Thursday, December 17, 2009

HAMP Waiver Eliminates Trial Period Restart Rule

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/124815.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.


Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
Prior to yesterday's rule change, if the borrower understated his income by more than 25%, the servicer was required to re-qualify the borrower for... - MND NewsWire
The Mortgage Bankers Association is reporting that independent mortgage banks and subsidiaries saw a substantial decline in profit margins in the third... - MND NewsWire
I advised yesterday that if you are a risk taker that floating could pay off, well it did. At the open we saw better rate sheets and as the day has progressed... - Mortgage Rate Watch
jeffer90576
MBS Quotes
FNMA 4.0 98-27 0-24
FNMA 4.5 101-15 0-18
FNMA 5.0 103-29 0-12
FNMA 5.5 105-26 0-09
FNMA 6.0 106-23 0-03
Updated: 12/17/09 4:38 PM
Treasuries
3 MO 0.0400 -0.0100
2 YR 0.8500 -0.0300
5 YR 2.3500 0.0000
10 YR 3.6100 0.0100
30 YR 4.5200 0.0000
Updated: 12/16/09 5:50 PM
Mortgage Rates
30 Yr FRM 4.89 -0.04
15 Yr FRM 4.16 -0.04
FHA 30 Year 5.13 -0.03
Jumbo 30 Year 6.11 -0.02
5/1 Yr ARM 4.00 -0.01
Updated: 12/17/09 2:06 PM
Latest Video      
View:All Videos
Thoma Discusses Bernanke Second Term, Fed's Regulation: Video
12/17/2009
Dec. 17 (Bloomberg) -- Mark Thoma, a professor at the University of Oregon, talks with Bloomberg's Mark Crumpton about the outlook for Federal Reserve...
Cash On Books
12/17/2009
A funny thing happened to corporate balance sheets on the way to the worst recession of the post war era, with CNBC's Steve Liesman.
Dollar Rises Despite Lift In Initial Jobless Claims
12/17/2009
12/17/09 The US dollar was on the upside this session despite a rise in initial jobless claims as the Philly Fed & leading indicators were on the upside...

Advertise With Mortgage News Daily
JOIN THE CONVERSATION
Recent Comments
Victor Burek
on 12/17/2009 - read this comment
MBS continued to move higher throughout the day. I am cautiously floating all loans until the morning. Several lenders have repriced mulitple times, so if you are conservative and want to remove risk go...
Chuck Cybulski
on 12/17/2009 - read this comment
Great Site, I have been following for over 4 months now. I am a Loan Officer for a local bank and your site is my first and last visit of the day, and many times in between. I have to say that this up...
J. 'Hammer' Helmer
on 12/17/2009 - read this comment
"1st QTR 2010 : PREMONITION"....................starring Ron Rifkin as Big Ben Bernanke & Peter MacNicol as Timmy Geithner...............(go on, Google 'em, they really do look like 'em...
Adam Quinones
on 12/17/2009 - read this comment
While U.S. agency mortgage-backed securities should remain well-bid in 2010 on stronger technicals, and despite rich valuations, risk factors could derail the bid, according to Morgan Stanley. One risk...

Mortgage News Daily


You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/124815.aspx