Mortgage News Wire

The latest mortgage industry news dump.

More Billions Lost at Fannie, But Overall Late Pays Fall

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Fannie Posts $11.5bn Net Q1 Loss, Looks to Treasury for $8.4bn in Aid – HousingWire

Late payments on mortgages show surprising 1Q drop – AP

Wells Fargo mortgage lending practices probed – Marketwatch

Alt-A Delinquencies Drop For First Time Since 2006 -Fitch – WSJ

Volatile Yields on Mortgage Debt May Thwart Lending – Businessweek

AIG’s Mortgage Unit Posts First Profit Since 2007 – Bloomberg

1-in-6 O.C. homeowners have no equity – OC Register

Mortgage Insurer Turns to Lenders to Police Brokers – WSJ

Underwater Mortgages Stabilized in First Quarter: CoreLogic – HousingWire

FDIC: Bank failures cost $632M more than projected in ’09 – Bizjournals

Mortgage Rates vs Stock Market – The Truth About Mortgage

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Written by mortgagelink

May 10, 2010 at 6:50 pm

Posted in Mortgage News

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