Archive for the ‘Mortgage News’ Category

TEXT-Fitch assigns Lowland Mortgage Backed Securities 1 B.V final ratings – Reuters

Feb 01 – Fitch Ratings has assigned Lowland Mortgage Backed Securities 1 B.V’s EUR3.793bn mortgage-backed notes final ratings, as follows: EUR538,600,000 floating-rate class A1 mortgage-backed notes: ‘AAAsf’; Outlook Stable EUR2,799,300,000 …
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Danish Risk Is Rekindled as Hunt for Returns Stokes Mortgage Bond Demand – Bloomberg

Investors are rediscovering yield in Denmark as mortgage bond issuance crowds out the government’s plan for an early surge in debt sales. Bond investors are searching for ways to boost returns after demand for the AAA nation’s bonds sent …
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Self-employed, new immigrants may find getting a mortgage tougher – Toronto Star

It’s going to be tougher for the self employed, new immigrants and higher-risk borrowers to get a mortgage as concerns continue to mount over the state of Canada’s housing market. CIBC’s wholesale mortgage arm, FirstLine, quietly announced Tuesday …
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Mortgage Industry Veteran Barry Habib Joins RFC as Chief Market Strategist – Marketwatch

COLUMBUS, Ohio, Jan 30, 2012 (BUSINESS WIRE) — Barry Habib has returned to the mortgage industry as the chief market strategist for Residential Finance Corp. (RFC), a Columbus, Ohio-based lender. Habib, an American entrepreneur who created the …
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As Mortgage Settlement Deal Nears Feb. 3 Deadline, Nevada AG Raises Important Concerns – Huffington Post

As the Obama administration, state attorneys general and the nation’s biggest banks close in on a settlement over allegations of widespread mortgage fraud, Nevada’s attorney general is pushing back with concerns and questions. Meanwhile a Feb. 3 …
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Two More Years of 4% Mortgage Rates? – NASDAQ

The Federal Reserve announced this week that it does not plan to raise interest rates until 2014 at the earliest. Does this mean you can expect another two years of 4 percent mortgage rates? Not necessarily. While the Federal Reserve plays a major role in …
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Mortgage modification program expanded to investors, others – Chicago Tribune

The Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills …
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