Fed Heading Towards Mortgage Market Exits?

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/129749.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       Fed Heading Towards Mortgage Market Exits? GSEs Need Explicit Government Guarantee First There is much confusion surrounding the guarantee status of the Fannie Mae and Freddie Mac. We clear up any misconceptions and call attention to observations... - MND NewsWire A Different Perspective on Obama's Bank Fee: An Indirect Attack on Inflation I have a bone to pick with the folks who say this will slow down bank lending. I have an even bigger bone to pick with the folks who say this will slow... - MND NewsWire Treasury Reports Big Jump in Permanent Loan Modifications The Treasury Department reported Friday that 66,500 of the 902,620 homeowners who had started the trial modification period for its Home Affordable Mortgage... - MND NewsWire Mortgage Rates End Week at Best... - Mortgage Rate Watch The Dearth of Affordable Rental... - Voice of Housing Loan Originators Must Be Prepared to Deal with Trailing Risks JPMorgan Chase Earnings; Nationwide... - Pipeline Press MBS CLOSE: Higher Prices, Lower... - MBS Commentary MBS LUNCH: Narrow And Stable In... - MBS Commentary MBS MORNING: Watching Profit Takers... - MBS Commentary MBS OPEN: Resistance Broken. Rates... - MBS Commentary »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 97-22 0-12 FNMA 4.5 100-26 0-14 FNMA 5.0 103-18 0-12 FNMA 5.5 105-16 0-09 FNMA 6.0 106-17 0-05 Updated: 1/15/10 4:33 PM Treasuries 3 MO 0.0558 -0.0042 2 YR 1.1356 -0.0044 5 YR 2.6789 -0.0112 10 YR 3.8350 -0.0150 30 YR 4.6281 -0.0019 Updated: 1/15/10 5:41 PM Mortgage Rates 30 Yr FRM 4.98 -0.05 15 Yr FRM 4.28 -0.04 FHA 30 Year 5.16 -0.05 Jumbo 30 Year 6.32 -0.02 5/1 Yr ARM 4.19 -0.05 Updated: 1/15/10 5:36 PM Latest Video       View:All Videos Bill Simon Discusses California State Budget Woes: Video 1/15/2010 Jan. 15 (Bloomberg) -- Bill Simon, chief executive officer for William E. Simon & Sons and former California gubernatorial candidate, talks with Bloomberg's... Is HAMP Working? 1/15/2010 Roughly 900,000 borrowers have applied for assistance through the Obama administration's mortgage relief plan, with David Berenbaum, National Community... Washington's War on Wall St. 1/15/2010 Washington waged war on Wall Street this week with commission hearings, bank fees, and more, with Nicole Gelinas, Manhattan Institute and Douglas Elliott... Around The Web       HUD Takes Action to Speed Resale of Foreclosed Properties to New Owners FHA Guidance: RESPA, HVCC Delay, Lender Investigations, Short Sales Credit-Card Delinquencies Ease 'Shot in the Arm' or Shot in the ARM? Mortgage lenders can sidestep new rules to prevent lowball estimates Business Digest: Foreclosure filings rose 21 percent in 2009 Nonprime Borrowers With Negative Equity: Not a Pretty Picture JPMorgan on Modifications Industrial Production, Capacity Utilization Increase in December When Banks Refuse to Modify Mortgages »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 1/15/2010 - read this comment Not likely AP....MBS are already SUPER RICH vs. benchmarks because of low loan supply and Fed buying. The guarantee would be helpful in keeping MBS valuations from cheapening up too much when the Fed exits... Andy Pada on 1/15/2010 - read this comment AQ, let's say that the budget does add the GSEs to the federal budget, wouldn't that make MBS more attractive on its own. And thus allow the Fed to exit the MBS purchase market. If this all happens... Brandon S. on 1/15/2010 - read this comment Well, maybe we won't have a massive number of ARM-reset-related new foreclosure filings in 2010 after all... J. 'Hammer' Helmer on 1/15/2010 - read this comment Remember that lenders are competing against each other too - so it takes someone to get aggressive and make the first step to see pricing really improve. I love to see the increase in YSP, so I can pass... Questions how can i find out if there is a mortgage under my name? How does property trade work? If I want to trade my property... What is credit disabilitiy insurance? If I default on my mortgage, can the bank garner my future wages... Answers What are mortgage servicing rights and why are they sold? What is a mortgage note? I signed the loan documents and locked the rate. I also wire... Why is the APR so much higher than the rate? Forum Discussions Siwtching Jobs, will it affect the mortgage process? Qualify for a USDA Loan va irrl and subordinate 2nd loan Purchase with 0% Down and Prior Bankruptcy Lender fees? Loan Scenarios Post | View All   State Date Amount Loan Type CA 1/15/2010 600,000.00 Refinance (Rate and Term) SC 1/14/2010 135,000.00 Purchase NJ 1/14/2010 800,000.00 Cash Out Refinance CA 1/11/2010 2,000,000.00 Purchase GA 1/11/2010 1,137,500.00 Debt Consolidation NJ 1/11/2010 146,250.00 Purchase 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/129749.aspx