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mortgage borrowers still underwaterdespite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.fitch: canadian banks' residential mortgage exposure manageable under moderate stresseshousehold debt driven by mortgage credit expansion in the canadian market is the main threat to the credit risk profiles of canadian financial institutions, as highlighted by the sworried worker: spend savings on mortgage?dear dr. don,i am a 34-year-old new yorker who works in the banking industry. i own a small studio apartment that i bought when i was 27. i have $134,000 left on the mortgage at 5.625 percent interest. ...david e. tucker named president of phh mortgagephh corporation today announced that david e. tucker has been appointed president of phh mortgage corporation , the company’s mortgage origination and servicing subsidiary. |
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