Archive for the ‘Mortgage News’ Category

Mortgage rates hit a record low – Yahoo Finance

Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record. The 30-year, fixed rate fell to an average of 3.87% and the 15-year fixed …
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Mortgage rates fall to new lows (again) – CBS News

It happened again: mortgage rates hit new lows this week, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) released Thursday. Frank Nothaft, vice president and chief economist at Freddie Mac, attributes the decline in …
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Capstead Mortgage’s Earnings Report Bodes Well For Agency REIT Peers – Seekingalpha.com

On Wednesday, February 1, 2012, Capstead Mortgage Corporation (CMO) reported results for the fourth quarter of 2011. Capstead is a Mortgage Real Estate Investment Trust. Capstead reported net income of $41,968,000 or $0.43 per diluted share for …
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Exclusive: Mortgage deal would give states enforcement clout – YAHOO!

(Reuters) – A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday. Under the settlement, which states …
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Mortgage Deal Would Give States Enforcement Clout – International Business Times

(Reuters) – A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday. Under the settlement …
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Danish Risk Is Rekindled as Yield Hunt Stokes Demand for Mortgage Bonds – Bloomberg

Investors are rediscovering yield in Denmark as mortgage bond issuance crowds out the government’s plan for an early surge in debt sales. Bond investors are searching for ways to boost returns after demand for the AAA nation’s bonds sent …
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As Mortgage Settlement Deal Nears Feb. 3 Deadline, Nevada AG Raises Concerns – Huffington Post

As the Obama administration, state attorneys general and the nation’s biggest banks close in on a settlement over allegations of widespread mortgage fraud, Nevada’s attorney general is pushing back with concerns and questions. Meanwhile a Feb. 3 …
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