Thursday, December 3, 2009

Quality Control and Compliance: Pay Now or Pay Later

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
We've seen state regulators impose six figure fines on companies for violation of state regulations. And the repurchase of one loan and corresponding... - Community Commentary
BofA & TARP; Possible FHA changes; HAFA; a primer on Jobless Claims & Unemployment - Pipeline Press
The Federal Reserve today reported on their weekly purchases of agency mortgage-backed securities (MBS). In the four trading days between November 27 and... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 99-09 -0-13
FNMA 4.5 101-24 -0-10
FNMA 5.0 104-08 -0-09
FNMA 5.5 105-27 -0-07
FNMA 6.0 106-24 -0-07
Updated: 12/3/09 4:34 PM
Treasuries
3 MO 0.0600 0.0100
2 YR 0.7400 0.0200
5 YR 2.1400 0.0500
10 YR 3.3900 0.0700
30 YR 4.3300 0.0700
Updated: 12/3/09 5:43 PM
Mortgage Rates
30 Yr FRM 4.82 0.04
15 Yr FRM 4.14 0.05
FHA 30 Year 5.04 0.05
Jumbo 30 Year 6.03 0.05
5/1 Yr ARM 3.95 0.04
Updated: 12/3/09 1:50 PM
Latest Video      
View:All Videos
Taking a Toll
12/3/2009
Insight on the Toll Brother's $111M loss and the company's outlook with Robert Toll, Toll Brothers chairman/CEO.
Creating Jobs
12/3/2009
Discussing President Obama's plan for jobs creation, with Dan Greenhaus, Miller Tabak + Co.; Bruce Josten, Chamber of Commerce and Eamon Javers, Politico...
Bernanke Confirmation
12/3/2009
An update on the Fed chairman's defense of his record, with CNBC's Steve Liesman.

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Recent Comments
Edgar
on 12/3/2009 - read this comment
Good point AQ....but the answer for the long term is yes. Too many people own homes that should not own homes. There will be less and less business to obtain over the next couple of years, but I think...
Adam Quinones
on 12/3/2009 - read this comment
is it good news for the industry if borrowers cant qualify? regardless of low interest rates....
Adam Dahill
on 12/3/2009 - read this comment
I'm glad I listened to AQ and MG, I locked up 95% of my pipeline at the highes and now I'm sitting pretty. No repeat of Black Wednesday this time around. Thanks fellas for the insight.
Ed Connor
on 12/2/2009 - read this comment
They're saying the housing credit costs taxpayers $24,000 for every $8,000 credit. Who in their right mind can call that progress? And, how can you call what the GSE's and FHA are proposing actually...

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