Daily Newsletter: Loan Officer Compensation Rules Finalized

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30 Year Fixed 3.50%   +0.00 15 Year Fixed 2.83%   +0.00 10YR Treasury 1.84%   -0.0369 FNMA 30YR 3.5 105.98   +0.09 FNMA 15YR 2.5 105.22   +0.06 View Today's Rates

Friday January 18, 2013 MND NewsWire - 4:01PM Loan Officer Compensation Rules Finalized The fourth and last of the final regulations coming from the Consumer Financial Protection Bureau under the Dodd-Frank Wall Street Reform and Financial Protection Act was released Friday ... MND NewsWire - 1:09PM Appraisal Rules for Higher-Price Mortgages Released by Regulators Eighteen months after the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, the rules shaping its implementation have begun to rain down from the designated regulators ... Pipeline Press - 9:55AM GSEs Approve National MI; New National SAFE MLO Test; Affiliate Relationship Thoughts; 1,200 Pages of Servicing Rules Here's your reminder for the weekend. Go out and buy some "Forever Stamps" during lunch or tomorrow (assuming your local post office is still open Saturdays.) The price of mailing a ... MND NewsWire - 11:32AM New Servicer Rules Address Disconnect in a "Broken System" In remarks to a Mortgage Servicing Field Hearing this morning, Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), announced the release today of CFPB's final ... MBS MID-DAY: Bond Markets Steadier, Slightly Stronger Mortgage Rates Sharply Higher, Erasing Most Of The Recent Recovery Foreclosures Relatively Stable in 2012, Some States Expected to Rise in 2013 In Detroit, 290 Homes for $189K?; Chase's Mortgage Numbers; Free Webinars and Training Future of the Mortgage Industry to be Decided in Tidal Wave of Regulations (in Next 6 Months) Builder Confidence Index Stalls after Eight Months of Improvement Annual Home Price Increase is Largest Since 2006 Latest Video Bernanke's 10 Commandments Fed Unveils 2007 Meeting Transcripts Debt Ceiling Crisis Overrated? More News from 'Around the Web' CFPB - 3:29PM CFPB Issues LO Compensation Rules Bloomberg - 11:44AM Fed Officials Saw Start of Subprime Crisis in August 2007 Washington Post - 11:40AM BREAKING: Inside the Fed's 2007 crisis response FHFA - 10:32AM Agencies Issue Final Rule on Appraisals for Higher-Priced Mortgage Loans Bloomberg - 7:43AM SunTrust Net Income More Than Quadruples as Revenue Climbs dealbook.nytimes.com - 11:44PM DealBook: Mortgage Crisis Lingers On at Citigroup and Bank of America CNBC - 11:40PM 'I Love the Mortgage Business': Wells Fargo CEO Market Watch - 4:22PM Geithner: U.S. economy close to full recovery CNBC - 4:21PM Shiller: Housing Malaise Could Resemble Japan's Lost Decade Today's Comments MND NewsWire - 9:08PM "Stevens said this underscores the need for a balanced housing policy in the United States. 'We cannot have a system that over-corrects and prevents qualified borrowers from obtaining a home. We must have a coordinated housing policy strategy; a strategy with clear, distinct goals; clear, distinct rules;..." MND NewsWire - 8:19PM "Govt. destroys, and govt. "fixes" by making worse...." MND NewsWire - 10:55AM "Days to foreclose : Don;t mess with Texas! LOL I wonder why Forida and New York take so long. Do their lawyers not have a map to the courthouses????..." Today's Rates Best Execution Rate Change 30 Yr FRM 3.50% +0.00 15 Yr FRM 2.83% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.71% +0.01 5/1 Yr ARM 3.01% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 2.81% 1.00 -0.10 30 Yr. Fixed 3.54% 1.24 -0.08 MBA ** 30 Yr. Fixed 3.61% 0.41 +0.09 15 Yr. Fixed 2.88% 0.39 +0.02 30 Yr. Jumbo 3.78% 0.38 +0.03 30 Yr. FHA 3.35% 0.69 +0.01 5/1 ARM 2.64% 0.37 -0.01 Freddie Mac ** 30 Yr. Fixed 3.38% 0.70 -0.02 15 Yr. Fixed 2.66% 0.70 +0.00 1 Yr. ARM 2.57% 0.40 -0.03 5/1 Yr. ARM 2.67% 0.60 +0.00 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 3.0 104.11 +0.16 30YR FNMA 3.5 105.98 +0.09 30YR GNMA 3.0 105.13 +0.13 30YR GNMA 3.5 107.97 +0.05 15YR FNMA 3.0 105.22 +0.06 15YR FNMA 2.5 104.05 +0.06 Treasuries Yield Change 2 YR 0.2543% -0.0113 5 YR 0.7645% -0.0274 10 YR 1.8434% -0.0369 30 YR 3.0273% -0.0424 Prices as of: 1/18/2013 4:12PM 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

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. © 2013 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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