Buyers can negotiate some mortgage fees - Austin American-Statesman
Borrowers lucky enough to secure a mortgage in the current lending environment have a good amount of leverage when negotiating fees with brokers, who are increasingly starved for business. The problem is that many people have little idea what
Time To Buy Agency Mortgage Bonds? - Seekingalpha.com
The above graph shows the difference in yields between a current coupon 30-year FNMA pass-through security, and a 10-year on-the-run FNMA senior note. It is a good proxy for how much value is available in agency mortgages versus the debt that they
Feds eye more charges for Bear Stearns executives - San Diego Union-Tribune
NEW YORK Federal prosecutors confirmed Friday that they expect to bring more criminal charges against two former Bear Stearns hedge fund managers already accused of lying to investors about the collapse of the subprime mortgage market. At a
July 19th, 2008
Ginnie Mae MBS losing advantage to Fannie, Freddie - Reuters
NEW YORK, July 14 (Reuters) - Prices on mortgage-backed securities issued by Ginnie Mae, the government-owned issuer, dropped relative to Fannie Mae (FNM.N: Quote , Profile , Research , Stock Buzz ) and Freddie Mac (FRE.N: Quote , Profile , Research
Freddie Mac auction draws plenty of bidders - Forbes
Freddie Mac attracted more bidders Monday for a highly anticipated auction of $3 billion in short-term securities than it had nearly all year, a day after the federal government provided support for the mortgage giant. “This was a good auction result
Local mortgage experts weigh in - Charleston Post & Courier
Local experts say the Federal Reserve’s plan is good news for owners of houses such as this one for sale Monday in Hampton Park Terrace in peninsular Charleston. Charleston-area mortgage experts said Monday they expect the federal government to
July 15th, 2008
Steady Freddie or Fannie in a sling? - Chicago Sun-Times
Fannie and Freddie sound like the couple next door. But if you’re a homeowner, they’re closer to you than that. Fannie Mae and Freddie Mac are the common names for two companies that guarantee or hold about $5 trillion in U.S. home loans, or half of
Government shuts down mortgage lender IndyMac - Forbes
IndyMac Bank’s assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures. The bank is the largest regulated thrift to fail and the second
Key US mortgage lender goes bust - BBC Business
The failure came on a day when shares in the two biggest US home loan institutions - Freddie Mac and Fannie Mae - fell at one stage by almost 50%. IndyMac had been struggling to raise funds and stay in business in one of the states worst hit by the
July 12th, 2008
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