Posted To: MBS CommentaryToday’s gains are primarily a factor of the bond market’s response to yesterday’s Cohen headlines (plea deal… Continue reading MBS RECAP: Modest Gains Amid Risk-Off Headline Response; Fed Didn’t Hurt
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Michael Ayoub, Author NMLS ID 6631
Mortgage Rates Extend Steady Streak
Posted To: Mortgage Rate WatchMortgage rates haven’t really moved for 9 straight business days. Some lenders have seen microscopic improvements… Continue reading Mortgage Rates Extend Steady Streak
Fannie and Freddie End Funding of Single-Family Rentals
Posted To: MND NewsWireThe Federal Housing Finance Agency (FHFA) has pulled the plug on pilot programs run by both Fannie… Continue reading Fannie and Freddie End Funding of Single-Family Rentals
Home Price Gains Continue to Dampen Demand
Posted To: MND NewsWireExisting home sales posted their fourth straight loss in July and have dropped to their slowest pace… Continue reading Home Price Gains Continue to Dampen Demand
MBS Day Ahead: Bonds Near Summer’s Best Levels Ahead of Fed Minutes
Posted To: MBS CommentaryNews regarding Cohen’s plea deal came out right as futures markets were closing yesterday. There were only… Continue reading MBS Day Ahead: Bonds Near Summer’s Best Levels Ahead of Fed Minutes
Subservicer Review; Note on Chenoa; Upcoming Training and Events
Posted To: Pipeline PressNow that we’re more than halfway through the third quarter, how’s it shaping up for lenders? Yes,… Continue reading Subservicer Review; Note on Chenoa; Upcoming Training and Events
Mortgage Applications: Refi Index Pulls Out of Slump
Posted To: MND NewsWireLast week’s mortgage application activity was the best since early July as interest rates for most products… Continue reading Mortgage Applications: Refi Index Pulls Out of Slump
MBS RECAP: Slow Session For Bonds Despite Stock Record
Posted To: MBS CommentaryThe S&P 500 hit a record intraday high today (just over 2873.22 compared to the previous high… Continue reading MBS RECAP: Slow Session For Bonds Despite Stock Record
Mortgage Rates Little-Changed Ahead of Fed Minutes
Posted To: Mortgage Rate WatchMortgage rates were generally unchanged again today although several lenders were in just slightly better territory.… Continue reading Mortgage Rates Little-Changed Ahead of Fed Minutes
Treasury Weighs in With Mortgage Industry Recommendations
Posted To: MND NewsWireThe Treasury Department has recommended some sweeping changes for consumer financial services including some directly impacting the… Continue reading Treasury Weighs in With Mortgage Industry Recommendations