Finance
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Fannie Doesn’t Want New York Subprime, Either
Aug 22, 2008Following in the footsteps of Freddie Mac [stock FRE][/stock], Fannie Mae [stock FNM][/stock] said earlier this week that it would no longer purchase subprime loans fitting New York State’s new definition for the credit class. The decision by both GSEs to exit subprime loan purchases in New York comes on the heels of new legislation designed to protect borrowers from predatory lending practices.
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Prime Jumbos Showing Strain: S&P
Aug 22, 2008 -
Number 9: Columbian Bank and Trust
Aug 22, 2008 -
All-Day Loans
Aug 22, 2008 -
Mortgage REIT Insider: A Few Deals Still Getting Done
Aug 22, 2008 -
Merrill Poaches Another Trader, Lehman Sees Mortgage Head Bolt
Aug 22, 2008 -
Subprime Delinquencies Surge in July
Aug 21, 2008 -
Subprime RMBS, CDOs ‘Extinct,’ Says Moody’s
Aug 21, 2008 -
Rates Fall Slightly, but Spreads Rise: Bankrate
Aug 21, 2008 -
Outrage, Indifference Over FDIC’s ‘Bailout’ Plan
Aug 21, 2008 -
Recovery Proves Elusive for Many of Street’s Analysts
Aug 20, 2008 -
$292 Million in Non-Performing Mortgages Up For Sale
Aug 20, 2008
