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Mortgage and Lending - Watermark Capital - NMLS #311662

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2013 

This morning's economic data had little impact on trading.  Weekly Initial Jobless Claims fell by 10K in the latest week to 316K, below the 330K expected.  It was the lowest number since the week ended September 28, but seasonal factors during the holiday season could cause the numbers to bounce ...
11/27/2013
San Diego County’s share of distressed sales increased slightly in October from September, but was still down from October of last year, according to the California Association of Realtors (CAR). The combined share of all distressed property sales increased to 5 percent in October from 4 percent ...
11/26/2013
Current Price of FNMA 4.0% Bond: $104.62, +9bp Today’s Rate - FHA 203(k) – 3.750% (0.554) 5.250% (7.307)Today’s Rate - HECM Fixed – 4.750% (5.750) 5.180% (8.000)Today’s Rate - Stated Income – 5/1 ARM – 4.750% (0.000)Call Today For A Free User ID To Access Our Daily Pricing Mortgage Bonds start th...
11/25/2013
Mortgage giant Fannie Mae earned $8.7 billion in the July through September period, its seventh straight profitable quarter. The government-controlled company will have nearly repaid in full its taxpayer bailout of five years ago, after paying its third-quarter dividend.   Fannie said Thursday it...
11/06/2013
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