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Bondholders Criticize US Mortgage Settlement-Bond investors wary of steeper losses as banks implement settlementFOX Business - Feb 10 01:29pm
Mortgage Plan Gives Billions to Homeowners, But With Some ExceptionsUnder the settlement, nearly two million Americans could benefit from mortgage relief from the nation’s biggest banks.International Herald Tribune - Feb 09 07:03am
Fitch Affirms GMAC Mortgage's Residential Primary & Special Servicer Ratings; Outlook NegativeFitch Ratings has affirmed the following U.S. residential mortgage servicer ratings for GMAC Mortgage LLC as follows (These servicer ratings formerly were under the name ofBusiness Wire via Yahoo! Finance - Feb 08 12:39pm
Mortgage settlement good for homeowners, better for banksThe $25-billion settlement puts a dark cloud behind banks and eases investor anxiety. This should bolster their stock prices. It also shields them from some suits stemming from the foreclosure fiasco. The $25-billion settlement of the foreclosure mess is good for homeowners and good for the housing market.Los Angeles Times - Feb 09 02:25pm
Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit MarketsPrepayments for Fannie Mae’s 30-year fixed-rate securities fell 8 percent last month to a pace that would erase 21.6 percent of the debt in a year, the slowest since September, data released Feb. 6 by the Washington-based company show.Bloomberg - Feb 08 07:37am
Homes.org Releases Mortgage Rates Update - Economic Improvements Cause Rates to IncreaseHomes.org releases new weekly analysis of mortgage rates which explains how economic improve affects interest rates, current interest rates for 30-year and 15-year fixed mortgage and what is likely to affect mortgage rate in the coming weeks.(PRWEB) February 11, 2012 The latest Homes.org weekly mortgage rate report found that interest rates rose slightly last week as was forecast. The increase ...PRWeb via Yahoo! News - Feb 11 07:04am
New York Mortgage Trust Announces Tax Treatment of Common Stock Dividends for 2011NEW YORK -- New York Mortgage Trust, Inc. (the "Company") announced today the following tax treatment for dividends paid or declared in 2011 on the Company's common stock.GlobeNewswire via Yahoo! Finance - Jan 31 10:04am
NH to receive $43.6M in mortgage settlementNew Hampshire is getting $43.6 million under a settlement among 49 states and the five largest mortgage lenders over foreclosure abuses.Attorney General Michael Delaney said at a news conference Thursday ...Associated Press via Yahoo! Finance - Feb 09 01:33pm
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