Posts Tagged “Monday Morning”

News Sources wrote an interesting post today on
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Banks Sued for Mortgage Losses by InsurersHousing WatchEach securitization includes pools of mortgages between approximately 8000 and 48000 mortgage loans. The bond insurer guarantees the monthly payments and …Monday Morning Cup of Coffee Housing Wireall 2 news articles »

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webmaster@technorati.com wrote an interesting post today on
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Earthtimes (press release)

Monday Morning Cup of CoffeeHousing WireThe Interactive Mortgage Advisors (IMA) offered a $196m Fannie Mae (FNM: 1.01 0.00%) bulk servicing offering. IMA is a brokerage for mortgage loan servicing …Extreme Measures Needed To Prevent Strategic Defaults Says FDIC Chair NuWire InvestorBair seeks upfront levy on big banks Financial Timesall 76 news articles »

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News Sources wrote an interesting post today on
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HAMP Trials Keep Risk Weighting, FDIC RulesHousing WireA mortgage risk weighted at 100% prior to modification should continue to be weighted at 100% during and after the trial period, including loans 90 or more …Monday Morning Cup of Coffee Housing Wireall 2 news articles »

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News Sources wrote an interesting post today on
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“It does gall you. Just because we’re a little bitty county doesn’t mean we don’t need a bank. It wasn’t our fault.” – Hazel Bedingfield, 79, who now travels 24 miles for her Social Security payment at her new bank You deposit your paycheck on Friday and can’t get money out on Saturday. But don’t worry, the FDIC will cut you a check on Monday morning. Your county commissioner tells the evening news: “The bank failure opens up an opportunity for another bank to set up here. Until then, c

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News Sources wrote an interesting post today on
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In a move to expand its market share among low deposit borrowers, state-owned Kiwibank announced it would remove the 20% deposit condition it had on home loans as well as an extra condition it had for low equity borrowers. Effective from Monday morning, the move may bolster Kiwibank’s share of the mortgage lending market, with many now saying the slump in New Zealand’s housing market has bottomed out before the traditional spring buying season. In the last quarter of 2008, Kiwibank grew its mo

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