Fannie Mae to Clean Up Purchase Process. And Jumpstart the Non-Agency Market at Same Time?

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Fannie Mae to Clean Up Purchase Process. And Jumpstart the Non-Agency Market at Same Time? If I was selling loans at the moment and I wanted to reduce secondary marketing 'leakage', I would take special note of the changes, updates, and... - MND NewsWire Freddie Mac to Eliminate Interest Only Option. Lender Overlays Loom Freddie Mac (NYSE: FRE) announced today that on or about September 1, 2010, the company will cease purchasing and securitizing interest only mortgages... - MND NewsWire MBS WEEKLY: Bearish Bond Technicals Battle Mixed Econ Outlook Well well well, look where we sit. 10s rose from 3.60 to 3.80 in seven sessions. Took a short breather. Then fell from 3.80 to 3.60 in four days. Chop... - MBS Commentary FHFA: GSEs Focused on Core Businesses... - MND NewsWire Lenders Preparing for Fed's Exit;... - Pipeline Press MBS MORNING: Existing Home Sales... - MBS Commentary MBA Proposes Forbearance for Unemployed... - MND NewsWire Bernanke Says Status of GSEs in... - MND NewsWire Fed MBS Purchase Program Update... - MND NewsWire The Risk/Return Spectrum: Investing in a Mortgage Bank MBS OPEN: Limited Reaction To Upward... - 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 98-10 0-07 FNMA 4.5 101-04 0-06 FNMA 5.0 103-20 0-02 FNMA 5.5 105-06 -0-04 FNMA 6.0 106-01 -0-03 Updated: 2/26/10 4:30 PM Treasuries 3 MO 0.1300 0.0000 2 YR 0.8100 -0.0100 5 YR 2.3000 -0.0300 10 YR 3.6100 -0.0300 30 YR 4.5500 -0.0300 Updated: 2/26/10 5:50 PM Mortgage Rates 30 Yr FRM 4.92 -0.03 15 Yr FRM 4.29 -0.04 FHA 30 Year 5.14 -0.01 Jumbo 30 Year 6.45 0.00 5/1 Yr ARM 4.18 -0.02 Updated: 2/26/10 8:19 PM Latest Video       View:All Videos Bond Investors Beware 2/26/2010 A closer look at corporate bond returns, with Jim Bianco, Bianco Research. Snow Slams Recovery 2/26/2010 Discussing what impact the snow storm will have on economic data, with John Hatzius, Goldman Sachs. The Road to Economic Recovery 2/26/2010 Discussing the uneveness of the economic recovery, with Charles Evans, Chicago Fed president and CNBC's Steve Liesman. Around The Web       Jumbo mortgage market is beginning to thaw Kansas City Fed's Hoening: Deficit Pressures to Keep Rates Low State Budgets Still Falling Like It's 2008 Why Existing Home Sales Are Flat, Not in Free Fall FDIC to test principal reduction for underwater borrowers Starwood and Lennar Bet Florida Is Back U.S. Michigan Consumer Sentiment Index Fell to 73.6 (Update1) The Year of the Short Sale and more Foreclosure Delays New York City Faces Heavy Snowfall, Closes Schools (Update2) Brad Miller's Old Solutions to New Mortgage Problems »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 2/26/2010 - read this comment I did not get to post Vics blog today. I will publish over the weekend. Rates did move a few bps lower today. We think the recent rally in mortgage rates is running out of steam though. The risk of rates... Michael Baker on 2/26/2010 - read this comment We are seeing unemployment claims rise (Almost back to 500K). Home Sales have contracted the last few months (Even the NAR was not able to spin this month's poor number). Does anyone at the FED think this... Larry Gray on 2/26/2010 - read this comment It really has been surprising how little most of the lenders having been giving back to us this week. It was nice to see some improvements over the days here and there but I guess by the end of the week... Dan Clifton on 2/25/2010 - read this comment I have not seen an increase in the # qualified applicants, but what i HAVE seen is an increase in the % of qualified applicants. My overall apps are down, but to a man almost everyone qualifies. Have the... Questions How does a "Short Refi" affect your credit? No lates... How do you sell a privately held mortgage? What information is required to be submitted to the mortgage... Can a realtor lower their commission to close a deal? Answers How can I subdivide a plot of land? Can you renegociate the price of the house after inspection? I need a letter from my real estate agent to give to my bank... What drives changes in mortgage rates? Forum Discussions There is no seller signature on hud-1 settlement statment!!! IRS denied. short sale extension fee? Mortgage in Modification for a Long Period of Time Loan Scenario: TX, $235,000, 700, 67% LTV, Purchase Signatures on the HUD-1 form? Loan Scenarios Post | View All   State Date Amount Loan Type FL 2/25/2010 250,000.00 Purchase CA 2/25/2010 417,000.00 Cash Out Refinance MN 2/24/2010 1,300,000.00 Cash Out Refinance TX 2/23/2010 235,000.00 Purchase CA 2/22/2010 735,000.00 Refinance (Rate and Term) GA 2/22/2010 192,903.00 Purchase Mortgage News Daily

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Bernanke Says Status of GSEs in "No-Man's Land"

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Bernanke Says Status of GSEs in "No-Man's Land". Discussing Reform, Reorganization, Reassurance Today, during the Q&A session of his annual report to Congress, Chairman of the Federal Reserve Ben Bernanke said we are in "no-man's land"... - MND NewsWire MBA Proposes Forbearance for Unemployed Borrowers In response to rising numbers of long-term unemployed, the Mortgage Brokers Association has proposed an addition to the HAMP program which would allow... - MND NewsWire Fed MBS Purchase Program Update: 96% of Funding Used Since the inception of the program in January 2009, the Fed has spent 137104.21 trillion in the agency MBS market, or 96.5 percent of the allocated 137104.25 trillion... - MND NewsWire The Risk/Return Spectrum: Investing in a Mortgage Bank Mortgage Rates Touch 2010 Lows... - Mortgage Rate Watch Stories from the Street; Loan Apps... - Pipeline Press MBS CLOSE: Time To Ignore MBS? - MBS Commentary MBS AFTERNOON: Another Day, Another... - MBS Commentary MBS MORNING: Rates Dealers Trying... - MBS Commentary MBS LUNCH: 7 Year Treasury Auction... - MBS Commentary MBS OPEN: Bonds Rally Overnight... - 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 98-02 0-10 FNMA 4.5 101-00 0-09 FNMA 5.0 103-17 0-02 FNMA 5.5 105-11 0-02 FNMA 6.0 106-03 -0-01 Updated: 2/25/10 4:08 PM Treasuries 3 MO 0.1300 0.0100 2 YR 0.8200 -0.0500 5 YR 2.3300 -0.0700 10 YR 3.6400 -0.0600 30 YR 4.5800 -0.0500 Updated: 2/25/10 5:40 PM Mortgage Rates 30 Yr FRM 4.95 -0.03 15 Yr FRM 4.33 -0.02 FHA 30 Year 5.15 -0.04 Jumbo 30 Year 6.45 -0.01 5/1 Yr ARM 4.20 -0.04 Updated: 2/25/10 6:19 PM Latest Video       View:All Videos Realty Check Update 2/25/2010 CNBC's Diana Olick has an update on the real estate market. Bipartisan Skepticism 2/25/2010 CNBC's John Harwood has the details on President Obama's health care summit. Capturng the Olympics 2/25/2010 Insight on how the images from the Olympics are licensed, with Jonathan Klein, Getty Images CEO/co-founder. Around The Web       Dallas Fed's Fisher: Fed Has Done All It Can to Support Economy Better to Wait Until Home Buyer Tax Credit Expires? Commercial Real Estate Losses Could Reach 137119 Trillion Durable Goods: Less Than It Seems More Than Half of 2005-2007 U.S. Subprime and Alt-A Mortgages Are Underwater Groping in the Dark Toward Foreclosure Remedies Don't Hold Your Breath on Fannie, Freddie Overhaul Greece to Issue Bond Next Week And The World's Longest Trial Mod Is… Fannie and Freddie Reform: Not Now »View All Recent Articles JOIN THE CONVERSATION Recent Comments Scott Desmond on 2/25/2010 - read this comment I guess the underwriters can't see the forest because all those darn trees are in the way... Do they not realize that, with the tightening guidlines there will be fewer and fewer loans to underwrite... Adam Quinones on 2/25/2010 - read this comment BERNANKE SAYS THE SOONER CONGRESS CAN PROVIDE CLARITY ON FUTURE OF FANNIE, FREDDIE, THE BETTER Jeff Hutchison on 2/25/2010 - read this comment I see rates moving up from here into the spring/summer. Now we have Geithner stating that there will def. be changes to fannie mae. Who knows what that will be. China has threatened to dump all of their... Bob Hill on 2/25/2010 - read this comment It's a strange world we're in when 4.75% on a 30y fixed is available without costing an arm or a leg but demand is down. Well....I wouldn't so much say demand is down vs the qualified borrower... Questions How does a "Short Refi" affect your credit? No lates... What information is required to be submitted to the mortgage... Can a realtor lower their commission to close a deal? To do a short sell does the home payment have to be in the rears... Answers How can I subdivide a plot of land? Can you renegociate the price of the house after inspection? I need a letter from my real estate agent to give to my bank... What drives changes in mortgage rates? Forum Discussions GA 2/22/2010 192,903.00 Purchase NY 2/22/2010 251,250.00 Purchase Mortgage News Daily

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