Wednesday, August 3, 2011

Bond Market Officially Repeats History

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Aug 3, 2011 3:51PM

Bond Market Officially Repeats History. Reality Restored

We've been waiting for this moment for almost 9 months. It has finally come. Beware, there's gonna be some "horn tootin" in this commentary... From: Bond Market Repeating History. False Start Fuels Rally Here we are again. History seems to be repeating itself as we head into the summer months. The market got all excited about a speedy economic recovery following a seasonal uptick in consumer spending and positive progress in the labor market only to find that those improvements weren't sustainable...

Aug 3, 2011 12:37PM

Risk Retention Regs Scrutinized by Housing Advocates

Two of housing's major players have weighed in with comments on proposed standards for mortgage risk retention under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The National Association of Realtors® (NAR) and the Mortgage Bankers Association each sent letters to representatives of the six regulatory agencies involved in formulating the standards and expressed considerable reservations over their direction and intent, especially those that seek to define Qualified Residential...


Micro News

3:59 PM:

Limited Economic Data Tomorrow, Last Day Before NFP

3:32 PM:

Quantifying The Last Week's Move to The Sidelines

3:06 PM:

NAMB Tackles Risk Retention and QRM Issues

2:33 PM:

VA: Maximum Guaranty Limits – October 1, 2011 through December 31, 2011

1:56 PM:

Dataquick: Four Year High Seattle Existing Home Sales

11:26 AM:

Geithner Op-Ed: "Compromise Achieved, Reform's the Next Chapter"

10:29 AM:

CoreLogic Home Price Index Shows Third Consecutive Month-Over-Month Increase

10:20 AM:

ECON: Factory Orders Fall in June

Around the Web

Video News

Markets Hub: BofA Proposes Loan Forgiveness Deal

ADP Numbers: Up 114,000 Private Sector

Challenger Report: Visible Signs of Stalling Economy


Today's Comments

Jeremy Yohe

"You can't call hearsay "perspective." Title insurance is a risk elimination business that, given timing, data validity and criminal activity, can never..."

Russ Martin

"I still don't get why they can't just take the Hud-1 with a few modifications and use that as the GFE. While an improvement over the fustercluck..."

DEBBIE LANE

"I prefer option A - I think as a Mortgage Accounting Manager and a borrower that it is FAR clearer than the GFE we have now. Another part of my job is..."

Today's Q&A

Lora Willms

"Is a mortgage considered a respa document?"

Lora Willms

"What does "re-amortizing" a loan mean?"

Lora Willms

"what happens when there are 2 people on a mortgage and they both..."

Today's Forum Discussions

Dylan Grindol

"I am just starting out in the mortgage industry. I am 2 weeks into my mortgage career. I am starting off as an administrative assistant, until I pass the..."

Chris Hunlow

"I have a borrower with perfect credit and great assets. We are looking to do the Open Access loan for him but he currently has PMI. This is a Wells Fargo..."

Michael Jungen

"Loan Scenario View All Post A Scenario Loan State: Texas Loan County: --- Loan Type: Cash Out Refinance Loan Amount: $550,000 Property Value: $800,000..."