Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'Interest rates'


Here's why the rest of 2014 will be rough for housing

Weak jobs, affordability issues and wandering rates in play
April 14, 2014
The next couple of quarters may be rough going for the housing and finance industry.
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4 reasons the Fed won't raise interest rates anytime soon

It has to do with jobs, jobs, jobs and jobs
March 31, 2014
Federal Reserve Chair Janet Yellen said early Monday that the economy and the job market are still ailing and that they will need “extraordinary” assistance from the central bank in the form of low interest rates “for some time.”
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Bank of America finds the housing recovery hard to believe

Analysts say mortgage numbers are awful
March 21, 2014
The housing recovery may not continue, they indicate, if the Federal Reserve continues to pull back on its purchase of mortgage-backed securities and decides to raise rates sooner-than-later.
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This CoreLogic report tells you 3 things about home affordability

And 1 thing about why it will benefit REO-to-rental
February 20, 2014
CoreLogic’s February MarketPulse report shows that home affordability continues to be a challenge for home buyers, and that this may benefit the single-family rental market in 2014.
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Janet Yellen must face these 5 challenges head on

Will she be Action Janet or Caretaker Janet?
February 7, 2014
Like the 12 labors of Hercules, here are the five challenges facing new Federal Reserve Chair Janet Yellen.
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3 things to know about interest rates in 2014

Whether they rise or not, things are going to change
January 10, 2014
There is a lot of pressure on interest rates to rise, but how much they will and what effect a hike will have is subject to debate. It's like everyone is walking a tight rope.
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Fed may hedge its taper bet

Housing, employment aren't nearly so solid as claimed
December 19, 2013
Sterne Agee chief economist, Lindsey Piegza told HousingWire that she doubted the Fed would taper at all, given the overall weakness of the economy. While she was wrong on the tapering, she was right about how fragile things are right now.
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Mortgage applications plummet heading into the FOMC meeting

Market index reaches lowest level in several years
December 18, 2013
"Mortgage applications fell further last week, with the market index falling to its lowest level in more than a dozen years," said Mike Fratantoni, MBA’s vice president of research and economics. "Both purchase and refinance applications fell as interest rates increased going into today's Federal Open Market Committee meeting."
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Buy a home before 2014

New rules, rising rates could mean fewer options
December 13, 2013
The year 2014 will be a type of test market for the mortgage industry, with the Federal Reserve expected to eventually taper its mortgage securities purchases. With that in mind, is advising potential buyers to look for their new homes before 2013 closes out.
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S&P: Principal reductions perform better than rate decreases

RMBS investors face potential losses either way
November 25, 2013
Interest rate reductions outpace principal cram-downs across the country, but when it comes to the re-default recidivism rate, principal reductions take the cake.
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