Housing Crisis Needs Localized Approach, Not "One Size Fits All" Solution

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Housing Crisis Needs Localized Approach, Not "One Size Fits All" Solution Eric Rosengren, president of the Federal Reserve Bank of Boston, told attendees at a Federal Reserve sponsored conference on REO and Vacant Property Strategies... - MND NewsWire Rates Retrace Late Week Losses. Lost Rebate Restored You've earned back much of what you lost on Friday, but I would remain defensive of rebate improvements until 10s break 2.645% resistance and stocks confirm... - MBS Commentary Zero-Down Payment Programs; New FHA Mortgagee Letter; Does the Value of Servicing Warrant Retaining It? Zero-down programs - why not?! Jumbo market stirrings; HUD & agency updates; does the value of servicing warrant retaining it? - Pipeline Press Mortgage Rates End Losing Streak... - Mortgage Rate Watch FHFA Establishes New Housing Goals... - MND NewsWire Expanding the Pool of Eligible... - Voice of Housing Fed Hosts Neighborhood Stabilization... - MND NewsWire Rising Refi Index Indicative of... - MND NewsWire All Signs Point to Higher Rates... - MBS Commentary Eliminate Investor Credit Overlays by Selling Directly to the GSEs The Week Ahead: Beige Book, Treasury... - MBS Commentary »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 103-09 0-16 FNMA 4.5 104-29 0-10 FNMA 5.0 106-03 0-04 FNMA 5.5 106-27 0-01 FNMA 6.0 107-18 0-01 Updated: 9/7/10 4:35 PM Treasuries 3 MO 0.1247 0.0000 2 YR 0.4785 -0.0317 5 YR 1.3968 -0.0852 10 YR 2.5962 -0.1063 30 YR 3.6616 -0.1221 Updated: 9/7/10 4:56 PM Mortgage Rates 30 Yr FRM 4.35 -0.03 15 Yr FRM 3.75 -0.02 FHA 30 Year 4.37 -0.03 Jumbo 30 Year 5.54 -0.02 5/1 Yr ARM 3.49 -0.03 Updated: 9/7/10 4:18 PM Latest Video       View:All Videos Can Money Buy Happiness? 9/7/2010 A new Princeton survey puts a number to the amount of money that can actually buy happiness, with Terry Lyles, "Stress Doctor." Housing Market: Prop it Up or Let it Fail? 9/7/2010 Anthony Sanders, a real estate professor at George Mason University, and David Crowe, chief economist at the Natl. Association of Home Builders, share... Manhattan Real Estate Market Making Comeback 9/7/2010 The Manhattan real estate market is coming back, thanks in large part to condo investors. CNBC's Diana Olick has the details. Around The Web       Housing Completions will set new record low in 2010 Index Points to Slowdown in Hiring Real Estate News: Good News About Rising Mortgage Rates Krueger Op-Ed: 'Measure Succeeds in Promoting Private-Sector Hiring' A reward for responsible homeowners Give Home Owners Tips to Fight Foreclosure Sellers Aren't Cutting Prices Stress Tests Missed Debt at EU Lenders Citi under fire over deferred tax assets Euro Slides Amid Concern Over Banks' Finances; Aussie Drops »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 9/7/2010 - read this comment based on the uptick in prepay speeds on recent vintage MBS, your colleagues are re-refinancing clients they've closed in the last 20 months. Mine your database everyone! Larry Gray on 9/7/2010 - read this comment Now if I can get off my "comfortable level of contentment with business" and call up many clients over the years I have not gotten around to calling...rates really are low, low, low! I know.... Jason Harris on 9/7/2010 - read this comment I am sure everyone has a similar story but here is mine. Closed a $450K high balance at 4.875% in June. Customer had a 748. Now wants to refi and due to a $60 cell phone collection hitting her bureau she... Patty Robinson on 9/7/2010 - read this comment I can not agree with you more it is so nice to hear from someone who actually makes sense. The time for the "bandaides" are over we need to get back to basics the way we underwrote before these... Questions I want to refi and take out $10,000 to remodel. Is it better... I'm interested in buying new construction but they won't... After I have received a notice of acceleration of mortgage -... Are you allowed to get your items AFTER your home has been foreclosed... Answers Will a Section 8 house next to me cause my house to lose value... What is Refi Plus from Fannie Mae? I am in the process of buying a home and just paid about 500... What are the repercussions of giving my home back to the bank... Forum Discussions Home Mortgages Seller has Decided Not to Sell My Home How Much to Pay A Closing Attorney A Point Where a Mortgage Rate is Too Low? Ihave rescinded my primary home six months ago.I have the county title and release docs in my posession and in a TRUST. What can I do if the SUCESSOR BANK gives me a hard time after it is free and clear? Please respond Stan. Loan Scenarios Post | View All   State Date Amount Loan Type NJ 9/5/2010 1,400,000.00 Purchase MD 9/3/2010 712,000.00 Refinance (Rate and Term) CA 9/1/2010 520,000.00 Refinance (Rate and Term) VA 8/31/2010 970,000.00 Refinance (Rate and Term) CA 8/27/2010 490,000.00 Refinance (Rate and Term) CA 8/26/2010 473,000.00 Refinance (Rate and Term) Mortgage News Daily

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FHFA Establishes New Housing Goals for GSEs

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       FHFA Establishes New Housing Goals for GSEs FHFA has released final housing goals for Freddie Mac and Fannie Mae for 2010-2011. The goals establish benchmarks for the Enterprise to purchase mortgages... - MND NewsWire All Signs Point to Higher Rates in Week Ahead A slow econ calendar and pending Treasury issuance combined with a short term bias to chase returns in the equity market imply interest rates will rise... - MBS Commentary Expanding the Pool of Eligible Homeowners: Common Sense Underwriting Needed Recently we've been hearing reports of renewed interest in restoring the homebuyer tax credit. While that may seem like a step in the right direction... - Voice of Housing Fed Hosts Neighborhood Stabilization... - MND NewsWire Employment Situation Report: -54K... - MBS Commentary How Did The Employment Report Affect... - Mortgage Rate Watch Pending Home Sales Rebound from... - MND NewsWire Eliminate Investor Credit Overlays by Selling Directly to the GSEs Banks Prefer Cash Buyers in REO... - Pipeline Press Rising Refi Index Indicative of... - MND NewsWire S&P/Case-Shiller: Home Prices... - MND NewsWire »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 102-27 -0-08 FNMA 4.5 104-17 -0-07 FNMA 5.0 105-29 -0-04 FNMA 5.5 106-24 -0-04 FNMA 6.0 107-16 -0-04 Updated: 9/3/10 4:31 PM Treasuries 3 MO 0.1247 -0.0153 2 YR 0.5100 0.0100 5 YR 1.4819 0.0519 10 YR 2.6970 0.0670 30 YR 3.7811 0.0611 Updated: 9/3/10 5:04 PM Mortgage Rates 30 Yr FRM 4.38 0.03 15 Yr FRM 3.77 0.01 FHA 30 Year 4.40 0.02 Jumbo 30 Year 5.56 0.01 5/1 Yr ARM 3.52 0.02 Updated: 9/3/10 4:17 PM Latest Video       View:All Videos Rating Agencies: Skill vs. Conflict 9/3/2010 Making a case for credit rating agencies and their role in the market, with Martin Fridson, BNP Paribas. Joerres Says Companies `Very Specific' Now About Hiring: Video 9/3/2010 Sept. 3 (Bloomberg) -- Jeffrey Joerres, chief executive officer of Manpower Inc., talks with Bloomberg's Julie Hyman about companies' hiring patterns... Kroszner Doesn't See `Major Move' by Fed on Jobs Data: Video 9/3/2010 Sept. 3 (Bloomberg) -- Former Federal Reserve Governor Randall Kroszner talks about the potential impact of August U.S. jobs data on Fed monetary policy... Around The Web       New FHA Mortgagee Letter: Minimum Credit Scores and Loan-to-Value Ratios August Employment Report: 60K Jobs ex-Census, 9.6% Unemployment Rate Employment Diffusion Indices A Grain of Salt on Thursday's Pending Sales Report Federal Housing Stimulus: How Much More? ON THE ROAD FROM RECOVERY TO REVITALIZATION HUD Announces Plans for a New Reverse Mortgage Option Why houses are like dishwashers Economists React: Jobs Report 'Stronger-Than-Expected, Yes, Strong, No' H&R Block Surges as Chief Says Firm Can Handle Mortgage Refunds »View All Recent Articles JOIN THE CONVERSATION Recent Comments Ray J on 9/3/2010 - read this comment FICO LLPA's need to be addressed. I had a client with an 780 FICO. A credit dispute happened over a $50 cell phone bill. Guess what. 710 FICO now. Add 2 points in LLPA's to that. There are inefficiencies... Adam Quinones on 9/3/2010 - read this comment RTRS-WHITE HOUSE SAYS AUGUST JOBS REPORT PROVIDES ASSURANCE THAT GROWTH AND RECOVERY ARE CONTINUING AGAINST BACKDROP OF RECENT "UNSETTLING" DATA Ed Connor on 9/3/2010 - read this comment Things just haven't been the same since they outlawed miniature car monkey racing... Good post Frank and this is an appraiser complimenting you. You have a good grasp of what's going on and the... Tom Vogel on 9/2/2010 - read this comment Well said, unfortunately every program from the new appraisal system to disclosure guidelines does nothing but hurt consumer. Appraisals are still a crap shoot, The appraisers themselves feel like they... Questions What is Refi Plus from Fannie Mae? Will a Section 8 house next to me cause my house to lose value... Are you allowed to get your items AFTER your home has been foreclosed... Can gifted money be used towards a downpayment? If so, does that... Answers Does home location affect home price? How does one person get from under a mortgage with some one whom... What are the repercussions of giving my home back to the bank... What will be my tax liability if I just return the house back... Forum Discussions Loan Scenario: MD, $712,000, 760, 80% LTV, Refinance (Rate and Term) Loan Scenario: VA, $970,000, 740, 57% LTV, Refinance (Rate and Term) Can I Refi my mortgage? A Point Where a Mortgage Rate is Too Low? Selling Fixtures of the Home in a Short Sale Loan Scenarios Post | View All   State Date Amount Loan Type MD 9/3/2010 712,000.00 Refinance (Rate and Term) CA 9/1/2010 520,000.00 Refinance (Rate and Term) VA 8/31/2010 970,000.00 Refinance (Rate and Term) CA 8/27/2010 490,000.00 Refinance (Rate and Term) CA 8/26/2010 473,000.00 Refinance (Rate and Term) CA 8/26/2010 490,000.00 Refinance (Rate and Term) Mortgage News Daily

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