Local, National, and World News from a variety of sources.
Mortgage News Daily:
 
MBS MID-DAY: Scheduled Fed Buying The Focal Point On Otherwise Data-Less Morning
5/21/2012 10:21 AM

Posted To: MBS Commentary

MBS Live : MBS Morning Market Summary With the passing of the 10:15-11:00am scheduled "Operation Twist" buying from the Fed, we now know why bond markets bothered to get out of bed today. That's actually an overstatement as there was in fact a decent amount of volume in the overnig...Read More
 
Lots of Training Sessions, NMLS Stats and Fraud Numbers; Oakland to Require Foreclosure Fees
5/21/2012 10:11 AM

Posted To: Pipeline Press

Some people are looking to fill their time - apparently they have too much on their hands . On the other hand, some companies are looking to fill jobs. PHH Mortgage is looking to fill positions in its Mt. Laurel, NJ, Jacksonville, FL, and Sacramento, CA offices, from...Read More
 
The Week Ahead: Light Data Calendar, Treasury Auctions, Holiday Weekend
5/20/2012 6:52 PM

Posted To: MBS Commentary

The line-up of economic data in the week ahead is one of the lightest of the year. Monday is essentially data-free. The following two days of the week are focused on housing with Existing Home Sales on Tuesday and New Home Sales on Wednesday. Those same two days also kick off the T...Read More
 
More Lender Updates; Letters from the Trenches and Legal Updates Focused on the CFPB
5/19/2012 11:56 AM

Posted To: Pipeline Press

London plans to use a painfully "High-Pitched Sound Generator" to disperse large crowds at the Olympics. Observers note that it will be Cindy Lauper's first paying gig since '86. Speaking of high-pitched noises (and no, this is not a lead in to a Taylor Swift joke), ...Read More
 
MBS RECAP: Slightly Bumpy Ride Late, But Important Level Holds
5/18/2012 3:16 PM

Posted To: MBS Commentary

MBS Live : MBS Afternoon Market Summary 104-16 Turned out to be an important level for Fannie 3.5's today. There's more than the usual amount of content in the 'alerts and updates' section below if you're looking to get caught up on how it played out. Long story short, bond markets...Read More
 
Mortgage Rates Lower Still, But Progress Is Slow
5/18/2012 1:41 PM

Posted To: Mortgage Rate Watch

Mortgage Rates improved marginally from yesterday's new all-time lows. Without any major scheduled events to digest, bond markets were left to their own devices and paid a decent amount of attention to a sell-off in stocks. When yields in the broader bond markets move lower, MBS (t...Read More
 
Mortgage Registry Now Includes all States, Federal Lenders
5/18/2012 1:07 PM

Posted To: MND NewsWire

The State Regulatory Registry, LLC (SRR) and the Nationwide Mortgage Licensing System (NMLS) have issued an Annual Report for 2011. The report notes that 2011 was the first year that all state mortgage regulatory agencies utilized NMLS to manage mortgage loan originator (MLO) licenses on the system...Read More
 
MBS MID-DAY: Relatively Uneventful Despite Slight Weakness
5/18/2012 10:22 AM

Posted To: MBS Commentary

MBS Live : MBS Morning Market Summary As the trading day progresses, things are shaping up to be increasingly uneventful even though MBS are down 6/32nds. Reason being: everything has been well contained, and what little weakness we've seen has occurred in a rather orderly fashion ...Read More
 
Realtors Show Clout, 'Protecting The American Dream' in DC Rally
5/18/2012 9:20 AM

Posted To: MND NewsWire

Realtors® massed on the Washington Mall on Thursday to show their strength in a year in which their trade organization, The National Association of Realtors (NAR) seems anxious on several levels. An estimated 15,000 Realtors gathered at the foot of the Washington Monument to, in the words of NA...Read More
 
A Note on The Implications Of Flat Fee Pricing; Lender Updates Continue; Ready For Another Refi Wave?
5/18/2012 8:33 AM

Posted To: Pipeline Press

Facebook...Facebook...Facebook...I guess the financial press is tired of discussing things like Europe's woes. ( Even today's closing paragraph at the bottom is about Facebook. ) Say what you want, but it is influencing real estate down in San Francisco . To help kee...Read More



Forbes Life News:
 
Putting the 'Insurance' Back in Health Insurance
5/20/2012 11:55 PM
We understand that it would make no sense to buy auto insurance after we've already crashed our car. We appreciate that it would be strange to buy homeowner's insurance after our house has already burned down. And yet, when it comes to health coverage, many of us think that it makes perfect sense to wait until we're sick to buy health insurance. If...Read More
 
The 15 Minute Physical: Dr. Oz Showcases Power Of Electronic Health Records
5/19/2012 6:08 PM
At a taping of the Dr. Oz Show on Saturday, Dr. Mehmet Oz and 75 laptop-wielding medical students entered clinical information on 1,000 patients into an electronic health record, courtesy of Practice Fusion, a provider of free web-based EHRs. The location was 's School of Medicine. Combing for indicators of heart disease and diabetes, they .....Read More
 
What Should Congress Do after the Supreme Court Decision on Obamacare?
5/19/2012 11:24 AM
There's been a bit of a flap in the media this week about what House Republicans are planning to do regarding health care reform once the Supreme Court rules on Obamacare. But the back-and-forth leaves unanswered an important question: given all of the possible SCOTUS scenarios, what should Congress do to optimize the outcome for people with a stak...Read More
 
Car of the Week: 2013 Mercedes-Benz SL 550
5/18/2012 4:19 PM
?? The Car: 2013??Mercedes-Benz SL 550 Where I drove it: Downtown , Pasadena, and the Hollywood Hills. First Impressions: ??It was a dramatic moment when the valet pulled up in the creamy-white 2013 Mercedes-Benz SL550 ??? and I soaked it up.??Let me set the scene:??The Standard Los Angeles??valet lot is just steps away from the .....Read More
 
Obamacare Activists Prep to be 'Either Celebratory or Agitational' about Supreme Court Decision
5/18/2012 7:13 AM
BuzzFeed has obtained a three-page memo from Health Care for America Now, an umbrella group run by labor unions and MoveOn.org. The memo details how the organization and other White House allies plan to adopt alternate messages, depending on whether or not the Affordable Care Act is upheld by the Supreme Court. "Note that many of these [resources] ...Read More



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