Nationwide Mortgage Lending Group, Inc.
A nationwide home mortgage loan company that offers affordable new home mortgage and mortgage refinance loans, both conventional and FHA loans at the lowest rates and fees you will find anywhere.
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We are a nationwide home mortgage loan company. Whether you are purchasing a new home or simply looking to lower your current mortgage payment call Nationwide Mortgage Lending Group and let one of our loan specialists give you a quote. We can assist with your mortgage loan needs even if you have bad credit or slow credit. Nationwide Morgage Lending Group can get you the affordable loan you need with both low rates and low closing costs.
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We offer you the competitive rates and service you deserve. Whether you're a first time home buyer or are refinancing - we will find you the best rate and program for your situation. Apply online today for a no-cost, no-obligation pre-qualification!
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PurchaseWhether you are buying your first home or trading up to a larger home, Nationwide Mortgage Lending Group will work to get the best home loan solution for you. We offer products for new home purchases as well as, second, vacation, and investment properties.
RefinanceNationwide Mortgage Lending Group offers home mortgage refinance loans for debt consolidation or accessing cash from the equity which you may have in your home. Refinance loans can help for lower monthly payments, home improvements and more. Call Nationwide Mortgage Lending Group today.
Home EquityHome Equity Loans (also known as HELOCs) are a good affordable solution for getting cash out of available equity in your home. This equity could be used for any purpose such as consolidate debt, college tuition, making home improvements, or unexpected expenses. Call for more information and find out how a Home Equity Loan can be the right answer for you.
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 Mortgage News Daily
MBS CLOSE: Tumultuous Week Sees MBS Gain, Tsy's Lose - 15 hours ago
Posted To: MBS CommentaryIn a week that promised to be eventful, MBS played the volatility role with the rest of the market, but left it's benchmark's in the dust when all was said and done. The measure of the secondary MBS market that takes into consideration the prepayment speed weighted yields as well as the production mix of MBS volume and expresses that notional yield at parity fell to 4.258 (that's secondary market current coupon, btw...). With the 10yr yield ringing the 3.5 bell right on the nose, that brought spreads between MBS and Tsy's to an eye-wateringly tight 75.9bps! They started the week at an already tight 87.9bps... Though I could try, I'm not sure there's much I could do to convey just how tight these spreads are... Well, I guess a chart might do... This is the current coupon...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS AFTERNOON: Like It Never Happened... - 18 hours ago
Posted To: MBS CommentaryIn breaking news, it has been determined that today's NFP report was all an elaborate hoax that was never intended to have any effect on the markets beyond today. Or at least that's how the headline could read at the top of the list of "things that would not surprise us." What do I mean? Nothing more than this: After all the sturm and drang of AM volatility, the market continues in the exact same direction suggested by it's previous trends, which would have been for a reversal at 3.56 (yesterday) and a continuation of the rally into today depositing us somewhere in the neighborhood of 3.5... For MBS, just an extension of previous trends as well (yesterday we warned against perceiving the rally in MBS as an indication of reversing downtrends from the beginning of the week...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Obama Signs Home Buyer Tax Credit Extension. Will It Be Effective? - 20 hours ago
Posted To: MND NewsWireIt is finally official. The homebuyers' tax credit has been extended to April 30, 2010. President Barack Obama approved the extension as part of a $24 billion economic stimulus bill signed Friday. The bill also includes an extension of unemployment benefits to the longtime jobless and tax credits for some businesses. The housing tax credit portion of the bill extends the $8,000 tax credit for home buyers who are purchasing their first home from the current November 30 deadline and expands the program to offer a credit of $6,500 to other homeowners who have lived in their current home for at least five years and are seeking to relocate. Another modification to the original legislation raises the income limits for program participation from $75,000 for a single purchaser to $125,000 and from...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Fannie Mae Posts 3Q Loss; Asks Treasury for More Money - 21 hours ago
Posted To: MND NewsWireCiting 22.0 billion of credit-related expenses, Fannie Mae Thursday night announced it lost a net $18.9 billion in the third quarter of 2009. Losses in the second quarter totaled $14.8 billion and $30 billion in the third quarter of 2009. The third quarter loss resulted in a net deficit of $15 billion as of September 30 and prompted the Acting Director of the Federal Housing Finance Agency (FHFA) to request an additional infusion of that amount from the Department of the Treasury. FHFA has asked that the $15 million be made available by December 31. The loss on a per share basis was $3.47, a substantial increase from the $2.67 loss posted last quarter, but a vast improvement over the $13 per share loss during the third quarter of 2008. Fannie reported net revenues of $5.95 billion in the third...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS MORNING: MBS Settling Into The Green Groove - 22 hours ago
Posted To: MBS CommentaryWe'd expect the wake of a much-anticipated NFP print to be volatile... That assumption isn't really a big leap of faith for most market watchers, and indeed that's what we're seeing. But as the volatility decreases, we're seeing suggestions of both stability and correction. Traders are preparing to cash in... So should you... Let's discuss the chart for a moment... Generally, today is a green one for MBS. I wouldn't even pay much mind to the outlying levels following NFP as those are merely the more violent death throws of the volatility that almost always peaks and begins to wane on the printing of this report. 101-00 looks reasonably supportive in a technical sense, and of course it always carries the "round number" psychological impact as well. Even...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
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