Mortgage applications despite lower rates
A tiny pullback in interest rates did nothing to improve mortgage application volume. The numbers are seasonally adjusted.
Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2014 Dividends
Cherry Hill Mortgage Investment Corporation , today announced the estimated Federal income tax treatment of the Company’s 2014 distribution on its common stock, as described below.
30-Year Fixed Mortgage Rates Fall; Current Rate is 3.65%, According to Zillow Mortgage Rate Ticker
SEATTLE — The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.65 percent, down eight basis points from this time last week. The 30-year fixed mortgage rate dropped Wednesday, then hovered …
Mortgage lending dipped in January
Mortgage lending to home buyers went through an unexpectedly large dip at the start of the year.
Fitch Affirms CSMC Series 2010-RR5
Fitch Ratings affirms Credit Suisse First Boston Mortgage Securities Corp., CSMC series 2010-RR5 as follows:
Keller Rohrback: Mortgage-Backed Securities Investors Recover Billions of Dollars in Mortgage Put-Back Claims
Attorney Advertising — Keller Rohrback L.L.P. represents institutional investors pursuing put-back claims against residential mortgage-backed securities sponsors who bundled toxic loans in mortgage-backed securities.
Hunt Mortgage Group Closes First Loan Under Freddie Mac Small Balance Loan Program
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $3.8 million Freddie Mac conventional loan to refinance a multifamily property located in Los Angeles, California. …
Mortgage refinance applications fall back to earth
When homeowners prepay, investors lose a high-yielding asset and reinvest the proceeds in a lower-rate investment. This means lower returns going forward.
Hunt Mortgage Group Finances Acquisition of Medical Office Property in Winter Haven, Florida
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $6.63 million first mortgage loan to finance the acquisition of a medical office property located in Winter …
Nomura, RBS face U.S. mortgage trial; $1 billion damages at stake
By Nate Raymond NEW YORK (Reuters) – A U.S. housing regulator is set to take two of the world's biggest banks to trial on Monday to try and recoup more than $1 billion in damages over mortgage bonds sold to government-run mortgage finance companies ahead of the 2008 economic crisis. Lawyers for the regulator will face off with attorneys of Nomura Holdings Inc and Royal Bank of Scotland …