Thursday, December 10, 2009

HAMP Report: Few Loan Modifications Made Permanent

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
November figures for the Treasury Department's Making Home Affordable Program show that a disappointing 4.3 percent of borrowers enrolled in the program... - MND NewsWire
The voice of mortgage originators was broadcast loud and clear by Federal Reserve Governor Elizabeth Duke today. Speaking at the Mortgage Foreclosure Policy... - MND NewsWire
The U.S. housing finance industry is like a stool with three legs. One leg is the FHA and Ginnie Mae; the second is Fannie Mae and Freddie Mac – both of... - Voice of Housing
jeffer90576
MBS Quotes
FNMA 4.0 98-17 -0-20
FNMA 4.5 101-12 -0-16
FNMA 5.0 103-30 -0-18
FNMA 5.5 105-28 -0-10
FNMA 6.0 106-28 -0-08
Updated: 12/10/09 4:46 PM
Treasuries
3 MO 0.0203 -0.0097
2 YR 0.7660 0.0060
5 YR 2.1883 0.0383
10 YR 3.4968 0.0468
30 YR 4.5058 0.0958
Updated: 12/10/09 5:15 PM
Mortgage Rates
30 Yr FRM 4.91 0.03
15 Yr FRM 4.20 0.02
FHA 30 Year 5.14 0.04
Jumbo 30 Year 6.10 0.01
5/1 Yr ARM 4.09 0.03
Updated: 12/10/09 3:17 PM
Latest Video      
View:All Videos
Did Treasury's Mortgage Mods Stick?
12/10/2009
The Treasury Department released the total number of trial mortgage modifications that have become permanent, CNBC's Diana Olick reports.
Foreclosure Rates Improve In November, Still High From
12/10/2009
12/10/09 According to RealtyTrac Inc., the rate of national foreclosures improved in the month of November from the previous month. Still, the numbers...
Treasury Auction Results
12/10/2009
The US auctioned $13 billion in 30-year bonds at high yield of 4.52 percent, bid-to-cover of 2.45. CNBC's Rick Santelli shares his reaction to the...

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Recent Comments
Adam Quinones
on 12/10/2009 - read this comment
The voice of mortgage originators and housing professionals was broadcast loud and clear by Federal Reserve Governor Elizabeth Duke today!
Frank Ceizyk
on 12/10/2009 - read this comment
Locking as well...while I'm happy that we continue to find our "home on the range", the unexpectedly strong NFP report gave me the ammo I needed to educate my clients about the value of locking...
Jason Wilborn
on 12/10/2009 - read this comment
Locking or Floating. I am Locking at this junction for several reasons. 1. Its year end - there is really no reason for MBS to rally. 2 We have been trading at near or all time highs for the past 6 weeks...
Adam Quinones
on 12/10/2009 - read this comment
the longer maturity of the 30yr bond adds duration to the debt market. There is less demand for longer duration, thus $13bn in long bonds weighs much more on supply/demand dynamics.

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