M.I. Volume, Defaults Surge

Author:  //  Category: Mortgage

During December, 17,200 more mortgage insurance policies were writtten than in November, the Mortgage Insurance Companies of America reported. The dollar volume of policies was up $1.4 billion. But primary insurance defaults also rose — by more than 20,000 from November.

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M.I. Volume, Defaults Surge

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What is collateral debt obligation?

Author:  //  Category: Mortgage

… Obligation (CDO) is the cause of the sub-prime crisis and recession. European banks and investors … lucrative investment avenue. These are known as Mortgage Backed Securities (MBS). Most of these loans …

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What is collateral debt obligation?

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Frye Financial Center

Author:  //  Category: Mortgage

… change to reflect the times. My communiqus of late have dealt with the meltdown, sub-prime mortgages, CDO’s, the market “bottoming out” process, the Tarp Plan, etc. and navigating through this …

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Frye Financial Center

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aventura estate planning miami estate

Author:  //  Category: Mortgage

… change to reflect the times. My communiqus of late have dealt with the meltdown, sub-prime mortgages, CDO’s, the market “bottoming out” process, the Tarp Plan, etc. and navigating through this …

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aventura estate planning miami estate

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COFI Reverses Course

Author:  //  Category: Mortgage

The cost of funds index was down 40 basis points in December, the Federal Home Loan Bank of San Francisco reported. The index was lower for the first time in four months. COFI

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FDIC chairman shakes up Washington, Wall Street

Author:  //  Category: Mortgage

… off. Too many people couldn’t make their mortgage payments, she said. The mortgage industry was … to borrowers with poor credit. As the subprime crisis exploded, she became an outspoken voice …

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FDIC chairman shakes up Washington, Wall Street

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Politicians Rehash Economic Cliches as Crisis Spirals Out of Control

Author:  //  Category: Mortgage

… Forum in Davos risks becoming as toxic as the mess left over from the subprime mortgage crisis. But don’t think for a moment that the corporate boys are just crying …

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Politicians Rehash Economic Cliches as Crisis Spirals Out of Control

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“Bad Bank”- How to Mitigate the Losses

Author:  //  Category: Mortgage

… Troubled Assets which are comprised of “Toxic” mortgages. In effect, the US government (taxpayers) will … environment that requires “informed” financial decision-making. The Subprime Mortgage Crisis, out-of-control consumer spending and credit …

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“Bad Bank”- How to Mitigate the Losses

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Investors await Obama plan

Author:  //  Category: Mortgage

… a very big setback for the stock market, no question,” Joy said. Defaults on subprime mortgages led to losses on mortgage-related debt in the summer of 2007, triggering the credit …

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Investors await Obama plan

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RBS targeted by class action suit in US

Author:  //  Category: Mortgage

… dollars. The lawyers said RBS “failed to disclose risks that RBS’s exposure to the subprime mortgage market was understated,” that “RBS would be forced to take write-downs” that “would substantially …

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RBS targeted by class action suit in US

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