Friday, September 24, 2010

Treasury Moves to Revise RESPA Forms and Simplify TILA Disclosures

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Top Stories      
Newly appointed Assistant to the President Elizabeth Warren and Treasury Secretary Tim Geithner hosted a forum earlier this week to allow concerned parties... - MND NewsWire
Owner occupants and public groups using NSP funds have purchased 29,000 homes over the past year through a Fannie Mae program which gives them first crack... - MND NewsWire
Sales of new single-family houses in August 2010 were at a seasonally adjusted annual rate of 288,000. This is unchanged (±16.7%) from the revised July... - MND NewsWire
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MBS Quotes
FNMA 4.0 102-17 -0-11
FNMA 4.5 104-01 -0-08
FNMA 5.0 105-07 -0-04
FNMA 5.5 106-07 -0-06
FNMA 6.0 107-09 -0-01
Updated: 9/24/10 4:27 PM
Treasuries
3 MO 0.1500 -0.0100
2 YR 0.4500 0.0000
5 YR 1.3700 0.0300
10 YR 2.6200 0.0600
30 YR 3.7900 0.0600
Updated: 9/24/10 5:45 PM
Mortgage Rates
30 Yr FRM 4.38 0.03
15 Yr FRM 3.79 0.03
FHA 30 Year 4.42 0.03
Jumbo 30 Year 5.58 0.02
5/1 Yr ARM 3.64 0.03
Updated: 9/24/10 5:26 PM
Latest Video      
View:All Videos
Highlights From Bernanke Speech
9/24/2010
Fed Chairman Ben Bernanke is giving a public lecture on the economy at Princeton University. CNBC's Steve Liesman has the highlights.
Hurdles Remain for Housing
9/24/2010
New Homes Sales data shows the housing market is still hurting. Kelsey Hubbard talks with Jerry Howard, CEO of the National Association of Home Builders...
The $11 Trillion Pledge
9/24/2010
Whether there is any truth to the numbers behind the $11.1 trillion deficit over the next ten years, with Michael Linden, Center for American Progress...

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Recent Comments
mdeery
on 9/24/2010 - read this comment
Most of my wholesalers AQ are minimum 10 days to 2 weeks in u/w, a few of them priced themselves out of the market to slow production. I locked in 5 more on Wednesday, better out of sight out of mind so...
Adam Quinones
on 9/24/2010 - read this comment
What about turn times? I know a few shops are longer but I havent heard of anything drastic. I think lock desks over hedged. This smells of increased loan pricing competition. At least one investor will...
Phil Harris
on 9/24/2010 - read this comment
The 'downward spiral' is something that every in this industry has seen or experienced. Working with FHA loans and the people who are borrowing.. you can just see the uncertaintly in their eyes...
Adam Quinones
on 9/24/2010 - read this comment
WASHINGTON, Sept 24 (Reuters) - Delinquencies on U.S. home mortgages fell slightly in the three months through June, though the number of homeowners who lost their homes rose sharply from the first quarter...

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