Thursday, August 19, 2010

Lending Operation Practices that Lead to Revenue Growth

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
My most recent post talked about some of the bad habits and practices we've uncovered during our FOCIS and FOCIS-plus reviews of mortgage bankers. Now... - The Garrett Watts Report
Consumer indebtedness as well as consumer delinquencies improved during the second quarter of the year according to a Federal Reserve Bank Survey. While... - MND NewsWire
Three weeks have passed, the Congress did their job and appropriated unlimited funding for the USDA Rural Housing Program, yet all loans under Section... - MND NewsWire
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MBS Quotes
FNMA 4.0 102-26 0-14
FNMA 4.5 104-17 0-15
FNMA 5.0 105-29 0-11
FNMA 5.5 106-23 0-05
FNMA 6.0 107-17 -0-05
Updated: 8/19/10 4:34 PM
Treasuries
3 MO 0.1600 0.0000
2 YR 0.4900 -0.0200
5 YR 1.4100 -0.0500
10 YR 2.5800 -0.0600
30 YR 3.6600 -0.0700
Updated: 8/19/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.36 -0.03
15 Yr FRM 3.75 -0.03
FHA 30 Year 4.42 -0.03
Jumbo 30 Year 5.61 -0.02
5/1 Yr ARM 3.43 -0.03
Updated: 8/19/10 5:56 PM
Latest Video      
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Food Safety
8/19/2010
Jean Halloran, of the Consumers Union, discusses the U.S. food safety, particularly the recall of 380 million eggs linked to a salmonella outbreak at an...
Obama's Small Biz Push
8/19/2010
President Barack Obama encourages passage of the small business bill, which is currently stalled in Congress
Return of Shadow Banking?
8/19/2010
Is shadow banking making a comeback? CNBC's Herb Greenberg takes a closer look.

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Recent Comments
Adam Quinones
on 8/19/2010 - read this comment
I still think rates move higher in the day's ahead.
Edgar
on 8/19/2010 - read this comment
Man that was some bad data this morning. Back to 500k a week job losses, and get read for that to continue to rise as more local and state governments shut down services. MBS to continue rally into tomorrow...
mark bresee
on 8/19/2010 - read this comment
We purchased a new home in Naples, FL for $359,200 with 22% down (finance company had the wrong purchase price, so I had to come up with an extra $8000 at closing, not happy about that one), so our loan...
Jason Harris
on 8/19/2010 - read this comment
I work at Wells and it is possible to close a clean conventional refi in less than 30 days. In fact I submitted one on the 8th and should get a CTC today. It does depend on what fulfillment center you...

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