Heading in Wrong Direction: Falling FICOs, Tighter Credit Regs, Expensive LLPAs

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Heading in Wrong Direction: Falling FICOs, Tighter Credit Regs, Expensive LLPAs Fixing a consumer's credit is not an easy process, nor is it quick. Depending on the make-up of defaults, it can take years to rebuild a credit profile... - MND NewsWire Fed Minutes: Expansion Slows as Stimulus Fades. Expect Persistant Weakness in Housing Market Stimulus is wearing off and the economy is trying to gain recovery traction on its own (with the help of a 0.00-0.25% Fed Funds Rate). While the macroeconomic... - MND NewsWire Mortgage Rates: Are We Witnessing a Loan Pricing War? Call me crazy but I think we've been witnessing a lender price war in the primary mortgage market. - Mortgage Rate Watch Loan Fraud Declines as Lenders... - MND NewsWire 30 Year Bond Auction Results and... - MBS Commentary Mortgage Investor Gossip; FICO... - Pipeline Press Confronting and Conquering Change in the Mortgage Industry FHFA Looks to Reduce GSE Liability... - MND NewsWire Homelessness Rife with Hidden Taxpayer... - MND NewsWire Notification Day: How Does the... - MBS Commentary HARP Subordination Scenario; Jumbo... - 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 4.0 101-11 0-13 FNMA 4.5 103-24 0-12 FNMA 5.0 105-29 0-08 FNMA 5.5 107-16 0-04 FNMA 6.0 108-25 0-05 Updated: 7/14/10 4:39 PM Treasuries 3 MO 0.1500 0.0000 2 YR 0.6200 -0.0500 5 YR 1.8200 -0.0800 10 YR 3.0700 -0.0800 30 YR 4.0300 -0.0700 Updated: 7/14/10 5:41 PM Mortgage Rates 30 Yr FRM 4.68 0.02 15 Yr FRM 4.06 0.01 FHA 30 Year 4.69 0.03 Jumbo 30 Year 6.08 0.02 5/1 Yr ARM 3.68 0.03 Updated: 7/14/10 8:14 PM Latest Video       View:All Videos Behind Brazil's Housing Boom 7/14/2010 Brazil's real estate market is booming, and Wilson Amaral, CEO of GAFISA, tells CNBC why. Cut Pensions To Balance Budget? 7/14/2010 Debating whether states should cut public pensions to balance ballooning budgets, with Kerry Korp, AFSCME director of research and Dr. Christopher Metzler... Strong Earnings vs. Slower Growth 7/14/2010 Earnings season is off to a strong start, with David Katz, Matrix Asset Advisors and Dan Chung, Fred Alger Mgmt. Around The Web       Statement of FHFA Acting Director Edward J. DeMarco on PACE Programs Home Builder Stocks: In the Canoe, the Deflated Raft or the Double-Dip? AIA Forecast: Nonresidential Construction Spending to fall 20% in 2010 Obama Advisers Says Stimulus Saved or Created Three Million Jobs How States are Dodging Debt Defaults PersonalFinance: The lure of low mortgage rates Home Sellers Slashing Prices, While Banks Mow the Lawn Two Sides of Recovery: Shipping Up, Housing Down Commentary: Why Are Loan Modifications So Difficult? Fed Sees Slower Growth »View All Recent Articles JOIN THE CONVERSATION Recent Comments Michael Becker on 7/14/2010 - read this comment mdeery, US Bank should be able to help you with that 2nd. They do stand alone fixed and HELOCS Adam Quinones on 7/14/2010 - read this comment SPEAKING OF PRODUCT...I got an email today from Fidelity Bancorp Funding, Inc. YOU WONT BELIEVE IT UNTIL YOU CALL AND THEY CONFIRM: Yes it is true, we have a No Income, No Ratio Loan up to $3,000,000.... Jason Harris on 7/14/2010 - read this comment mdeery....FHA should work there if it makes sense for the client. Or you might consider a $417,000 first and a HELOC to 80% for the leftovers.... mdeery on 7/14/2010 - read this comment Heading in wrong direction? I have to absolutely agree..check this out..my client has a 800 score and a 20 year W2 job, $350k first, $85k 2nd that they took out after the purchase money first, debt ratios... Questions How can I pay-off a mortgage faster? If I become the owner of a home property by a quick deed, am... A mortgage was taken out in my name. how do i find it and all... How can I get jobs doing broker priced opinions with pay and... Answers what are the questions to ask a realtor when wanting to buy bank... What is an ward letter? We are in the process of a loan modification... What items do home appraisers seek to find that would give higher... What is a Short Pay Refinance? Forum Discussions National Wholesale Jumbo / Portfolio Lender Is their such thing as HARP Taditional? That has a 125% LTV? Home in foreclosure, cash out refinance, what happens now? Subordination luck more than or equal to 100% CLTV Advice on an extremely convoluted situation Loan Scenarios Post | View All   State Date Amount Loan Type WA 7/13/2010 209,000.00 Refinance (Rate and Term) NV 7/5/2010 1,800,000.00 Construction CA 7/2/2010 400,000.00 Purchase CA 7/2/2010 333,000.00 Refinance (Rate and Term) FL 7/2/2010 700,000.00 Cash Out Refinance MO 7/1/2010 417,000.00 Purchase Mortgage News Daily

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