Monday, December 7, 2009

SEC Charges Three Subprime Lenders with Fraud

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Top Stories      
The Securities and Exchange Commission has charged three former executives of the bankrupt New Century Mortgage with fraud in connection with their accounting... - MND NewsWire
It does the heart good to read of thousands of everyday Americans helping many of our returning warriors. While most have come home and managed to assume... - Voice of Housing
I had a meeting last week with another mortgage banker that is wrestling with the decision to stick it out on his own, partner with a stronger better capitalized... - Community Commentary
jeffer90576
MBS Quotes
FNMA 4.0 99-06 0-13
FNMA 4.5 101-24 0-07
FNMA 5.0 104-14 0-09
FNMA 5.5 106-06 0-11
FNMA 6.0 107-04 0-10
Updated: 12/7/09 4:31 PM
Treasuries
3 MO 0.0152 -0.0233
2 YR 0.7580 -0.0958
5 YR 2.1716 -0.0935
10 YR 3.4290 -0.0583
30 YR 4.3843 -0.0227
Updated: 12/7/09 5:15 PM
Mortgage Rates
30 Yr FRM 4.84 -0.02
15 Yr FRM 4.16 -0.01
FHA 30 Year 5.05 -0.03
Jumbo 30 Year 6.03 -0.02
5/1 Yr ARM 3.99 -0.02
Updated: 12/7/09 1:03 PM
Latest Video      
View:All Videos
Jobless Benefits Expiring for Millions
12/7/2009
A look at new data on jobless benefits expiring, with Judy Conti, National Employment Law Project (NELP) federal advocacy coordinator.
Gross: Pimco's Economic Outlook
12/7/2009
Sharing his views on the economy and responding to Fed chairman Bernanke's speech, with Bill Gross, Pimco co-chief investment officer/founder.
Bernanke Recap
12/7/2009
CNBC's Steve Liesman has hightlights on Fed chief Ben Bernanke's comments.

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Recent Comments
Adam Quinones
on 12/7/2009 - read this comment
MORGAN STANLEY ANALYST COMMENTS: The yield on benchmark U.S. 10-year Treasury notes is expected to climb to 4.50 percent by the first half of 2010 prompted by technical factors, Morgan Stanley analysts...
Adam Quinones
on 12/7/2009 - read this comment
There are three ways the Fed soaks up excess reserves in the banking system Ed.... they can do this via adjustments to required reserve ratios, raising or lowering the discount rate, and by purchasing...
Jason Harris
on 12/7/2009 - read this comment
Bring the Hyper Inflation on!!! My mortgage is fixed at 4.25%. I would love to pay that off with some inflated Greenbacks! In all seriousness Ed, many of the points you make have validity. However, I have...
Edgar
on 12/4/2009 - read this comment
GUT FLOP....manage your pipe. Let's not kick Dennis while he's down, seeing your pipe blow up really sucks. If you have not read/learned GUT FLOP you really need to. Manage your pipe, and minimize...

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