, 2012
Posted To: MBS Commentary10:24AM ( MBS Live ) - Bond Markets Continue Weakening After Latest Data. MBS Outperform Longer-dated Treasury yields continued to climb this morning after the latest round of economic data showed improved construction spending and ongoing, albeit moderate strength in the manufacturing sector. 10yr yields have risen ...
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Wednesday, February 1st, 2012
Posted To: MND NewsWireThe Federal Housing Finance Agency ( FHFA ) announced today the first step in a new initiative to convent foreclosed properties (REO) in the hardest-hit metropolitan areas to rentals. The Real Estate Owned Initiative is a joint endeavor of the Departments of Treasury, and Housing and Urban ...
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