Archive for July, 2012

Breakdown of CFPB’s 23,800 Mortgage Complaints

CHARTS. The biggest mortgage complaint volume is focused on foreclosures, loan modifications, and escrow accounts.

Snapshot of July 30 – August 3 Market Week

Highlights: FOMC meeting, Home Prices, ISM Manufacturing, Jobs Report, earnings

Friday Funk: You Don’t Know – Galactic

Get your cool back for the weekend with this funky message of career and market fortitude.

Mortgage Rates: Week Ended July 27

Rates in 3 tiers: loans to $417k, to $625k, to $2m

GDP weak but seen as ok. Rates rise more.

Rates up today as MBS selloff gains steam into afternoon. Also a GDP CHART 2008-PRESENT.

Why Rates Could Rise if QE3 is Announced

Merrill’s outlook for Fed guidance and QE3: a signal rates could rise a bit near term.

Why Matt Miller’s Song of the Day on Bloomberg Is So Addictive

Matt Miller proves daily that financial news can be entertaining AND credible at the same time.

Pending Home Sales Down But Not Out. Rates Up.

Today’s rate briefing and a rundown of pending home sales, jobless claims, durable goods orders.

Originations: Home Price Bottom or Bubble?

Originations linkfest: lots of good housing stories past few days.

3-Year Old Comments Explain Why Apple Will Be Just Fine

Toddlers and seniors can use Apple products without help. That’s more than their competitors can say.

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