Daily Newsletter: Disparities in Lending to Women; HARP Beats Expectations; Mortgage Rates

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30 Year Fixed 3.69%   +0.00 15 Year Fixed 2.99%   +0.00 10YR Treasury 2.02%   +0.0000 FNMA 30YR 3.5 105.02   +0.06 FNMA 15YR 2.5 104.88   +0.05 View Today's Rates

Wednesday March 13, 2013 MND NewsWire - 3:13PM Study Shows Apparent Disparities in Lending to Women A new study has revealed some apparent differences in the success rate of female and male mortgage applicants . The Woodstock Institute, a non-profit research organization, conducted ... MND NewsWire - 11:53AM HARP Beats Expectations, Toping the 2 Million Mark The Home Affordable Mortgage Refinancing Program ( HARP ) outperformed expectations in 2012 after enhancements to the program in late 2011 increased its availability to underwater homeowners ... MND NewsWire - 2:58PM HOPE NOW Aided over 100,000 Homeowners in January HOPE NOW reports that its members completed 78,397 permanent loan modifications during the month of January and 29,244 short sales . The voluntary, private sector alliance of mortgage ... Mortgage Rate Watch - 3:49PM Mortgage Rates Still Stratified But Sideways On Average Mortgage rates were flat on average today, but continued to be stratified depending on the lender. In other words, some rate sheets were moderately better than yesterday's latest while ... MBS RECAP: Straightforward Sell-Off and Bounce-Back Republicans Attacking CFPB on Multiple Fronts Threat Of Rising Rates Poses Funding Risks For GSEs And Banks RESPA and Dodd-Frank Conflict on Incentives; To Appraise or Not to Appraise, that is the Question VantageScore 3.0 Released, Touts Big Changes Less Than 4 Percent of Lenders 'Acceptable' According To New Risk Assessment Tool Ginnie Issuance Numbers; Continued MI News; Investor and Seminar News Investors Shouldn't be Worried about FHFA's Plan to Merge GSEs -Report Latest Video The Low Down on Fannie's Loans Home Depot CEO on GDP & the Housing Recovery Mortgage Credit Thawing More News from 'Around the Web' Reuters - 4:41PM EXCLUSIVE - U.S. to let spy agencies scour Americans' finances CNBC - 4:39PM Housing Rebound an Assist for Sales: Home Depot CEO www.aia.org - 5:27PM Architects Urge Passage of Small Business Tax Reform Package DataQuick - 3:18PM DataQuick: February SoCal Home Sales Report Realtor.Org - 2:31PM Lenders: What's Holding Back Loans House Financial Services - 2:20PM Financially Troubled FHA Crowding Out Private Sector Mortgage Insurers, Witnesses Tell Subcommittee Business Week - 11:48AM Graham Fisher Sees Parallels to Fannie Mae in JPMorgan The Big Picture - 10:58AM JPM: The Washington Mutual Story www.aei-ideas.org - 10:58AM Were those bank stress tests really this useless? Business Week - 10:24AM BofA Said to Cut 5% of Property Appraisers Amid Slowdown freddiemac.mwnewsroom.com - 10:19AM Freddie Mac Extends Mortgage Relief to Borrowers Affected by Mississippi Storms Bloomberg - 12:27AM Underwater Americans Skirting Default as HARP Use Rising NAFCU - 12:26AM CU reg burden raised at Cordray hearing Today's Comments MBS Live Chat - 1:32PM "REPRICE : 1:32 PM - Franklin American Better..." MBS Live Chat - 1:44PM "REPRICE : 1:44 PM - Sun West Mortgage Better..." MBS Live Chat - 1:52PM "REPRICE : 1:52 PM - Interbank Better..." MND NewsWire - 5:30PM "Ken, Could you let me know what you think about our solution to this problem? We have been independently tracking this specific problem for the 2+ years, and we decided to create our own analytics/SW solution to clean up messy data, uncover hidden operations risk, and improve lender operation quality..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.69% +0.00 15 Yr FRM 2.99% +0.00 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.81% +0.00 5/1 Yr ARM 3.02% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.78% 0.76 +0.08 30 Yr. Fixed 3.53% 1.11 +0.06 MBA ** 30 Yr. Fixed 3.70% 0.39 -0.07 15 Yr. Fixed 2.96% 0.36 -0.07 30 Yr. Jumbo 3.80% 0.37 -0.13 30 Yr. FHA 3.47% 0.33 -0.07 5/1 ARM 2.55% 0.37 -0.10 Freddie Mac ** 30 Yr. Fixed 3.52% 0.70 +0.01 15 Yr. Fixed 2.76% 0.70 +0.00 1 Yr. ARM 2.63% 0.30 -0.01 5/1 Yr. ARM 2.63% 0.50 +0.02 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR FNMA 3.0 102.41 +0.02 30YR FNMA 3.5 105.02 +0.06 30YR GNMA 3.0 103.95 +0.14 30YR GNMA 3.5 107.02 +0.09 15YR FNMA 3.0 104.88 +0.05 15YR FNMA 2.5 103.30 +0.08 Treasuries Yield Change 2 YR 0.2620% +0.0040 5 YR 0.8774% +0.0082 10 YR 2.0191% +0.0000 30 YR 3.2164% +0.0016 Prices as of: 3/13/2013 4:30PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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