Time to Review the Weekby Tim Manni
“We Want to Hear from Lenders!“: It’s time to hear both sides of the story. We want to hear from lenders, servicers or any other industry professionals. We want you all to write in and share your frustrations, whatever they may be.
“Should Millions of Trial Mods Be Considered a Victory?“: Continually changing HAMP’s goals and measurement of success is a bad habit that the administration should stop. HAMP was NOT designed to offer as many trial modifications as possible, it was specifically and solely designed to prevent them.
“New Sections Now Available at HSH.com“: While there has always been lots of great mortgage data available at HSH.com, now there are even more tools for homebuyers to track trends, compare loan products and find great mortgage deals.
“NEW: HSH.com’s Two-Month Forecast for Mortgage Rates“: A lot has changed since December 2009 when we wrote both our last two-month forecast and our 2010 Outlook for mortgage rates. Although delayed, we have published the latest Two-Month Forecast for Mortgage Rates.
“Mortgage Rates Fell Last Week, Future Movement Unclear“: Mortgage rates managed to ease yet again last week, despite being on the cusp of uncertainty as the Federal Reserve’s exit from the mortgage market is just two and one half weeks away.