Europe Banks Sell Once-Toxic Debt for Subprime Return: Mortgages – Businessweek


Europe Banks Sell Once-Toxic Debt for Subprime Return: Mortgages
Businessweek
Lloyds Banking Group Plc (LLOY), Britain's biggest mortgage lender, is auctioning $ 8.7 billion of mortgage debt to plug a capital shortfall, a month after Lone Star Funds and Credit Suisse Group AG paid 6.7 billion euros ($ 8.7 billion) for assets taken

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mortgages – Google News

More homeowners falling behind on mortgages
ConsumerAffairs
Photo Despite improvements in the housing market, many homeowners are still having trouble paying their monthly mortgage. The number of foreclosed homes on the market has been steadily falling but some of the recent numbers about loan payments are

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mortgages – Google News


ValueWalk
Fannie, Freddie give seniors a break on mortgages
Boston Herald
WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home
Freddie Mac Creates Bonds Supported By Modified MortgagesValueWalk
Fixed Rate Mortgages Climb for a Third WeekLoanRateUpdate (press release)
Freddie Mac Begins to Securitize Certain Modified MortgagesLoanSafe

all 17 news articles »

mortgages – Google News

Watch out. The mortgage securities market is at it again.
CNNMoney
Once upon a time, hardly anyone defaulted on a mortgage. Bankers made sure that their borrowers had mortgages they could afford, because if they didn't, the bank would suffer a loss. Lenders were highly motivated to keep homeowners in their castles.

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mortgages – Google News

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