Second Mortgages Links

NY Fed sells $6.2 bln in mortgage bonds to Goldman - Reuters

Wall Street Journal

NY Fed sells $6.2 bln in mortgage bonds to Goldman Reuters * Second major Maiden Lane II sale in three weeks * Allows Fed bank to recoup balance of $19.5 bln loan * Bonds were acquired in 2008 bailout of AIG By Jonathan Spicer NEW YORK, Feb 8 (Reuters) - The Federal Reserve Bank of New York sold $6.2 billion ... Goldman Buys $6.2 Billion In Mortgage Bonds From NY FedFox Business Goldman Sachs snaps up risky mortgage bondsThe Australian GOLDMAN SACHS GROUP, INC. : 3rd UPDATE : Goldman Buys $6.2 Billion In Mortgage ...4-traders (press release) San Francisco Chronicle all 37 news articles »

Bad Home Loans Top $72 Billion in 'Colossal Failure': Mortgages - BusinessWeek

Bloomberg

Bad Home Loans Top $72 Billion in 'Colossal Failure': Mortgages BusinessWeek Wells Fargo & Co., Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Ally Financial Inc., the five largest home lenders during the real estate boom, tallied at least $6.78 billion in new costs tied to mortgages during the second half of ... 5 Expensive Bank Stocks That are Worth ItTheStreet.com all 18 news articles »

Citi Exits Broker Biz; Fed Addresses Sticky Second Mortgage Situation - Mortgage News Daily

Fox News

Citi Exits Broker Biz; Fed Addresses Sticky Second Mortgage Situation Mortgage News Daily This serves as a message to institutions to keep a careful eye on credit quality indicators relevant to credit portfolios, including junior liens (ie second mortgages, home equity lines of credit). To view the full release, ... Freddie Mac and the inverse floaters, cont.Reuters Blogs (blog) White House tries to improve Home Affordable Modification Program againAGBeat Is Freddie Mac Betting Against Homeowners?ABC News (blog) eNews Park Forest -San Francisco Chronicle all 415 news articles »

Mortgage applications jump as interest rates hit new lows - Medill Reports: Chicago

Medill Reports: Chicago

Mortgage applications jump as interest rates hit new lows Medill Reports: Chicago 3 compared with the prior week, the Mortgage Bankers Association reported Wednesday. But for the second consecutive week, 80 percent the applications represented refinancings. “There are tentative, but not definite signs, that the housing market may be ... Mortgage applications pick up as rates hit record lowsThe Hill (blog) Mortgage Refi Activity Ramps Up in U.S. as Rates Continue to DropWorld Property Channel MBA: Mortgage Applications Up 7.5%Mortgageorb LoanSafe all 47 news articles »

Santander sounds death knell for interest-only mortgages - The Independent

Santander sounds death knell for interest-only mortgages The Independent The UK's second-biggest mortgage lender has doubled the deposit for an interest-only loan. Spanish-owned Santander has increased the deposit an interest-only borrower must find from 25 per cent of the value of a property to 50 per cent. Homeowners Who Would Be Moguls Make Comeback in United Kingdom: MortgagesBloomberg all 3 news articles »