Mortgages, Loans, Refinance, Rates News

US insured mortgage defaults up 31 pct to recordReuters - 14 hours agoBy Jonathan Stempel NEW YORK, Feb 29 (Reuters) - Defaults on privately insured US mortgages rose 31.3 percent in January to the highest level on record, …Defaults on Insured Mortgages Rise 31%, Report Shows (Update1) BloombergS&P cuts Radian Insurance financial strength rating ReutersRadian Group Notes S&P Downgrade of Radian Insurance EarthtimesDetroit Free Press - Bizjournals.comall 16 news articles

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Life Style Extra

Fed's Mishkin: mortgage woes hurt all loan sourcesReuters - 1 hour agoWASHINGTON (Reuters) - Federal Reserve Governor Frederic Mishkin said on Friday that mortgage losses have caused an amplified pullback in bank lending, …Fed's Mishkin says credit crunch could cost US economy 0.34 pct … ForbesFed's Mishkin does not comment on policy in remarks Reutersall 20 news articles

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This is Money

Mortgage mess socks ex-Goldman Sachs starsCNNMoney.com - 1 hour agoA prescient wager on the collapse of the subprime mortgage bond market generated last year a whopping 87 percent return on their hedge fund, …Peloton to Liquidate ABS Fund After Mortgage Losses (Update4) BloombergPeloton Lays Blames on Wall Street Lending Crackdown (Update2) BloombergPeloton Partners Liquidating Fund Wall Street JournalProperty Week Newsall 47 news articles

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Mortgage meltdown costs Orlando airport $12 millionBizjournals.com, NC - 56 minutes agoORLANDO — The housing mortgage meltdown has landed at Orlando International Airport with a thud, bringing $12 million in unwanted financial baggage. …

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Transfer of capital under reverse mortgage not under tax: GovtHindu, India - 1 hour agoNew Delhi (PTI): The government on Friday made it clear that the loan under Reverse Mortgage Scheme will not be considered as transfer of capital, …

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