Mortgage Investors Corporation: Choosing the Wrong Refinancing Lender can be a Costly Mistake for Veterans
Thursday, March 17th, 2011Refinancing a home loan is an extremely stressful process for anyone, but for the men and women of the military, the process can be especially difficult. American service members often work with ever-changing deployment dates and short windows of stateside leave so they think they have to rush through the home loan process. According to [...]
Mortgage Servicer Profits May Threaten Obama Housing Programs
Thursday, March 17th, 2011Mortgage servicers may have to take a pay cut to participate in President Barack Obama’s programs to modify home loans and advance the sale of properties in default.
Goldman faces second investigation as mortgage assets leave bitter taste
Wednesday, March 16th, 2011Securities and Exchange Commission investigators are focusing on a second mortgage-backed asset created by Goldman Sachs as they attempt to bolster their $1 billion fraud case against the embattled bank.
Bond Sellers Join With Mortgage Investors to Seek Tougher Rules
Monday, March 14th, 2011Creators and underwriters of asset- backed securities joined bond investors in telling the Securities and Exchange Commission to go further than proposed new rules on sellers’ obligations to take back bad mortgages from future securitizations.
Mortgage-backed securities are offering decent returns
Sunday, March 13th, 2011You may have noticed that the mortgage industry has been troubled lately, staying out late at nightclubs, driving erratically and missing meetings with parole officers.
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