Dynex Still Plans Mortgage Investments (AP via Yahoo! Finance)
Dynex Capital Inc., a real estate investment trust, said it still plans to invest in mortgage-backed securities even as the market for those investments remains in turmoil.
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UK January mortgage approvals unexpectedly up (Reuters via Yahoo! News) British mortgage approvals unexpectedly picked up in January from a series low, but mortgage lending rose at its weakest rate in two and a half years, according to Bank
Want a Mortgage? Start by Settling Your Score (Benton Evening News) (ARA) - Anyone who's been denied credit may feel the old adage "you can't fight city hall" should be replaced by a new axiom: "You can't fight the credit system."
Wall Street Breakfast Existing-home sales plummeted 8.4% in 2006, their fastest pace in 17 years. The National Association of Realtors [NAR] announced yesterday that sales dropped 0.8% in December to an annual rate
(AFX UK Focus) 2006-01-20 09:46 GMT: UK Dec mortgage lending growth highest since June 2004 - BBA (Interactive Investor) LONDON (AFX) - Mortgage lending in the UK picked up once again in December, showing the largest growth since June 2004 as evidence continued to emerge of a solid recovery
Thornburg Mortgage (TMA) to Take $1.1B Loss on Mortgages (Schaeffers Research) This morning, Thornburg Mortgage (TMA) reported that it now expects its third-quarter loss on mortgages sold to be %241.1 billion, compared to its previous estimate of %24863 million...( Read More