The August Group Inc. is your source for dependable Real Estate Appraisals in Saint Louis City and the following counties in Missouri; St. Louis, Franklin, Jefferson, Warren, Lincoln, St. Charles and St. Francois.Whether it's an older home or luxurious new construction, Jeffrey Noyes' experience and hours of study as licensed appraiser make him qualified to provide home valuations in Saint Louis City, St. Louis, Franklin, Jefferson, Warren, Lincoln, St. Charles and St. Francois County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers.
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| MBS RECAP: Big Victory This Week (In Response To Last Week"s Big Loss) | ||
| 1/15/2021 3:42 PM | ||
| Posted To: MBS CommentaryBig Victory This Week (In Response To Last Week's Big Loss) Relative to the spectrum of possibilities, ending the week with 10yr Treasury yields under 1.1% is a big victory. Of course that wouldn't have been the case before last week, but everything's relative in the bo...Read More | ||
| The Real Story Behind The Past 2 Weeks of Mortgage Rate Volatility | ||
| 1/15/2021 3:41 PM | ||
| Posted To: Mortgage Rate WatchIt was easy to get lulled into complacency by the second half of 2020 when it came to mortgage rates. Even as other indicators said rates should be rising, they continued on a calm journey to multiple record lows. 2021 has been very different so far! Covid and its impacts on the ec...Read More | ||
| Improvements in Forbearance Continue to Slow | ||
| 1/15/2021 9:34 AM | ||
| Posted To: MND NewsWireA decline in the number of forborne loans in those portfolios serviced for banks and private label securities (PLS) accounted for most of the modest downturn in overall numbers last week. Black Knight said the number of active plans dropped by 9,000 loans or 0.3 percent compared to the previous wee...Read More | ||
| Freddie Sees Mortgage Originations Contracting Nearly 20% in 2021 | ||
| 1/15/2021 9:19 AM | ||
| Posted To: MND NewsWireFreddie Mac"s first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisions. The company"s economists say that nearly a year after the first cases of COVID-19 were diagnosed in the U.S., economic growth remains uncertain,...Read More | ||
| Post-2008 Standardized Practices Have Helped Manage Forbearances | ||
| 1/15/2021 9:17 AM | ||
| Posted To: MND NewsWireFannie Mae said that the standardization of servicing standards that followed the 2008 housing crisis appears to have helped the industry manage the recent flood of COVID-19 forbearance plans. The company included a series of questions about forbearance management in its September Lender Sentiment ...Read More | ||
| Retail, Ops Jobs; Appraisal, Non-QM, Jumbo, DPA Products; Industry Weighs in on Good Freddie/Fannie News | ||
| 1/15/2021 9:02 AM | ||
| Posted To: Pipeline PressAs Flagstar’s Marcus L. points out, “1999 doesn"t sound like that long ago until you realize that people with a birth year starting with ‘2’ are starting to be old enough to legally drink.” And plenty of them have student debt, the forgi...Read More | ||
| MBS Day Ahead: Bonds Not Threatened By Stimulus; Consolidation Continues | ||
| 1/15/2021 8:27 AM | ||
| Posted To: MBS CommentaryAfter the GA senate elections, the bond market immediately knew it needed to prepare for additional stimulus, even if moderate democratic voices might serve to limit the size and scope. We hazarded a guess that this was worth 10yr yields rising 25bps, roughly and finding support ar...Read More | ||
| MBS RECAP: Bonds Playing it Extra Safe Ahead of Biden"s Stimulus Details | ||
| 1/14/2021 3:03 PM | ||
| Posted To: MBS CommentaryBonds Playing it Extra Safe Ahead of Biden's Stimulus Details As we discussed yesterday, the strong mid-week rally suggested a good amount of short covering was behind the move. This merely means traders who bet on rising rates were finally cashing in. It doesn't mean there...Read More | ||
| MBS Day Ahead: Waiting On Stimulus Details, Shrugging Off Early Reports of $2 Trillion | ||
| 1/14/2021 8:48 AM | ||
| Posted To: MBS CommentaryA few hours after markets closed yesterday, news began coming out regarding a Biden aide mentioning tonight's stimulus proposal would be in the $2 trillion neighborhood. That's quite a bit more than the $1.3 trillion that had been making the rounds a few hours prior (the sa...Read More | ||
| Warehouse, Sales Jobs; Digital, AMC, Pricing Tools; Comp Survey; Cap. Markets, Broker Products | ||
| 1/14/2021 8:20 AM | ||
| Posted To: Pipeline PressWith the money I’m saving on “Dry January,” I was able to buy some great edibles at the dispensary yesterday. “Come on, come on, listen to the money talk” sang AC DC. Wells Fargo’s stock price is up 60 percent since late Halloween&...Read More | ||