Equifax: Turning a Crisis into an Opportunity
Posted To: MND NewsWire If anything could be worse than half of the adults in the country having their personal and credit information hacked and stolen, it could be the…
Worst 2 Days For Rates Since June
Posted To: Mortgage Rate Watch Mortgage rates continued higher at a reasonably abrupt pace today as last week’s themes have been completely reversed. What themes are those? Generally speaking, markets…
MBS RECAP: Slightly Less Pain For Bonds, But More Confirmation of Reversal
Posted To: MBS Commentary Today could be viewed at least 2 ways if you're a fan of low rates. On one hand, you might despair to see that rates are…
Mortgage Applications Jump Nearly 10%
Posted To: MND NewsWire Homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving total mortgage application volume 9.9 percent higher last week. The Mortgage…
MBS Day Ahead: This Isn’t The Inflation Data You’re Looking For
Posted To: MBS Commentary Today's only relevant economic data is the Producer Price Index (PPI)–an inflation metric at the wholesale level. Although inflation is back in the spotlight after years…
MLO Comp Survey Results; ARM News/Price Changes – A New “Adjustable” Loan?
Posted To: Pipeline Press I do my share of traveling (California Monday, Ohio yesterday, Tennessee today & tomorrow) and see how the residential lending environment changes in each region. Colorado’s…
Mortgage Delinquencies Remain Low in June
Posted To: MND NewsWire CoreLogic reported on Tuesday that the national mortgage delinquency rate in June was again the lowest in nearly a decade . The company’s Loan Performance Insights…
Harvey’s Hit to Mortgages Could Be 4 Times Worse Than Predicted–Then There’s Irma
Posted To: MND NewsWire As homeowners in Houston struggle to dry out and rebuild, they may also struggle to make payments on their mortgages. New estimates suggest at least 300,000…
Mortgage Rates Stabilize Despite More Bond Market Weakness
Posted To: Mortgage Rate Watch Mortgage rates held steady today, and were slightly lower in some cases. That’s not entirely logical at first glance because the bonds that dictate mortgage…
MBS RECAP: Trend Remains Unfriendly; Highest Yields in 3 Weeks
Posted To: MBS Commentary Treasury yields hit their highest levels in exactly 3 weeks today with little apparent motivation. Indeed, volumes remained lower than recent averages and movement arrived in…
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