MBS RECAP: 2/7/2012
Posted To: MBS Commentary
MBS 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 ...
House Committee Acts on Bill to Protect FHA Fund
Posted To: MND NewsWire
A 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'...
Mortgage Rates Slightly Higher as Greece, Auctions Weigh on Markets
Posted To: Mortgage Rate Watch
Although 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...
MBS Relative Performance and Bond Duration - An Intro
Posted To: Secondary Markets
MBS 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-than-expe...
MBS and Treasuries Battling Back After 3yr Auction, Greece News
Posted To: MBS Commentary
Bond 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 foll...
Majority of States Reported on Board with Robo-Signing Settlement
Posted To: MND NewsWire
Details 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 ...
MBS MID-DAY: 2/7/2012
Posted To: MBS Commentary
MBS 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....
Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare Ratios; S...
Posted To: Pipeline Press
This 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/e...
The Day Ahead: Relatively Insignificant Scheduled Events
Posted To: MBS Commentary
There 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 ...
January Housing Scorecard Released by HUD, Treasury
Posted To: MND NewsWire
The 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 publ...
Industrial and Multi-family Loans Drive Annual CRE Increase
Posted To: MND NewsWire
The 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...
MBS RECAP: 2/6/2012
Posted To: MBS Commentary
MBS 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 ...
European Headlines Help Mortgage Rates Bounce Back
Posted To: Mortgage Rate Watch
Following 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 rate...
Nearly 100 Metro Areas on Improving Market List
Posted To: MND NewsWire
The 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. Ther...
MBS Stable Enough For Potential Reprices as Treasuries Reinforce Trends
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 1...
