Daily Newsletter: Home Prices Rise At Fastest Pace Since 2006, Homeownership Lowest Since 1996

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30 Year Fixed 3.42%   -0.01 15 Year Fixed 2.73%   -0.01 10YR Treasury 1.67%   +0.0016 FNMA 30YR 3.5 106.55   +0.02 FNMA 15YR 2.5 105.56   -0.02 View Today's Rates

Tuesday April 30, 2013 MND NewsWire - 10:52AM Home Prices Increase at Fastest Annual Pace Since May 2006- Case Shiller Every city in the S&P Case-Shiller 20-City Composite Index has now posted annual increases for at least two consecutive months. The February 2013 indices released this morning showed ... MND NewsWire - 2:31PM Homeownership Hits 17-year Low The U.S. vacancy rate and the rate of homeownership both declined in the first quarter of 2013 with the homeownership rate hitting the lowest level in 17 years . According to the Census ... MND NewsWire - 12:16PM Foreclosures Increase Slightly in March, But Maintain Longer Term Downtrend Despite another month-over-month uptick, foreclosures continue to decline on an annual basis and, according to a report from CoreLogic today, are now down 52 percent from the peak in ... MND NewsWire - 4:05PM FHFA: Progress Report on Fannie/Freddie Replacement The Federal Housing Finance Agency (FHFA) has released a progress report on the common securitization infrastructure (CSI) being constructed as a replacement for the existing processes ... MBS RECAP: More Intraday Volatility But Little-Changed at The Close Organization's Roles in LO Comp Developments - Give us Clarity!; Change to FL's Foreclosure Process? Mortgage Rates Continue Tip-Toeing Into 2013 Lows Freddie Announces New Loan Purchase Tool For Pre-Purchase Error Check Latest Video No `Spring Swoon' for U.S. Housing, Thornberg Says Apple Closes Order Book on Record Debt Sale JPMorgan Downgrades Pulte Home More News from 'Around the Web' Reuters - 11:36AM Consumer confidence rebounds in April WSJ - 11:38AM Five Takeaways From the Latest Case-Shiller Report CNBC - 1:00PM Some Murmur Bubble as US Home Prices Rise Fast Reuters - 12:50PM Bonds erase gains amid positioning for Apple debt sale WSJ - 11:38AM Debate Over Labor Force Participation www.ourbroker.com - 11:39AM Wealth Gap Creates More Foreclosures and Short Sales Washington Post - 1:59PM Why the Fed probably won't expand QE on Wednesday FHFA - 2:08PM FHFA Issues Update on Development of a Common Securitization Infrastructure www.aei.org - 3:44PM Privatizing Fannie: Déjà vu all over again The Basis Point - 3:49PM How Technology Is Helping & Hurting Realtors: RealTech 2013 www.npr.org - 4:42PM Sequester Puts Some Needing Housing Aid 'Back To Square One' Bloomberg - 11:33AM Yellen Has the Right of First Refusal at Fed, Meyer Says - Bloomberg Today's Comments MBS Live Chat - 12:21PM "REPRICE : 12:21 PM - Provident Funding Worse..." MBS Live Chat - 12:31PM "hey guys - my u/w is telling me we can't ignore a car lease payment with 12 months proof of paid through biz. Is she right? I always thought we could omit regardless of lease status..." MBS Live Chat - 12:34PM "The guide states liabilities, not installment loans can be omited with 12 month proof of payments..." MBS Live Chat - 12:35PM "Look at the personal and business tax returns, if there is a deduction on the tax returns for it regardless wether its a lease or loan they should exclude otherwise you are double hitting him for a liability and loosing income..." MBS Live Chat - 12:39PM "https://www.fanniemae.com/content/guide/sel040913.pdf..." MBS Live Chat - 12:40PM "page 514..." MBS Live Chat - 12:40PM "three options to exclude use last option if on tax returns..." MBS Live Chat - 12:41PM "thanks Ben..." MBS Live Chat - 12:41PM "very helpful..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.42% -0.01 15 Yr FRM 2.73% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.54% -0.01 5/1 Yr ARM 2.96% +0.00 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 3.67% 0.50 -0.01 15 Yr. Fixed 2.91% 0.34 -0.01 30 Yr. Jumbo 3.77% 0.27 -0.02 30 Yr. FHA 3.37% 0.55 -0.06 5/1 ARM 2.57% 0.29 -0.01 Freddie Mac ** 30 Yr. Fixed 3.40% 0.80 -0.01 15 Yr. Fixed 2.61% 0.70 -0.03 1 Yr. ARM 2.62% 0.30 -0.01 5/1 Yr. ARM 2.58% 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 3.0 104.63 +0.06 30YR FNMA 3.5 106.55 +0.02 30YR GNMA 3.0 106.42 +0.13 30YR GNMA 3.5 108.92 +0.03 15YR FNMA 3.0 105.56 -0.02 15YR FNMA 2.5 104.53 0.00 Treasuries Yield Change 2 YR 0.2113% -0.0038 5 YR 0.6744% -0.0015 10 YR 1.6683% +0.0016 30 YR 2.8709% -0.0030 Prices as of: 4/30/2013 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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Daily Newsletter: LPS Home Prices Rise; Mortgage Rates Improve; Challenges and Goals of GSE Prenup

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30 Year Fixed 3.43%   -0.02 15 Year Fixed 2.74%   -0.02 10YR Treasury 1.67%   +0.0016 FNMA 30YR 3.5 106.53   +0.03 FNMA 15YR 2.5 105.58   -0.02 View Today's Rates

Monday April 29, 2013 MND NewsWire - 4:46PM LPS Home Price Index Rises; 9 of The Top 10 Metro Areas in CA Lender Processing Services, Inc. (LPS) said Monday that its Home Price Index (HPI) for February was up 1.0 percent to $210 from the end-of-January Index of $208. The February 2013 index ... Mortgage Rate Watch - 3:26PM Mortgage Rates Modestly Improve on 2013 Lows Mortgage rates continued lower today, after officially hitting the lowest levels of the year on Friday. Bond markets including MBS (the "mortgage-backed-securities" that most directly ... MND NewsWire - 10:59AM Challenges and Goals of Fannie/Freddie Prenuptial Agreement A key to improving the efficiency, accuracy, and transparency of the housing finance system is standardization according to Stephen Clinton , Freddie Mac's Senior Vice President of ... Pipeline Press - 11:15AM HUD addresses LO/Realtor Combos; CFPB and FDIC can go after Employees and Consultants The demand for capital never goes away - it is matter of supply and demand setting the rate and price for certain types of loans. Putting political naming niceties aside, subprime is ... MBS RECAP: Holding Ground Despite Advancing Stocks, MBS Outperform Pending Sales Level off as Inventories Shrink The Week Ahead: FOMC and ECB Announcements; Employment Situation and More Stability Council Urges Servicer Compensation Reform And Unified Standards Pricing on Redwood's Latest Deal; a Gaggle of Vendor, Investor, Agency, and Seminar Updates Battle Over Mortgage Interest Deduction Continues in House Committee Core-Logic Acquires Case-Shiller Latest Video Pending Home Sales Higher Santelli Paints European Economic Picture Big Week Ahead For the Markets More News from 'Around the Web' Business Week - 5:11PM MBIA Loses Bid for Summary Judgment Ruling on Countrywide Loans Business Week - 4:21PM Fed May Shift Talks Toward More Monetary Stimulus, El-Erian Says freddiemac.mwnewsroom.com - 3:06PM Freddie Mac Announces First Multifamily Seniors Housing Securities Offering www.lpsvcs.com - 2:54PM LPS Home Price Index Report: February Transactions CNBC - 2:53PM NY Judge May Greenlight REIT Plan Federal Reserve - 2:51PM Payments to Goldman Sachs and Morgan Stanley borrowers covered by foreclosure agreement to begin May 3 Reuters - 2:43PM Fitch: U.S. Home Equity Credit Quality Likely to Worsen in 2014 Market Watch - 12:57PM PIMCO's El-Erian: 50-50 chance of growth Bloomberg - 12:34PM JPMorgan, Citibank sued Over $301 Million Mortgage Loans National Housing Conference - 10:54AM Pre-purchase counseling reduces mortgage delinquency, no matter how it's delivered Reuters - 10:53AM Banks struggle to recruit enough compliance experts www.freddiemac.com - 8:22AM Mortgage Market Standardization and the Common Securitization Platform Bloomberg - 11:32PM The Fed Broadens Its Reach Today's Comments MBS Live Chat - 3:01PM "RTRS- U.S. TREASURY SAYS EXPECTS TO PAY DOWN $35 BLN IN NET MARKETABLE DEBT IN CURRENT QUARTER, BORROWING ESTIMATE IS $138 BLN LOWER THAN ANNOUNCED IN FEBRUARY..." MBS Live Chat - 2:35PM "what do you think? today a lock or float day? i kind of thought pricing was going to be better today since we didn't get a lot of repricing on friday......" MBS Live Chat - 2:41PM "Should be best rates of the year CR, if not close to it. One more day of potential "month-end" support before bigger movers show up on Wednesday, though tomorrow's arent' necessarily slouches either. Chicago PMI and Consumer Confidence. For me, it would depend on situation, client preferences, etc. ..." MBS Live Chat - 2:43PM "thanks MG. pretty happy where we are at. just curious. always happy to get your input...." Today's Rates Best Execution Rate Change 30 Yr FRM 3.43% -0.02 15 Yr FRM 2.74% -0.02 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.55% -0.01 5/1 Yr ARM 2.96% -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 3.67% 0.50 -0.01 15 Yr. Fixed 2.91% 0.34 -0.01 30 Yr. Jumbo 3.77% 0.27 -0.02 30 Yr. FHA 3.37% 0.55 -0.06 5/1 ARM 2.57% 0.29 -0.01 Freddie Mac ** 30 Yr. Fixed 3.40% 0.80 -0.01 15 Yr. Fixed 2.61% 0.70 -0.03 1 Yr. ARM 2.62% 0.30 -0.01 5/1 Yr. ARM 2.58% 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 3.0 104.56 +0.03 30YR FNMA 3.5 106.53 +0.03 30YR GNMA 3.0 106.30 +0.06 30YR GNMA 3.5 108.89 +0.05 15YR FNMA 3.0 105.58 -0.02 15YR FNMA 2.5 104.53 +0.03 Treasuries Yield Change 5 YR 0.6759% -0.0064 10 YR 1.6667% +0.0016 30 YR 2.8739% +0.0121 Prices as of: 4/29/2013 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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