Tuesday, February 1, 2011

Banks See Value in Owning Mortgages.Time to Jumpstart Non-Agency Lending

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Feb 1, 2011 3:24PM

Banks See Value in Owning Mortgages.Time to Jumpstart Non-Agency Lending

The Federal Reserve Bank periodically conducts a survey among senior loan officers at major banks on current lending practices. There are generally around 70 U.S. and foreign banks with U.S. branches that respond to the survey, and as responses are opinions and thus more anecdotal than quantitative and the universe of respondents is small, not all results can be reported numerically. The January survey reported that about 15 percent of respondents said standards for nontraditional mortgages were...

Feb 1, 2011 12:46PM

HAMP: Largest Payment Reductions Produce Best Loan Performance

The U.S. Departments of Treasury and Housing and Urban Development (HUD) have jointly issued the January Housing Scorecard . The Scorecard is a round-up of most national housing data including reports for the Census Department, National Association of Realtors® (NAR), S&P/Case-Shiller, etc., all of which has been published on MND already. The focus of the Housing Scorecard this month is the Making Home Affordable Program (HAMP), the joint Treasury/HUD initiative to modify delinquent mortgages...


Micro News

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The Day Ahead

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3:19 PM:

Further Weakness Suggests Dusting Off Reprice Risk

1:07 PM:

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10:03 AM:

Bonds Sharply Lower On ISM Data

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DATA FLASH: ISM

9:59 AM:

CSBS: Federal Registration of Mortgage Loan Originators Begins

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Today's Comments

Nate Miller

"Personally I don't have any issue with fingerprints being required. All licenses I've ever obtained in sales, for both insurance and mortgage lending..."

Trevor Curran

"Frank hits the nail on the head. As a salesperson entrusted with a client's most intimate financial information we Mortgage Professionals must earn..."

Frank Ceizyk

"Hey Brett: How about this: I'LL GET FINGER PRINTED BECAUSE I HAVE NOTHING TO HIDE. The underlying message we should be addressing: WHY DOES GOVERNMENT..."

Today's Q&A

Anonymous

"Assuming very good credit before retirement, is it difficult..."

Anonymous

"is a truth in lending required when the subject property is non..."

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"If you have a first and second mortgage can you refi the first..."

Today's Forum Discussions

Anonymous

"do i need a appraisal if i pay the house up"

BRENT HARDMONEYMAN

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