Posted To: Pipeline PressThe IRS ruled on the tax treatment of business meals? True .) Congressional Bank buying McClean Mortgage?… Continue reading Underwriting, Sales tools; Subservicer Product; Credit Union Primer; Legal News
Month: October 2018
MBS Day Ahead: Bonds Fight to Maintain Recent Gains
Posted To: MBS CommentaryWith slightly weaker levels overnight, the rest of the day becomes a fight to maintain the gains… Continue reading MBS Day Ahead: Bonds Fight to Maintain Recent Gains
MBS RECAP: Bonds More Willing to Listen to Stocks’ Sob Story
Posted To: MBS CommentaryYesterday was ‘ neat ‘ for a while–at least in the morning hours when massive stock losses… Continue reading MBS RECAP: Bonds More Willing to Listen to Stocks’ Sob Story
Mortgage Rates Appallingly Unchanged Relative to Market Movement
Posted To: Mortgage Rate WatchMortgage rates were roughly unchanged today. That’s an appalling reality considering the movement in underlying bond… Continue reading Mortgage Rates Appallingly Unchanged Relative to Market Movement
New Home Sales Drop Sharply; Near 2 Year Lows
Posted To: MND NewsWireNew home sales managed to pull out a gain last time they were reported. The question was,… Continue reading New Home Sales Drop Sharply; Near 2 Year Lows
Hurricane Florence, Seasonal Trends Conspire to Boost Mortgage Delinquencies
Posted To: MND NewsWireMortgage delinquencies surged by 13.2 percent in September, the largest single-month increase since November 2008. But despite… Continue reading Hurricane Florence, Seasonal Trends Conspire to Boost Mortgage Delinquencies
FHFA Says Annual Price Gains Still Over 6 Percent
Posted To: MND NewsWireLike most measures of monthly home price appreciation, the Federal Housing Finance Agency’s House Price Index (HPI)… Continue reading FHFA Says Annual Price Gains Still Over 6 Percent
Non-QM, Tech, Sales Products; M&A Continues; U.S. Bank Correspondent Reorganization
Posted To: Pipeline PressLenders, investors, and servicers don’t like bankruptcy, and for good reason. Thank you to Brian B. up… Continue reading Non-QM, Tech, Sales Products; M&A Continues; U.S. Bank Correspondent Reorganization
MBS Day Ahead: Bonds Defend And Hope to Extend
Posted To: MBS CommentaryFor nearly a week, 10yr Treasury yields had been treating 3.18% as a floor (3.178% was the… Continue reading MBS Day Ahead: Bonds Defend And Hope to Extend
Big Rebound in Refinance Applications
Posted To: MND NewsWireMortgage applications rose during the week ended October 19, an increase the Mortgage Bankers Association (MBA) attributed… Continue reading Big Rebound in Refinance Applications