Daily Newsletter: 'Jumpstart GSE Reform Act'; MBA on QM Points and Fees; Blackstone Buying $100M Homes a Week

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30 Year Fixed 3.69%   +0.00 15 Year Fixed 2.98%   -0.01 10YR Treasury 2.04%   +0.0175 FNMA 30YR 3.5 105.06   +0.05 FNMA 15YR 2.5 104.97   +0.09 View Today's Rates

Thursday March 14, 2013 MND NewsWire - 11:19AM Senators Introduce Bill To Prohibit G-Fee Hikes Being Used For Spending A bi-partisan group of Senators has introduced legislation that would prohibit any increase in the guarantee fees levied by Freddie Mac and Fannie Mae (the GSEs) from being used to ... MND NewsWire - 1:24PM MBA Applauds Bill to Clarify QM Points and Fees Representative Bill Huizenga, (R-MI) has introduced HR 1077, a bill To amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with ... MND NewsWire - 1:53PM FHFA OIG Looks at Freddie Mac's $1.2B Lehman Brothers Loss The Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) has published an evaluation report detailing Freddie Mac's involvement in unsecured lending to Lehman Brothers ... Pipeline Press - 5:23PM Blackstone Buying $100M Single Family Homes per Week; LO Comp Plan Impact Default Rates? MBA Compliance Classes and QRM Update Happy Pi Day (3.14) and speaking of pie (I know, a weak transition), if you think the U.S. government is knee-deep in the mortgage business check this out: the US Department of Agriculture ... Mortgage Rates Fall Back To Unchanged After Morning Weakness MBS RECAP: Big Rally (Back to Unchanged) Foreclosure Inferno Contained, but Dangerous Flare-ups Still Popping Up: RealtyTrac Study Shows Apparent Disparities in Lending to Women HOPE NOW Aided over 100,000 Homeowners in January HARP Beats Expectations, Toping the 2 Million Mark Republicans Attacking CFPB on Multiple Fronts Latest Video Lending Club CEO on Getting a Loan Without a Bank Housing `Never Been More Affordable,' Burns Says Santelli's Midday Bond Report More News from 'Around the Web' CNBC - 5:02PM JPMorgan to Raise 2nd Quarter Dividend, Announces Buyback; BoA to Buyback $5 Billion in Common Stock, $5.5 Billion in Preferred Shares CNBC - 5:02PM Fed Flags 'Weakness' in JPMorgan, Goldman Sachs Capital Planning; Ally, BB&T Plans Rejected CNBC - 5:02PM Treasury's Lew to CNBC: No Reason to Worry About Market Bubble Fannie Mae - 5:00PM Fannie Mae Prices $904.3 Million Multifamily ... Business Week - 2:01PM Geithner has "behind-the-scenes" account of the financial crisis book deal Bloomberg - 1:55PM Securitization Group Takes First Public Action Since Defections freddiemac.mwnewsroom.com - 10:04AM Freddie Mac: Mortgage Rates up on Signs of Improving Economy www.aei.org - 8:43AM FHA Watch, March 2013 (Vol. 2, No. 2) CNBC - 8:42AM Foreclosure Hot Spots Continue to Plague Market Business Week - 12:44AM Home Repossessions Drop 29% to Lowest in US Since 2007 CNBC - 4:39PM Housing Rebound an Assist for Sales: Home Depot CEO Today's Comments MBS Live Chat - 3:51PM "REPRICE : 3:51 PM - Suntrust Better..." MBS Live Chat - 3:25PM "REPRICE : 3:25 PM - USBank Better..." MBS Live Chat - 3:21PM "REPRICE : 3:21 PM - Franklin American Better..." MBS Live Chat - 3:14PM "REPRICE : 3:14 PM - Chase Better..." MBS Live Chat - 3:03PM "REPRICE : 3:03 PM - Freedom Mortgage Better..." MBS Live Chat - 2:40PM "REPRICE : 2:40 PM - Caliber Funding Better..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.69% +0.00 15 Yr FRM 2.98% -0.01 FHA 30 Year Fixed 3.40% +0.00 Jumbo 30 Year Fixed 3.80% -0.01 5/1 Yr ARM 3.01% -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 3.63% 0.80 +0.11 15 Yr. Fixed 2.79% 0.80 +0.03 1 Yr. ARM 2.64% 0.40 +0.01 5/1 Yr. ARM 2.61% 0.60 -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 3.0 102.39 -0.02 30YR FNMA 3.5 105.06 +0.05 30YR GNMA 3.0 103.88 -0.08 30YR GNMA 3.5 107.06 +0.05 15YR FNMA 3.0 104.97 +0.09 15YR FNMA 2.5 103.36 +0.06 Treasuries Yield Change 2 YR 0.2660% +0.0040 5 YR 0.8791% +0.0017 10 YR 2.0366% +0.0175 30 YR 3.2430% +0.0266 Prices as of: 3/14/2013 4:32PM 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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