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Four news feeds are on this page. RisMedia is to the right, Mortgage Daily News is below, followed by the Christian Science Monitor, and finally "Your Money" articles from the New York Times. I hope you enjoy these perspectives. |
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| MBS RECAP: MBS Outperform, But Bonds Eventually Slide | ||
| 7/23/2019 5:10 PM | ||
| Posted To: MBS CommentaryMBS did a great job of fending off an onslaught of Treasury weakness today. MBS outperformance is a relatively foreign concept of late, but we do tend to see it if Treasuries lose ground quickly enough. Today, however, it was possible even without a significant slide in bond prices...Read More | ||
| Mortgage Rates Hold Steady Despite Bond Market Weakness | ||
| 7/23/2019 3:09 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates side-stepped today, bringing an end to a gentle but consistent move lower over the past 5 business days. During that time the average conventional 30yr fixed rates for top tier scenarios fell about an eighth of a percentage point (0.125%). While that only translates ...Read More | ||
| Existing Home Sales Fail to Build on May Gains | ||
| 7/23/2019 10:17 AM | ||
| Posted To: MND NewsWireExisting home sales are persistent in their inability to maintain a steady course from month to month. Despite low interest rates and hopes for a strong spring market, those sales were down 1.7 percent in June. Sales the prior month had posted a 2.5 percent increase, breaking out of a two-month slu...Read More | ||
| FHFA Shows Further Slowdown in Home Prices for May | ||
| 7/23/2019 9:01 AM | ||
| Posted To: MND NewsWireThe Federal Housing Finance Agency"s (FHFA"s) House Price Index (HPI) fell in line with most other indices in May, showing a slowdown in housing price appreciation. The agency said home prices gained 0.1 percent compared to April and was 5.0 percent higher than in May 2018. While the FHFA numbers h...Read More | ||
| Prepayments, Delinquencies Reversed Course in June | ||
| 7/23/2019 8:37 AM | ||
| Posted To: MND NewsWireThe bubble in the mortgage prepayment rate burst in June. Black Knight, in its "first look" at the month"s loan performance statistics, said the single month mortality rate (SMM), the pace at which mortgages are paid down or off, declined for the first time in five months . The rate is usually an i...Read More | ||
| LO Training, Construction, Marketing Products; FHA Updates | ||
| 7/23/2019 7:57 AM | ||
| Posted To: Pipeline PressDuring my travels someone recently told me that the “x” at the end of Cajun names was attributable to illiterate Cajuns “making their mark.” But instead it seems that two hundred years ago Judge Paul Briant took responsibility for the 1820 U.S...Read More | ||
| MBS Day Ahead: Range Narrows as Data and Auctions Begin | ||
| 7/23/2019 7:56 AM | ||
| Posted To: MBS CommentaryIn the day just passed, bonds made modest gains at the open only to give most of them up by the close. Activity was concentrated at the specific opening and closing bells for the CME (where bond options still trade in "the pit" and where many of the most active bond trade...Read More | ||
| Fintech Impact - A Long Way to Go | ||
| 7/23/2019 7:16 AM | ||
| Posted To: MND NewsWireGiven its press coverage, one would conclude that financial technology (fintech) has all but taken over residential real estate and its financing. However, a new report from Jung Choi, Karan Kaul, and Laurie Goodman of the Urban Institute (UI) states that the online share of all home sales (to owne...Read More | ||
| Mortgage Rates Fall Again as Lenders Play Catch Up | ||
| 7/22/2019 2:30 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were lower again today. The improvement was fairly decent given the amount of movement seen in the bond market. The reason for that has to do with the phenomenon we discussed on Friday whereby mortgage lenders are generally a bit cautious when it comes to adjusting r...Read More | ||
| Document, Non-QM, MI Products; Vendor News; Rates Steady | ||
| 7/22/2019 7:54 AM | ||
| Posted To: Pipeline PressThere are more stars in the universe than words ever uttered by all the humans who ever lived. (That’s a good line for tonight’s Happy Hour.) Money, on the other hand, is finite, and catching everyone’s attention this morning is a) Zillow telling us...Read More | ||
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| Louisiana’s coastline is disappearing. Can the bayou be saved? | ||
| 7/24/2019 12:03 AM | ||
| Louisiana has taken aggressive steps to advance progressive climate-change adaptation ideas through a lens of business and social conservatism.Read More | ||
| GOP campaign chair: where ‘Minnesota nice’ meets hockey trash-talker | ||
| 7/24/2019 12:03 AM | ||
| Rep. Tom Emmer"s competitive spirit was on full display as he discussed with reporters the GOP strategy for retaking the House next year.Read More | ||
| A single moment of insight brings healing | ||
| 7/24/2019 12:03 AM | ||
| Healing is not a miracle reserved for a faithful few or a gift for a specially endowed elite. It is the outcome of fresh spiritual insights that are the divine right of everyone, right here and now.Read More | ||
| Iran crisis reminds UK of a cost of Brexit | ||
| 7/24/2019 12:03 AM | ||
| Even as Brexit looms, tensions in the Gulf have highlighted the limits of Britain"s strength without international allies.Read More | ||
| California’s ‘lonely’ Republicans: When minority status means irrelevance | ||
| 7/24/2019 12:03 AM | ||
| In many states, the majority has all the power, leaving the other party without a voice. The minority often uses the courts to try to shape policy. Read More | ||
| All-girls school welcomes its first esports teams | ||
| 7/24/2019 12:03 AM | ||
| A private school near Cleveland become the first U.S. all-girls school to launch a varsity esports team, a field dominated by male students. The key to attracting girls to esports, one educator found, was to expand the kinds of games offered.Read More | ||
| Turning around Puerto Rico’s woes | ||
| 7/24/2019 12:03 AM | ||
| Anti-corruption outrage in the territory looks a lot like that in Chile in 2015. The Chilean tale ended with an embattled leader becoming a successful anti-corruption reformer.Read More | ||
| National leaders start group for bipartisan criminal justice reform | ||
| 7/24/2019 12:03 AM | ||
| An outgrowth of the First Steps Act, the group contains an array of leaders from across the political spectrum. It will seek consensus recommendations for public safety and justice reform.Read More | ||
| With Boris Johnson as U.K. prime minister, economic forecast darkens | ||
| 7/24/2019 12:03 AM | ||
| Boris Johnson"s decisive win over Jeremy Hunt makes a "no deal" Brexit look increasingly likely for Nov. 1. If Britain leaves the EU without a withdrawal agreement, economists predict tariffs, a loss of jobs, and a weakened economy will be unavoidable.Read More | ||
| Congress and the White House reach budget compromise | ||
| 7/24/2019 12:03 AM | ||
| Lawmakers in Washington have negotiated a new federal spending deal, marking the first step toward avoiding a potential federal default on debt. Read More | ||
These articles are property of New York Times and protected by copyright. |
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