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Mortgage News

Costs for All-Time Low Mortgage Rates Inch Lower

Posted To: Mortgage Rate WatchMortgage Rates experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to obtain that rate reached inched slightly lower to reach a new all-time low. De…

Bond Markets Keep Rallying in Low Volume. MBS Hit Multi-Month Highs

Posted To: MBS CommentaryThe latest alert on the MBS Live Dashboard at 11:15am works just as well about an hour later to explain current goings on: Dealers Set Em Up, Fed Knocks Em Down. Bonds Rally Post-POMO 11:15 AM The long end of the yield curve ra…

The Day Ahead: Fed Buybacks, Light Volume, Volatility Expected

Posted To: MBS CommentaryBond markets opened slightly weaker on uneventful overnight session. Last night was perhaps the least dramatic of the week in terms of the European headlines and events that we’ve all come to know and love as the primary source…

Mortgage Rates Eerily Steady at Historic Lows

Posted To: Mortgage Rate WatchDespite a busy morning of economic data, Mortgage Rates are essentially unchanged from yesterday’s levels, leaving the all-time-low 3.875% Best-Execution 30yr Fixed rate intact. Before the European debt crisis became the m…

Increasingly Choppy as Trading Gets Increasingly Light

Posted To: MBS CommentaryAfter the last of this morning’s economic data hit, we’d basically seen all there is to see this week. With tomorrow being a Quadruple Witching day, economic data is limited to a sole report (consumer prices) and the trading th…

Mortgage Mess: Victim of the System?

Homeowner sues bank over loan application trouble Duration : 0:4:11 Technorati Tags: bank of america, foreclosures, lawsuit, mortgage

Foreclosure Defense Attorney Roy Oppenheim Discusses Bank Fraud and Foreclosures on CBS News

http://www.oppenheimlaw.com Roy Oppenheim of Oppenheim Law is one of the premier foreclosure defense attorneys in the country. He says these three stories on this investigative report by Stephen Stock on CBS4 that aired on September 28, 2010 are the rule rather than the exception. “What they’re trying to do is trying to keep your mortgage […]

Lenders Under Fire Again

Ally Financial, JPMorganChase and Bank Of America are ordered to review foreclosures. Duration : 0:2:41 Technorati Tags: bank of america, chase, foreclosure, GMAC, home, home buyer, homeowner, housing, jpmorganchase, Real Estate, tara-nicholle nelson, trulia

Administration Adds Funds to State Housing Foreclosure Prevention Programs

A few days after awarding a second round of funding to five states , the Obama Administration announced a $2 billion expansion of its Innovation Fund for the Hardest Hit Housing Markets (the Hardest Hit Fund). At the same time it…

Mortgage Rates Steady at All-Time Lows

Last week ended with mortgage rates on hold at the best levels of our lifetime following a weaker than expected Employment Situation report. The most anticipated event in the week ahead is the Federal Open Market Committee…

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Mortgage News

  • 16.Dec
  • Costs for All-Time Low Mortgage Rates Inch Lower
  • Posted To: Mortgage Rate WatchMortgage Rates experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to obtain that rate reached inched slightly lower to reach a new all-time low. De…


  • 16.Dec
  • Bond Markets Keep Rallying in Low Volume. MBS Hit Multi-Month Highs
  • Posted To: MBS CommentaryThe latest alert on the MBS Live Dashboard at 11:15am works just as well about an hour later to explain current goings on: Dealers Set Em Up, Fed Knocks Em Down. Bonds Rally Post-POMO 11:15 AM The long end of the yield curve ra…


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