Daily Newsletter: Natural Disasters are now Measurable Default Risks; GSEs Cut Lenders a Break; CFPB Proposes New Foreclosure Rules; Rate Lows Don't Mean Much

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

30 Year Fixed 3.96%   -0.02 15 Year Fixed 3.16%   -0.02 10YR Treasury 2.31%   -0.0265 FNMA 30YR 3.5 103.67   +0.14 FNMA 15YR 2.5 103.94   +0.09 View Today's Rates

Friday November 21, 2014 MND NewsWire - 2:38PM Natural Disasters are now Measurable Default Risks Growing numbers of severe weather events throughout the U.S. may be giving new meaning to "location, location, location" in the housing world. CoreLogic senior economist Kathryn Dobbyn ... MND NewsWire - 2:22PM GSEs Cut Lenders a Big, Retroactive Break on Reps and Warrants Fannie Mae and Freddie Mac have nailed down the promised details the life-of-loan exclusions related to their representation and warranty framework. Under the direction of the Federal ... MND NewsWire - 1:45PM CFPB Proposes New Foreclosure Rules The Consumer Financial Protection Bureau (CFPB) has proposed some new measures affecting the way servicers handle mortgages in various stages of default. The changes will require servicers ... Mortgage Rate Watch - 5:12PM Technically at November Lows, but That Doesn't Mean Much These Days Mortgage rates improved again today , carving out another November low, albeit by only a small margin. For some lenders, rates are officially at "one month lows" with October 21st being ... FHFA Tracks G-fee Evolution; Hopes You Won't Read Fine Print MBS MID-DAY: Bond Markets Start Weekend Early, Holding Modest Gains Fannie & Freddie Changes Will Help Lenders; Possible Changes for NY Lenders; MBS Day Ahead: Did Bond Markets Show up Early for December? Latest Video Santelli: 10-year note still in range Kostin: Fed hikes rates in late 2015 Santelli: Let's talk China More News from 'Around the Web' www.cfpbmonitor.com - 5:37PM CFPB Director Cordray Issues Warning to Bankers CNBC - 3:42PM Florida brokers prepare for rich, cold snowbirds WSJ - 3:42PM Fed's Bullard Says Markets Misread Him In October Bond-Buying Dustup Washington Post - 1:40PM Is immigration reform the housing market's big hope? CNBC - 1:40PM Economy, eager buyers drive high-end home sales WSJ - 11:55AM Joblessness Fell in Most States in October. How Does Yours Compare? www.cfpbmonitor.com - 11:55AM CFPB gives guidance and answers FAQ on the new Closing Disclosure CFPB - 11:21AM Proposed changes to our Mortgage Servicing Rules: New protections for surviving family members and other homeowners WSJ - 10:31AM Commercial Real Estate Is Now a Market of the Haves and Have Nots Calculated Risk Blog - 9:00AM Black Knight: Mortgage Delinquencies decreased in October, Lowest in Seven Years WSJ - 9:00AM A Jumbo Challenge for Retirees Calculated Risk Blog - 12:15AM Quarterly Housing Starts by Intent WSJ - 12:14AM Fed's Bullard: Fed Has Boxed Itself In When It Comes to June Rate Hike Bloomberg - 12:13AM Treasuries Are Biggest-Losing Bonds in Past Month on Fed Outlook - Bloomberg Calculated Risk Blog - 12:11AM Friday: State Employment, October Mortgage Delinquencies Today's Rates Best Execution Rate Change 30 Yr FRM 3.96% -0.02 15 Yr FRM 3.16% -0.02 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.81% -0.02 5/1 Yr ARM 3.24% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.18% 0.24 -0.01 15 Yr. Fixed 3.38% 0.27 +0.00 30 Yr. Jumbo 4.10% 0.16 -0.03 30 Yr. FHA 3.85% 0.18 -0.05 5/1 ARM 3.09% 0.34 +0.04 Freddie Mac ** 30 Yr. Fixed 3.99% 0.50 -0.02 15 Yr. Fixed 3.17% 0.50 -0.03 1 Yr. ARM 2.44% 0.40 +0.01 5/1 Yr. ARM 3.01% 0.50 -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 3.0 100.30 +0.17 30YR FNMA 3.5 103.67 +0.14 30YR GNMA 3.0 102.00 +0.14 30YR GNMA 3.5 104.53 +0.20 15YR FNMA 3.0 103.94 +0.09 15YR FNMA 2.5 101.64 +0.11 Treasuries Yield Change 2 YR 0.5051% -0.0035 5 YR 1.6074% -0.0197 10 YR 2.3099% -0.0265 30 YR 3.0151% -0.0368 Prices as of: 11/21/2014 4:24PM 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. © 2014 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.