Daily Newsletter: New Credit Score Model Would be Great for Housing! Too Bad it Won't be Used; Housing Entering Dicey Transition Phase; Rates Unchanged Near 2014 Lows

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30 Year Fixed 4.10%   +0.00 15 Year Fixed 3.26%   +0.00 10YR Treasury 2.34%   +0.0070 FNMA 30YR 3.5 102.92   +0.02 FNMA 15YR 2.5 103.66   +0.02 View Today's Rates

Friday August 29, 2014 MND NewsWire - 12:48PM New Credit Score Model Would be Great for Housing! Too Bad it Won't be Used FICO, the company that develops proprietary scoring models for credit bureaus and lenders, announced August 7 that a new model (FICO Score 9) would be released this fall. FICO's press ... MND NewsWire - 12:42PM Housing Market Entering Dicey Transition Phase RealtyTrac estimated that home sales in July were at an annualized rate of 4.63 million units , a decrease of 3 percent from June and down 12 percent from July 2013. This would be the ... Mortgage Rate Watch - 2:49PM Mortgage Rates Unchanged Near 2014 Lows Ahead of 3-Day Weekend Mortgage rates barely budged today. A few lenders were a bit higher than yesterday. A few more were a bit lower, but most hadn't moved enough to be considered anything more than unchanged ... Pipeline Press - 10:11AM New Digs for Fannie; CFPB Fines; HELOCs on the Rise; Cash vs. Security Sales Cleverness is alive and well in lending, and the "free Russian cat with your loan funding" story yesterday brought a few e-mails. Chris L. contributes, "Thanks for sharing the idea ... MBS MID-DAY: In Stunning Turn of Events, Economic Data Still Doesn't Matter MBS Day Ahead: More Economic Data That Probably Won't Matter and a 3-Day Weekend Latest Video Apartment bubble? Santelli Exchange: 10-year technical clues Where's the BofA money going? More News from 'Around the Web' Bloomberg - 3:48PM HUD Says $15.8 Billion of Loan Sales Cut Foreclosures - Bloomberg CNBC - 2:33PM FHFA seeks support for poor borrowers www.cfpbmonitor.com - 2:33PM HMDA proposed rule published in Federal Register FHFA - 12:04PM FHFA Proposes 2015-2017 Housing Goals for Fannie Mae and Freddie Mac CNBC - 11:50AM 1% bullish despite 'failed' Obama: Wien CNBC - 10:18AM Britain raises terror threat level CNBC - 10:17AM US confidence rose in August, shaking off doubts WSJ - 10:13AM Inflation Stays Below the Fed's Target for 27th Straight Month CNBC - 8:51AM Consumers snap wallets shut as income growth slows WSJ - 8:50AM Fed Job Index a Year Away From Normalcy blog.redfin.com - 8:49AM Listing Price Drops Will Help Drive a Fall Surge in Home Sales Bloomberg - 8:48AM Housing Stumbling in Slowest Season for U.S.: Mortgages - Bloomberg Reuters - 12:00AM Vanishing euro zone inflation seen intensifying ECB policy headache Today's Comments MBS Commentary - 2:07PM "lmao Matt... great update and good laughs too..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% +0.00 15 Yr FRM 3.26% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.98% +0.01 5/1 Yr ARM 3.22% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.35% 0.22 +0.00 15 Yr. Fixed 3.48% 0.30 -0.03 30 Yr. Jumbo 4.24% 0.19 -0.02 30 Yr. FHA 4.04% 0.03 -0.02 5/1 ARM 3.24% 0.45 -0.08 Freddie Mac ** 30 Yr. Fixed 4.10% 0.50 +0.00 15 Yr. Fixed 3.25% 0.60 +0.02 1 Yr. ARM 2.39% 0.50 +0.01 5/1 Yr. ARM 2.97% 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 99.52 +0.06 30YR FNMA 3.5 102.92 +0.02 30YR GNMA 3.0 101.39 +0.02 30YR GNMA 3.5 103.97 +0.03 15YR FNMA 3.0 103.66 +0.02 15YR FNMA 2.5 101.25 -0.06 Treasuries Yield Change 2 YR 0.4961% -0.0078 5 YR 1.6283% -0.0032 10 YR 2.3448% +0.0070 30 YR 3.0824% +0.0072 Prices as of: 8/29/2014 4:08PM 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Mortgage Rates Fall For Sixth Straight Day; Pending Home Sales Highest in Nearly a Year

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30 Year Fixed 4.10%   -0.01 15 Year Fixed 3.26%   +0.00 10YR Treasury 2.34%   -0.0195 FNMA 30YR 3.5 102.91   +0.08 FNMA 15YR 2.5 103.64   +0.11 View Today's Rates

Thursday August 28, 2014 Mortgage Rate Watch - 3:45PM Mortgage Rates Fall For Sixth Straight Day Mortgage rates fell modestly for an impressive sixth straight day today. Yet again, we're seeing little attention paid to the events in the US that NORMALLY influence interest rates ... MND NewsWire - 11:09AM Pending Home Sales Highest in Nearly a Year Favorable housing conditions were credited for leading pending home sales higher in July to their best level since August 2013 . Pending sales as measured by purchase contract signings ... MND NewsWire - 11:14AM Subservicer and New Jumbo Products; Flagstar and the CFPB; Theory of M&A What's this? The borrower receives a cat when their mortgage closes? What would the CFPB say? Will fleas lead to a class action lawsuit a year down the road? Would the DOJ claim canine ... MBS Commentary - 7:28AM MBS Day Ahead: Busiest Day of Economic Data, but Dark Horses in Europe Today is the busiest day of the week for domestic economic data and Treasury Auctions. The 8:30 time slot brings Jobless Claims and the 2nd revision of 2nd quarter GDP. At 10am, there ... Housing Market Normalizing... Very Slowly Home Price Increases Lower than Inflation in Some Areas Latest Video Market 'in essence rigged,' ride the tide: Biderman Significant escalation on Russia military front Futures Now: 30-Year yield at 2014 low More News from 'Around the Web' www.cfpbmonitor.com - 4:19PM CFPB Answers FAQ on the TILA-RESPA Integrated Disclosures Rule www.cfpbmonitor.com - 4:19PM Will the CFPB really complete its arbitration study this year? CNBC - 2:53PM To ease or not to ease, the ECB ponders Market Watch - 2:49PM U.S. taxpayers owe AIG CEO a debt of gratitude CNBC - 1:34PM Labor market indexes up in July: KC Fed Bloomberg - 1:31PM Fannie Mae Plans to Sell Washington Headquarters Building - Bloomberg Washington Post - 11:26AM This is why it feels like the recession never ended Bloomberg - 11:26AM U.S. Banks Had $40.2 Billion Profit in Second Quarter, FDIC Says - Bloomberg freddiemac.mwnewsroom.com - 11:21AM Mortgage Rates Remain Low Heading Into Holiday Weekend WSJ - 9:53AM Grand Central: The ECB's New Math: 5+5=QE WSJ - 9:53AM A Look at Income Inequality, Hour by Hour WSJ - 9:52AM Consumers Have Confidence But Not Lots of Cash blog.redfin.com - 9:50AM 10 Tips for Buying New Construction CNBC - 9:49AM Foreclosure sales boost Atlanta housing WSJ - 9:49AM Grand Central: Paths Diverge For Yellen and Draghi on Inflation Expectations Reuters - 8:41AM U.S. jobless claims fall for second consecutive week Bloomberg - 8:41AM Economy in U.S. Expands 4.2%, More Than Previously Forecast - Bloomberg CNBC - 8:41AM German inflation steady as ECB action eyed CNBC - 2:26AM Traders watching global bond market Today's Rates Best Execution Rate Change 30 Yr FRM 4.10% -0.01 15 Yr FRM 3.26% +0.00 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 3.97% -0.01 5/1 Yr ARM 3.22% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.56% 1.13 -0.10 30 Yr. Fixed 4.37% 1.39 -0.16 MBA ** 30 Yr. Fixed 4.35% 0.22 +0.00 15 Yr. Fixed 3.48% 0.30 -0.03 30 Yr. Jumbo 4.24% 0.19 -0.02 30 Yr. FHA 4.04% 0.03 -0.02 5/1 ARM 3.24% 0.45 -0.08 Freddie Mac ** 30 Yr. Fixed 4.10% 0.50 +0.00 15 Yr. Fixed 3.25% 0.60 +0.02 1 Yr. ARM 2.39% 0.50 +0.01 5/1 Yr. ARM 2.97% 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 99.45 +0.08 30YR FNMA 3.5 102.91 +0.08 30YR GNMA 3.0 101.38 +0.14 30YR GNMA 3.5 103.94 +0.03 15YR FNMA 3.0 103.64 +0.11 15YR FNMA 2.5 101.31 +0.14 Treasuries Yield Change 2 YR 0.5039% -0.0118 5 YR 1.6315% -0.0050 10 YR 2.3378% -0.0195 30 YR 3.0752% -0.0256 Prices as of: 8/28/2014 4:31PM 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. © 2014 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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