Archive
| Jun. 26, 2008 |
mortgage mutterings - rates slide down, Countrywide approves BofA deal, business as usual |
| Jun. 25, 2008 |
Illinois to pursue CW, HUD reminds brokers that they need to be approved |
| Jun. 24, 2008 |
Rent versus own economics? And Wells no longer relying solely on DU & LP for reduced doc loans |
| Jun. 23, 2008 |
news on Triad exiting MI, FAMC, Thornburg's troubles, and top reverse mortgage lenders |
| Jun. 20, 2008 |
mortgage droning - WaMu cuts more staff, and why is FHA pricing different than conforming pricing? |
| Jun. 13, 2008 |
mortgage chatter - How strong is the FHA? Where were you 5 years ago? And Citi's turn for some good changes. |
| Jun. 12, 2008 |
A surprise Retail Sales number forces rates higher. What is "LIBOR"? |
| Jun. 11, 2008 |
a reminder of who Freddie is, some US Bank news, and where are rates going? |
| Jun. 10, 2008 |
ARM prices - and Washington Mutual stock - getting whacked, and lots of FHA news |
| Jun. 9, 2008 |
Sorry for the length of this one, but so many company changes, so little time... |
| Jun. 6, 2008 |
unemployment data keeps the Fed on hold, oil +$6 overnight, brokers nervously eyeing HUD RESPA proposal |
| Jun. 4, 2008 |
all quiet in mortgage-land |
| Jun. 3, 2008 |
in a quiet market, Washington Mutual loses chairman, Wells "clarifies" their at-risk policy, Lehman may raise more money |
| Jun. 2, 2008 |
Wachovia CEO axed, the market is quiet, and is HUD/FHA "green"? |
| May 30, 2008 |
lots of investor changes, some for the good on agency jumbo! |
| May 29, 2008 |
Sambol retiring from CW, SunTrust moves to 6 month EP0 liability for brokers, mortgage prices worsening |
| May 28, 2008 |
Chase & Indy tweak programs while rates creep up |
| May 27, 2008 |
WF loosens up, FAMC & HSBC restrict, and are MI companies now the villains? |
| May 25, 2008 |
rates continue higher, HSBC makes some changes, and why did Downey keep a 1 cent dividend? |
| May 23, 2008 |
latest legislative update, stock tip du jour, why are rates going up? |
| May 22, 2008 |
mortgage mumblings: what exactly is the difference between a mortgage broker and a mortgage banker? |
| May 21, 2008 |
mortgage musings - another blow for brokers, Nat City looking for loan buyers, oil on the march |
| May 20, 2008 |
why Fannie & Freddie's changes may not be seen quickly by borrowers |
| May 19, 2008 |
ING expands in Germany, Fannie increases jumbo agency parameters, SunTrust scales back Flex Equity Line |
| May 16, 2008 |
mortgage mutterings - Fannie increases LTV to 97% nationwide, but industry loses another 2nd investor: Chase |
| May 15, 2008 |
another bevy of underwriting & pricing changes especially on MI |
| May 14, 2008 |
is First Horizon next on the chopping block? And a legislative update for mortgages |
| May 13, 2008 |
mortgage mutterings - Fannie buys first security backed by agency jumbo loans! |
| May 12, 2008 |
FHA news, and who is selling directly to the Government Sponsored Enterprises? |
| May 9, 2008 |
mortgage musings - rates slightly better on little news |
| May 8, 2008 |
the roller coaster of good & bad news continues but Fannie gives high balance areas a shot in the arm |
| May 7, 2008 |
Fannie's turn to lose a few billion, and just when you think it is getting better... |
| May 6, 2008 |
mortgage droning - rates unchanged, UBS and DR Horton news |
| May 5, 2008 |
Cinco de Mayo; when was the last time you bought sheets or filled up your gas tank? |
| May 2, 2008 |
Know anyone with a HELOC? Oh, and we're not in a recession anymore... |
| May 1, 2008 |
Indy news, mortgage rates improving, and Happy May Day |
| Apr. 30, 2008 |
lender's stance on MLS, house prices decline, GDP slow, Guaranty Bank closes a business unit |
| Apr. 29, 2008 |
Countrywide's name going away, reports 1st quarter loss, Calpers turnover, and Wells announces non-conforming restrictions |
| Apr. 28, 2008 |
economic chatter - if you buy gasoline, check out this website |
| Apr. 25, 2008 |
rates continue higher, HSBC makes some changes, and why did Downey keep a 1 cent dividend? |
| Apr. 24, 2008 |
what is a "spread"?; and rates heading higher ahead of Tuesday's FOMC meeting |
| Apr. 23, 2008 |
Freddie steps up, and a Bank of America Countrywide mortgage product update |
| Apr. 22, 2008 |
relatively quiet, prices unchanged, but with an interesting graph |
| Apr. 21, 2008 |
what one veteran mortgage banker did after leaving the business |
| Apr. 17, 2008 |
Fannie would rather borrowers NOT walk away, and mortgage investor earnings |
| Apr. 14, 2008 |
What do Wachovia and Washington Mutual have in common? |
| Apr. 11, 2008 |
mortgage prices unchanged, and little mortgage news for a change! |
| Apr. 10, 2008 |
all quiet on the mortgage front |
| Apr. 9, 2008 |
More WaMu details, Fed minutes, company program changes |
| Apr. 8, 2008 |
Does $5 billion buy you the right to shutter Washington Mutual's broker business? |
| Apr. 7, 2008 |
are the tighter guidelines helping the market? |
| Apr. 4, 2008 |
How to cheat Chase's Zippy? Zillow enters the mortgage marketplace |
| Apr. 3, 2008 |
FHA overlays & an FHASecure reminder. And no more pesky appraisals! |
| Apr. 2, 2008 |
are points still deductible? Wachovia constricts, CW/BofA update |
| Apr. 1, 2008 |
Fannie announces MyTrailerPark Program; Fed asks Wells to buy Wachovia; HUD (FHA) secretary resigns |
| Mar. 31, 2008 |
wait & see on Thornburg, rates down and prices better |
| Mar. 27, 2008 |
OFHEO sets $417k as minimum through 2009! News from Citi, GMAC, and Wells' broker disclosure forms |
| Mar. 26, 2008 |
mortgage droning - quiet for a change! |
| Mar. 25, 2008 |
Thornburg back from the brink, and old mortgage folks don't die, they just start new companies |
| Mar. 24, 2008 |
Wells' overlays for super-sized FHA; Indy & Flagstar announce major changes |
| Mar. 21, 2008 |
Fed Funds vs. mortgage graph, Citi, CW, MGIC, RMIC celebrate the first full day of Spring with changes |
| Mar. 20, 2008 |
mortgages ahead of Good Friday - what happens to FHA & VA Loans? Who "sets" mortgage rates? |
| Mar. 19, 2008 |
RESPA change update, and more GOOD news for mortgage prices! |
| Mar. 18, 2008 |
rates drop further. Do brokers swear? Speaking of brokers, Citi & Wells cut wholesale offerings |
| Mar. 17, 2008 |
wear green today, and what did you did you this weekend? Lots of company changes in pricing & underwriting guides |
| Mar. 14, 2008 |
more bad news for brokers, Bear gets some Fed help, but fortunately mortgage prices continue to improve |
| Mar. 13, 2008 |
is it too early to be thinking of beer & St. Patrick's Day? |
| Mar. 12, 2008 |
Spitzer to resign, Gilligan star arrested, stocks have huge rally |
| Mar. 11, 2008 |
Macquarie exits, Flagstar & Indymac announce new limits, the Fed steps in! |
| Mar. 10, 2008 |
CW & Thornburg in the news again, a Monday monkey story |
| Mar. 7, 2008 |
job market tanks & mortgages improve, Citi scales back mortgage biz, FNMA/FHLMC announce loan limits |
| Mar. 6, 2008 |
HUD rolls out the mostly higher loan limits, a Thornburg default, is the dollar's decline hurting you? |
| Mar. 5, 2008 |
what's going on with mortgage rates, Thornburg, Citi... |
| Mar. 4, 2008 |
Thornburg rises yet again, PMI's changes, appraisal changes for 2009 |
| Mar. 3, 2008 |
FNMA checks in with higher fees, and are Down Payment Assistance programs like unicorns? |
| Feb. 29, 2008 |
Happy Leap Year. CalHFA sets FICO minimums, and so is loan servicing a good thing? |
| Feb. 28, 2008 |
Scams? Rates dropping - and darn, there's a lot going on in mortgage news! |
| Feb. 27, 2008 |
rates heading down, FNMA loses $3.6 billion, and who owns 9.4% of Wells Fargo? |
| Feb. 26, 2008 |
Locks down & extensions up, Wells makes some ARM index changes |
| Feb. 25, 2008 |
Mortgage chatter to begin the last week of February: Thornburg rumors dispelled |
| Feb. 22, 2008 |
Freddie checks in with price changes and higher delivery fees |
| Feb. 21, 2008 |
mortgages on a wild ride, and remember that no one knows MSA prices yet! |
| Feb. 20, 2008 |
what is 7.47% of $1.48 trillion? |
| Feb. 19, 2008 |
Flagstar clamps down on FHA loans; SIFMA says "no" to high balance loans in TBA mortgage securities |
| Feb. 18, 2008 |
conforming loan limit chatter, with a decent joke |
| Feb. 15, 2008 |
does my county fit into an MSA? Rates slightly better ahead of the holiday weekend |
| Feb. 14, 2008 |
Valentine's Day; Morgan shutters mortgage most of mortgage operations, Citi changes, pricing high-balance conforming loans, and rates are moving up!] |
| Feb. 13, 2008 |
Wells & Indy in the news, and more on the loan limit schedule] |
| Feb. 12, 2008 |
will the industry follow PMI's restrictions? And where do I sign up for Project Lifeline? |
| Feb. 11, 2008 |
Chase enters warehouse lending, and key websites in understanding the loan limit changes |
| Feb. 8, 2008 |
Senate passage, company changes, Thornburg viewed favorably |
| Feb. 7, 2008 |
Senate blocks stimulus plan, now what? And some Indymac news |
| Feb. 6, 2008 |
could jumbo rates go up? Reverse mortgage information, and a possible vote today |
| Feb. 5, 2008 |
stimulus plan update, and the market is steady ahead of 24 states being up for grabs |
| Feb. 4, 2008 |
the latest legislation with a good HUD website for loan amounts & geographic areas |
| Feb. 1, 2008 |
Indy shutters construction lending, Microsoft buys Yahoo, and my client just got their HELOC cut off! |
| Jan. 31, 2008 |
the Fed, good investor news for a change, and new multi-unit verbiage] |
| Jan. 30, 2008 |
Locks up, overnight rates down, and HR 5140 passes - now what? |
| Jan. 29, 2008 |
CW's earnings, GMAC makes some changes, and the odds of another Fed cut actually decline slightly |
| Jan. 28, 2008 |
FHA news, LOTS of investor changes, and a busy economic news week |
| Jan. 25, 2008 |
did they raise the conforming limits or not? And mortgage rates continue to worsen |
| Jan. 24, 2008 |
what traditionally happens when rates decline? And where can I learn to be a rogue trader? |
| Jan. 23, 2008 |
a short-term interest rate primer, and the latest conforming loan balance legislation news |
| Jan. 22, 2008 |
Fed lowers overnight rates by .75%, the market is nervous about BofA & CW, and Wachovia earning fall |
| Jan. 18, 2008 |
Flagstar eliminates jumbo, and we know what investor won't make the top 20 in 2008: Aurora |
| Jan. 17, 2008 |
MortgageIT & Res Cap (Calif) cut back, rates are still great & applications are increasing |
| Jan. 16, 2008 |
Indy, Citi, and First American in the news, and some make-sense subprime numbers |
| Jan. 15, 2008 |
FHA scrutiny, large # of investor changes, Chevy Chase exits, and rates continue down |
| Jan. 14, 2008 |
CW, Merrill, Citi, Wells, all in the new |
| Jan. 11, 2008 |
can imagine how that FDIC - BofA phone call went? |
| Jan. 10, 2008 |
a 15-yr old scenario, and poor BofA buying CW stock at $18/share |
| Jan. 9, 2008 |
rates continue downward, applications skyrocket, jumbo update, and CW stock drops but bounces right back |
| Jan. 8, 2008 |
news on the Fed, and where does Treasury Secretary Paulson think the economy is going? |
| Jan. 7, 2008 |
a good website for the current status of the housing initiatives: all talk & no action |
| Jan. 4, 2008 |
Unemployment data, Nationwide registry is a reality, and a FHA update from an unusual source |
| Jan. 3, 2008 |
Indy out of Mass, Nat City exits wholesale, and what do Freddie Mac and Run DMC have in common? |
| Dec. 28, 2007 |
as mortgage companies scramble to take care of last-minute funding conditions |
| Dec. 27, 2007 |
What should WaMu do when the SEC knocks on their door? |
| Dec. 26, 2007 |
Mortgages: FHA Secure update, Indy changes, and what if you pull credit and your client is suddenly contacted by other lenders? |
| Dec. 24, 2007 |
Industry news with the 10-yr up to 4.23% |
| Dec. 21, 2007 |
Not only does WAMU cut their wholesale product line-up, they find themselves in a lawsuit, and HSBC & PNC shut down home equity for brokers |
| Dec. 20, 2007 |
Mortgage chatter: what is an ABX, and some legislative news in an improving market |
| Dec. 19, 2007 |
Mortgages: short sales info, what about that land I bought in So Cal for my retirement? |
| Dec. 18, 2007 |
some hope for jumbos, the next step for the FHA bill, more VA hints, and some company news |
| Dec. 17, 2007 |
A VA primer, Wells constricts their programs, SunTrust adds risk adjusters |
| Dec. 14, 2007 |
Indy announces program cutbacks, the scoop on jumbo spreads, and CW production levels |
| Dec. 13, 2007 |
Mortgage droning: should everyone be entitled to a government loan? |
| Dec. 12, 2007 |
Mortgages: you'll need to be wearing a neck brace for this market |
| Dec. 11, 2007 |
WAMU mortgage news, and now the Senate takes up the housing bill |
| Dec. 10, 2007 |
Another round of company news and closures ahead of the Fed meeting tomorrow |
| Dec. 7, 2007 |
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| Dec. 6, 2007 |
Mortgage hearsay, chitchat, and ramblings |
| Dec. 5, 2007 |
Mortgages: SUV...SIV... what's the difference? |
| Dec. 4, 2007 |
Mortgages with the 10-yr down to 3.86 - will a union boycott of Countrywide work? |
| Dec. 3, 2007 |
Mortgage chatter: more negative press, but rates are improving |
| Nov. 30, 2007 |
Mortgages for the last day of November, with some tax information about foreclosures, and why aren't mortgage prices better? |
| Nov. 29, 2007 |
A great way of handling the news out there, and a little history lesson |
| Nov. 28, 2007 |
if you don't want bad news about major investors, please don't read this commentary |
| Nov. 27, 2007 |
Mortgage prattle: conforming loan limit news, and Wells slams the door on 2nds for brokers |
| Nov. 26, 2007 |
Mortgage chatter: more ARM re-set information to chew on, and some Scottish humor |
| Nov. 21, 2007 |
Mortgages: my whole 401k is in Freddie stock, now what? |
| Nov. 20, 2007 |
Mortgages: a picture is worth a thousand words, and with the 10-yr at 4.07 what does it mean? |
| Nov. 16, 2007 |
Mortgages: big WAMU changes, improving mortgage prices, and lesson 5 of 5 on MI |
| Nov. 15, 2007 |
Lesson 4 of 5 on MI, mortgage applications picking up |
| Nov. 14, 2007 |
Mortgages: Lesson 3 of 5 on MI, CW volume plunge, HR 3915, and why aren't mortgage prices improving? |
| Nov. 13, 2007 |
Mortgage chatter: Lesson 2 of 5 on MI, and yet more company changes |
| Nov. 12, 2007 |
Lesson 1 of 5 on MI, and more changes in the mortgage biz |
| Nov. 9, 2007 |
Lots of company news, and FNMA & FHLMC may not raise their limits, but... |
| Nov. 7, 2007 |
Mortgages: the text of the new law, national licensing, Wells & FNMA changes, another wholesaler gone |
| Nov. 6, 2007 |
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Copyright - Rob Chrisman
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