53 Articles match "2007","May"

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How Much for Those Lender Assets in the Window?
This is a huge issue because at the end of 2007 the United States had residential mortgages worth $10.5 What they show is that investors today, including Uncle Sam, should be able to value mortgage paper with some clarity.” The catch, said Saccacio, is that loan portfolios likely differ so much that generalizations may not work. “Every would-be buyer of mortgage-related securities will have to review portfolios with enormous care. Hopefully the WAMU portfolio is not How Much for Those Lender Assets in the Window? By Peter G. Miller   
www.realtytrac.com - Tuesday, February 3, 2009
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No Mortgage Meltdown For These Banks
The Hudson down payment numbers contrast strongly with national averages: The National Association of Realtors reports that in 2007 the typical first-time buyer put down just 2 percent, repeat buyers had 16 percent down payments and 25 percent of all purchasers bought with nothing down. It’s a financial instrument that may be right for some, but it wasn’t meant to be the mass merchandised product it became.” Higgins points out that “ING DIRECT has kept every loan it has originated. No Mortgage Meltdown For These Banks By Peter G. Miller  
www.realtytrac.com - Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
As UBS analysts point out, because Fannies and Freddies subordinated debt is used when they calculate capital -- the financial cushion regulators require to support the companies operations -- interest payments on the debt may have to stop if a bailout occurs. billion that the industry earned in the second quarter of 2007. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com - Tuesday, February 3, 2009
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