Entries from October 2011

Learning to Play the HARP

October 31st, 2011 · No Comments

  Commentary: Jonathan Foxx President and Managing Director   A week ago the Obama Administration announced revisions to the Home Affordable Refinance Program (HARP).   Better late than never! Actually, coming three years belatedly, a change to HARP may bring some relief to homeowners and the [...]

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Tags: Mortgage Market

Mortgages and Housing: SPOC, Median Price Drop, Bigger Down Payments, Rep. Scott Garrett, Euro Mortgage risk Weights, Loan Limit Battle, Fannie, Freddie Bailout Costs

October 31st, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— (really interesting) How Single Point Of Contact Will Transform The Mortgage Industry – BY CHRIS CARLISLE – … Shifting from a pooled resource platform to a SPOC model could cost servicers billions of dollars in additional staff and technology. .. .Staffing up. [...]

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Tags: Mortgage Market

More on HARP 2: HARP2 17%, Winners & Losers, Rep and Warranty Waiver, Sell the Properties, Debt-Serfdom, Loan Owner Bailout, Harebrained?, Big 4 Buy-In, Buying Votes

October 30th, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— RBS: HARP 2.0 allows just 17% of GSE mortgages to refinance – by KERRI PANCHUK – Housingwire ———— Refi plan: If homeowners win, someone else loses – Kathleen Pender – The government’s new plan to let more [...]

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Tags: Mortgage Market

Mortgages and Housing: PIMCO Says Cheap, Genworth, Brian Sack, Inflated Trifecta, Bevilacqua Ruling, Real House Prices

October 30th, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— Pimco Says Mortgage Bonds Cheap After Slump on Obama Plan – By Jody Shenn – (Bloomberg) – Pacific Investment Management Co. says investors should buy Fannie Mae and Freddie Mac mortgage- backed securities that slumped in response to planned changes to the [...]

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Tags: Mortgage Market