RBS hires 16 in mortgages, including 15 from Bear Reuters - L: Quote, Profile, Research, Stock Buzz), said on Wednesday it has hired 16 people to join its mortgage-backed securities team, including 15 from the former ... |
July saw record mortgages modified: HOPE NOW Reuters - HOPE NOW said that 192000 borrowers were helped out of their current troubled home loan or saw the terms of that mortgage adjusted to make them affordable. ... |
Mortgage applications rise 0.5% as most rates dip USA Today - The Mortgage Bankers Assocation said Wednesday that its composite index of loan applications rose slightly in the week ended Aug. ... Mortgage applications up for first time in three weeks The Going Rate Mortgage volume rises |
 Washington Post | Foreign spigot off for US consumers Asia Times Online, Hong Kong - Borrowed funds are used to buy mortgages and bundles of mortgages. They provide credit guidelines and purchase mortgage issued by banks. ... Fannie, Freddie shares rise; portfolio growth slows Housing Rebound Unlikely Before 2009, HUD Chief Says (Update2) Freddie Mac and Fannie Mae share prices rise |
Pimco Looks To Invest $5B In Distressed Mortgages Orange County Business Journal, CA - By Dan Beighley Newport Beach-based Pacific Investment Management Co. is looking to invest as much as $5 billion in mortgage bonds with a new fund, ... Pimco Seeks as Much as $5 Billion for Distressed Debt (Update1) Pimco seeking as much as $5 billion to buy "senior" debt PIMCO Looks Towards RMBS Rubble: Report |
AMP to insure Aussie mortgages The Australian, Australia - MORTGAGE broker Aussie Home Loans has formed a strategic alliance with AMP under which AMP will offer it customers mortgage protection insurance. ... |
 This is London | New fears over quality of Northern Rock mortgages Telegraph.co.uk, United Kingdom - By Philip Aldrick New evidence that Northern Rock owns a poorer quality mortgage book than its peers has emerged just days after previously unseen documents ... Taxpayers may foot Northern Rock bill for defaults Northern Rock arrears exposure in question One in 13 UK repossessions a Northern Rock borrower, report says |
 San Diego Union Tribune | FHA Raises Its Premiums to Insure Wall Street Journal - At a time when house prices generally are falling, the share of new mortgages insured by the FHA has soared to 23% in July from a low of 1.8% in 2006, ... Lending Over Backward Get ready for a mortgage maze Declines in equity strain many ARMs |
 New York Times | Housing fix backfires CNN - And the raised caps forced the mortgage giants to spread their limited capital across a much larger market of mortgages. Add in the new fees that Fannie and ... Freddie pares mortgage commitments; Fannie to buy more Higher Fees for Mortgages Obama Wrapped in Hands of Mortgage Industry |
S&P cuts Radian Group's counterparty credit rating CNNMoney.com - Insurers pay out claims on mortgages when customers default. S&P did note it believes mortgage insurers' near-term ability to pay claims remains strong. ... S&P Downgrades Units Of Three Mortgage Insurers |
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