FBR Mortgages Its Future
683415
When others are looking to reduce exposure to the mortgage market, FBR is doubling down.
549134
WASHINGTON - Americans may be disappointed the Federal Reserve's interest rate cut won't translate into lower monthly mortgage payments and a revival of the housing market.
372007
With more than $1 trillion in subprime mortgages still outstanding, some fear the financial sector's troubles have only just begun
696893
&quot;As the American dream grows, so do we,&quot; mortgage finance giant Fannie Mae says of its explosive growth of the past decade.
579347
Fannie Mae, the nation&#39;s largest source for home mortgage financing, said Wednesday that is is considering two placements of up to $4 billion in preferred stock to qualified institutional buyers.
415934
Fannie Mae (FNM.N: Quote, Profile, Research) on Tuesday said that from next year it will raise the limit on mortgages it can guarantee and purchase to $359,650 from $333,700 now.
414239
The turmoil tearing through the residential mortgage market will probably harm everyday investors.
602079
Subprime's the gift that keeps on taking.
680384
Mortgage rates rose about one-tenth of a point this week, Freddie Mac said Thursday. The 30-year fixed-rate mortgage (FRM) averaged 5.82 percent this week, with an average 0.6 points, up from last week when it averaged 5.72 percent.
453616
The lender said it would offer refinancing or modifications in loans whose interest rates are set to adjust by the end of 2008.
433394
After surviving an accounting scandle, Fannie Mae can handle housing's hurting.
309955
The US Federal Reserve is set to agree a range of measures giving mortgage holders more protection.
123153
Lenders will have to confirm that a borrower can afford a mortgage before making a loan under protections proposed by the Federal Reserve on Tuesday, following defaults and losses on U.S. subprime mortgages this year.
157298
Countrywide Financial Corp , the largest U.S. mortgage lender, said on Thursday it has lined up $12 billion of financing to help weather a housing slowdown that has reduced loan demand and will lead to widespread layoffs.
362098
Some economists warn the market's fate hinges largely on mortgage rates because low interest rates are the reason buyers have been able to continue to afford ever-increasing home prices here.
147598
Mortgage giant Freddie Mac said yesterday it will no longer buy those high-risk home mortgages that it deems to be the most vulnerable to foreclosure. The move came amid a deteriorating market for subprime loans affected by slumping home prices and rising interest rates
475072
Get up to speed on this resurgent financial trend.