Treasury and agency bonds had resumed relatively normal trading Thursday, but quotes for to-be-announced mortgage-backed securities were "all over the place" and users were having trouble obtaining quotes from some computer systems, according to bond market participants. The participants said Cantor Fitzgerald -- which was located on the upper floors of the World Trade Center and has been working hard to locate employees and restore operations -- was responsible for a lot of the real-time quotes they received. Market participants also reported that dealers have been swamped with calls, many of them inquiries related to the World Trade Center catastrophe.
-
Lenders and condo market stakeholders are raising concerns that new GSE rules ending limited reviews and tightening reserve requirements could raise costs and limit access.
6h ago -
Stakeholders rely on detailed, easy-to-read reports. From including cited data to using a structured format, learn how to simplify the lending reports process.
8h ago -
The national delinquency rate ticked up seven basis points to 3.72% last month, coupled with a 10-basis-point increase in prepayment speed, according to ICE.
8h ago -
The title policy and settlement statement datasets introduce digital standards that will allow the information on forms to move as data instead of documents.
11h ago -
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
March 25 -
Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
March 24









