Your Partner in Mortgage Financing...
(570) 402-1086
Mortgage News April 10,2008
TOP VIDEO NEWS
Apr. 9, 2008. 3:29 PM ESTCNBC's Charlie Gasparino has the latest details on potential write-downs at Merrill Lynch and CEO John Thain's effort to reduce the size of the bank's balance sheet. Apr. 9, 2008. 9:15 AM ESTA YouTube video from Mr. Mortgage on Lehman's mortgage practices. Apr. 9, 2008. 10:09 AM ESTMore on Barney Frank's Proposal to use the FHA to refinance trouble borrowers.MORTGAGE HEADLINES
Fed's Fisher Says Rate Cuts Not Fully Passed on to Borrowers
Wed, 9 Apr 2008 13:23:29 EST
Dallas Fed President Richard Fisher said the rate cuts delivered by the Federal Reserve have not been fully passed on to borrowers during a speech in San Antonio, Texas.
FHA on Shaky Ground
Wed, 9 Apr 2008 12:59:59 EST
House holds hearings on Frank legislation while Senate inches closer to passage of its own housing bill. Meanwhile, FHA admits it is in financial difficulties.
MBS 101
Wed, 9 Apr 2008
101-00 that is! Despite some ups and downs (minor) over the last few days, the FNMA 5.5% coupon seems like it is happy "hanging out" around 101-00 in price. If this price continues to show stability, it should translate into...
Fed's Kroszner Says Fannie Mae, Freddie Mac Should Increase Capital
Wed, 9 Apr 2008 07:27:57 EST
Testifying before the House Financial Services Panel on Wednesday, he said Fannie Mae and Freddie Mac need to increase their capital and that he supports legislation on the two mortgage insurers and the Federal Housing Administration.
More Rate Cuts Could Be Necessary from the Fed, Says IMF
Wed, 9 Apr 2008 07:21:55 EST
he International Monetary Fund said in a World Economic Outlook report that more rate cuts could be necessary from the U.S. Federal Reserve.
MBA Mortgage Applications Rebound in First Week of April
Wed, 9 Apr 2008 07:16:04 EST
Weekly mortgage applications in the United States rebounded Wednesday morning according to data from the Mortgage Bankers' Association, which said applications rose 5.4% in the week ending April 4.
Mortgage Rates Drift During Most Recent Survey Week
Wed, 9 Apr 2008 07:10:55 EST
Weekly Mortgage Market Report
http://www.mortgagesfirst.com
We can assist you...
Home Loans in the Market
RESIDENTIAL LOAN PROGRAMS
COMMERCIAL LOAN PROGRAMS
________________
________________
Resources/Add URL
Nationwide Lending mortage 1009 Staghorn Lane, Stroudsburg, PA 18360
1-570-402-1086 Fax: 1-570-992-8853 8 am to 6 pm ESTCopyright 1998- 2007 Mortgages First Associates. All rights reserved.
![]()