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Real Estate News

New Jersey Real Estate Report » Snow falls in May

No Comments 05 May 2010

Categories: Economics , South Jersey Real Estate . From the Press of Atlantic City: Condo owners hit with steep assessments for snow removal. Spring has arrived and, for most residents of southern New Jersey , the winter and its record …

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New Jersey Real Estate Report » Snow falls in May

Mortgage News

Lenders Preparing for Fed’s Exit; Foreclosure Ban in Process?; FDIC Banking Profiles and CRA Requirements; More GFE

No Comments 26 February 2010

Posted To: Pipeline Press “Talk is cheap, because supply always exceeds demand”. For the week that just ended for the Fed, their MBS purchases totaled $17.6 billion, and they sold $6.6 billion, netting out that magical $11 billion weekly total. They are right on target to end this in about a month.

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Lenders Preparing for Fed’s Exit; Foreclosure Ban in Process?; FDIC Banking Profiles and CRA Requirements; More GFE

Mortgage News

Lenders Preparing for Fed’s Exit; Foreclosure Ban in Process?; FDIC Banking Profiles and CRA Requirements; More GFE

No Comments 26 February 2010

Posted To: Pipeline Press “Talk is cheap, because supply always exceeds demand”. For the week that just ended for the Fed, their MBS purchases totaled $17.6 billion, and they sold $6.6 billion, netting out that magical $11 billion weekly total. They are right on target to end this in about a month

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Lenders Preparing for Fed’s Exit; Foreclosure Ban in Process?; FDIC Banking Profiles and CRA Requirements; More GFE

Mortgage News

Mortgage Insurance Pricing; Radian’s Loss Narrows; NAR Non-Profit Proposal; Tips from Wells Fargo

No Comments 24 February 2010

Posted To: Pipeline Press My daughter and I went through the McDonald's take-out window and I gave the clerk a $5 bill. Our total was $4.25, so I also handed her a quarter.

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Mortgage Insurance Pricing; Radian’s Loss Narrows; NAR Non-Profit Proposal; Tips from Wells Fargo

Mortgage News

Optimistic Mortgage Studies; February Production Volume and Profit Margins; ML/BoA Research; More Lender Updates

No Comments 23 February 2010

Posted To: Pipeline Press Let's start off with two basic premises. There has always been a range of borrowers (credit & risk-wise) that need home loans at rates that match the risk There have always been investors out there with varying degrees of appetite for risk, and demand more return for higher risk. For prime borrowers, the end of the Fed's MBS purchase program is in sight: 6 weeks, $55 billion, that's $9.2 billion a week or 1.8 billion per day

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Optimistic Mortgage Studies; February Production Volume and Profit Margins; ML/BoA Research; More Lender Updates

Mortgage News

Optimistic Mortgage Studies; February Production Volume and Profit Margins; ML/BoA Research; More Lender Updates

No Comments 23 February 2010

Posted To: Pipeline Press Let's start off with two basic premises. There has always been a range of borrowers (credit & risk-wise) that need home loans at rates that match the risk There have always been investors out there with varying degrees of appetite for risk, and demand more return for higher risk

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Optimistic Mortgage Studies; February Production Volume and Profit Margins; ML/BoA Research; More Lender Updates

Mortgage News

Obama’s Newest Housing Initiative; Covered Bonds; Delinquencies Down; FDIC Bank Closures; Lender Updates

No Comments 22 February 2010

Posted To: Pipeline Press In totally unrelated news to mortgage banking, GFE's, and investor changes, Canada's last known First World War veteran, John Babcock, has died at age 109. Babcock was born on an Ontario farm in 1900 and enlisted to join the war at the age of 16 after lying about his age. (The United States has one known surviving WW I veteran, Frank Woodruff Buckles of West Virginia, who recently turned 109.) An agent wrote to me and said, “Rob, I was explaining to a listing agent as to why we needed an appraisal review on her property last night.

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Obama’s Newest Housing Initiative; Covered Bonds; Delinquencies Down; FDIC Bank Closures; Lender Updates

Mortgage News

MBA Delinquency Survey Shows Signs of Stabilization. Progress Depends on Labor Market

No Comments 19 February 2010

Posted To: MND NewsWire The Mortgage Bankers Association released the National Delinquency Survey for Q4 2009 today. Total mortgage delinquency rates, seasonally adjusted, were down 17 basis points during the fourth quarter, but up year-over-year by 159 basis points.

Excerpt from:
MBA Delinquency Survey Shows Signs of Stabilization. Progress Depends on Labor Market

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