HECMs Stuck in Reverse. HUD Considers "Two Product" Solution

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       HECMs Stuck in Reverse. HUD Considers "Two Product" Solution As home prices have continued their downward spiral, another reduction in reverse mortgage proceeds coupled with a spike in premiums seniors pay for FHA... - Voice of Housing Mortgage Rates Suffer as Lenders Process Influx of New Applications Because mortgage rates are near all time lows, more and more consumers (not as many as last year) are coming down off their fences and applying for a... - Mortgage Rate Watch Administration Issues Second Monthly Housing Scorecard The second edition of the administrations composite housing score card covers a number of indices on the state of the housing market. New this month is... - MND NewsWire Rise in Refinance Demand Confirms... - MND NewsWire Solid Earnings from Wells and MGIC;... - Pipeline Press New Construction of Single-Family... - MND NewsWire A Mortgage Market Specific Summary... - MND NewsWire Homelessness: Focus Shifts to Shelters... - MND NewsWire MBS Print New Session High. Reprices... - MBS Commentary Mortgage Banker Profits Drop as... - MND NewsWire FHA Commissioner Discusses Underwriting... - MND NewsWire »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 4.0 102-04 0-18 FNMA 4.5 104-02 0-09 FNMA 5.0 106-06 0-08 FNMA 5.5 107-18 0-03 FNMA 6.0 108-25 0-05 Updated: 7/21/10 4:32 PM Treasuries 3 MO 0.1600 0.0000 2 YR 0.5800 -0.0300 5 YR 1.6600 -0.0500 10 YR 2.9000 -0.0800 30 YR 3.8900 -0.1000 Updated: 7/21/10 5:40 PM Mortgage Rates 30 Yr FRM 4.69 0.01 15 Yr FRM 4.08 0.02 FHA 30 Year 4.70 0.01 Jumbo 30 Year 6.10 0.00 5/1 Yr ARM 3.70 0.00 Updated: 7/21/10 7:26 PM Latest Video       View:All Videos U.S. Stocks Fall on Bernanke's Uncertain Growth Outlook: Video 7/21/2010 July 21 (Bloomberg) -- Bloomberg's Courtney Donohoe reports on the performance of the U.S. equity market today. Stocks fell, ending a two-day rally... Parsing Bernanke's Comments on Monetary Policy 7/21/2010 Fed Chairman Bernanke tells Congress his economic outlook is unusually uncertain. David Lutz, of Stifel Nicolaus; Tony Crescenzi, of Pimco; and the CNBC... Earnings Central: WFC, MS 7/21/2010 The CNBC news team parses earnings results from Wells Fargo and Morgan Stanley. Around The Web       Bernanke, Volcker: Implementation Key to Financial Overhaul Success Zandi on Housing: 'Stop Subsidizing Housing Industry with Tax Deductions' Builders: Consumers Too Gloomy To Buy Houses Senate Subcommittee HUD Funding Bill Provides 163906.8B for HOME, $17.2B for Voucher Renewals, and $9.4B for Section 8 Renewals Existing Homes: Months of Supply and House Prices Obama signs sweeping Wall Street overhaul into law Dentists Drill Into the Distressed Property Biz Bernanke Says Fed Prepared to Act as Needed to Aid U.S. Growth Bailout Watchdog Calls Mortgage Programs a Bust Housing Is a Non-Starter »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 7/21/2010 - read this comment Unfortunately those price levels dont mean much right now. As far as I know, 3.50s get most of their attention from fast money accounts like hedge funds and money managers. Duration hedgers are still using... Mark Auh on 7/21/2010 - read this comment Looks like FNMA 3.5s are really close to par. 99 19/32! AQ, What would over par pricong do for the market? Will we see 4% at par for 30 year fixed? Walter Houston on 7/21/2010 - read this comment A little off topic, but I received an email moments ago from Stearns Lending saying they can now accept all FHA loans from brokers WITHOUT HUD approval. Only catch at this point, is that they want the... Brett Boyke on 7/21/2010 - read this comment Eric - apples to oranges. 4.375% would most certainly be for a conforming 30YR under $417,000. There are risk adjustments for the expanded conforming loans that would bump up your rate. I ran this through... Questions What percentage of rent on an option to buy would go toward the... When, if at all, is a basement considered part of the homes square... If I become the owner of a home property by a quick deed, am... How can I get jobs doing broker priced opinions with pay and... Answers Can a person have two or more second home loans? How can I pay-off a mortgage faster? I am in the middle of a short sale and am now being told that... How do I prove my true income when I work for tips? I average... Forum Discussions Loan Scenario: CA, 135354,105,000, 769, 53% LTV, Refinance (Rate and Term) Loan Scenario: CA, 156590,085,000, 783, 70% LTV, Refinance (Rate and Term) Refi Problems What if you sell your home before it goes into a full foreclosure and the bank auctions it off? Loan Scenarios Post | View All   State Date Amount Loan Type MD 7/16/2010 880,000.00 Refinance (Rate and Term) WA 7/13/2010 209,000.00 Refinance (Rate and Term) NV 7/5/2010 1,800,000.00 Construction CA 7/2/2010 400,000.00 Purchase CA 7/2/2010 333,000.00 Refinance (Rate and Term) FL 7/2/2010 700,000.00 Cash Out Refinance Mortgage News Daily

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