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Fitch Affirms 5 Structured Asset Securities Corporation Reverse Mortgage Tran
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NEW YORK----Fitch Ratings has affirmed 18 classes five Structured Asset Securities Corporation Reverse Transactions. Of the 18, 16 classes were assigned a Stable Rating Outlook and two classes were assigned a Negative Rating Outlook
Finance bill targets mortgage brokers' pay
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WASHINGTON Taking aim at deceptive lending, the Senate yesterday voted to ban brokers and loan officers from getting greater pay for offering higher interest rates on loans, and to require that borrowers prove they can repay loans
Shelby: Bank bill should include mortgage firms
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A Democratic plan to rein the financial industry flawed because fails to tighten control over two large government-sponsored companies blamed for creating a demand for risky loans and inflating the housing bubble, a leading GOP senator on banking issues says
Shelby: Bank Bill Should Include Mortgage Firms
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Shelby: Bank bill should also overhaul government-sponsored companies..
30-year mortgage rates hit six-week low
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Rates for 30-year, fixed s have fallen to lowest level six weeks, Freddie Mac said Thursday. - Business - Financial Services - United States - Arizona..
Sen. Shelby: Bank bill should include mortgage firms
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A Democratic plan to rein the financial industry flawed because fails to tighten control over two large government-sponsored companies blamed for creating a demand for risky loans and inflating the housing bubble, a leading GOP senator says
Mortgage Paid. A Dozen Debts to Go.
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As the Obama administration prods banks to rev up modifications for millions of American households, an obstacle emerging: Many people's debt woes go far deeper than home loans
Fed to sell some of mortgage-backed portfolio: report
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Federal Reserve officials have agreed to sell some of the central bank's $1.1 trillion portfolio of -backed securities, but many are undecided on how soon or how aggressively to do so, the Wall Street Journal said, citing several people familiar the matter
Wells Fargo Mortgage Lending Practices Probed
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Wells Fargo Lending Practices Probed..
Fitch Ratings Takes Various Actions on WaMu 2007-SL2
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NEW YORK----Fitch Ratings downgrades, maintains Rating Outlooks, revises Rating Outlooks, assigns Loss Severity and Recovery Ratings to WaMu Commercial Securities Trust 2007-SL2, commercial pass-through certificates, as follows:..
GM posts first quarterly profit three years
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US auto giant General Motors has reported a post-bankruptcy quarterly profit for the first time three years on the back of a jump sales and cost cutting
Fitch Rates RBSCF Trust 20010-RR3 Pass-Through Ctfs, Series 2010-RR3
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CHICAGO----Fitch rates RBSCF 2010-RR3, resecuritization pass-through certificates, series 2010-RR3, as follows:..
Results of Exchange Offer for Certain Securities Insured by Financial Guarant
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NEW YORK----Sharps SP I LLC today announced the results of offer to exchange residential -backed securities and asset-backed securities insured by Financial Guaranty Insurance Company as of May 13, 2010
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