Bond Strategists: Mortgage Bonds Will Underperform, Lehman Says (Bloomberg.com) Dec. 29 (Bloomberg) -- Mortgage-backed bonds sold by companies such as Fannie Mae will lag behind U.S. Treasuries for a second year in 2006 as banks cut their purchases amid
Fitch Rates SAMI II $170.9MM Prime Mortgage Trust Series 2005-4 (Business Wire via Yahoo! Finance) Structured Asset Mortgage Investments Inc. Prime Mortgage Trust , mortgage pass-through certificates, series 2005-4 are rated by Fitch Ratings as follows:read more...
U.S. mortgage applications surge (Detroit News) U.S. mortgage applications rose last week by the most in almost a year, as low interest rates contributed to a record number of requests for loans to buy houses. Applications
Dollar Slips in Asia The dollar slipped in Asian trading Tuesday, hovering near an eight-month high against the yen, as traders sold the dollar to lock in profits from its recent climb.via
Nokia Unveils Internet Tablet Device Associated Press Update 1: Nokia Unveils Handheld Internet Tablet 05.25.2005, 12:05 PM Nokia Corp.via
Mortgage rates to rise? Dear Curt, Alan Greenspan, chairman of the Federal Reserve Board of Governors, has described the disconnect between rising short-term interest rates and relatively stable long-term rates as a conundrum.read more...
Wells Fargo & Co. ended 2007 with its lowest quarterly profit in six years, dragged down by the declining home values and mortgage mess that’s tormenting most of the banking industry. The San Francisco company said Wednesday that it earned $1.36 billion (41…
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