Tuesday, January 3, 2012

All Cash Purchases Increase; Special Edition of Nothing But Updates

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Jan 3, 2012 11:10AM

All Cash Purchases Increase; VA's Final Rule for Vets to Avoid Foreclosure; HUD's Settlement with FNF Provides a RESPA Lesson

The U.S. Census Bureau projected the Jan. 1, 2012, total United States population at 312,780,968. This would represent an increase of 2,250,129, or 0.7 percent, from New Year's Day 2011. In January 2012, one birth is expected to occur every eight seconds in the United States and one death every 12 seconds. Meanwhile, net international migration is expected to add one person to the U.S. population every 46 seconds in January 2012. The combination of births, deaths, and net international migration...

Jan 3, 2012 10:07AM

Special Edition of Nothing but MI, Investor, and Lender Updates - Not for the Faint of Heart

Although yesterday was a Federal holiday and we should have all had the day off, the number of residential lender, investor, and MI updates in the last week or so warranted their own special edition of the commentary. This edition is longer than normal , as it is pretty thorough; most are pretty dry, many downright uninteresting, but some trends can be spotted that are important to note. Some only an underwriter would love - so readers can skip to the joke. So in no particular order: We all know...


Micro News

3:05 PM:

MBS Significantly Outperforming TSYs Following Fed Minutes

2:45 PM:

Fed to Add Individual Member Forecasts At Next FOMC

1:16 PM:

Potential Rate Sheet Improvements if Current Gains Hold

10:51 AM:

JPMorgan, EMC Sued for $95 Million on Alleged Reps/Warranties Breaches

10:39 AM:

ECON: Construction Spending Inches to 1.5 Year Highs

10:14 AM:

ECON: Manufacturing Activity Improved in December

10:03 AM:

MICA: Mortgage Insurance Activity for November 2011

9:26 AM:

Bond Markets Open Weaker, but Fighting Back as Volume Picks Up

Around the Web

Video News

Fed's New Transparency Efforts

What Fed's Balance Sheet Signifies

Europe at the Brink - A WSJ Documentary


Today's Comments

Ray J

"Is that a flag/pennant/coil forming in the first chart. technically speaking? If it breaks out with the trend, MBS spreads will tighten?"

Jim Begley

"Are the new Fannie/Freddie fees permanent or do they end with the expiration of the payroll tax cuts? And does this open the door to keep "Guarantee..."

Kent Taylor

"I like this rate range!!"

Today's Q&A

"How much can be saved by making each mortgage payment one month early? "

"consequences/advantages to a buyout mortgage in florida"

"Should I purchase a flat in 25yards in 5.65lacs in Sitapuri(close to C1), new delhi-110045 "