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Mortgage Rates Fall Back Toward All-Time Lows
Posted To: Mortgage Rate WatchMortgage rates were mixed this morning, depending on the lender. The more responsive lenders had already bumped rates higher yesterday in response to weakness in...
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Broker, CRM, VA IRRRL Products; Premium Pricing Blues; Forbearance and Agency News
Posted To: Pipeline Press“All of our dogs think we quit our jobs to spend more time with them while all of our cats think we got fired for being...
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Broker, CRM, VA IRRRL Products; Premium Pricing Blues; Forbearance and Agency News
Posted To: Pipeline Press“All of our dogs think we quit our jobs to spend more time with them while all of our cats think we got fired for being...
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April’s Harsh Residential Construction Numbers Meet Expectations
Posted To: MND NewsWireThe April residential construction numbers are, of course, horrible. But they aren’t out of line with expectations, and builders did continue to plan for expansion and...
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Fannie/Freddie Seek Financial Advisor to Help Them Exit Conservatorship
Posted To: MND NewsWireFannie Mae and Freddie Mac (the GSEs) have taken what each is calling an important step toward ending their 12 years of operating under conservatorship. Each...
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MBS Day Ahead: What is MBS ‘Outperformance’ And Why Are We Seeing It?
Posted To: MBS CommentaryI’ve been mentioning MBS outperformance and underperformance quite a bit recently, but what do these terms really mean and why do we care? First off, we...
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FHFA Pushes Forward With Fannie/Freddie Conservatorship Exit
Posted To: MND NewsWireMaybe all of the talk about ending the GSE’s long term incarceration in conservatorship is more than talk this time. Earlier this week both Freddie Mac...
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Broker, Correspondent, LOS, CRM Products; Agency Shifts; Remember Non-QM?
Posted To: Pipeline PressJury trial by Zoom? Leave it to Texas to give it a shot. Michigan and Indiana are now offering the bar exam online for aspiring attorneys....
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Vast Majority of Forbearances Going to Those Who Don’t Need Them
Posted To: MND NewsWireWith the number of homeowners under forbearance plans nearing 10 percent of all of those having a mortgage, a Lending Tree survey indicates that most of...
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Refis Dominated April Closings as Lenders Tackle Constant Changes
Posted To: MND NewsWireInterest rates on closed loans continued to decline in April, falling from 3.65 percent in March to 3.48 percent according to the Origination Insight Report from...
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