Tuesday, April 24, 2012

HARP 3.0? California to Change Foreclosure Laws? MGIC and SunTrust Results

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Apr 24, 2012 10:40AM

HARP 3.0? California to Change Foreclosure Laws? MGIC and SunTrust Results

From the New York Times Science sections comes, "While baboons can't read, they can tell the difference between real English words and nonsensical ones, a new study reports. Baboons can master a basic element of reading, says a French team. "They are using information about letters and the relation between letters to perform the task without any kind of linguistic training," said one psychologist. He and his colleagues worked with six baboons that were given free access to touch-screen computers...

Apr 24, 2012 12:16PM

S&P, FHFA Home Price Indices Show Mixed Results

Two major home price indices released this morning indicate that, while home prices are improving the changes are slow and relative . The Federal Housing Finance Agency's (FHFA) Home Price Index rose 0.3 percent on a seasonally adjusted basis from January to February while S&P/Case Shiller 10-City and 20-City Composite indices showed annual losses of 3.6 percent and 3.5 percent respectively, an improvement over losses posted in January of 4.1 and 3.9 percent. The FHFA Index is calculated using...


Micro News

5:03 PM:

LPS "First Look" Shows Further Decline in Delinquencies

3:27 PM:

More New Lows For MBS; Another Notch Higher For Reprice Risk

3:05 PM:

Reprice Risk Rising Again as MBS Test Lows

2:14 PM:

MBS Fairly Well-Supported. Overall Momentum Fairly Sideways

10:50 AM:

Reprice Risk Already? Depends on Rate Sheet Time.

10:13 AM:

ECON: FHFA House Price Index Up 0.3 Percent in February

10:09 AM:

ECON: New Home Sales Beat Consensus, But Lower Vs. Feb

10:05 AM:

ECON: The Conference Board Consumer Confidence Index Virtually Unchanged

Around the Web

Video News

Ahead of Bernanke's Fed Meeting

FHFA Under Pressure

90 Seconds with Art Cashin: 'Head Fake' on New Home Sales


Today's Comments

Frank Ceizyk

"Wow Matt--I usually agree with you but here's the problem with your iron story--imagine if mom, and everybody around you that was a trusted source..."

Matthew Graham

"It's morbidly funny, in a way, to see the ongoing flood of reaction to mortgage melt-down. It reminds me of when I was 5 years old... I reached for..."

Rick Baron

"They're reinventing the wheel. Did they come up with this all by themselves, or did someone tell them that's what was in place and worked well..."

Today's Q&A

"Can we stop the extention of a loan by a spouse"

"can delinquent property taxes be rolled into new loan amount on a VA IRRRL?"

"Where can I find a current lien holders and/or property owners of a real estate property"