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Wednesday, December 30, 2009
Winner or loser: Credit cards (source: Bankrate)
Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects credit card interest rates. (source: Bankrate)
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MBS LUNCH: Bonds Improving Slightly After Auction (source: Mortgage News Daily)
Posted To: MBS CommentaryAuction Results Are As Follows: 5-YEAR NOTES YIELDS High 2.665 pct Median 2.600 pct Low 2.538 pct PRICE/ACCEPTANCES Price 99.813909 Accepted at high 31.16 pct Bid-to-cover ratio 2.59 AMOUNTS TENDERED AND ACCEPTED (dollars) Total ac... (source: Mortgage News Daily)
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Speculators gravitating to Fannie Mae, Freddie Mac (source: Big News Network)
Speculators poured into shares of Fannie Mae and Freddie Mac on Monday, the first day of trading after the Obama administration in effect gave the companies blank checks of federal support. (source: Big News Network)
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Downturn causes homeowners to focus on repaying debt (source: The Independent)
Britons reduced their outstanding mortgage debt by �4.91 billion during the third quarter of the year, figures showed today. (source: The Independent)
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New home loans hit two-year high (source: The Independent)
The number of mortgages approved for house purchase reached its highest level for two years during November, figures showed today. (source: The Independent)
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MORTGAGE JOB POSTING: GSE Loan File Auditors Needed (source: Mortgage News Daily)
Posted To: Voice of HousingAs we've discussed several times in the recent past , the GSE's are actively investigating non performing loan files for breaches of representations and enforcing warranties. What has traditionally been viewed by originators and ... (source: Mortgage News Daily)
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Get-rich-quick lure of stocks, oil, mortgages led ... - News1130.com (source: Big News Network)
NEW YORK - A string of exploding investment bubbles that started with the dot-coms and ended with mortgages and oil dominated the years from 2000 to 2009. And it looks like the next decade will be no ... (source: Big News Network)
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