Archive for the Economics Category

Five factors play key roles in mortgage application – Sun, 03 Jul 2011 PST

NEW YORK — There’s rarely been a better time to buy a home. If only you could get approved for a mortgage

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Fitch Affirms PNC Mortgage Acceptance Corp., Series 2000-C1

Fitch Ratings affirms PNC Mortgage Acceptance Corp., series 2000-C1. A detailed list of rating actions follows the end of the press release.

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‘Mortgage Approved!’ 5 factors that make it happen

NEW YORK — There’s rarely been a better time to buy a home. If only you could get approved for a mortgage.

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$8.5 billion deal near in suit on bank mortgage debt

Bank of America is near a deal to settle a suit by investors who bought securities that soured.

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Greece Shows That Banks Need to Raise Capital: Cramer

Any bank with serious mortgage losses or prospects of losses, and any bank that has credit default swaps or peripheral sovereign bonds as part of a global effort to be ‘relevant’ to Greece should be raising capital. Click to view a price quote on BAC . Click to research the Banking industry.

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Housing strong, stable or stagnant?

Melissa Clements holds her “Reduced Price” for-sale sign in front of her home in Youngsville on June 8. She and her husband have been trying to sell their house since October 2010.

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How An Investor Like John Paulson Can Walk Into Disaster Like Sino-Forest

Much has been made of the John Paulson’s Sino Forest loss. Many snide remarks have been made parsing John Paulson’s letter.

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Look to the minnows for the best mortgage and savings deals

All across the country small regional building societies are bettering their bigger rivals, offering their local customers branch-based market leading rates

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MBA Study Shows First Quarter 2011 Mortgage Banker Production Profits Slide as Volume Drops

RISMEDIA, June 24, 2011—Independent mortgage banks and subsidiaries made an average profit of $346 on each loan they originated in the first quarter of 2011, down from $1,082 per loan in the fourth quarter of 2010, according to the Mortgage…

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