Real Estate Investing News
Real Estate Investing News
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]
MBS MID-DAY: Mostly Sideways After NFP-Inspired Losses
Posted To: MBS Commentary MBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 103-23 : -0-11 FNMA 4.0 105-20 : -0-06 FNMA 4.5 106-26 : -0-04 FNMA 5.0 108-01 : … [Link]
PHH Restructuring; MBA Classes; Servicing Comp Change Bearing Away; Harsher Fraud Penalties Coming?
Posted To: Pipeline Press The e-mail wires here in Miami have been burning up with…e-mails. PHH clients received a note from Norm Fitzgerald , … [Link]
Calculating Current Coupon in a Record Low Rate Environment
Posted To: Secondary Markets The [Link]
Day Ahead: All Eyes On Employment Situation Report
Posted To: MBS Commentary First Friday of the month and time, once again, for The Employment Situation Report, or more specifically, the Non-Farm Payrolls … [Link]
Home repairs: Which jobs come first?
Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance. [Link]
Finally, a foreclosure settlement (Maybe)
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value. [Link]
Reports Continue to Show Home Price Declines
Posted To: MND NewsWire CoreLogic and Lender Processing Services (LPS) have each released their most recent Home Price Indices . CoreLogic's HPI covers December; LPS's … [Link]
MBS RECAP: 2/2/2012
Posted To: MBS Commentary MBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 104-03 : +0-05 FNMA 4.0 105-25 : +0-02 FNMA 4.5 106-29 : +0-00 FNMA 5.0 108-01 : … [Link]
Homeowners Continue Shift Away from Cash-Out Refinancing
Posted To: MND NewsWire Homeowners who refinanced their homes during the fourth quarter of 2011 either refinanced for about the same amount or actually brought cash to the table … [Link]
Mortgage Rates Maintain Record Lows Ahead of Friday's Jobs Report
Posted To: Mortgage Rate Watch For the second day in a row, Mortgages Rates are just slightly better than unchanged. Best-Execution remains at 3.875% for conventional … [Link]
Mortgage rates hit another new low
Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record. [Link]
