Real Estate News
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. … [Link]
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 : … [Link]
Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare Ratios; Servicing Agreement Bumping Along
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 … [Link]
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 … [Link]
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 … [Link]
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 … [Link]
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 : … [Link]
Foreclosure deal has 40 states, but others balk
More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value. [Link]
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 … [Link]
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 … [Link]
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 … [Link]
MBS MID-DAY: 2/6/2012
Posted To: MBS Commentary MBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 103-24 : +0-01 FNMA 4.0 105-19 : +0-03 FNMA 4.5 106-25 : +0-00 FNMA 5.0 108-01 : … [Link]
All FHA Today: Compare Ratios, Streamlines, Condo Approvals, LI Program Changes
Posted To: Pipeline Press Some will call this a useful tool and a time saver - others will say it is another sign of our privacy going away and … [Link]
The Week Ahead: Limited Data Calendar Leaves Auctions, Greece in Focus
Posted To: MBS Commentary The Employment Situation Report is normally preceded by "sideways uncertainty" and followed by noticeable directionality. But … [Link]
MBS RECAP: 2/3/2012
Posted To: MBS Commentary MBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-24 : -0-10 FNMA 4.0 105-17 : -0-09 FNMA 4.5 106-26 : -0-04 FNMA 5.0 108-01 : … [Link]
MERS, Banks Sued by New York State; MERSCORP Responds
Posted To: MND NewsWire Three major banks and Virginia-based MERSCORP, Inc. and its subsidiary Mortgage Electronic Registrations Systems ( MERS ) were sued Friday by the state of … [Link]
Mortgage Rates Higher Following Employment Report
Posted To: Mortgage Rate Watch The monthly Employment Situation Report was released at 8:30am this morning, with much better-than-expected results. Stocks rallied … [Link]
Geithner Outlines Accomplishments, Future of Financial Reform
Posted To: MND NewsWire Treasury Secretary Timothy Geithner told the Financial Stability Oversight Council that the financial system is getting stronger and safer and that much … [Link]
HOPE NOW Conference Focused on Military Families, Mediation
Posted To: MND NewsWire HOPE NOW, the voluntary private sector alliance of mortgage industry stakeholders, recently concluded a two day conference in Washington which focused on … [Link]
MBS Down, But Not Out Following Strong Jobs Report
Posted To: MBS Commentary There is plenty of play-by-play on the post-NFP sell-off in the MBS Recap . If you haven't seen those updates already, that's a … [Link]