Daily Newsletter: Still a Chance GSEs Could Need a Bailout; Small Victory for Rates; Title Companies Targeted

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30 Year Fixed 3.82%   -0.02 15 Year Fixed 3.13%   -0.01 10YR Treasury 2.04%   -0.0124 FNMA 30YR 3.5 104.84   +0.06 FNMA 15YR 2.5 104.69   +0.03 View Today's Rates

Thursday April 30, 2015 MND NewsWire - 2:32PM Severe Economic Downturn could Trigger GSE Bailout The Federal Housing Finance Agency reports that the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac might together require government assistance of as much as ... Mortgage Rate Watch - 4:45PM Mortgage Rates Manage Small Victory After Yesterday's Huge Defeat Mortgage rates held their ground today, and in some cases, managed to improve after yesterday's rout. This result was far from guaranteed during the morning hours though. Stronger economic ... Pipeline Press - 10:43AM CFPB, NY, and Maryland Target Title Companies - More Regulators on the Way? I travel around a fair amount, spending time with lenders, Realtors, and TSA personnel. A major concern among the first two groups is whether or not real estate agents - especially ... MBS Commentary - 7:32AM MBS Day Ahead: Weak Enough to Bounce or Weak Enough to Suggest More Selling? There are two ways to approach the weakness in bond markets over the past two days, and before we discuss them, I should warn you that I don't know which way is the right one. The first ... MBS RECAP: Widespread Positive Reprices as Bonds Battle Back to Green MERS, a Blast from the Past Latest Video Homeownership lowest in 25 years Millennial housing story New mortgage options More News from 'Around the Web' Calculated Risk Blog - 3:46PM More Builder Results (updated table) content.govdelivery.com - 3:46PM Agencies Issue Final Rule on Minimum Requirements for Appraisal Management Companies CNBC - 2:47PM 7 years on from crisis, $150B in fines and penalties NAHB - 2:45PM NAHB Remodelers Reveals the Most Popular Type of Home Remodeling Projects CNBC - 1:45PM Hot LA housing market held back by tight supply CNBC - 1:40PM A credit thaw is offering more mortgage options Fannie Mae - 1:40PM Statements - Stress Test Results | Fannie Mae freddiemac.mwnewsroom.com - 1:39PM Low Mortgage Rates Boost Refinance Activity in the First Quarter Bloomberg - 12:12PM Stress Test Shows Fannie-Freddie Would Need Bailout in Downturn Bloomberg - 12:11PM Bernanke's Latest Blog Post Takes a Brutal Shot at the Wall Street Journal www.builderonline.com - 12:11PM Chicago New Home Construction Sluggish Reuters - 10:17AM U.S. labor costs rise solidly; wage growth picks up freddiemac.mwnewsroom.com - 10:16AM Mortgage Rates Up on Mixed Economic and Housing Data S&P/Case Shiller - 10:16AM Will Millennials start buying homes? CNBC - 8:44AM Why Fed should hike in June: UBS chief economist Market Watch - 8:40AM Fed's Tarullo open to easing regulatory burden on small banks Calculated Risk Blog - 8:40AM Weekly Initial Unemployment Claims decreased to 262,000, Lowest since April 2000 Bloomberg - 8:40AM Worker Pay in U.S. Increased at Faster Pace in First Quarter Today's Rates Best Execution Rate Change 30 Yr FRM 3.82% -0.02 15 Yr FRM 3.13% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.75% +0.00 5/1 Yr ARM 2.96% -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 3.87% 0.38 +0.01 15 Yr. Fixed 3.16% 0.29 +0.01 30 Yr. Jumbo 3.84% 0.35 +0.03 30 Yr. FHA 3.67% 0.23 -0.02 5/1 ARM 2.82% 0.40 +0.06 Freddie Mac ** 30 Yr. Fixed 3.68% 0.60 +0.03 15 Yr. Fixed 2.94% 0.60 +0.02 1 Yr. ARM 2.49% 0.40 +0.05 5/1 Yr. ARM 2.85% 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 3.0 101.86 +0.13 30YR FNMA 3.5 104.84 +0.06 30YR GNMA 3.0 102.72 +0.11 30YR GNMA 3.5 105.45 +0.11 15YR FNMA 3.0 104.69 +0.03 15YR FNMA 2.5 102.56 +0.05 Treasuries Yield Change 2 YR 0.5748% +0.0119 5 YR 1.4286% +0.0016 10 YR 2.0352% -0.0124 30 YR 2.7467% -0.0128 Prices as of: 4/30/2015 4:30PM 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Rates at 6 Week Highs, But Not Because of Fed; Pending Sales Highest in 22 months; Refi Activity Falls, Purchases Flatten

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30 Year Fixed 3.84%   +0.05 15 Year Fixed 3.14%   +0.04 10YR Treasury 2.05%   +0.0460 FNMA 30YR 3.5 104.78   -0.05 FNMA 15YR 2.5 104.66   -0.03 View Today's Rates

Wednesday April 29, 2015 Mortgage Rate Watch - 5:07PM Mortgage Rates at 6 Week Highs, But Why? Mortgage rates moved firmly up to the highest levels since March 17th. Incidentally, there was a Fed Announcement on March 18th and another Fed Announcement today. While rates generally ... MND NewsWire - 10:16AM Pending Home Sales Highest Since June 2013 Momentum appears to be building toward a healthy spring market according to data released today on March pending home sales. The National Association of Realtors® (NAR) said its ... MND NewsWire - 8:28AM Refinance Activity Falls, Purchase Apps Lackluster A modest uptick in purchase mortgage applications during the week ended April 24 was insufficient to offset a sizable drop in refinancing. The Mortgage Bankers Association (MBA) said ... Pipeline Press - 10:39AM Homeownership Stats; CFPB Penalties; Rant on Millennials, Why They Aren't Buying First off, let me apologize for having the incorrect site in yesterday's commentary regarding the funny history of the term "escrow" - this is the site for the short clip . For many ... MBS MID-DAY: Bond Markets Fear The Nudge MBS Day Ahead: GDP and FOMC Are Here; One or Both Will Set the Tone Latest Video Tale of two housing markets Timing Fed hike Housing recovery still in full swing More News from 'Around the Web' Washington Post - 4:24PM The economy's biggest weakness is … winter? CNBC - 4:24PM Gross: Why Fed will have problems raising rates CNBC - 4:17PM Hey, Fed—What was that?! CNBC - 2:22PM Not yet: Fed holds rate at zero, no hint for hike Bloomberg - 1:56PM Yellen May Get No Second Chances at Getting It Right on Fed Rate The Atlantic - 12:10PM Damn the Developers? Bloomberg - 12:09PM Gross Says U.S. Treasury Moves on Small Trades Show No Liquidity CNBC - 12:09PM Dollar trounced on weak GDP, view of easy Fed Bloomberg - 11:18AM `Panicky Exit' by Fed Seen as Risk to Markets Even Amid 0.2% GDP CNBC - 10:46AM Cheaper oil should help economy? Wrong: BlackRock CNBC - 10:46AM Consumers just say no to spending CNBC - 10:46AM US crude inventories rise by 1.9M barrels rss.nytimes.com - 9:28AM E.C.B. Says Loans to Private Sector Rose in March for First Time in 3 Years WSJ - 9:28AM First-Quarter GDP – At A Glance CNBC - 9:28AM US economy stalls as weather, low energy prices bite WSJ - 9:25AM Eurozone Inflation Expectations Rise Market Watch - 9:25AM Treasury slapped over shoddy support for homeowners Calculated Risk Blog - 12:13AM Wednesday: GDP, FOMC Calculated Risk Blog - 12:13AM A Comment on House Prices: Real Prices and Price-to-Rent Ratio in February www.builderonline.com - 12:12AM Spring Foreclosures in Bloom, Heatmapped by County Today's Rates Best Execution Rate Change 30 Yr FRM 3.84% +0.05 15 Yr FRM 3.14% +0.04 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.75% +0.06 5/1 Yr ARM 2.97% -0.02 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 3.87% 0.38 +0.01 15 Yr. Fixed 3.16% 0.29 +0.01 30 Yr. Jumbo 3.84% 0.35 +0.03 30 Yr. FHA 3.67% 0.23 -0.02 5/1 ARM 2.82% 0.40 +0.06 Freddie Mac ** 30 Yr. Fixed 3.65% 0.60 -0.02 15 Yr. Fixed 2.92% 0.60 -0.02 1 Yr. ARM 2.44% 0.40 -0.02 5/1 Yr. ARM 2.84% 0.40 -0.04 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 3.0 101.73 -0.14 30YR FNMA 3.5 104.78 -0.05 30YR GNMA 3.0 102.61 -0.08 30YR GNMA 3.5 105.34 -0.02 15YR FNMA 3.0 104.66 -0.03 15YR FNMA 2.5 102.52 -0.08 Treasuries Yield Change 2 YR 0.5629% +0.0000 5 YR 1.4270% +0.0257 10 YR 2.0476% +0.0460 30 YR 2.7595% +0.0556 Prices as of: 4/29/2015 4:31PM 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. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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