Wednesday, May 12, 2010

Home Sellers Push Buyer Incentives as Tax Credit Expiration Erodes Loan Demand

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The removal of government funded homebuyer incentives is forcing loan originators, realtors, and builders to produce new promotion strategies and modernize... - MND NewsWire
The Acting Director of FHFA told a senate committee on Monday that forcing the GSEs and FHLBanks to participate in the proposed Financial Recovery Fee... - MND NewsWire
FDIC Proposes Risk Retention Rules for Securitized Loans; The Price Mechanism and Discounting Risk; FHA Broker Approval Update - Pipeline Press
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FNMA 4.0 98-04 -0-08
FNMA 4.5 101-02 -0-03
FNMA 5.0 103-23 -0-02
FNMA 5.5 105-28 0-04
FNMA 6.0 107-03 0-00
Updated: 5/12/10 4:31 PM
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3 MO 0.1600 0.0000
2 YR 0.8900 0.0400
5 YR 2.2900 0.0300
10 YR 3.5600 0.0000
30 YR 4.4700 0.0500
Updated: 5/12/10 5:40 PM
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30 Yr FRM 4.88 0.00
15 Yr FRM 4.22 0.01
FHA 30 Year 4.96 -0.02
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Updated: 5/12/10 5:33 PM
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Recent Comments
Adam Quinones
on 5/12/2010 - read this comment
Finally, as you all know the Administration has committed to broadly looking at overall reforms to our Nation's housing finance system. While much of the public focus is on Fannie Mae and Freddie Mac,...
Jeff Anderson
on 5/12/2010 - read this comment
Any thoughts on the bill in the Senate today? Tomorrow morning (Wednesday), the Senate will vote on an amendment offered by Senators Merkley (D-OR) and Klobuchar (D-MN) to S. 3217, the "Restoring...
Tom Borcich
on 5/11/2010 - read this comment
Corky is absolutely right. There aren't enough jails in the country to house all the borrowers that falsely stated their income. Our Dept of Real Estate commissioner stated that in California over...
Adam Miller
on 5/11/2010 - read this comment
sounds like a way to push out the little guys with loan recapture... The fact that they are auditing loans from 2 + years ago and deeming them non-compliant is crap. It passed their audits two years ago...

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