Monday, June 14, 2010

Influential Home Price Indices Paint Fuzzy Picture

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There are four housing indexes that the country looks to for information on the state of the market. According to a report from Standard & Poors ... - MND NewsWire
Originator Identification Requirements; Mortgage Fraud Report; Flood Insurance Saga; Condo Guidance; FHA Annual Premiums - Pipeline Press
Although the short term behavior of both stock and bond markets has been indicative of a looming long-term trend reversal, neither market was able to confirm... - MBS Commentary
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MBS Quotes
FNMA 4.0 99-24 0-01
FNMA 4.5 102-20 0-04
FNMA 5.0 105-07 0-03
FNMA 5.5 107-01 0-04
FNMA 6.0 108-00 0-03
Updated: 6/14/10 4:32 PM
Treasuries
3 MO 0.0507 -0.0293
2 YR 0.7258 -0.0242
5 YR 2.0317 0.0017
10 YR 3.2529 0.0129
30 YR 4.1789 0.0289
Updated: 6/14/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.74 -0.01
15 Yr FRM 4.08 0.02
FHA 30 Year 4.80 0.00
Jumbo 30 Year 6.38 0.02
5/1 Yr ARM 3.72 0.01
Updated: 6/14/10 3:24 PM
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June 14 (Bloomberg) -- Augustine Faucher, director of macroeconomics at Moody's Economy.com Inc., talks with Bloomberg's Matt Miller and Carol...
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CNBC's John Harwood has the latest on the financial reform battle in Washington.

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Recent Comments
Adam Quinones
on 6/14/2010 - read this comment
seeing scattered reprices for the better as the FN 4.0 and FN 4.5 tick into the green.
David Pereira
on 6/13/2010 - read this comment
I guess I am split on this related to an individual. To say that it was a crime appears a stretch, what crime would it be? I suspect the crimes they speak of are related to securities types of crimes and...
Kevin Lane
on 6/13/2010 - read this comment
I think people noticed but I agree that no one wanted to step up and do anything about it. I can honestly tell you when the Bear Sterns rep. showed up in our office peddling 80/20 Stated Option ARM non...
Frank Ceizyk
on 6/11/2010 - read this comment
Nobody wins in the blame game. Which part of our industry screamed the loudest when all of this was going on? Where was all the media coverage of these unfair business practices? How are we EDUCATING consumers...

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