| Mar 14, 2012 4:50PM Mortgages Rates moved higher today at their fastest pace in months. 3.875% Best-Execution is off the table today and even the more aggressively-priced group of lenders is most advantageously priced at 4.0%, some lenders at 4.125%. This was a very big, very fast move. (read more about Best-Execution calculations ). For those that want to know WHY rates moved higher so quickly: (NOTE: For most of this discussion, we'll actually reference 10yr Treasury yields, even though it is Mortgage-Backed-Securities... Mar 14, 2012 3:48PM The Department of Housing and Urban Development released five reports from its Office of Inspector General on Tuesday based on reviews of the foreclosure and claims processes of the five largest Federal Housing Administration (FHA) mortgage servicers . OIG conducted the audit of Bank of America, Wells Fargo Bank, CitiMortgage, JPMorgan Chase, and Ally Financial, Inc, after allegations were made in the fall of 2010 that national mortgage servicers were engaged in questionable foreclosure practices...
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