mortgage securities
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Welcome to the 'mortgage securities' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'mortgage securities'.
Latest blogosphere posts tagged “mortgage securities”
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U.S. Uncaps Support for Fannie, Freddie
Stupidica —
Authority: 177
WASHINGTON -- The U.S. Treasury said it would provide capital as needed to Fannie Mae and Freddie Mac over the next three years, effectively opening its checkbook to the government-controlled companies in a bid to reassure investors in their debt. Treasury also will end its purchases of the companies mortgage-backed ...2 days ago -
Mortgage rates at 6% in 2010?
Mortgage Insider —
Authority: 575
Mortgage rates are creeping up, as the yield on a 10-year Treasury hits 3.7% — the highest since August. So how high might they go next year? Mark Zandi, chief economist at Moody’s, tells CNBC.com rates should hit 6% by the end of 2010. Rates on a 30-year fixed-rate mortgage have been under 5% for months. Of ...5 days ago -
Treasury mum on halting mortgage-security purchases
Mortgage Insider —
Authority: 575
Honestly, I forgot the U.S. Treasury Department was buying mortgage-backed securities (MBS), since its program is much smaller than that of the Federal Reserve. Here’s an update from National Mortgage News (bold added): The Treasury Department has purchased over $200 billion in Fannie Mae and Freddie Mac ...5 days ago -
As a real estate agent in the worst market in the country, Las Vegas, our situation is most unusual.
InvestmentWatch —
Authority: 157
In the past 6 months, 66% of our closings were repo’s and 14% Short Sales. The most amazing stat is we typically average around 5% of sales as cash sales and this year this has jumped up to 32%. Investors are buying up a lot of properties, flooding the rental market, and driving rents lower. The lower rents are ...5 days ago -
Important News - Dec. 18
InvestmentWatch —
Authority: 157
1) ‘Shadow Inventory’ of U.S. Homes Climbs, Report Says “Dec. 17 (Bloomberg) — The number of homes that may be in the pipeline for a sale because of foreclosure and delinquency climbed about 55 percent to 1.7 million at the end of September, according to estimates by First American CoreLogic. ” 2) ...1 week ago -
Are covered bonds the answer to credit shortage?
Mortgage Insider —
Authority: 575
The House Financial Services Committee is expected to hold a hearing today on covered bonds backed by high-quality mortgages and consumer loans. Such bonds are used in Europe and some U.S. legislators think the bonds could help revive lending here, reports National Mortgage News. Here’s more: Rep. Scott Garrett, ...1 week ago -
Low mortgage rates get nudged
Mortgage Insider —
Authority: 575
I didn’t hear any buzz this week as mortgage rates dipped as low as 4.5% with a one-point fee. Maybe its the holidays, or maybe there aren’t many people left who could benefit from a refinance unless rates fall even further. Then rates nudged up late in the week as the yield on a 10-year Treasury rose to 3.48% ...3 weeks ago -
Big mortgage-rate jump coming in spring?
Mortgage Insider —
Authority: 575
The Wall Street Journal online reports on a talk by Brian Sack, the guy at the Federal Reserve who implements many of its market-tinkering programs. Sack’s group estimates the Fed’s $300 billion in Treasury purchases helped push down rates on those securities by half a percentage point and its purchasing of ...3 weeks ago -
The US government through the FHA is now the new sub-prime lender.
InvestmentWatch —
Authority: 157
Lending standards have deteriorated again. And it’s no surprise that the housing market has reacted in the same way as in the previous housing boom. But poor lending standards lead to a lot of bad loans. And when the government ends up in a big hole with big losses on their mortgage securities. Then there won’t ...4 weeks ago -
Banks forced to buy back more loans
Mortgage Insider —
Authority: 575
The credit crisis rolls on with this tidbit from National Mortgage News: Banks had to buy back $7.1 billion in defaulted single-family loans in the third quarter to reimburse mortgage investors, up from $1.9 billion in the previous quarter. Federal Deposit Insurance Corp. Call Report information shows that most of ...4 weeks ago -
Will the Fed let mortgage rates rise?
Mortgage Insider —
Authority: 575
I’m seeing more news reports quoting people who think the Federal Reserve should, once again, extend its purchases of securities backed by mortgages issued by Fannie Mae and Freddie Mac. The Fed is supposed to stop by March 31. The latest comes from the Wall Street Journal quoting Federal Reserve Bank of St. ...4 weeks ago

