mortgage backed securities

Real Test of Real Estate Recovery Starts Now

by Ryan Hinricher | May 17, 2010

Has the tax credit expiring affected your real estate business? Being a fulltime investor requires doing multiple transaction types. And for many investors that includes retail flips. When the tax credit extended many investors (myself included) placed some bets on the owner occupants buying at the second run up to expiration. This played out exactly [...]

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Mortgages & Lending

Federal Mortgage Intervention Ending By End Of Month!

by Charles Feldman | March 17, 2010

All good things must come to an end; especially when that good thing may or may not have been that good to begin with. I’m talking, of course, about the Federal Reserve’s affirmation this week that it plans to go ahead and stop buying mortgage-backed securities by the end of this month. These purchases are [...]

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Economy

When the Fed Stops Buying MBS, How Will Rates Be Affected?

by Ryan Hinricher | March 15, 2010

The Federal Reserve’s purchase of Mortgage Backed Securities (MBS) is scheduled to end on March 31st. A few weeks ago I wrote that there was some talk of extending this program. It seems as though most signs are pointing to the market stepping in and taking the place of the Fed in these purchases. The [...]

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Economy

NAR Chief Economist Comments on Housing

by Ryan Hinricher | March 8, 2010

Realtor Magazine recently interviewed NAR Chief Economist, Lawrence Yun. Lawrence gave a glimpse into the recent decline in Pending Homes Sales, impact of weather on the real estate market, new home sales, and the ending of Mortgage Backed Security purchases by the Fed. Here’s a recap of the interview. On Pending Home Sales January’s Pending [...]

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Mortgages & Lending

Fed Leaving Door Open to Extend Mortgage Backed Security Purchases

by Ryan Hinricher | February 8, 2010

I’ve been curious lately about the end of the Mortgage Backed Security (MBS) purchases by the Federal Reserve in March. The Fed is planning to end the program in less than 60 days on March 31st. Currently they stand at about 94% having purchased 1.17 trillion of the 1.25 trillion allocated to purchase these securities. [...]

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Economy

Last Week’s Ugly Economic News Reveals Bright Spots

by Ryan Hinricher | February 1, 2010

Last week, a media storm took place with the large drop in existing home sales. The drop of 16% seemed to shock everyone who was predicting only a 10% decline after the expiration of the initial home-buyer tax credit. Right after this, the numbers came out on new home sales, which painted an even bleaker [...]

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Mortgages & Lending

The State of Lending: Trader Uncertainty Anyone?

by Steve Heideman | October 27, 2008

The Chinese have a saying: “May you live in interesting times”. Well, I don’t think there are many people out there who think that things have been boring lately. In the last weeks, mortgage markets whipsawed as the Dow Jones Industrial Average recorded both its largest one-day point gain and second-largest one-day point loss in [...]

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