GSEs Cut Lenders a Big, Retroactive Break on Reps and Warrants
Fannie Mae and Freddie Mac have nailed down the promised details the life-of-loan exclusions related to their representation and warranty...
Natural Disasters are now Measurable Default Risks
Growing numbers of severe weather events throughout the U.S. may be giving new meaning to "location, location, location" in the housing...
MBS Day Ahead: Super Action-Packed Morning For Data, and Events
(NOTE: BLS and NFP are used somewhat interchangeably below, but the numbers in the charts are actually BLS's PRIVATE payrolls as NFP...
Refinancing Surge Cools as Rates Rise
The resurgence enjoyed by refinancing over the last few weeks subsided a bit in the face of rising interest rates during the week ended...
MBS Day Ahead: Calmest Day of the Week for Econ Data; Could Elections Matter?
I haven't mentioned mid-term elections until today, which is a pretty fair deal considering their potential market impact. It may even...
Mortgage Rates Approaching 1 Month Highs
Mortgage rates continued higher today, edging up to their worst levels in nearly a month. The most prevalently-quoted conforming 30yr...
