Daily Newsletter: CFPB Hits Flagstar Bank with First Servicer Rule Enforcement; Case-Shiller Notes Significant Slowdown in Home Prices; Rates Higher; Title Company Fined Over MSAs

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30 Year Fixed 4.20%   +0.02 15 Year Fixed 3.35%   +0.02 10YR Treasury 2.50%   +0.0217 FNMA 30YR 3.5 102.23   -0.09 FNMA 15YR 2.5 103.02   -0.05 View Today's Rates

Tuesday September 30, 2014 MND NewsWire - 1:32PM CFPB Hits Flagstar Bank with First Servicer Rule Enforcement The Consumer Financial Protection Bureau (CFPB) came down hard on Michigan-based Flagstar Bank both legally and verbally as it issued the first enforcement action under its new mortgage ... MND NewsWire - 10:48AM Case Shiller notes "Significant Slowdown" in Home Price Gains There was what the S&P/Case-Shiller Home Price Indices called "a significant slowdown in price increases in July S&P Dow Jones Indices said today. Nineteen of the 20 cities ... Mortgage Rate Watch - 3:54PM Mortgage Rates Higher to End September Mortgage rates were slightly higher today leaving September s one of only 3 months this year with noticeable upward movement. Things could have been worse had it not been for the steady ... MND NewsWire - 4:10PM CFPB Targets Title Company Over MSAs The Consumer Financial Protection Bureau (CFPB) filed a Consent Order on Tuesday against Lighthouse Title, a title insurer based in Holland, Michigan. The order was, the Bureau said ... Buybacks, Disparate Lending, Indemnifications; Flagstar's CFPB Fine MBS MID-DAY: Bond Markets Rebound With Help From Europe, Stocks, and Month-End Latest Video China's rich and US real estate Santelli Exchange: 'Politics' vs. central banks Robert Shiller: Housing shows signs of weakness More News from 'Around the Web' www.gallup.com - 4:13PM Small-Business Owners Satisfied, but Fewer Feel Successful Calculated Risk Blog - 2:20PM House Prices: Real Prices and Price-to-Rent Ratio decline in July Google News - 2:17PM Ten things I like about the $17 billion BOA settlement Washington Post - 12:04PM Why one investor bought land â€" instead of homes â€" during the housing bust Reuters - 12:01PM U.S. consumer confidence, home prices show weakness CNBC - 12:00PM Silicon Valley real estate reaches bubble levels OCC - 11:03AM Loan Growth Accelerates Among Southern District Community Banks and Thrifts, OCC Reports Market Watch - 11:02AM Fed's Powell wary of greater cooperation with Treasury CNBC - 11:02AM Europe's austerity zombies Market Watch - 10:29AM Bond Report: U.S. Treasury prices fall as equities rise Bloomberg - 8:38AM Hispanic Borrowers Diminishing in California Housing: Mortgages - Bloomberg CNBC - 8:38AM Treasurys give back gains; Pimco remains in focus Bloomberg - 8:38AM Spanish Bonds Rise After CPI Data as Catalan Vote Blocked - Bloomberg Today's Comments Mortgage Rate Watch - 12:41AM "Nice to see our gains last all day today. Now if we can nurse them through to NFP on Friday, maybe we can continue our downward trend channel for rates!..." MND NewsWire - 3:34PM "About time!..." Today's Rates Best Execution Rate Change 30 Yr FRM 4.20% +0.02 15 Yr FRM 3.35% +0.02 FHA 30 Year Fixed 3.75% +0.00 Jumbo 30 Year Fixed 4.06% +0.02 5/1 Yr ARM 3.25% +0.02 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 4.27% 0.25 +0.02 15 Yr. Fixed 3.44% 0.28 -0.04 30 Yr. Jumbo 4.15% 0.23 -0.07 30 Yr. FHA 3.97% 0.08 -0.02 5/1 ARM 3.12% 0.45 -0.07 Freddie Mac ** 30 Yr. Fixed 4.20% 0.50 -0.03 15 Yr. Fixed 3.36% 0.50 -0.01 1 Yr. ARM 2.43% 0.40 +0.00 5/1 Yr. ARM 3.08% 0.40 +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 98.61 -0.14 30YR FNMA 3.5 102.23 -0.09 30YR GNMA 3.0 100.72 -0.13 30YR GNMA 3.5 103.34 -0.08 15YR FNMA 3.0 103.02 -0.05 15YR FNMA 2.5 100.58 -0.08 Treasuries Yield Change 2 YR 0.5828% +0.0081 5 YR 1.7697% +0.0082 10 YR 2.5024% +0.0217 30 YR 3.2099% +0.0411 Prices as of: 9/30/2014 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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