Payment Shock Concerns Grow as Billions in IO Loans Face Recast Date

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Payment Shock Concerns Grow as Billions in Interest Only Loans Face Recast Date Fitch Ratings warned today that $47 billion in Prime and Alt-A interest only loans will convert to amortizing loans during the current year with some ... - MND NewsWire Mortgage Rate Improvements Erased After Auction. Floating into Tomorrow Mortgage Rates improved yesterday afternoon into this morning, however these gains were lost after the 10 year Treasury auction today. While positive progress... - Mortgage Rate Watch Dealing with Loan Repurchase Requests from Mortgage Lenders Most mortgage bankers don't want to talk about or deal with investor loan repurchase requests, but they are not going to miraculously disappear through... - The Garrett Watts Report Refinance Loan Applications Rebound... - MND NewsWire 2010 Loan Production Estimates;... - Pipeline Press MBS CLOSE: Afternoon Support Holds... - MBS Commentary MBS AFTERNOON: Losses Decelerating... - MBS Commentary MBS ALERT: REPRICES MORE LIKELY... - MBS Commentary MBS LUNCH: 10yr Treasury Auction... - MBS Commentary MBS MORNING: 10 Year Treasury Re... - MBS Commentary MBS OPEN: Rates Cheaper to Start... - 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 97-02 -0-15 FNMA 4.5 100-05 -0-12 FNMA 5.0 103-00 -0-07 FNMA 5.5 105-01 -0-04 FNMA 6.0 106-11 -0-01 Updated: 1/13/10 4:30 PM Treasuries 3 MO 0.0558 -0.0042 2 YR 1.1356 -0.0044 5 YR 2.6789 -0.0112 10 YR 3.8350 -0.0150 30 YR 4.6281 -0.0019 Updated: 1/13/10 5:50 PM Mortgage Rates 30 Yr FRM 5.05 0.01 15 Yr FRM 4.33 -0.02 FHA 30 Year 5.24 -0.01 Jumbo 30 Year 6.35 0.01 5/1 Yr ARM 4.24 -0.02 Updated: 1/13/10 4:35 PM Latest Video       View:All Videos Beige Book 1/13/2010 Discussing the latest Beige Book, with CNBC's Steve Liesman and Bill Gross, PIMCO founder and co-CIO. Inside Treasury Auction 1/13/2010 Insight on the Treasury Auction results, with CNBC's Rick Santelli. CNBC Exclusive: Financial Crisis Cmte. Chmn. 1/13/2010 Financial Crisis Inquiry Commission Chairman Phil Angelides talks to CNBC's David Faber about today's bank CEO testimony. Around The Web       NAR Names New Executive Director to the Real Estate Standards Organization S&P lowers California debt rating, cash crunch looms Economy Weak but Mending as 2010 Begins: Fed's Beige Book Administration Completes Implementation of Initiative to Support State and Local Housing Finance Agencies For a Quicker Housing Fix: Nationalize Fannie, Freddie? Business Formation Tumbles 10% in Wealthiest Countries Report Warns About Public Debt Secretary Donovan Announces the First Recovery Act Green Retrofit Grant for Multi-family Housing FHA to Lenders: 'We Are Watching You Very Carefully' Video: Challenging Bernanke on Housing Bust »View All Recent Articles JOIN THE CONVERSATION Recent Comments Carl Henker on 1/13/2010 - read this comment As Ralph said HUD is only suspending aggressively enforcing the rules for 120 days. The rule is in effect and HUD will be check for compliance and abusers. Follow the new guidelines as best you can with... Adam Dahill on 1/13/2010 - read this comment Locked Three before the price changes. I have a few floaters that are 30-60 days out at least and problem files that are still floating. Mostly locked at this point. 5th 3rd stil has 4.875% high balance... Rob Fleming on 1/13/2010 - read this comment Job market weak, price pressures subdued, spending="cautious". Loan delinquencies up, but I'm betting the bulk of that is "old stuff"(pre ratcheting). Loan quality these days, as... Joshua Thompson on 1/13/2010 - read this comment Well this isn't good news BUT...I just received correspondance from Flagstar stating that HUD has imposed a 120 day moratorium on the new RESPA rukes. Has anyone else heard this? Questions What is a mortgage note? If I default on my mortgage, can the bank garner my future wages... I am on the deed of a family home in Santa Barbara, CA. The home... What percentage has the builder added to the price? Can it be... Answers Why is the APR so much higher than the rate? What is the purpose of the FHA? I want to transfer my Mothers paid off home to me. How is this... Can a lender who bought out my original mortgage company after... Forum Discussions Second Mortgage and Short Sale va irrl and subordinate 2nd loan Chase/Freddie Mac awaiting Short Sale approval for 10months! Desperate for help... No documents Loan Scenario: CA, ,000,000, 700, Purchase Loan Scenarios Post | View All   State Date Amount Loan Type CA 1/11/2010 2,000,000.00 Purchase GA 1/11/2010 1,137,500.00 Debt Consolidation NJ 1/11/2010 146,250.00 Purchase FL 1/10/2010 1,250,000.00 Purchase CO 1/8/2010 910,000.00 Refinance (Rate and Term) GA 1/6/2010 38,000.00 Purchase Mortgage News Daily

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