Freddie: 30-year fixed-rate mortgage at record low
Tuesday, March 15th, 2011Treasury-indexed ARM rates more than a percentage point lower than a year ago
Mortgage Investors Turn to State Courts for Relief
Tuesday, March 15th, 2011INVESTORS who lost billions on boatloads of faulty mortgage securities have had a hard time holding Wall Street accountable for selling the things in the first place.
FHFA Subpoenas Firms That Sold Debt to Fannie Mae, Freddie Mac
Tuesday, March 15th, 2011The Federal Housing Finance Agency subpoenaed firms that sold mortgage-backed securities to Fannie Mae and Freddie Mac as the regulator aims to determine whether issuers can be held liable for losses on the debt.
Real Estate Matters: Windfall lets 15-year mortgage work
Tuesday, March 15th, 2011We are looking at refinancing this week. We have about $250,000 equity in our home on a 30-year mortgage at 6.2 percent. We are three years into the mortgage.
Fannie Mae Subpoenas May Find $30 Billion of Bad Mortgages, Analyst Says
Tuesday, March 15th, 2011Fannie Mae and Freddie Mac’s regulator may identify as much as $30 billion of debt included in mortgage bonds that the companies can force sellers to repurchase, according to Joshua Rosner, an analyst who in 2007 predicted the collapse in the market for the securities.
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