Feb
22
Latest Mortgage Loan Companies News
Filed Under Loans
Should Mortgage Rates Even Be Lower?
Over the past year, a wide gap ripped open between the mortgage rates house hunters see and a benchmark interest rate investors demand to buy bonds backed by home loans. In normal times, this obscure metric would only be of interest to bankers, brokers …
Read more on Wall Street Journal
Watchdog: Limit Fannie, Freddie legal fees more
Fannie and Freddie buy mortgage loans from primary lenders, pool them, and sell them with a guarantee that investors will be paid even if borrowers default. The agencies have helped people buy homes at affordable interest rates.
Read more on Huffington Post
Wall Street Crowds Into Trader Joe's for Bond Deals: Mortgages
Commercial-mortgage bond lenders, who profit on the difference between what borrowers pay and the cash brought in by selling the securities, charge higher rates than insurers and other financial institutions that hold loans on their books.
Read more on BusinessWeek
Mail this post
Comments
Leave a Reply