US Treasurys rise as Greek turmoil resurfaces

Posted December 29, 2014 / No comments

U.S. government debt prices moved higher on Monday, as Greek bond yields spiked over 9 percent and stocks plummeted after a snap election was called….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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Lenders mitigate risk with post-close automation

Posted December 29, 2014 / No comments

The beauty of a data is it allows for process improvement. One problem that plagues any manual process is that feedback tends to be anecdotal. A data-driven process allows you to identify common errors made at the closing table and rectify them by modifying documents and training your vendors.  Source: Housing Wire

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Treasury Curve Flattens Most Since '05 as Fed Prepares Rate Rise – Bloomberg

Posted December 29, 2014 / No comments

Treasury Curve Flattens Most Since '05 as Fed Prepares Rate Rise Bloomberg Ten-year Treasuries have outperformed two-year notes this year by the most since 2005 as the Federal Reserve prepares to raise interest rates from a record amid low inflation. The yield on 10-year securities has fallen 78 basis points in 2014 to 2.25 percent …

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Japan Unveils $29 Billion Stimulus Package

Posted December 29, 2014 / No comments

Analysts were skeptical about how much the spending, which avoided issuing fresh debt and included subsidies, merchandise vouchers and lower mortgage rates, could spur growth….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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10 real estate markets most searched in 2014

Posted December 27, 2014 / No comments

Realtor.com combed through its data over the past year to compile a list of the neighborhoods that were most searched for by visitors to its website. Here they are….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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Credit Suisse denied lawsuit dismissal

Posted December 27, 2014 / No comments

A judge denied Credit Suisse's proposal to dismiss a lawsuit accusing the banking giant of fraud in selling mortgage-backed securities. USA Today reports….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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