MBS Day Ahead: Is The Market Too Far Ahead of a Predictable Fed?
Today is Fed day and naturally, that's where 100% of the focus has been and will be. Markets are convinced that the Fed will remove the...
No Spring in Mortgage Application Volume Yet
It has been a tough winter and with spring less than a week away borrowers have apparently not yet emerged from hibernation. ...
RealtyTrac Analysis points to Millennial-Friendly Markets
It seems counterintuitive, but RealtyTrac said today that persons purchasing homes in the highest priced communities in the US last year...
New Products, Lender and Investor Updates
Happy St. Patrick's Day! Irish or not, many celebrated last Saturday instead of tonight, although in honor of today Hal M. writes, "The...
Mortgage Rates Slightly Lower; Volatility Ahead
Mortgage rates fell modestly to begin the week following several weaker-than-expected economic reports. Economic data affects rates by...
Organizations Speak Out on Current Issues; State-Level News from NY, TX, WI, and MT
Practically everyone has been involved in failed business ventures. Some go away entirely, but some try to bounce back. Anyone who has...
Mortgage Rates Lower on Combination of Europe and Treasury Auction
Mortgage rates continued lower at a steady pace for most lenders today. The week continues to be slow in terms of domestic ev ents and...
MBS RECAP: Treasuries Relieved After Auction; Bonds Benefit From European close
German Bunds dropped to yet another new all-time lowtoday, hitting 0.193 at one point. The Euro plummeted and stocks sold modestly. All...
MBS Week Ahead: Not Much Data For Traders to Hide Behind
Over the years, I've frequently gone back to the "limited data" theme on certain weeks where there is--well... limited data. The reason...
Deferred Debt Payment Calculation; Collateral Underwriter; Oil Impacting Commercial Real Estate
Occasionally I am asked about how the agencies handle certain types of debt. As a reminder, Fannie Mae requires that all deferred...
