Christine Curl, Managing Broker
Direct #: 303-884-3466
E-mail: curlcountry@cs.com

Pamela L. Edens, Broker
Direct #: 303-378-1096
E-mail: pam.edens1@gmail.com

Colorado Tenderfoot
Properties II, Inc

(303) 732-1115
100 S. Main St.

Real Estate News
A Positive Housing Report? November Residential Construction Changes Course
Tue, 18 Dec 2018 15:27:27 GMT

Posted To: MND NewsWireResidential construction performed an abrupt and unexpected about face in October. Permits, housing starts, and completions all improved on a month-over-month basis and, except for completions, they were not token increases. Th..[read more]

MBS Day Ahead: Bonds Running Into Same Rate Floor Ahead of Fed
Tue, 18 Dec 2018 14:58:22 GMT

Posted To: MBS CommentaryFed day tomorrow! We'll finally get to see what's what with respect to recent speculation and a factual shift in tone from several Fed members (including Powell). But we have a day and a half of trading to get through..[read more]

Banks Buying Lenders and Other Banks, Report on Merger Activity; Capital Markets Update
Tue, 18 Dec 2018 14:10:00 GMT

Posted To: Pipeline Press“Rob, I’m no stranger to bribes.” (I am not going to say which mortgage banking production manager jokingly made that tongue-in-cheek statement.) We trust that Fed officials are not subject to bribes or poli..[read more]

MBS RECAP: Stock Sell-Off Makes Strong Case For Bond Consolidation
Mon, 17 Dec 2018 22:46:53 GMT

Posted To: MBS CommentaryJust when you thought we might be done talking about "consolidations," there's that word again! I'd suggested on Friday that the modest bond market gains helped to confirm a consolidation as opposed to a correction, w..[read more]

Mortgage Rates Little-Changed Despite Market Gains
Mon, 17 Dec 2018 21:55:00 GMT

Posted To: Mortgage Rate WatchMortgage rates were fairly flat yet again today. Unlike Friday, today's market movement made a case for a bit of a drop. "Market gains" mean different things when talking about bonds/rates (as opposed to stocks). In toda..[read more]

Builder Confidence: Lower Rates Helping With Affordability Concerns
Mon, 17 Dec 2018 15:47:39 GMT

Posted To: MND NewsWireThe National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) is flirting with the danger zone. Although stressing that the index remains in positive territory, NAHB said its measure of home builder co..[read more]

MBS Week Ahead: Fed Week Is Here. Let's Looks at Possibilities
Mon, 17 Dec 2018 14:37:10 GMT

Posted To: MBS CommentaryMore than anything else over the past 3 weeks, a shift in tone among Fed speakers has been at the heart of the year's best bond market rally. Seemingly overnight, the average Fed member went from saying things like "3 mor..[read more]

MBS RECAP: Bonds Ignore Econ Data in Favor of Next Week's Fed Events
Fri, 14 Dec 2018 22:44:08 GMT

Posted To: MBS CommentaryBonds began the day in modestly stronger territory. While they spend a small amount of the day trading a small distance away from those opening levels, that time and distance was never big enough to cause any concern. In shor..[read more]

Mortgage Rates Preserve Most of Last Week's Gains
Fri, 14 Dec 2018 22:25:00 GMT

Posted To: Mortgage Rate WatchMortgage rates didn't move much today, and that's arguably a good thing. When the week began, we discussed the need for rates to cool-off after last week's rapid drop. Doing so would improve our chances of seeing recentl..[read more]

Housing Forecasts Are Getting More Consistent
Fri, 14 Dec 2018 16:04:00 GMT

Posted To: MND NewsWireConsistency can be boring, but in crazy times it can also be reassuring, even comforting. While they differ on the specifics, economists, at least those in the housing industry, seem to be coming together with much the same out..[read more]

MBS Day Ahead: This Would Show That Bonds Are Serious About Considering Even More Gains
Fri, 14 Dec 2018 14:24:31 GMT

Posted To: MBS CommentaryIf you've truly come to an appreciation of the gravity of bonds' big picture headwinds over the past 2 years, then the past 5 weeks may feel like a stroke of luck so good that it has to change any day now. More than a..[read more]

Compliance and Documentation Products; Loan Limit Changes in the Primary Markets
Fri, 14 Dec 2018 14:02:23 GMT

Posted To: Pipeline PressLots of folks in the mortgage biz like statistics and odds. They may not remember them, but they like them. (As Marcus L. writes, “People still play the lottery even though most of us can't get the USB in the first time..[read more]

MBS RECAP: Bonds Continue Calming Before Next Storm
Fri, 14 Dec 2018 00:12:37 GMT

Posted To: MBS CommentaryWhether or not next week's Fed announcement proves to bring a winter storm for bond markets remains to be seen. That said, if anything is going to do the trick, that's the best chance we have. Between now and then, bo..[read more]

Mortgage Rates Edge Back Down Toward Long-Term Lows
Thu, 13 Dec 2018 19:59:00 GMT

Posted To: Mortgage Rate WatchMortgage rates fell moderately today, helping them move part of the way back down toward their lowest levels in more than 3 months (seen back on Friday). The average lender continues quoting rates that are roughly 3/8ths..[read more]

Not Just the Season; MBA Predicts New Home Sales Down Sharply
Thu, 13 Dec 2018 14:58:35 GMT

Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) added a little more evidence to the pile indicating a rather rapid slow-down in the housing market. MBA's Builder Application Survey (BAS) data for November shows mortgage applications for..[read more]

MBS Day Ahead: Clear Correction May Be Finding Clear Ceiling
Thu, 13 Dec 2018 14:26:42 GMT

Posted To: MBS CommentaryThe first 3 days of this week have offered a clear correction/consolidation to the strong rally of the previous month. This had as much to do with timing and technicals as anything else. In other words, the rally brought yiel..[read more]

Books by Lenders, For Lenders; False Claims Act Rears it's Head; LO Products and Services
Thu, 13 Dec 2018 14:23:04 GMT

Posted To: Pipeline Press“Why do people pay to go up tall buildings and then put money in binoculars to look at things on the ground?” It turns out that, in terms of grabbing their pieces of ground, first-time home buyers were more active..[read more]

MBS RECAP: MBS Handily Outperform Treasuries as Consolidation Continues
Thu, 13 Dec 2018 00:02:43 GMT

Posted To: MBS CommentaryToday's trading session was far less eventful than anything else seen in the past few weeks, both in terms of movement and volume. Although Treasury yields were higher, most of the increase came in the overnight session, ..[read more]

Mortgage Rates Could Go Even Higher
Wed, 12 Dec 2018 23:24:00 GMT

Posted To: Mortgage Rate WatchMortgage rates rose more noticeably today as a part of a 3 day bounce after hitting the lowest levels in roughly 3 months at the end of last week. Whereas yesterday's increases weren't really worth mentioning, today's hu..[read more]

Lenders Looking to New Tech as Pessimism Over Profit Margins Grows
Wed, 12 Dec 2018 16:21:23 GMT

Posted To: MND NewsWireLenders continue to be pessimistic about their profit outlook as 2018 draws to an end. Fannie Mae said its fourth quarter 2018 Mortgage Lender Sentiment Survey found the profit outlook reported by respondents at an all-time sur..[read more]

MBS Day Ahead: Bonds Have Lots on Their Mind, But Beware The Bounce
Wed, 12 Dec 2018 15:16:39 GMT

Posted To: MBS CommentaryAs we begin the third day of moderate weakness in bond markets, it's safe to say that we're looking at the correction and/or consolidation that we expected to see as of the end of last week. Bonds wouldn't have ne..[read more]

Non-QM and Warehouse Products; STRATMOR Tech Insight Study
Wed, 12 Dec 2018 14:09:05 GMT

Posted To: Pipeline PressWho among us has pushed for abolishing the mortgage-interest deduction, supported getting rid of government subsidies for the 30-year fixed-rate mortgage, putting Fannie and Freddie into receivership, and supported ending the..[read more]

White House Nominates Calabria as New FHFA Chief
Wed, 12 Dec 2018 13:11:43 GMT

Posted To: MND NewsWireAlmost exactly 10 years after he helped pass the legislation that established the Federal Housing Finance Agency (FHFA), Mark Anthony Calabria has been nominated by the White House to be its director. If his nomination is confi..[read more]

Mortgage Applications: Trade Fears Drive Rates Lower, Borrowers Respond
Wed, 12 Dec 2018 13:06:08 GMT

Posted To: MND NewsWireBorrower activity continued to pick up last week as interest rates retreated to September levels and mortgage applications extended their recent winning streak. The Mortgage Bankers Association (MBA) said its Market Composite I..[read more]

MBS RECAP: Bonds Continue Circling Wagons (Nothing To Do With Shutdown News)
Tue, 11 Dec 2018 22:37:14 GMT

Posted To: MBS CommentaryGovernment shutdowns make good news. When risks of a shutdown flare up (especially with today's sort of political theater) it tends to dominate the news coverage. This creates the risk that shutdown news is perceived to i..[read more]