Will Pressuring Loan Servicers Be Counterproductive?

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/121446.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Will Pressuring Loan Servicers Be Counterproductive? In an effort to get servicers to be even more diligent in improving conversion rates, Treasury is now telling servicers that they will not receive "a penny... - Voice of Housing Obama Administration "Shames" Mortgage Servicers The Treasury Department is reportedly going to announce plans to move more aggressively against servicers and lenders who fail to move borrowers out of... - MND NewsWire MBS LUNCH: Bonds Slightly Improved... - MBS Commentary Lenders Less Willing to Push Mortgage... - Mortgage Rate Watch FHA Proposes New Rules to Strengthen... - MND NewsWire MBS MORNING: Wary of Stock Lever... - MBS Commentary Internal Warehouse Lending Profitable... - Community Commentary BofA Sued by Deutsche Bank and... - Pipeline Press MBS OPEN: Holiday Bond Rally Struggling... - MBS Commentary The Week Ahead: Construction Spending... - MND NewsWire MBS CLOSE: Exploring Rates Strategy... - MBS Commentary »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 100-15 0-06 FNMA 4.5 102-18 0-02 FNMA 5.0 104-25 0-02 FNMA 5.5 106-10 0-01 FNMA 6.0 107-06 0-05 Updated: 11/30/09 4:29 PM Treasuries 3 MO 0.0466 0.0166 2 YR 0.6632 -0.0168 5 YR 1.9996 -0.0305 10 YR 3.1941 -0.0159 30 YR 4.1953 -0.0147 Updated: 11/30/09 4:43 PM Mortgage Rates 30 Yr FRM 4.72 -0.03 15 Yr FRM 4.03 -0.02 FHA 30 Year 4.91 -0.01 Jumbo 30 Year 5.87 0.02 5/1 Yr ARM 3.82 -0.01 Updated: 11/30/09 12:55 PM Latest Video       View:All Videos Home sweet home, rented or owned 11/30/2009 Looking for a place to live can pose some challenges, one of them being the decision of whether to buy or rent. Realtors and those who have survived the... Obama Admin's New Mortgage Plan 11/30/2009 Insight on the new loan modification program, with CNBC's Diana Olick. The Next Debt Bomb 11/30/2009 Assessing where the next debt bomb will explode, with CNBC's Steve Liesman; Nick Chamie, RBC Capital Markets; and CNBC's Steve Liesman. Around The Web       Chicago Purchasing Managers Index Increases in November Dubai: Government Will Not Stand Behind Dubai World Debt Visualizing the Fortune 500 in America New Citigroup Chief Economist Warns of Sovereign Debt Delusion Nation?s First ?Emerald? Green Remodeling Project Certified in Phoenix Statement Regarding Reverse Repurchase Agreements Fed's Withdrawal from Housing Threatens Growth FHA Proposes New Rules to Strengthen Risk Management FHA Goes Upmarket: Washington's latest benefit for the not-so-poor New York Fed purchases $16 billion net ($16 billion gross) in agency mortgage-backed securities »View All Recent Articles JOIN THE CONVERSATION Recent Comments Tim Rood on 11/30/2009 - read this comment Conditional "safe harbors" are afforded to the majority of servicers by Treasury in an effort to mitigate the risks of upsetting one shareholder group over another in "class warfare."... David Haines on 11/30/2009 - read this comment I am surprised that a lender would give that information to a borrower. Not that I think it is a secret but there is no way 95% of the general public would have any idea what any of that means. ....hmmm... Frank Ceizyk on 11/30/2009 - read this comment Tim, A client emailed me this response from Indymac Mortgage Services as he continues to pursue a modification with Indybank/Onewest which begs the questions: 1. Are servicers really the decision making... Jason Wilborn on 11/28/2009 - read this comment Great Post Adam. I too am very biased at this time towards locking. I think we see some year volatility that could push rates higher than where they are now. Hope you have a great Turkey Day Questions What is an ARM? What is the rate for capital gains on a home that is not primary... Can you get a loan without a down payment? I purchased a small home in 2001. 30 year fixed at 5.75%. Mortgage... Answers How do I determine the equity amount in my home? Can i save my home or prolong the auction date by right of redemption... How is my real estate agent paid? Can I refinance a home equity loan into a mortgage? Forum Discussions FICO's biggest score droppers revealed Deeds and foreclosure Fannie Mae HVCC complaint email form HVCC WILL CAUSING AN APPRAISER SHORTGAGE Appraiser Jobs are being Outsourced to India - It's time for Appraisers & Mortgage Professionals to Contact their Senators!! Loan Scenarios Post | View All   State Date Amount Loan Type IL 11/27/2009 310,000.00 Refinance (Rate and Term) NJ 11/26/2009 260,000.00 Refinance (Rate and Term) CA 11/25/2009 1,500,000.00 Purchase MA 11/23/2009 160,000.00 Purchase OH 11/20/2009 154,000.00 Cash Out Refinance TX 11/20/2009 135,000.00 Purchase Mortgage News Daily

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/121446.aspx

Rates Move Outside the Range

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/120911.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       MBS AFTERNOON: Rates Move Outside the Range Last week the 10yr TSY note bounced around between 3.32% and 3.37%. Early on this week, that range was broken as 10yr note yields tested 3.42%. However... - MBS Commentary Mortgage Rates Near Record Lows. Locking on Application. Econ Data Recap Rates rallied yesterday following a strong 5 year note auction. This helped pave the way for higher MBS prices and lower mortgage rates. By day's end... - Mortgage Rate Watch Implementing Properly Developed Originator Recruiting Strategies One of the major job responsibilities of a branch manager is to locate and hire loan officers. Recruiting is not easy and it takes time to find, recruit... - Community Commentary New Home Sales Improve in October - MND NewsWire Loan Application Activity: Refinances... - MND NewsWire Fannie Mae Delinquences Continue... - MND NewsWire MBS ALERT: Better Than Expected... - MBS Commentary Working Twice as Hard for Half... - Pipeline Press »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 99-28 0-01 FNMA 4.5 102-08 0-00 FNMA 5.0 104-22 0-03 FNMA 5.5 106-06 0-00 FNMA 6.0 107-00 -0-02 Updated: 11/25/09 4:29 PM Treasuries 3 MO 0.0500 0.0000 2 YR 0.7300 0.0000 5 YR 2.1100 -0.0400 10 YR 3.2800 -0.0400 30 YR 4.2300 -0.0200 Updated: 11/25/09 5:43 PM Mortgage Rates 30 Yr FRM 4.75 -0.04 15 Yr FRM 4.05 -0.07 FHA 30 Year 4.92 -0.03 Jumbo 30 Year 5.85 -0.06 5/1 Yr ARM 3.83 -0.05 Updated: 11/25/09 1:45 PM Latest Video       View:All Videos Money Minute: Home Sales Rise 11/25/2009 Sales of new homes rose last month, new unemployment claims fall and the Salvation Army takes plastic. The AP's Mark Hamrick reports. (Nov. 25) Second Stimulus Needed? 11/25/2009 Discussing whether a second stimulus is needed, with Laura Tyson, Berkeley Haas School of Business and Phillip Swagel, Georgetown University. Homeowners vs. Banks 11/25/2009 Debating whether a judge's decision to erase a couple's debt is fair, with Matt Englett, KEL Attorneys and Mark Calabria, CATO. Around The Web       Tax Credit Quandaries Answered Citi Mortgage Reveals What Treasury Won't HUD Lightens Up on FHA Second Appraisal Requirements Judge blasts bad bank, erases $525G debt FHA, Fannie/Freddie Tell it Like it is (to them) FDIC Data Reflects Continued Economic Slump Treasury On Mortgage Modifications Housing Bottom? "Not Even Close" US Federal Tax Dollars Payments/Allotments by State A Case Study: To Default or Not? »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 11/25/2009 - read this comment we again see direct and indirect bidders doing most of the auction buying...these are REAL MONEY accounts putting cash to work heading into year end. Adam Quinones on 11/25/2009 - read this comment While compensation packages are extremely important to originators, in this lending environment we have noticed more and more loan officers who are willing to trade a few basis points to work for an operation... Dan Lebovics on 11/25/2009 - read this comment If you're referring to the 4.0's wasn't the May high at around 101? The 4.5 high in May was around 103, so I don't believe we've broken through any ranges yet. The good news here is... Raymond J Ruddy III on 11/24/2009 - read this comment Phones are ringing again...step 1. need more locks...step 2. Do you think that MBS could become the benchmark asset for low yields. I know that TSY is backed by falling tax receipts and uncontrolled deficit... Questions Can i save my home or prolong the auction date by right of redemption... How do I determine the equity amount in my home? How is my real estate agent paid? When can you advertise your home as a waterfront property? Does... Answers Can I refinance a home equity loan into a mortgage? What is the maximum Seller's Concession allowed with a VA... How do I look up what my mobile home is worth? What is 203k financing? Forum Discussions Loan Scenario: CA, ,500,000, 780, 42% LTV, Cash Out Refinance Loan Scenario: CA, $700,000, 760, 45% LTV, Purchase Loan Scenario: CA, 120892,500,000, 720, 60% LTV, Purchase Tax Credit for Homeowners Tax Credit Question Loan Scenarios Post | View All   State Date Amount Loan Type CA 11/25/2009 1,500,000.00 Purchase MA 11/23/2009 160,000.00 Purchase OH 11/20/2009 154,000.00 Cash Out Refinance TX 11/20/2009 135,000.00 Purchase FL 11/19/2009 0.00 Purchase CA 11/18/2009 544,000.00 Purchase Mortgage News Daily

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/120911.aspx