Thornburg Mortgage sees higher portfolio losses; shares skid (Market Watch) BOSTON (MarketWatch) -- Shares of Thornburg Mortgage Inc. fell Tuesday after the company estimated higher losses in its mortgage portfolio due to deterioration in the credit markets.
Mortgage help is coming from Fannie, Freddie (The Philadelphia Inquirer) WASHINGTON - The government made it easier yesterday for mortgage giants Fannie Mae and Freddie Mac to absorb problem loans that are dragging down many U.S. homeowners, the latest of
Reverse Mortgage Program May Get New Enhancements (Senior Journal) April 30, 2006 ? The Reverse Mortgage Program, already popular with senior citizens, may get even better. The U.S. House of Representatives is considering legislation that would make substantial improvements
GMAC Commercial Mortgage Corporation Arranges $51.2 Million in Acquisition Financing for a Maryland Office Building (Business Wire via Yahoo! Finance) GMAC Commercial Mortgage Corporation has arranged $51,200,000 in permanent, fixed-rate acquisition financing for a Frederick, Md., office building.via
Mortgage rates continue decline (Detroit Free Press) Rates on 30-year mortgages resumed their decline this week, falling for the 10th time in the past 12 weeks. Mortgage giant Freddie Mac said Thursday its weekly survey showed that
Scarborough Building Society sells off mortgage portfolios - report (Banking Business Review) According to industry reports, the UKs Scarborough Building Society has sold off two mortgage portfolios worth GBP500 to mortgage lender Basinghall Finance.read more...
It doesn’t make sense from a tax efficiency consideration, says Dr. Don.
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