Distressed Properties Account for 24% of Home Sales in Q2 2010

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Distressed Properties Account for 24% of Home Sales in Q2 2010 According to the 2nd Quarter RealtyTrac Sales Report issued this morning, sales of homes in the process of pre-foreclosure or out of lenders real estate... - MND NewsWire Loan Level Reviews Slow the Mortgage Funding Process. Lenders Turn to Technology Industry evolutions over the past 5 years cemented the growing requirement for loan level reviews of collateral before warehouse lenders would release... - The Garrett Watts Report GSE Loan Limits Extended for Another Year. FHA Appropriated $20 Billion H.R. 3081: Making Continuing Appropriations for Fiscal Year 2011, and For Other Purposes, passed the House of Representatives this morning. Buried in that... - MND NewsWire First Look REO Strategy Helps Home... - Voice of Housing Volatile Day for Mortgage Rates... - Mortgage Rate Watch Chase Suspends Foreclosures; Loan... - Pipeline Press Rates Recover as Stock Lever Spurs... - MBS Commentary MBS Break Multiple Support Levels... - MBS Commentary DATA FLASH: Fewer Jobless Claims... - MBS Commentary Household Formation a Function... - MND NewsWire Refinance Apps Decline for Fourth... - MND NewsWire »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 4.0 102-27 0-03 FNMA 4.5 104-07 0-04 FNMA 5.0 105-11 0-03 FNMA 5.5 106-11 0-03 FNMA 6.0 107-12 0-01 Updated: 9/30/10 4:31 PM Treasuries 3 MO 0.1600 0.0000 2 YR 0.4200 -0.0200 5 YR 1.2700 -0.0100 10 YR 2.5300 0.0100 30 YR 3.6900 0.0000 Updated: 9/30/10 5:40 PM Mortgage Rates 30 Yr FRM 4.34 0.02 15 Yr FRM 3.72 0.01 FHA 30 Year 4.36 0.00 Jumbo 30 Year 5.54 0.02 5/1 Yr ARM 3.55 0.00 Updated: 9/30/10 6:13 PM Latest Video       View:All Videos September's Record Breakers 9/30/2010 This month was the best September in 70 years. A look at the best performing sectors. The Definition of Rich 9/30/2010 What is the definition of "rich" in America? Dan Gross, of Yahoo Finance, and Tony Fratto, former White House deputy press secretary, debate... Building a Recovery 9/30/2010 Ian Cheshire, CEO of Kingfisher, Europe's largest home improvement store and the third largest in the world, discusses the economy and his company's... Around The Web       Special Report: The ties that bind at the Federal Reserve House and Senate Committees Continue Debate on the Future of Housing Finance Treasury Provides $3.5 Billion More to Hardest Hit States American Dream Attracting More Foreigners Owners Spending Less on Housing Big Bank Foreclosure Delays Signal Big Trouble Is Government About to Make Mortgage Market Even Worse? Highest property taxes in the country Low Impact Development Regulations Must be Flexible, NAHB Says Fannie Mae and Freddie Mac: Serious Delinquent Rates decline »View All Recent Articles JOIN THE CONVERSATION Recent Comments John White on 9/30/2010 - read this comment 30 yr at 4%? I would take that action. D Thompson on 9/30/2010 - read this comment streamlining my 30yr fha and wondering if i should hold off for a little before locking. currently looking at 4.0 costing .625 pts. had my wife a least get the case number so as not to have to pay more... Kent Taylor on 9/30/2010 - read this comment Can I recast my vote on purchase demand poll? :) I was wrong - the last 2-3 weeks has been pretty slow. And we are told that our local economy in N Texas has added 30,000 jobs since late August. - Renters... mdeery on 9/29/2010 - read this comment I would say 1 in 3 of my existing clients are all for refinancing from 4.875% to 4.25% with no points, a total cost analysis shows the long term benefits are well worth it. I would say half of them dont... Questions i want to transfer the joint mortgage i have with my ex partner... Based on my tax assessment my mortgage is underwater. Can the... if i do a deed in lieu of foreclosure will i be forced too pay... Do tastefully placed family pictures help or hinder when you... Answers My son who is disabled wants to refinance his home.His disability... Once I pass the state exam for realtor's, What is the next... After looking at a house, our agent called the next day to say... Can anyone qualify for a USDA loan or are there criteria you... Forum Discussions Real Estate Agent Unscrupulous Activity Lost My Escrow Money Course Requirements Indiana Real Estate License? Investment Condo Interest Rate Convicted Felon Real Estate Agent in South Carolina Loan Scenarios Post | View All   State Date Amount Loan Type CA 9/29/2010 490,000.00 Refinance (Rate and Term) TX 9/28/2010 280,000.00 Refinance (Rate and Term) NJ 9/28/2010 400,000.00 Cash Out Refinance WI 9/24/2010 575,000.00 Purchase FL 9/24/2010 1,400,000.00 Refinance (Rate and Term) IA 9/23/2010 330,000.00 Refinance (Rate and Term) Mortgage News Daily

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Mortgage Rates Dip Below 4.25%. Closing Costs Rise

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Mortgage Rates Dip Below 4.25%. Closing Costs Rise Mortgage rates touched record lows yesterday. Unfortunately mortgage rates rose from those record lows today. Mortgage rates didn't really "rise" though... - Mortgage Rate Watch Response to Rapid Refi Rumors; Wells Exec Speaks Out on Future of Mortgage Industry; Lock Desks Look for Loans; PMI Max LTV Increased New pre-election refi plan; rate sheet rates moving lower along with profit margins; Wells exec speaks out on mortgage future - Pipeline Press Household Formation a Function of Immigration & Employment The Harvard report on The State of the Nation's Housing reports that both household income and household wealth have dropped since the beginning of... - MND NewsWire Refinance Apps Decline for Fourth... - MND NewsWire Homebuilders Lose Funding Sources... - Voice of Housing MBS Close at Lows After Bid Goes... - MBS Commentary Debt Investors Ignore Expensive... - MBS Commentary RUMOR: Rapid Refinance Loan Modification... - MND NewsWire Phantom MBS Coupon Makes Appearance... - MBS Commentary Fannie Mae Offers Forbearance Option... - MND NewsWire MBA Study: FinReg Reform to Reduce... - MND NewsWire »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 4.0 102-22 -0-09 FNMA 4.5 104-05 -0-02 FNMA 5.0 105-10 0-00 FNMA 5.5 106-07 -0-03 FNMA 6.0 107-12 0-00 Updated: 9/29/10 4:31 PM Treasuries 3 MO 0.1600 0.0000 2 YR 0.4400 0.0700 5 YR 1.2800 0.0300 10 YR 2.5200 0.0400 30 YR 3.6900 0.0300 Updated: 9/29/10 5:40 PM Mortgage Rates 30 Yr FRM 4.32 0.01 15 Yr FRM 3.71 -0.01 FHA 30 Year 4.36 0.01 Jumbo 30 Year 5.52 0.00 5/1 Yr ARM 3.55 -0.01 Updated: 9/29/10 5:00 PM Latest Video       View:All Videos Reviving Housing 9/29/2010 Discussing solutions to fix the underwater mortgage crisis and ways to jump-start the American recovery, with David Berenbaum, National Community Reinvestment... Credit Conundrum 9/29/2010 A look at why investors are shunning sovereign debt but plowing into corporate debt, with Tim Backshall, of Credit Derivatives Research. Realty Check: Loan Demand 9/29/2010 Home loan demand fell for the fourth straight week, reports CNBC Diana Olick. She has more on this and other real estate headlines. Around The Web       Florida's Ongoing Foreclosures Nightmare Fed's Plosser says asset buys unneeded A New Tax Break for the Self-Employed Is Government About to Make Mortgage Market Worse? IMF Says Steps Needed to Avert Systemic Liquidity Shortages Reducing Role of Credit Ratings Would Aid Markets House Committee Debates Livable Communities Act Commentary: Homeownership Matters--Homeownership and Social Capital Fed's Rosengren: Fed must respond "vigorously, creatively, thoughtfully, and persistently" Fed Official: New Asset Buying Would Have 'More Muted' Impact »View All Recent Articles JOIN THE CONVERSATION Recent Comments Amy Tierce on 9/29/2010 - read this comment We are being re-trained as an industry. Yes, we can close a very well documented loan in two weeks with some amount of stress. But today there is no common sense, the lenders are tellling us that full... Frank Ceizyk on 9/28/2010 - read this comment This environment enables us to show our expertise as more than just app taking salesmen--the truth is we got lazy and spoiled by stated income guidelines, streamline underwriting findings and driveby appraisals... Ray J on 9/28/2010 - read this comment I hear you Adam. I deal with similar issues regularly. What's the solution? A common sense approach to underwriting? We are already hyperregulated and it seems to me noting done over the last year... Adam Dahill on 9/28/2010 - read this comment Rates are great but lenders are incompetent and turn times are HORRENDOUS. Why can't they get their act together and improve the process is what I ask? Client making 1million taking a loan for 200k... Questions With the Harp Loan, is this a conventional loan? Does it in any... After looking at a house, our agent called the next day to say... My wife and I file a Joint return. She is self employed and shows... What are the upfront fees associated with a USDA loan and how... Answers What is APR? What is loan to value ratio (LTV)? I'm looking at the difference between and 30 and 15 year... What is the average down payment necessary for a home loan in... Forum Discussions We have a private lender, options?? Loan Scenario: CA, $490,000, 800, 57% LTV, Refinance (Rate and Term) Short sale complete, Bank wants to negotiate Heloc When can I expect to receive a new payment book? how many REOs are currently in America? And is there a list showing which states have how many or what major cities have the most REOs? Loan Scenarios Post | View All   State Date Amount Loan Type CA 9/29/2010 490,000.00 Refinance (Rate and Term) TX 9/28/2010 280,000.00 Refinance (Rate and Term) NJ 9/28/2010 400,000.00 Cash Out Refinance WI 9/24/2010 575,000.00 Purchase FL 9/24/2010 1,400,000.00 Refinance (Rate and Term) IA 9/23/2010 330,000.00 Refinance (Rate and Term) Mortgage News Daily

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