Thursday, February 10, 2011

GSE White Paper Outline Leaked. No Surprises Shared

You were sent this email because you opted to receive daily updates from Mortgage News Daily. To adjust your email settings:
Manage Your Email Subscriptions Individually  |  Unsubscribe from all Email Communications

Feb 10, 2011 5:45PM

Mortgage Rates: Setback Suffered. Bleeding Still Stopped

Yesterday was one of those "GOOD NEWS/BAD NEWS" sorta days. The good news was mortgage rates ended a damaging 5 day losing streak The bad news was the bleeding had only just stopped. We weren't recovering. Still, at the end of the day there was a positive perspective to be taken away. "Stop the bleeding" was a required pre-cursor to the "first real chance for notable improvements" that we hoped to see today. Unfortunately those improvements did not come. We got close but lost positive progress before...

Feb 10, 2011 3:22PM

GSE White Paper Outline Leaked. No Surprises Shared

Reuters has shared a sneak peek at the Obama Administration's GSE Reform White Paper, which is due tomorrow. Here are the headlines that just flashed in RED across Eikon.... 15:11 10Feb11 RTRS -OBAMA HOUSING WHITE PAPER DUE FRIDAY INCLUDES OPTION TO CREATE FDIC-LIKE INSURANCE FOR MORTGAGE-BACKED SECURITIES -- SOURCES 15:11 10Feb11 RTRS -OBAMA WHITE PAPER INCLUDES GOVT BACKSTOP OF MORTGAGES DURING NORMAL TIMES BUT PRIVATE MBS INVESTORS WOULD TAKE FIRST LOSS -- SOURCES 15:11 10Feb11 RTRS -OBAMA PAPER...


Micro News

4:53 PM:

After Today's Narrow Range, What Might Motivate More Directionality Tomorrow?

3:57 PM:

Slower MBS Prepay Speeds Reduce Size of QEII POMO

3:45 PM:

GSE Reform Headline Risk and MBS Valuations

3:13 PM:

MBS Continue To Fall, Reprices For the Worse Seen, More To Follow

1:35 PM:

MBA Calls for Extension of HARP

1:15 PM:

Average Bond Auction. Par Value 30 Year Coupon Now 4.75%

11:50 AM:

Kevin Warsh Resigns from Fed Board of Governors

11:44 AM:

HUD and VA Issue First Report on Veteran Homelessness in America

Around the Web

Video News

Mubarak to Remain in Office

Big Flight to Safety Tomorrow?

Frank Says Fannie, Freddie Agreement May Come in 2011


Today's Comments

Gus Floropoulos

"Awesome commentary....just emailed it to a few clients with the co-brabded feature!"

Adam Quinones

"WASHINGTON, Feb 10 (Reuters) - U.S. President Barack Obama's housing white paper to be unveiled on Friday includes an option to create an insurance..."

Jason Harris

"Still they will have the ability to negotiate up to 2 or 3 points per deal. My thought is that from a compensation standpoint it probably won't effect..."

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..."

Anonymous

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

Today's Forum Discussions

ajorden staford

"<!-- @page { margin: 0.79in } P { margin-bottom: 0.08in } --> The scope of urban and regional development is unlimited as there are many ways to..."

Jim Parker

"I am looking for clarification on the FannieMae Homepath program that kicked off this year. http://www.fanniemae.com/homepath/financing/index.jhtml The..."

Sharmyn Panjwani

"Loan Scenario View All Post A Scenario Loan State: Texas Loan County: --- Loan Type: Construction Loan Amount: $700,000 Property Value: $3,200,000 LTV..."