Nearly 100 Metro Areas on Improving Market List
(Mortgage News Daily) - 1 hours, 31 minutes ago...
Posted To: MND NewsWireThe list of Improving Housing Markets (IHM) maintained by the National Association of Home Builders (NAHB) took another big jump in February, rising from 76 in January and more than doubling the 41 reported in December. There are now 98 metropolitan areas representing 36 states included on the list. The IHM identifies metropolitan areas that have shown improvement from their respective troughs on each of three metrics - employment, housing permits, and home prices - for at...
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MBS Stable Enough For Potential Reprices as Treasuries Reinforce Trends
(Mortgage News Daily) - 1 hours, 31 minutes ago...
Posted To: MBS Commentary( MBS Live ) - Against today's data-free backdrop, the only real market mover has been the earlier scheduled Fed buying (30yr sector of Treasuries) that left the long end of the yield curve in slightly better shape. 2s v 10s moved down to 167 from 170.8 just before the Fed buying. In the process, 10yr yields have held support nicely under 1.95, and it seems that MBS appreciate the stable environment. Fannie 3.5's have marched calmly to better and better prices ...
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MBS MID-DAY: 2/6/2012
(Mortgage News Daily) - 1 hours, 31 minutes ago...
Posted To: MBS CommentaryMBS Live : MBS MID-DAY Open MBS Live Dashboard FNMA 3.5 103-24 : +0-01 FNMA 4.0 105-19 : +0-03 FNMA 4.5 106-25 : +0-00 FNMA 5.0 108-01 : +0-03 GNMA 3.5 105-04 : +0-01 GNMA 4.0 107-25 : +0-01 GNMA 4.5 109-04 : +0-00 GNMA 5.0 110-29 : +0-01 FHLMC 3.5 103-15 : +0-00 FHLMC 4.0 105-08 : +0-03 FHLMC 4.5 106-08 : +0-00 FHLMC 5.0 107-20 : +0-03 Pricing as of 11:03 AM EST Morning Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBS Li...
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Less Building Now, Higher Office Rents Later
(WSJ) - 1 hours, 31 minutes ago...
Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide....
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Convicted NY fraudster sentenced in hit plot (AP)
(Yahoo) - 1 hours, 31 minutes ago...
AP - A convicted New York mortgage fraudster who then tried to get a key witness killed in revenge has gotten another eight to 16 years in prison....
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All FHA Today: Compare Ratios, Streamlines, Condo Approvals, LI Program Changes
(Mortgage News Daily) - 1 hours, 31 minutes ago...
Posted To: Pipeline PressSome will call this a useful tool and a time saver - others will say it is another sign of our privacy going away and "Big Brother" seeing everything. Enter an address, and it displays a map of the area showing all residences/businesses, including their phone numbers : http://neighbors.whitepages.com . In Northern California, WBC Lending is looking for experienced wholesale AE's to call on brokers. WBC Lending has "an aggressive product offering, incl...
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Will a vacation home work as a retirement home later?
(Mercury News) - 6 hours, 20 minutes ago...
It sounds like a dream situation: Buy an oceanfront cottage as a vacation home, and years later, use it as an idyllic retirement home....
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The Week Ahead: Limited Data Calendar Leaves Auctions, Greece in Focus
(Mortgage News Daily) - 6 hours, 20 minutes ago...
Posted To: MBS CommentaryThe Employment Situation Report is normally preceded by "sideways uncertainty" and followed by noticeable directionality. But this time around, the opposite is true. Although there were some fast and moderately large losses on Friday following the report, it could be argued that the "noticeable directionality" took place in the days leading up to the report, and the passing of the report--by the time this week's upcoming Treasury Auctions and Eur...
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Secret Is Out in Prospect Lefferts Gardens
(WSJ) - 6 hours, 20 minutes ago...
In recent years, the neighborhood had increasingly attracted more young people seeking affordable condos and apartments as well as the older homes....
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NYC Remains a Top Investment Target for Multifamily Buyers
(NREIonline) - 6 hours, 20 minutes ago...
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