jamie verell goff
Direct 205.296.2323
Fax 205.877.0189

Real Estate News
Not Just the Season; MBA Predicts New Home Sales Down Sharply
Thu, 13 Dec 2018 14:58:35 GMT

Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) added a little more evidence to the pile indicating a rather rapid slow-down in the housing market. MBA's Builder Application Survey (BAS) data for November shows mortgage applications for..[read more]

MBS Day Ahead: Clear Correction May Be Finding Clear Ceiling
Thu, 13 Dec 2018 14:26:42 GMT

Posted To: MBS CommentaryThe first 3 days of this week have offered a clear correction/consolidation to the strong rally of the previous month. This had as much to do with timing and technicals as anything else. In other words, the rally brought yiel..[read more]

Books by Lenders, For Lenders; False Claims Act Rears it's Head; LO Products and Services
Thu, 13 Dec 2018 14:23:04 GMT

Posted To: Pipeline Press“Why do people pay to go up tall buildings and then put money in binoculars to look at things on the ground?” It turns out that, in terms of grabbing their pieces of ground, first-time home buyers were more active..[read more]

MBS RECAP: MBS Handily Outperform Treasuries as Consolidation Continues
Thu, 13 Dec 2018 00:02:43 GMT

Posted To: MBS CommentaryToday's trading session was far less eventful than anything else seen in the past few weeks, both in terms of movement and volume. Although Treasury yields were higher, most of the increase came in the overnight session, ..[read more]

Mortgage Rates Could Go Even Higher
Wed, 12 Dec 2018 23:24:00 GMT

Posted To: Mortgage Rate WatchMortgage rates rose more noticeably today as a part of a 3 day bounce after hitting the lowest levels in roughly 3 months at the end of last week. Whereas yesterday's increases weren't really worth mentioning, today's hu..[read more]

Lenders Looking to New Tech as Pessimism Over Profit Margins Grows
Wed, 12 Dec 2018 16:21:23 GMT

Posted To: MND NewsWireLenders continue to be pessimistic about their profit outlook as 2018 draws to an end. Fannie Mae said its fourth quarter 2018 Mortgage Lender Sentiment Survey found the profit outlook reported by respondents at an all-time sur..[read more]

MBS Day Ahead: Bonds Have Lots on Their Mind, But Beware The Bounce
Wed, 12 Dec 2018 15:16:39 GMT

Posted To: MBS CommentaryAs we begin the third day of moderate weakness in bond markets, it's safe to say that we're looking at the correction and/or consolidation that we expected to see as of the end of last week. Bonds wouldn't have ne..[read more]

Non-QM and Warehouse Products; STRATMOR Tech Insight Study
Wed, 12 Dec 2018 14:09:05 GMT

Posted To: Pipeline PressWho among us has pushed for abolishing the mortgage-interest deduction, supported getting rid of government subsidies for the 30-year fixed-rate mortgage, putting Fannie and Freddie into receivership, and supported ending the..[read more]

White House Nominates Calabria as New FHFA Chief
Wed, 12 Dec 2018 13:11:43 GMT

Posted To: MND NewsWireAlmost exactly 10 years after he helped pass the legislation that established the Federal Housing Finance Agency (FHFA), Mark Anthony Calabria has been nominated by the White House to be its director. If his nomination is confi..[read more]

Mortgage Applications: Trade Fears Drive Rates Lower, Borrowers Respond
Wed, 12 Dec 2018 13:06:08 GMT

Posted To: MND NewsWireBorrower activity continued to pick up last week as interest rates retreated to September levels and mortgage applications extended their recent winning streak. The Mortgage Bankers Association (MBA) said its Market Composite I..[read more]

MBS RECAP: Bonds Continue Circling Wagons (Nothing To Do With Shutdown News)
Tue, 11 Dec 2018 22:37:14 GMT

Posted To: MBS CommentaryGovernment shutdowns make good news. When risks of a shutdown flare up (especially with today's sort of political theater) it tends to dominate the news coverage. This creates the risk that shutdown news is perceived to i..[read more]

Mortgage Rates Flattening Out After Much-Needed Winning Streak
Tue, 11 Dec 2018 21:46:00 GMT

Posted To: Mortgage Rate WatchMortgage rates rose almost imperceptibly today, with a few lenders not showing any detectable changes from yesterday. Still, it was the first time since November 30th that rates were higher than the previous day (on aver..[read more]

September Delinquencies Mostly Unaffected by Disasters, Eased Underwriting
Tue, 11 Dec 2018 16:45:55 GMT

Posted To: MND NewsWireCoreLogic reports that mortgage delinquency rates were little changed in September. The percentage of mortgage loans that were 30 or more days delinquent and including those in the process of foreclosure declined by 0.6 percent..[read more]

CRM and Recruiting Products; December Training; Dr. Calabria and FHFA Leadership
Tue, 11 Dec 2018 14:25:50 GMT

Posted To: Pipeline PressI’m a capital markets guy. “Bespoke luxury” isn’t in my vocabulary. First-time home buyer prices and floorplans aren’t in the cards at the new Aston Martin apartment building in Miami . If you bu..[read more]

MBS Day Ahead: Bounce Risk Remains; Hoping For Pre-Fed Consolidation
Tue, 11 Dec 2018 14:19:06 GMT

Posted To: MBS CommentaryConsolidation ... That's that word we use to refer to sideways and frequently narrower trading ranges that follow a period of more directional movement (you can click on the word to go to a full definition). Consolidation..[read more]

MBS RECAP: Bonds Hit Resistance Right in Line With Last Week's Floor
Mon, 10 Dec 2018 22:44:59 GMT

Posted To: MBS CommentaryBonds struggled to find inspiration for the first few hours of the domestic session, but it was soon in ample supply thanks to Brexit-related headlines ( like this one ). The result was a broad-based risk-off move that saw bo..[read more]

Mortgage Rate Rally May Be Pausing
Mon, 10 Dec 2018 21:57:00 GMT

Posted To: Mortgage Rate WatchFirst things first: the average mortgage lender improved modestly today, compared to last Friday's levels. This leaves mortgage rates at their lowest levels in several months. That's great news and indeed, the last few w..[read more]

A Gift From Fannie/Freddie - Evictions Suspended for the Holidays
Mon, 10 Dec 2018 18:23:56 GMT

Posted To: MND NewsWireBoth Freddie Mac and Fannie Mae have announced the suspension of eviction lockouts for single-family and two- to four-unit properties for the holiday season. The moratorium will begin December 17 and end January 2. Fannie Mae s..[read more]

Black Knight and the Case of the Disappearing Equity
Mon, 10 Dec 2018 17:25:55 GMT

Posted To: MND NewsWireWe know that home price growth is slowing , and cash-out refinancing has been coming back, still it is a bit of a stunner to find that homeowner equity actually declined in the third quarter of this year. Black Knight's current..[read more]

NAHB Says Second Homes Aren't Just Vacation Destinations
Mon, 10 Dec 2018 16:14:34 GMT

Posted To: MND NewsWireThe stereotype of a second home usually involves a tropical beach, a boat dock on a lake, or skiers whizzing past a picture window, but the National Association of Home Builders (NAHB) says that is not reality. Or at least not ..[read more]

Broker and Front-End Products, Subservicer Webinar; Rates Watching Overseas' Markets
Mon, 10 Dec 2018 14:08:02 GMT

Posted To: Pipeline PressThe focus is on the holidays but there is plenty of 2019 wedding planning occurring. Despite that, according to the U.S. Census Bureau, adults are increasingly delaying saying, “I Do” as the median age at first ma..[read more]

MBS Day Ahead: How We Guard Our Newfound Gains
Mon, 10 Dec 2018 13:01:18 GMT

Posted To: MBS CommentaryWe've had an impressive winning streak recently and have acquired gains worthy of a watchful, protective eye. Will this be a durable rally or a fleeting victory? That question can't be answered without seeing how econ..[read more]

MBS RECAP: Bonds Think it Over After NFP, Then Finally Decide to Rally
Fri, 07 Dec 2018 21:23:26 GMT

Posted To: MBS CommentaryThis morning's trading--both before and after NFP came out--basically acted as additional time for debate . Both MBS and Treasuries bounced quickly, but symmetrically around yesterday's closing levels before finally c..[read more]

Mortgage Rates Lowest Since September After Jobs Report
Fri, 07 Dec 2018 20:55:00 GMT

Posted To: Mortgage Rate WatchMortgage rates held on to their recent improvements today after the important Employment Situation (the big "jobs report") showed November job creation was lower than expected. In general, weaker job creation is good for..[read more]

New Fannie/Freddie Requirements May Penalize High-Risk Borrowers
Fri, 07 Dec 2018 18:24:50 GMT

Posted To: MND NewsWireThree researchers from the Urban Institute (UI) recently analyzed the new capital standards rule proposed by the Federal Housing Finance Agency (FHFA) for Fannie Mae and Freddie Mac (the GSEs.) The proposed rule includes two al..[read more]

 © 2018 Agent Image All rights reserved. | Terms | Sitemap Design by Agent Image - Real Estate Web Site Design