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
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