Mortgage News Wire

The latest mortgage industry news dump.

WaMu Defends Mortgage Failures, Mortgage Bond Yields Drop

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Mortgage-Bond Yields That Guide Loan Rates Fall to 3-Week Low – Bloomberg

Ex-WaMu CEO defends bank’s actions before failure – AP

California Enacts Mortgage Forgiveness Tax Relief – The Truth About Mortgage

Saxon Sells Subprime Servicing Rights to Ocwen – HousingWire

Top US banks face $30bn of mortgage losses, warns CreditSights – Telegraph

A Good Faith Issue: New Form Confuses Borrowers – NY Times

Banks Deploy Armies of Staff to Mortgage-Default Front – WSJ

BofA exec delivers bleak mortgage stats to Congress – Business Journals

HUD Institutes Foreclosure Moratorium for Rhode Island Storm Victims – DSNews

Experian announces new requirements for brokers and net branch companies – National Mortgage Professional

New Freddie Mac CEO Earned $800,000 Last Year – Moneynews

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Written by mortgagelink

April 13, 2010 at 5:20 pm

Posted in Mortgage News

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