Freddie Mac to Purchase $71 Billion in Seriously Delinquent Loans

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/134471.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       Freddie Mac to Purchase $71 Billion in Seriously Delinquent Loans Freddie Mac announced they would purchase $71.2 billion 120+ day in loans. This confirms fears that MBS investors should be expecting an increase in involuntary... - MND NewsWire Refinance Demand Still Slow. Mortgage Rates Move Higher Again Mortgage Rates moved higher today.The main event on the day was the second of three US Treasury auctions scheduled for this week. Today's auction offered... - Mortgage Rate Watch Bernanke Outlines Policy Exit. Fed Must Read and React Plain and Simple: the Fed is feeling their way through this one step at a time. The plan has been outlined but the marketplace is very sensitive to policy... - MND NewsWire FHA Appraisal Policy REMINDER;... - Pipeline Press Mandatory vs. Best Effort Loan Commitments. Servicing Values Affect Pricing MBS CLOSE: Afternoon Brings No... - MBS Commentary MBS AFTERNOON: Unexpected Tape... - MBS Commentary MBS LUNCH: 10 Year Treasury Auction... - MBS Commentary MBS ALERT: REPRICE FOR THE WORSE... - MBS Commentary MBS MORNING: PreAuction Concessions... - MBS Commentary MBS OPEN: Rates Mid-Range. Snow... - 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 97-14 -0-07 FNMA 4.5 100-20 -0-03 FNMA 5.0 103-18 -0-04 FNMA 5.5 105-21 -0-07 FNMA 6.0 106-24 -0-06 Updated: 2/10/10 4:36 PM Treasuries 3 MO 0.1100 -0.0100 2 YR 0.9100 0.0700 5 YR 2.3900 0.0700 10 YR 3.7200 0.0500 30 YR 4.6500 0.0700 Updated: 2/10/10 5:49 PM Mortgage Rates 30 Yr FRM 4.99 0.03 15 Yr FRM 4.30 0.01 FHA 30 Year 5.17 0.03 Jumbo 30 Year 6.41 0.02 5/1 Yr ARM 4.21 0.02 Updated: 2/10/10 3:56 PM Latest Video       View:All Videos RBS's Volpe Says Treasuries Bidding Is `Less Agressive': Video 2/10/2010 Feb. 10 (Bloomberg) -- Richard Volpe, global co-head of U.S. dollar rates trading at RBS Securities Inc., talks with Bloomberg's Matt Miller about his... Housing: Double-Dip? 2/10/2010 Discussing whether we can expect a double dip in the housing market, with CNBC's Diana Olick. Bernanke Outlines Future Exit Strategy 2/10/2010 The Fed could begin pulling back its economic stimulus by first removing some cash from the financial system and then raising interest rates. The CNBC... Around The Web       Home Builders' Latest Strategy: Building Houses Rewards to Stop Mortgage Walkaways? National Green Building Standard Commentary Now Available at BuilderBooks.com 2/10/10--CDO Liquidations, S&P Warning, Freddie Mac Buyouts 50 Ways to Gain a Neighbor CME Group Takes Control of Dow Average in Deal With News Corp. What Happens if (or when) Fannie/Freddie reduce their support for Multi-Family? Snow Likely to Make Mess of Jobs Reports After the Tape: U.S. Losing Edge on Export-Led Growth Fuel-Consumption Data Indicate Weak Growth »View All Recent Articles JOIN THE CONVERSATION Recent Comments David Haines on 2/10/2010 - read this comment Bobby: That is how I interpret it as well. It could create more liquidity for the MBS market as there is new cash to be invested. Bobby Downey on 2/10/2010 - read this comment So here is the thing...if they are 120 days down you are not getting that interest anyway are you? In my opinion it would be a blessing for investors to take the hit up front to dump all their doo doo... George Moring on 2/10/2010 - read this comment "Come on, folks. Let's stop looking out the rear window and start looking forward to our future" Just doesn't seem to be the way our politics and govern work, someone has to point the finger... Adam Quinones on 2/10/2010 - read this comment the snow might be leaned on as a excuse if the auction is poorly subscribed: While electronic markets are now more heavily relied upon for trade execution, rather than open outcry, this will still negatively... Questions Can you renegociate the price of the house after inspection? My father wants to pay off the balance of my mortgage ($65,000... Why does my husband have to sign for a loan i am appying to? My daughter is on an interest only mortgage. Can she refinance... Answers What are the risks involved in a owner financed loan? what is a tax sale? I dont understand about it is if i pay the... Dose the commission % change from state to state? I am interested... Do mortgage companies really go and check your income from 1040... Forum Discussions Legality of a Rental [Poll] Super Bowl XLIV Corrected 1099 A question after bankruptcy Refinance interest Charge at closing Bank of America Subordinations Loan Scenarios Post | View All   State Date Amount Loan Type FL 2/9/2010 409,000.00 Refinance (Rate and Term) AL 2/9/2010 225,000,000.00 Construction CA 2/7/2010 500,000.00 Purchase NY 2/2/2010 1,350,000.00 Refinance (Rate and Term) MD 2/1/2010 360,000.00 Refinance (Rate and Term) NC 1/31/2010 555,000.00 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/134471.aspx