We Have A Chance…Victories In The Battle Against Lost Home Equity

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Jul 3, 2012 3:36PM We Have A Chance…Victories In The Battle Against Lost Home Equity One of my favorite movies during the July 4th holiday is The Patriot. The sacrifices Benjamin Martin and many others make to win a chance at freedom against insurmountable odds always inspire and remind me what an incredible blessing it is to live in America. I find a kindred spirit in the ragtag militia that Benjamin leads into battle. They aren't well respected by the regular army, and often run at the first sign a skirmish is not going their way. Leadership falls apart, the lines disburse... Jul 3, 2012 10:22AM First Round of Pilot Rental Initiative Completed with 2,500 Homes Sold The first round of winners has been selected to purchase foreclosed real estate from Freddie Mac and Fannie Mae. The Federal Housing Finance Agency (FHFA) announced today that 2,500 single family homes had been awarded to successful bidders under a pilot initiative to convert real estate acquired by the two government sponsored enterprises (GSE) through foreclosure into rental property. Successful candidates for purchasing properties from the GSE's real estate portfolio (REO) had undergone several... Mortgage Rates Fight To Hold All-Time Lows Ahead Of The Holiday SunTrust Jilted; California's Law and Basel III will NOT Help Mortgage Pricing MBS MID-DAY: Risk-On Trading And Tradeflows Putting Pressure On Bond Markets Profit Per Loan Up Dramatically - Mortgage Banks Focused on Purchase Biz; LO's Not Exempt from OT? The Day Ahead: Limited Data And An Early Close For Bond Markets David H. Stevens Staying at MBA View: Front Page | Headline Viewer Micro News 1:02 PM: Heading Into Weaker Levels. Reprice Risk Increases 11:15 AM: Treasuries Leading The Charge To The Weak Side, MBS Reluctantly Follow 10:10 AM: ECON: Factory Orders Beat Expectations, Durables Revised Higher 9:02 AM: MBS Roughly Unchanged As Shortened Session Begins Slowly 3:54 PM: Falling Into Slightly Weaker Territory After The Treasury Close 3:02 PM: MBS Continue Holding Gains In Quiet Afternoon 10:34 AM: Bond Markets Pop Higher On ISM Data 10:10 AM: ECON: Construction Spending In May Highest Since Dec 2009 »View All Micro News Around the Web What's the Point of Bank 'Living Wills?': Bove US Regulators Release Living Wills for 9 Large Banks FDIC Announces Availability of Public Sections of Resolution Plans Lawrence Yun: Largest Cities In The United States In 1776, And In 2076 TransUnion Study Finds More Than Half of Americans Unhappy With Their Current Debt Situation Home Sales Show Bernanke's Low Rates Gaining Traction: Economy - Bloomberg »View More Around the Web Video News Bank Living Wills Released From FDIC & Fed Barclays Fallout Update Santelli's Morning Bond Update »View More Video News Today's Comments "Pre – Pre ; How about now, this Fannie MAE / HomePath scam is going to kill the market yet again." "Now all we need is for this to happen about 100 more times, and have agents, developers, title companies, and builders involved be prosecuted as well...." "I hear more about money at home in the safe that one ever should....must be something in the water around here but seems like everybody has a few thousand..." »View More Comments Today's Q&A "mortgage impact for heirs - " "Is it uncommon for a lender not to give a buy a copy of the loan approval?" "Adding new husband to my Property Deed" »View More Q&A jeffer90576 Profile View Edit Market Data Mortgage Rates 30YR 3.71 0.00 15YR 2.98 0.00 FHA30YR 3.62 0.00 Jumbo30YR 4.10 0.01 5/1ARM 2.98 0.00 MBS Quotes 30YR FNMA 3 105-10 -0-05 30YR FNMA 4 106-21 -0-01 30YR FNMA 4 107-14 0-00 30YR FNMA 5 108-10 0-00 Treasuries 2 YR 0.3053 0.0083 3 YR 0.3910 0.0110 5 YR 0.6957 0.0237 7 YR 1.0768 0.0308 10 YR 1.6277 0.0407 30 YR 2.7405 0.0465 Recent Housing Data Visit our Market Data Center for all of the latest housing numbers, graphs, etc. S&P/Case Shiller 1.28% Mortgage Application -0.83% Mortgage Refinance 0.97% Mortgage Purchase -8.51% Existing Home -1.52% New Home Sales 7.58% Forward Know someone who might be interested in this email? Forward it. Newsletter Archive Front Page | Headline Viewer | Video | Forums | Q&A | Market Data | Rates | Marketplace : Consumer - Industry © 2012 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031