| Agency Mortgage-Bond Yield Spreads Reach Lowest in a |
| Friday, August 29, 2008 |
Agency Mortgage-Bond Yield Spreads Reach Lowest in a Month - Bloomberg
Aug. 29 (Bloomberg) -- Yields on agency mortgage securities touched the lowest in a month relative to U.S. Treasuries after buyers took advantage of some of the widest spreads since 1986. The difference between yields on Fannie Mae's current-coupon
Source: www.bloomberg.com
Fewer Loans, But Still More Fraud - Washington Post
No min. $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000
Source: www.washingtonpost.com
ViewPoint Bankers Mortgage Expands in Texas - MSN MoneyCentral
PLANO, Texas , Aug. 29 /PRNewswire/ -- ViewPoint Bankers Mortgage (VPBM), the mortgage subsidiary of ViewPoint Bank, today announced the addition of eight new mortgage production offices throughout Texas . The company has hired a total of 45 loan
Source: news.moneycentral.msn.com
30-year mortgages fall to lowest level in 6 weeks - BusinessWeek
Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dropped to 6.40 percent this week, down from 6
Source: www.businessweek.com
Fannie Mae, Freddie Mac shares slide - BusinessWeek
Shares of Fannie Mae and mortgage refinancing Freddie Mac fell Friday, after the Bank of China said it reduced its portfolio of securities issued or guaranteed by the mortgage financiers by about 25 percent since the end of June. The bank said Thursday it cut its
Source: www.businessweek.com
Popular shares soar on sale of mortgage assets - Forbes
Shares of Popular Inc. jumped Friday after the Puerto Rico-based bank said it plans to sell $1.17 billion of U.S. mortgage assets to affiliates of Goldman Sachs Group Inc. Shares gained 92 cents, or 13 percent, to $8.15. Shares have traded between $4
Source: www.forbes.com
Bank of China Reduces Fannie, Freddie Debt Holdings (Update1) - Bloomberg
Aug. 29 (Bloomberg) -- Bank of China Ltd. , the nation's third-largest bank, pared its holdings of Fannie Mae and mortgage refinancing Freddie Mac corporate debt by 29 percent in the past two months as the mortgage-finance companies faced growing losses and mortgage refinancing the potential
Source: www.bloomberg.com
Popular selling US mortgage assets to Goldman - BusinessWeek
Puerto Rican bank Popular Inc. said Friday it will sell mortgages and mortgage refinancing servicing assets from its U.S. mortgage subsidiary Popular Financial Holdings to affiliates of Goldman Sachs Group Inc. Popular will sell $1.17 billion in loans and mortgage refinancing servicing
Source: www.businessweek.com
Mortgage lending rates drop - Belfast Telegraph
Growth in mortgage lending dropped below ten per cent for the first time in 21 years in July. The latest figures from the Central Bank show that private borrowing increased by 3.3 billion euro last month. But the annual rate of increase fell to 13.3
Source: www.belfasttelegraph.co.uk
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