home price: Mortgage Market News 06-09-2011 - 06/09/11 05:41 AM
Jun. 9, 2011: REIT's gaining in prominence; analyzing mortgage pools in the future; HUD's 2011 limitsRob Chrisman
"I used to be indecisive. Now I'm not so sure." But one thing that I am sure of is transparency. Sterne Agee released prepayment information, important to investors and originators alike. "Primary rates continued to their recent descent in May but lower rates alone were not enough to incent borrowers to refinance. Prepayment speeds for Conventional pools fell...Fannie collateral is now prepaying faster than Freddie." Now, I am no expert, but that last sentence was interesting. Why is Fannie faster than Freddie? I will … (0 comments)