residential mortgage backed roosters comin' home to roost as rmbs task force gets to workfirst the feds were looking at the the swath of mortgage-backed securities among federal home loan mortgage corporation (freddie mac), the federal national mortgage association (fannie mae), and the government national mortgage association (ginnie mae) (collectively, "MBS"). if you just go by the reports in the press and the swirling rumors on the street, a lot of banks are nervous: ally ...mortgage brokers warn about new refinancing rulesbanking regulator wants homeowners’ employment status and current income be rechecked before loan renewals are approvedmortgage lending slumps 19pcgross mortgage lending fell by 19pc to £10.2bn in april, according to the council of mortgage lenders.44% of cook county homes with a mortgage are underwateralmost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more. |
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