Tag Archive for Mortgage Bankers Association

Mortgage Bankers Association Orders Wall Street Examiner to Cease And Desist

The Mortgage Bankers Association has sent me legal notice to “demand that wallstreetexaminer.com immediately remove all WAS data (Weekly Applications Survey) data, from its systems and cease and desist from further reproduction or distribution of all MBA data, past and present, in any format.” Follow the money. Find the profits!Liquidity is money. Regardless of where…

No Truth Coming From Mortgage Bankers Ass.

Apparently the MBAss (Mortgage Bankers Association) didn’t like the fact that someone in the financial blogo-wackosphere actually had the temerity to make use of real, hard data, that they hadn’t massaged. Now, not only do they not report the actual index level of their seasonally smoothed applications indexes, the charts of the not seasonally adjusted…

Glimmers of Housing Hope In Mortgage Applications Data

Purchase mortgage applications rose 6.4% last week according to the Mortgage Bankers Association and major media outlets. As always, the media report only the seasonally adjusted data fed to them by the MBAA. Rarely should a week to week change have any seasonal effects, although last week would be an exception because the week before…

Housing Picture No Darker

The article is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Scroll to the end for the subscriber link to the complete report. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if…

Housing Time Bomb Goes Tick Tock Tick Tock

A couple of data points reported today marked a tick and a tock on the housing market clock. The Mortgage Bankers Association Mortgage Applications Index release was weak but not explosive. The FHFA (Federal Housing Finance Agency) monthly data on home sale prices was up, but meaningless. Follow the money. Find the profits!Liquidity is money. Regardless…