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Tuesday May 22, 2012

  • Older News
  • eWarehouseOne's Tom Reynolds, Man of Mystery - National Mortgage (Friday, 27 April) - eWarehouseOne's Tom Reynolds, Man of Mystery...
  • MBS RECAP: Heading Out Near The Highs of a Very Flat Week - Mortgage News Daily (Friday, 27 April) - Posted To: MBS CommentaryMBS Live : MBS Afternoon Market Summary This is the third Friday in a row where we've looked back on what we would have thought would be a much more active week. We've been operating on a series of "if/then" dominoes as far as market momentum is...
  • Mortgage Rates Hold Steady To End Historically Flat Week. - Mortgage News Daily (Friday, 27 April) - Posted To: Mortgage Rate WatchMortgages Rates are unchanged from yesterday, capping an extremely flat and historically low week. The FOMC events on Wednesday gave lenders some pause as they were generally more conservative with pricing. Even so, the variations left the entire week's range about as narrow as they come,...
  • How Do You Get to HARP 3.0? - National Mortgage (Friday, 27 April) - It's no secret that the mortgage industry - after hearing from its customers - is clamoring for a HARP 3.0 refi solution for underwater loans that are not guaranteed by Fannie Mae and Freddie Mac. But how do we get there?...
  • Office Loans Drive Up CMBS Defaults - Mortgage Daily (Friday, 27 April) - With commercial real estate loans on office properties leading the way, quarterly defaults on securitized commercial mortgages increased during the first-three months of 2012. But the good news is that performance for all of this year is expected to be in line with 2011.Cumulative defaults on commercial mortgage-backed securities were...
  • MBS MID-DAY: Firm Resistance To Further Gains - Mortgage News Daily (Friday, 27 April) - Posted To: MBS CommentaryMBS Live : MBS Morning Market Summary "You shall not pass!" Resistance levels in bond markets joined the ranks of Gandalf and The Black Knight in uttering this phrase after last night's Spain Downgrade and this morning's GDP data. The "bridge" that bond markets are currently having...
  • Quicken Seeing Success With Technology Recruiting Campaign - Mortgage Daily (Friday, 27 April) - Earlier this month, Quicken Loans Inc. and its affiliates reached out to technology employees who were notified they would be laid off at Yahoo! So far, there has been plenty of interest."A group of Detroit businesses are encouraging the more than 2,000 recently laid off Yahoo employees to consider bringing...
  • MetLife Bales and Sails - Again; Ally's Earnings; Comments on Youths in Our Business - Mortgage News Daily (Friday, 27 April) - Posted To: Pipeline PressA Washington hot dog vendor is selling a two foot wiener that tastes bitter, is hard to swallow, and is very expensive. It is named "The Dodd Frank." Speaking of Dodd Frank and its impact, intentional or otherwise... The dancing Snoopy stationary has struck again. " MetLife...
  • The Day Ahead: Spain Downgrade Kicks Off Overnight Rally - Mortgage News Daily (Friday, 27 April) - Posted To: MBS CommentaryThursday turned out to be ridiculously narrow given that it followed FOMC Day. Then again, if you tend to agree with the assessment that Bernanke and The Fed basically put the onus for QE guidance on economic data (we talked a bit more about that in yesterday...
  • Jumbo Premium, 15-Year Discount Decline - Mortgage Daily (Thursday, 26 April) - Compared to conventional 30-year mortgages, jumbo loan pricing improved over the past seven days and 15-year pricing wasn't as good. Fixed rates are hovering just above their lowest levels ever.A 2-basis-point drop from last week for the average 30-year fixed-rate mortgage left it at 3.88 percent in Freddie Mac's Primary...