Mortgage news headlines impacting real estate

MBS RECAP: Relatively Quiet and Modestly Weaker

5/21/2012 3:15 PM

MBS Live : MBS Afternoon Market Summary Bond markets continued the process of leveling off after hitting their strongest levels on 5/17. For MBS, those were all time highs, and for Treasuries, very close to historical lows (1.69 vs 1.67 previous 'modern economic history' low). We s...Read More

Mortgage Rates Rise Slightly From Friday's All-Time Lows

5/21/2012 1:36 PM

Posted To: Mortgage Rate Watch

Mortgage Rates rose very slightly from Friday's new all-time lows. There were no major market moving events for interest rates today. Instead, we seem to be seeing a sort of 'leveling off' with last Thursday as the low point in terms of the broader bond market. Concerns over the Eu...Read More

MBS MID-DAY: Scheduled Fed Buying The Focal Point On Otherwise Data-Less Morning

5/21/2012 10:21 AM

Posted To: MBS Commentary

MBS Live : MBS Morning Market Summary With the passing of the 10:15-11:00am scheduled "Operation Twist" buying from the Fed, we now know why bond markets bothered to get out of bed today. That's actually an overstatement as there was in fact a decent amount of volume in the overnig...Read More

Lots of Training Sessions, NMLS Stats and Fraud Numbers; Oakland to Require Foreclosure Fees

5/21/2012 10:11 AM

Posted To: Pipeline Press

Some people are looking to fill their time - apparently they have too much on their hands . On the other hand, some companies are looking to fill jobs. PHH Mortgage is looking to fill positions in its Mt. Laurel, NJ, Jacksonville, FL, and Sacramento, CA offices, from...Read More

The Week Ahead: Light Data Calendar, Treasury Auctions, Holiday Weekend

5/20/2012 6:52 PM

Posted To: MBS Commentary

The line-up of economic data in the week ahead is one of the lightest of the year. Monday is essentially data-free. The following two days of the week are focused on housing with Existing Home Sales on Tuesday and New Home Sales on Wednesday. Those same two days also kick off the T...Read More

More Lender Updates; Letters from the Trenches and Legal Updates Focused on the CFPB

5/19/2012 11:56 AM

Posted To: Pipeline Press

London plans to use a painfully "High-Pitched Sound Generator" to disperse large crowds at the Olympics. Observers note that it will be Cindy Lauper's first paying gig since '86. Speaking of high-pitched noises (and no, this is not a lead in to a Taylor Swift joke), ...Read More

MBS RECAP: Slightly Bumpy Ride Late, But Important Level Holds

5/18/2012 3:16 PM

Posted To: MBS Commentary

MBS Live : MBS Afternoon Market Summary 104-16 Turned out to be an important level for Fannie 3.5's today. There's more than the usual amount of content in the 'alerts and updates' section below if you're looking to get caught up on how it played out. Long story short, bond markets...Read More

Mortgage Rates Lower Still, But Progress Is Slow

5/18/2012 1:41 PM

Posted To: Mortgage Rate Watch

Mortgage Rates improved marginally from yesterday's new all-time lows. Without any major scheduled events to digest, bond markets were left to their own devices and paid a decent amount of attention to a sell-off in stocks. When yields in the broader bond markets move lower, MBS (t...Read More

Mortgage Registry Now Includes all States, Federal Lenders

5/18/2012 1:07 PM

Posted To: MND NewsWire

The State Regulatory Registry, LLC (SRR) and the Nationwide Mortgage Licensing System (NMLS) have issued an Annual Report for 2011. The report notes that 2011 was the first year that all state mortgage regulatory agencies utilized NMLS to manage mortgage loan originator (MLO) licenses on the system...Read More

MBS MID-DAY: Relatively Uneventful Despite Slight Weakness

5/18/2012 10:22 AM

Posted To: MBS Commentary

MBS Live : MBS Morning Market Summary As the trading day progresses, things are shaping up to be increasingly uneventful even though MBS are down 6/32nds. Reason being: everything has been well contained, and what little weakness we've seen has occurred in a rather orderly fashion ...Read More