Tuesday, January 4, 2011

Loan Buyback Saga Far From Over. Blame Cannot Be Localized

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Jan 4, 2011 3:41PM

Loan Buyback Saga Far From Over. Blame Cannot Be Localized

Of course news that Bank of America had settled GSE repurchase claims on loans written by Countrywide (for pennies on the dollar) brought out a chorus of back door bailout boo birds. But I must remind, the fun part isn't over yet!

Jan 4, 2011 3:32PM

Poor Pull-Through Ratios Hurt Entire Operation. Protect Your Pipeline from Fallout

One of the key metrics wholesaler and correspondent lenders monitor on a regular basis is their pull-through ratio. Pull-through references the number of loans that come into a lenders pipeline vs. the number of loans they actually close.


Micro News

5:36 PM:

Econ Data And Fed-Speak Tomorrow

5:29 PM:

Bond Market Returns Exactly To Yesterday's Prevalent Range

3:49 PM:

Benchmark Yields Gliding Leisurely Back To Safety

3:30 PM:

New Mortgage Rate Watch Post

3:08 PM:

Bond Markets Trying Hard To Solidify A "Bounce"

2:48 PM:

Reprice Risk Creeps Higher

2:38 PM:

6 Tick Drop For MBS, Reprice Risk Enters The Scene

2:26 PM:

RTRS-FED STAFF REVISED UP NEAR-TERM GDP INCREASE, BUT MEDIUM-TERM OUTLOOK LITTLE CHANGED

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Today's Comments

Anonymous

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