Training Sessions, NMLS Stats and Fraud Numbers; Oakland to Require Foreclosure Fees

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May 21, 2012 11:11AM Lots of Training Sessions, NMLS Stats and Fraud Numbers; Oakland to Require Foreclosure Fees Some people are looking to fill their time - apparently they have too much on their hands . On the other hand, some companies are looking to fill jobs. PHH Mortgage is looking to fill positions in its Mt. Laurel, NJ, Jacksonville, FL, and Sacramento, CA offices, from entry-level customer service representatives to licensed and experienced originators, processors, conventional and FHA underwriters, and experienced managers. PHH, one of the top five retail originators in the nation, is seeking people... May 21, 2012 2:36PM Mortgage Rates Rise Slightly From Friday's All-Time Lows Mortgage Rates rose very slightly from Friday's new all-time lows. There were no major market moving events for interest rates today. Instead, we seem to be seeing a sort of 'leveling off' with last Thursday as the low point in terms of the broader bond market. Concerns over the European sovereign debt crisis continue to keep rates from moving too quickly in either direction, and are a major contributor in the low rates in general. 3.75% continues to hold the newly achieved status as "Best-Execution... MBS RECAP: Relatively Quiet and Modestly Weaker More Lender Updates; Letters from the Trenches and Legal Updates Focused on the CFPB A Note on The Implications Of Flat Fee Pricing; Lender Updates Continue; Ready For Another Refi Wave? Realtors Show Clout, 'Protecting The American Dream' in DC Rally MBS MID-DAY: Scheduled Fed Buying The Focal Point On Otherwise Data-Less Morning The Week Ahead: Light Data Calendar, Treasury Auctions, Holiday Weekend View: Front Page | Headline Viewer Micro News 3:05 PM: MBS Incrementally Weaker In The Afternoon, Slightly More Reprice Risk 12:35 PM: MBS Hit Lows Of The Day. Negative Reprice Risk Slightly Increased 10:29 AM: Bond Markets Sideways Near Friday's Weakest Levels 9:51 AM: Majority of Eurogroup Would Vote For Greek Exit 3:15 PM: MBS Hit Lows After TSY Close, Late-Day Stock Bounce 12:08 PM: The Facebook Effect: Stock Lever Causing Volatility for Bonds 11:01 AM: MBS Bounce at Session Lows, Looking For Support 10:11 AM: Bond Markets Slightly Weaker, but Holding Ground, No Data Ahead »View All Micro News Around the Web Fed's Lockhart: No Need to Extend Operation Twist Bank of America CEO "comfortable" with bank's investments The Fed: QE impact on mortgages muted by market forces: Fed Housing starts: The problem with the government's numbers The skinny on FICO® Scores and inquiries Investor Caution: Beware of Heat in Distressed Housing »View More Around the Web Video News Deutsche Bank: The Road Ahead Lee Says U.S. Durable Goods, Housing Recovering Edward Conard on Bank Industry Outlook, Economy »View More Video News Today's Comments "The inherent risk of mortgage lending is a consideration that cannot be effectively managed using flat fee principles. Educated consumers matched up with..." "I can already hear state AGs falling over themselves to sue lenders who charge "excessive fees" such as $4K on a $50,000 loan. Flat pricing would..." "The more you regulate a profession the less people will endure the regulation. That's why you see the drop in individual licenses. This system will..." »View More Comments Today's Q&A "What is a high cost loan" "Can seller ask to see what bank appraisal amount is?" "Can we avoid credit checks while shopping for a HARP 2.0?" »View More Q&A jeffer90576 Profile View Edit Market Data Mortgage Rates 30YR 3.81 0.01 15YR 3.09 0.01 FHA30YR 3.73 0.00 Jumbo30YR 4.11 0.01 5/1ARM 3.01 0.01 MBS Quotes 30YR FNMA 3 104-12 -0-02 30YR FNMA 4 106-02 -0-01 30YR FNMA 4 107-03 0-00 30YR FNMA 5 108-13 -0-01 Treasuries 2 YR 0.2904 -0.0076 3 YR 0.4004 -0.0136 5 YR 0.7427 -0.0033 7 YR 1.1654 0.0024 10 YR 1.7431 0.0201 30 YR 2.8079 0.0059 Recent Housing Data Visit our Market Data Center for all of the latest housing numbers, graphs, etc. Building Permits -7.02% Housing Starts 2.58% Construction 0.10% Mortgage Application 9.18% Mortgage Refinance 12.97% Mortgage Purchase -2.38% Forward Know someone who might be interested in this email? Forward it. Newsletter Archive Front Page | Headline Viewer | Video | Forums | Q&A | Market Data | Rates | Marketplace : Consumer - Industry © 2012 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031