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June 13, 2013

Originations: Fed MBS Stockpile Cuts Risk of Even Larger Rate Spike

June 13, 2013

Originations: Fed MBS Stockpile Cuts Risk of Even Larger Rate Spike

Today’s Originations linkfest, leading with a great piece by Bloomberg’s MBS guru Jody Shenn on a critical issue driving rates.

– Fed Mortgage Stockpile Seen Cushioning Pullback (Jody Shenn, Bloomberg)

– JP Morgan, BofA cut servicing jobs as late payments fall, equity rises (Kayla Tausche, CNBC)

– Corelogic: Nearly 1m homes float back into positive equity (Brena Swanson, HousingWire)

– Comparison of housing to the BP oil spill disaster (MBA head David Stevens)

– Jumbo mortgages continue to improve (Diana Olick, CNBC)

– Are higher mortgage rates impacting housing? (SoberLook)

Homebuilders vs SP500
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@davidhstevens, @SoberLook, @diana_olick, @kaylatausche, @jodyshenn, @BrenaSwansonHW

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