Jul 14, 2011 10:31AM RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the magnitude of the trajectory. The mid-year report, released on Thursday, solidifies the impression of an improving situation. Foreclosure filings nationwide were down 29 percent during the first half of 2011 compared to the last half of 2010 and were 25 percent lower than filings during the first half of last year. Still, the numbers are still depressing; one in... Jul 14, 2011 4:27PM The day got off to a slow start with both benchmark TSYs and "rate sheet influential" MBS experiencing modest price declines as stocks ventured marginally higher. Lenders who did not reprice for the better yesterday afternoon passed along gains this morning, which essentially erased today's weakness and left pricing unchanged. Lenders who did reprice for the better yesterday took back those gains this morning, leaving loan pricing basically unchanged. It was a real barnburner. Rates did however begin...
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