Watchdog Addresses Problems With Foreclosure Review Payments
The Office of Inspector General (OIG) of the Federal Reserve System released a report on Thursday critical of the way in which the Board...
MBS Day Ahead: Month/Quarter-End Considerations; Not Expecting Much From Data
It continues to be the case that economic data is guilty until proven innocent. The crime? Not being very relevant in terms of market...
Mortgage Rates Near 3-Week Lows
Mortgage rates fell at a healthy pace today, bringing them to the lowest levels since September 9th. Gains in bond markets help rates...
Underused VA Mortgage Program Makes Inroads as FHA Costs Rise
Of the 16.4 million active-duty service members and military veterans with mortgages, less than 12% have a loan guaranteed by...
Eligibility Requirements for VA Home Loans
Locate a lending institution that participates in the VA program. You may want to get "pre-qualified" at this point - that is, find out...
One Million Homeowners Gained Equity in Q2
U.S. homeowners gained or regained more than $1 trillion in equity over the year that ended on June 30, 2014. According to Core-Logic's...
Mortgage Rates Back to Recent Lows
Mortgage rates fell back in line with recent lows after a disconcerting move higher yesterday. In general, rates are still in the...
U.S. Stocks Drop, Treasuries Rise as Production Declines
U.S. stocks fell while Treasuries ended a seven-day slide, as industrial production unexpectedly fell in August for the first time in...
MBS Day Ahead: Bonds at Risk of Confirming Death of Positive 2014 Trend
As Treasury yields and mortgage rates spiraled rapidly higher over the past two weeks, 2014's steady trend toward lower rates quickly...
Lead Generator Bank Settle Suits; Agency Updates; Fed Week
Lead generator Intermundo Media, LLC has agreed to pay $500,000 to settle charges by the Federal Trade Commission (FTC) that it falsely...
