Topic: Mortgage Banking and Services

Rates on 30-year home loans fall to 4.93 pct

<div id="subtitle">Rates on 30-year mortgages drop to 4.93 pct, second straight weekly decline</div><div><p>Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year's record ...
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Rates on 30-year mortgages average under 5 pct

<div id="subtitle">Average rates on 30-year fixed mortgages slip below 5 percent this week</div><div><p>Rates on 30-year fixed mortgages fell slightly this week, dipping below 5 percent, the mortgage financier Freddie Mac said Thursday.</p>&lt ...
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US Earns Fannie Mae

US Earns Fannie Mae
FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Mortgage financier Fannie Mae reported in late January, 2010, that the rate of borrowers who have a conventional loan on a house and are seriously delinquent was 5.29 ...
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Fannie, Freddie to start buying back bad loans

<div id="subtitle">Mortgage financiers to buy back soured loans contained in mortgage-backed securities</div><div><p>Government controlled mortgage finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they have already sold ...
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