New York Fed Begins Purchases of Agency Mortgage Debt (Update3)
Jan. 5 (Bloomberg) -- The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market.
Read more News Source - Bloomberg
Publish date - 23:39:06 01/05/09

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Amlak-Tamweel merger to boost mortgage business
Abu Dhabi: The merger of two largest Islamic mortgage providers in the UAE - Amlak Finance PJSC and Tamweel PJSC into a newly created $8 billion lender will ensure the mortgage business thrives in the country in the years ahead, investment bankers told Gulf News on Sunday.
Read more News Source - Zawya
Publish date - 05:21:15 01/05/09

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Estonia May Give Troubled Homeowners Mortgage Help (Update1)
Jan. 5 (Bloomberg) -- Estonia’s government is considering helping indebted homeowners cover interest payments on their mortgages as losing homes may this year become a “serious problem,” Finance Minister Ivari Padar said.
Read more News Source - Bloomberg
Publish date - 15:26:14 01/05/09

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RE-FINANCE YOUR HOMES RIGHT NOW
Dear John: I'm a longtime reader and you don't get enough credit for your humor. I just visited my bank to see if I could re-finance my mortgage and what the rate would be. I found out it is now 5 percent on a 30-year loan. I am currently paying...
Read more News Source - New York Post
Publish date - 11:33:29 01/04/09

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BOND REPORT: Treasurys Move Higher As Fed Buys Mortgage Bonds
Short-term Treasurys gained Monday, pushing yields down after the Federal Reserve said it had begun buying mortgage-backed securities. Gains were limited and longer-term yields rose, however, due to concern about increasing government-debt issuance starting with $166 billion this week.
Read more News Source - Nasdaq
Publish date - 22:52:43 01/05/09

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Courson picked to lead Mortgage Bankers Association
John Courson, the chief operating officer of Mortgage Bankers Association, on Monday was named president and chief executive officer of the national association.
Read more News Source - BizJournals
Publish date - 19:12:06 01/05/09

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BOND REPORT: Treasurys Up As Fed Buys Mortgage Bonds
Treasurys were mostly higher Monday, pushing yields down after the Federal Reserve said it had begun buying mortgage-backed securities. Gains were limited, however, amid concern about increasing government debt issuance starting with $166 billion this week.
Read more News Source - Nasdaq
Publish date - 16:39:03 01/05/09

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BOND REPORT: Treasurys Up As Fed Buys Mortgage Bonds
Treasurys were mostly higher Monday, pushing yields down after the Federal Reserve said it had begun buying mortgage-backed securities. Gains were limited, however, amid concern about increasing government debt issuance starting this week.
Read more News Source - Nasdaq
Publish date - 15:38:03 01/05/09

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Jumbo mortgage loan rates put damper on refinancing
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions.
Read more News Source - Boston Globe
Publish date - 09:53:22 01/05/09

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Groups say changes leave loopholes for mortgage lenders
WASHINGTON, D.C. and#8212; The nation's largest organizations of professional real estate appraisers have voiced concerns about the revised Home Valuation Code of Conduct (appraisal code) released by the Federal Housing Finance Agency and Fannie Mae and...
Read more News Source - Portsmouth Herald
Publish date - 11:04:33 01/05/09

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