Daily Newsletter: BofA CEO: Private Investment Returning To Mortgage Market Is A Certainty

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.39%   -0.02 15 Year Fixed 2.75%   -0.01 10YR Treasury 1.71%   -0.0224 FNMA 30YR 3.5 106.44   +0.02 FNMA 15YR 2.5 105.41   0.00 View Today's Rates

Friday December 14, 2012 MND NewsWire - 1:14PM Bank of America CEO: Private Investment Returning To Mortgage Market Is A Certainty Brian Moynihan, Bank of America's chief executive officer, said that everyone involved in the housing market needs to reset their expectation that everyone can own a home. In remarks ... Pipeline Press - 10:39AM Federal Home Loan Banks in Correspondent Lending; MBA Confirms Average Lenders are Making Big Bucks Yesterday I journeyed to San Jose to visit with the Silicon Valley Chapter of CAMP. Casey Fleming, the president, reminded the capacity crowd how important it was to support your local ... MND NewsWire - 9:31AM Everything You Wanted to Know About Credit Bureaus, Reports, Files and Scores Much of an individual's ability to secure credit depends on what the three national credit bureaus, Equifax Information Services, Experian Information Solutions, and TransUnion have ... MND NewsWire - 2:08PM Mortgage Bank Profits Rise Over $300 Per Loan Profits of independent mortgage banks and mortgage subsidiaries of chartered banks rose by more than $300 per loan in the third quarter of 2012 the Mortgage Bankers Association ( MBA ... MBS MID-DAY: Move Along... Nothing To See Here (Hopefully) What Would Happen if the Fed Stopped Buying MBS?; Is Triad History?; Wells Snags a New SVP Mozilo Speaks up for Countrywide in MBIA Lawsuit: "We were a world-class company..." Servicers Step up Foreclosure Activity in Judicial States TransUnion sees Further Declines in Mortgage Delinquency Rate FHFA's Cross Announces Retirement Latest Video BofA CEO on Future of Home Ownership Fed's Lacker, Fisher Voice Opposition to Fed's Monetary Policy Wessel and Hilsenrath on Bernanke's Challenge More News from 'Around the Web' Reuters - 3:37PM Bank of America CEO Moynihan: Don't be quick to ditch Fannie and Freddie webfeeds.brookings.edu - 10:53AM The Future of Homeownership in the United States Featuring Bank of America CEO Brian Moynihan The Big Picture - 10:41AM The Newest Foreclosure Scandal: Robo-Witness DataQuick - 9:48AM DataQuick: November California Home Sales Report Reuters - 9:35AM Bank of America sues MBIA, claiming tender offer interference Reuters - 8:08AM UBS faces $1 billion fine for Libor rigging: source Bloomberg - 8:07AM Fed's Lacker Says Thresholds Not Useful as Policy Signal CNBC - 11:10PM Boehner Heading to White House to Meet With Obama Today's Comments MBS Live Chat - 1:36PM "Question - Fannie HARP refi w/a subordination. Client just informed me that she is approved for a modification on the 2nd mortgage. Any issues with that?..." MBS Live Chat - 1:41PM "I would say if they are reducing the line due to excess limit ok. If lowering to make payments less w/ a lower loan balance to make more affordable I would say they would probably look at that as some type of credit issue...." MBS Live Chat - 1:44PM "changing rate and payment...HELOC has already been lowered and frozen......" Recent Q & A "Is there a risk with private investors when purchasing a home" "Can the appraisal fee be refunded?" "Am I eligible for loan modification" Today's Rates Best Execution Rate Change 30 Yr FRM 3.39% -0.02 15 Yr FRM 2.75% -0.01 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.59% -0.03 5/1 Yr ARM 2.98% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.91% 0.89 -0.12 30 Yr. Fixed 3.62% 1.22 -0.14 MBA ** 30 Yr. Fixed 3.47% 0.36 -0.05 15 Yr. Fixed 2.85% 0.26 -0.01 30 Yr. Jumbo 3.77% 0.35 -0.02 30 Yr. FHA 3.32% 0.51 -0.02 5/1 ARM 2.63% 0.34 +0.01 Freddie Mac ** 30 Yr. Fixed 3.32% 0.70 -0.02 15 Yr. Fixed 2.66% 0.60 -0.01 1 Yr. ARM 2.53% 0.50 -0.02 5/1 Yr. ARM 2.70% 0.60 +0.01 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR FNMA 3.0 104.66 +0.05 30YR FNMA 3.5 106.44 +0.02 30YR GNMA 3.0 106.09 +0.02 30YR GNMA 3.5 108.47 +0.05 15YR FNMA 3.0 105.41 0.00 15YR FNMA 2.5 104.41 +0.05 Treasuries Yield Change 2 YR 0.2380% -0.0120 5 YR 0.6877% -0.0047 10 YR 1.7058% -0.0224 30 YR 2.8679% -0.0335 Prices as of: 12/14/2012 3:46PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

Share This Report Learn More About Co-branding Co-branding: Disabled Co-branding is a powerful and free feature provided to all registered users. Co-branding adds your business and contact information to this report. When a user visits any link in this email, ALL ADS are removed from our website and are replaced with your information. Email:  Forward a copy of this report to a friend Social Media:  Share on Facebook  |  Tweet This  Share on Linked In  |  Share on Google+ Print / PDF:  PDF / Print Report Widgets: + Add Widgets to Your Website (Live News and Mortgage Rates) Web Links:  Link to Report Link here to show your users the latest report. Embed This Report:  Embed Report Embed the latest report on your website.

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2012 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.