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residential mortgage backed roosters comin' home to roost as rmbs task force gets to work
first the feds were looking at the the swath of mortgage-backed securities among federal home loan mortgage corporation (freddie mac), the federal national mortgage association (fannie mae), and the government national mortgage association (ginnie mae) (collectively, "MBS"). if you just go by the reports in the press and the swirling rumors on the street, a lot of banks are nervous: ally ...second-mortgage lawsuits swamp homeowners
a texas firm sues homeowners with foreclosed second mortgages.us 30-year mortgage rate falls to record 3.78 pct.
the average u.s. rate for the 30-year fixed mortgage fell to a record low for a fourth straight week. cheap mortgages have helped boost home sales modestly this year.new york mortgage prices stock offering at $6.65
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