M.K. Bailey Law Offices to Help Sex Offenders Affected by ‘Unconstitutional’ Law

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Ruling from Oklahoma Supreme Court reverses statuses of more than three dozen offenders

OKLAHOMA CITY, OKLAHOMA, June 28, 2013 /EINPresswire.com/ — OKLAHOMA CITY, OKLAHOMA – Following a landmark decision by the Oklahoma Supreme Court, M.K. Bailey Law …

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M.K. Bailey Law Offices to Help Sex Offenders Affected by ‘Unconstitutional’ Law

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Screen Solutions Offers Screen Enclosure Discount Through New Webpage

Author:  //  Category: Mortgage

Screen Solutions, the Re-Screening Specialist, created a new webpage advertising a free estimate and 10% discount for any full re-screen project.

RIVERVIEW, FL, June 28, 2013 /EINPresswire.com/ — Screen Solutions, the Re-Screening Specialist, created a …

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Screen Solutions Offers Screen Enclosure Discount Through New Webpage

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Primed for the housing boom

Author:  //  Category: Mortgage

… a huge fortune betting against sub-prime mortgage securities.
OPINION:
If you want … US housing market, and its sub-prime mortgage appendage, would plummet in value … US$15b by betting against sub-prime mortgage securities tied to a rising …

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Primed for the housing boom

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Seize the mortgages, save the neighborhood

Author:  //  Category: Mortgage

… the aftermath of the 2008 subprime meltdown. Several decades of increased … into whole mortgages. For example, if a security backed by mortgages likely … year, a private group called Mortgage Resolution Partners pitched its concept … are converted back into whole mortgage loans, the Federal Housing Administration …

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Seize the mortgages, save the neighborhood

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COFI Sets New Record Low

Author:  //  Category: Mortgage

Although mortgage rates have been on the rise recently, the Cost of Funds Index managed to move to its lowest level on record.

The index was 2 basis points lower during May than it was during the prior month, according to data from the 11th District Federal Home Loan Bank.

In fact, the latest reading on COFI fell below the all-time low established in January, according to historical data back to July 1981.


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COFI Sets New Record Low

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Home Purchase Financing Jumps, ARM Activity Surges

Author:  //  Category: Mortgage

Rapidly rising rates weren’t enough to hold back a jump in new home purchase financing activity. But the rate increase did drive more prospective borrowers into adjustable-rate products.

Loan pricing inquiries were up 7 percent this week, pushing the U.S. Mortgage Market Index from LoanSifter and Mortgage Daily for the week ended June 28 to 293. New mortgage business was also better than the same week last year, with activity increasing 15 percent.

The week’s best performance was delivered by adjustable-rate mortgage inquiries, which shot up a third from last week and were 27 percent better than the week ended June 29, 2012.


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Home Purchase Financing Jumps, ARM Activity Surges

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Fannie Improves Performance in May

Author:  //  Category: Mortgage

Monthly secondary marketing activity inched up at the Federal National Mortgage Association, while residential delinquency fell to the lowest level in more than four years and the book of business moved higher. Even delinquency on commercial real estate loans was lower.

The government-controlled enterprise reported Friday that new business acquisitions during May totaled 1 percent less than during the previous month.

It was also an improvement from the same month last year, with new business acquisitions during the latest period rising 9 percent from May 2012.


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Fannie Improves Performance in May

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Servicer Rating Downgraded at Select Portfolio

Author:  //  Category: Mortgage

Deteriorating subprime loan performance and a downgrade at its parent were among the factors behind a reduction in Select Portfolio Servicing Inc.’s servicer rating.

The downgrade impacts the Salt Lake City-based firm’s rating as a primary servicer of subprime residential mortgages as well as its special servicer rating.

SPS was previously known as Fairbanks Capital Corp. until it was acquired by Credit Suisse First Boston from PMI Group Inc. in 2005.


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Bank of America refuses to talk about new mortgage deal, AIG says

Author:  //  Category: Mortgage

… fees related to its various mortgage-related headaches.
Insurance giant AIG says … billion settlement deal related to mortgage-backed securities, but that the Charlotte-based … private investors in mortgage bonds sold during the subprime boom-then-bust. AIG is …

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Bank of America refuses to talk about new mortgage deal, AIG says

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Hero to homeless, Irish priest a hit on ‘Daily Show with Jon Stewart’

Author:  //  Category: Mortgage

… countries, predatory lending and the sub-prime mortgage fiasco,” said Marshall. The filming …

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