MBS RECAP: Confused, Complicated, but Comforting Trading in Bond Markets
By Matthew Graham Posted To: MBS Commentary I haven’t seen many days with as many different relevant considerations for bond markets, but if you don’t…
Day: December 4, 2014
Mortgage Rates Improve Ahead of Important Jobs Data
By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates recovered some recently lost territory today following a press conference with European Central Bank (ECB)…
Finalized MI Requirements to Land in Coming Months
By Tory Barringer Months after the Federal Housing Finance Agency (FHFA) first unveiled a rule establishing eligibility requirements for private insurers, the agency informed some…
Mortgage Rates Fall to Lowest Point Since May 2013
By Tory Barringer The average interest rate for a 30-year fixed-rate mortgage fell to 3.89 percent for the week ending December 4, Freddie Mac reported…
Mortgage Bank Profits Stumble in Q3 Despite Production Volume Increase
By Tory Barringer Mortgage banking profits hit another stumbling block in the third quarter, sinking slightly as a decline in secondary market income offset rising…
Agencies Unveil Enhancements to Housing Program
By Brian Honea HUD and the Department of the Treasury announced enhancements to the government’s Making Home Affordable (MHA) program to assist homeowners who are…
Foreclosure Inventory a Hurdle for New Home Construction
By Jann Swanson Posted To: MND NewsWire Completed foreclosure dropped precipitously in October compared to September, although they were down to a significantly lesser extent…
HUD, Treasury Announce Enahancements to Mortgage Loan Mod Programs
By Brian Honea The U.S. Department of Housing and Urban Development (HUD) and Department of Treasury have announced enhancements to the government’s Making Home Affordable…