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1. Improvement Seen in Mortgage Market -Average 30-year 4.97% | MortgageDaily.com Fixed mortgage rates fell, loan applications rose and the jumbo spread narrowed. But the ... Inc. But the 30-year jumbo rate fell to 5.750 ... 6.000%, tightening the jumbo spread to 88 BPS www.mortgagedaily.com/RefiRates030410.asp 2. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended March 3, 2010 |... National Average Jumbo Loan Amount $642,825 Top 3 States state $1,033,172 WI $1,015,000 NV $1,003,000 AL Bottom 3 States state $446,000 NE $465,000 RI $469,095 MS National Rate- www.mortgagedaily.com/MortgageMarketIndex030310.asp 3. Net Branch Update - Recent net branch activity | MortgageDaily.com Northeast to join its retail branch network. The six-year-old company's offerings include FHA, agency and jumbo programs, and it is reportedly authorized to operate in 19 states www.mortgagedaily.com/NetBranch030110.asp 4. Rates Worse But New Activity Better - Average 30-year 5.05% | MortgageDaily.com The 30-year jumbo rate was also unmoved at 6.000%. The index reflected 135,397 total pricing inquiries for the latest week. In its February housing forecast, Fannie Mae predicted www.mortgagedaily.com/RefiRates022510.asp 5. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Feb. 24, 2010 |... National Average Jumbo Loan Amount $640,311 Top 3 States state $1,240,000 WI $981,469 RI $877,250 KY Bottom 3 States state $512,598 PA $518,041 OH $539,500 ID National Rate-Term www.mortgagedaily.com/MortgageMarketIndex022410.asp 6. Negative Jumbo Ratings Actions Persist - Recent ratings actions on jumbo RMBS... Service downgraded thousands of classes from similar vintages of jumbo residential mortgage- ... 000 tranches of jumbo RMBS have seen ... from 354 prime jumbo transactions issued between www.mortgagedaily.com/RatingsJumbo022210.asp 7. Refi Share to Plunge - Average 30-year 4.93% | MortgageDaily.com The jumbo mortgage spread, however, worsened. Mortgage ... Mortech Inc. But the 30-year jumbo rate rose to 6.000% from ... 750% last week, pushing the jumbo spread to 1.125% over www.mortgagedaily.com/Refirates021810.asp 8. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Feb. 17, 2010 |... National Average Jumbo Loan Amount $643,379 Top 3 States state $1,196,400 NV $1,100,000 VT $991,000 ME Bottom 3 States state $459,309 NE $466,143 MS $519,741 AR National Rate-Term www.mortgagedaily.com/MortgageMarketIndex021710.asp 9. Activity Higher, Rates Fall But Heading Higher - Average 30-year 4.97... The spread on jumbo mortgages, meanwhile, improved. The average 30- ... during the week. But the 30-year jumbo declined to 5.75% from 6.00%, reducing the jumbo spread to 88 BPS from the www.mortgagedaily.com/RefiRates021110.asp 10. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Feb. 10, 2010 |... National Average Jumbo Loan Amount $637,678 Top 3 States state $1,750,000 AL $1,124,180 IN $880,000 KY Bottom 3 States state $443,200 ME $490,000 WY $490,750 NE National Rate-Term www.mortgagedaily.com/MortgageMarketIndex021010.asp 11. Further Deterioration in Jumbo Performance - Jumbo RMBS delinquency 9.6... The latest report predicts that the level of jumbo delinquency will soon ... days on securitized prime jumbo loans rose for the ... noted that prime jumbo delinquency nearly tripled www.mortgagedaily.com/DelinquencyJumbo020810.asp 12. Mortgage Activity Falls as 10-Year Yield Down - Average 30-year 5.01... The 30-year jumbo was also unchanged, at 6.000%. In the Mortgage Bankers Association's survey of mortgage bankers, commercial banks and thrifts for the week ended Jan. 29, the www.mortgagedaily.com/RefiRates020410.asp 13. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Feb. 3, 2010 | ... National Average Jumbo Loan Amount $657,700 Top 3 States state $1,044,389 NM $999,167 ME $835,941 IN Bottom 3 States state $450,000 KY $500,000 VT $505,500 NE National Rate-Term www.mortgagedaily.com/MortgageMarketIndex020310.asp 14. Jumbo Leads Overall Lates Higher - 13.3% December delinquency | MortgageDaily.com Coverage of servicing lawsuits and loan servicing technology. Jumbo Leads Overall ... Declining performance on jumbo prime mortgages led ... current headlines Jumbo Mortgage News www.mortgagedaily.com/Delinquency020310.asp 15. Non-Conforming Performance Seriously Bad - Serious delinquency on 2005 to 2008... The report indicated that delinquency on jumbo residential mortgage-backed securities issued between ... given the strong credit profiles of jumbo borrowers and the low loan-to- www.mortgagedaily.com/DelinquencyTypes012910.asp 16. Mortgage Market Gains Strength - Average 30-year fixed-rate 4.98% | MortgageDaily.... The spread between jumbo mortgages and conventional loans, ... 532 inquiries. The 30-year jumbo rate rose, however, to 6 ... 750% last week -- pushing the jumbo spread to 1.125% from www.mortgagedaily.com/RefiRates012810.asp 17. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Jan. 27, 2010 |... States state $128,852.40 NE $135,301.82 MS $138,783.96 AR National Average Jumbo Loan Amount $659,790.97 Top 3 States state $1,750,000.00 AL $1,284,077.46 SC $1,041,666.67 MT www.mortgagedaily.com/MortgageMarketIndex012710.asp 18. Secondary Marketing Transactions - Recent secondary mortgage transactions... Thornburg was a big originator and servicer of jumbo mortgages until secondary mortgage markets began freezing up in August 2007 -- forcing the Santa Fe, N.M.-based company to www.mortgagedaily.com/Secondary012610.asp 19. California Firm Launches Wholesale Operation - New American launching unit Monday ... The nine-year-old firm said it plans to initially roll out its conventional, FHA and jumbo offerings in California. "We hope to sign up as many brokers as we can," the spokeswoman www.mortgagedaily.com/NewAmerican012210.asp 20. 10-Year Yield Sinks as Obama Restricts Banks - Average 30-year fixed-rated... The 30-year jumbo rate was 5.75%, falling from 6.00% a week before. ... 751 was the lowest of any state. The average U.S. jumbo loan amount declined to $659,348 from $676,182 in the www.mortgagedaily.com/RefiRates012110.asp 21. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Jan. 20, 2010 |... States state $93,063.24 MS $112,311.37 NV $141,343.62 NE National Average Jumbo Loan Amount $659,348.22 Top 3 States state $1,096,814.81 NV $1,083,410.71 AL $1,014,794.90 IN www.mortgagedaily.com/MortgageMarketIndex012010.asp 22. Improvement in Mortgage Market - Average 30-year 5.06% | MortgageDaily.com Massachusetts was $268,657. The lowest average loan amount was $131,075 in North Dakota. The average U.S. jumbo loan amount rose to $676,182 from $659,853 in the prior Mortech- www.mortgagedaily.com/RefiRates011410.asp 23. Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended Jan. 13, 2010 |... States state $135,999.46 WV $138,506.15 IA $141,916.35 NE National Average Jumbo Loan Amount $676,181.92 Top 3 States state $918,907.41 IN $899,268.52 AZ $880,623.63 NH Bottom 3 www.mortgagedaily.com/MortgageMarketIndex011310.asp 24. Jumbo Performance Sinks - December delinquency 9.2% | MortgageDaily.com Delinquency on loans backing prime jumbo issuances has nearly ... Late payments on securitized jumbo loans to borrowers with ... where 44 percent of jumbo loans are located, delinquency www.mortgagedaily.com/DelinquencyJumbo011210.asp 25. First Bank Failure of 2010 - Recent closings of mortgage-related companies... Mortgage Inc. was a big jumbo lender that was unable to stay in business following the collapse of the secondary market for nonconforming loans. Thornburg, based in Santa Fe, N.M www.mortgagedaily.com/Closings011110.asp
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