Borrower recourse a hot issue in mortgage transactions
Mortage 101 - Jan 30, 2006 of transaction on which the government provides borrowers with effective recourse is a refinance with any lender but the one holding the existing mortgage.
American Home Mortgage Announces Fourth Quarter Results
PR Newswire (press release), NY - Jan 26, 2006 0.03 0.07 Loan Origination Segment: Loan originations ($ billions) 13.6 6.7 45.3 23.0 Refinance 51% 46% 47% 48% ARM 50% 55% 50% 49% Average mortgage loans, net
Mortgage rates fall to 3-month lows
Detroit Free Press, United States - Jan 20, 2006 The Mortgage Bankers Association said this week that its index of applications to buy a home or refinance an existing mortgage increased 2.2% to 613.3 from
Omega Announces Senior Unsecured Debt and Preferred Stock Rating
Black Enterprise, NY - 6 hours ago derived from the company's predictable rental stream, with modest lease/mortgage rollover, no to mature in 2007, thus eliminating any near-term refinance risk.
Application Volume Up In Latest Survey
Originator Times - Jan 25, 2006 The refinance share of mortgage activity decreased to 42.8 percent of total applications from 44.0 percent the previous week. The