Apr 14, 2011 5:34PM Home loan borrowing costs were roughly unchanged today. This is surprising because loan pricing should have worsened given the behavior of the secondary mortgage market. Whereas yesterday started weaker and improved to end just slightly better than the day before, today was the total opposite. Loan pricing (MBS) started strong but progressively weakened throughout the day. The interesting thing about yesterday and today "cancelling each other out" is loan pricing is almost exactly where it was on... Apr 14, 2011 11:45AM Foreclosure activity overall was down in the first quarter of 2011 when compared to the previous quarter and activity from one year earlier, but March figures showed a month over month increase in the number of default notices and evictions. Foreclosure notices were filed against 681,153 properties in the U.S. in the first quarter, a 15 percent decrease from the fourth quarter of 2010 and a 27 percent drop from filings in the first quarter of 2010. This represents a filing on one in every 191 U.S...
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