New role for Boston Fed
Story date: 2007-10-10 11:21:00
Added on: 2007-10-11 07:00:32
Boston Globe - ... mortgage borrowers who may be candidates for refinancing into more conventional loans by banks. Some are people with relatively high credit scores, borrowers who are making payments every month on old teaser loans with rates higher than current ...
Read more...
Related Stories:
-
Analysis: US mortgage refinancing offers hope of stability
Financial Times - This means borrowers in more than 60 per cent of outstanding conventional mortgages, representing about $2,700bn, have an incentive...
2008-01-29 01:22:00 -
Borrowers passing on adjustable rates
Riverside Press Enterprise - Those numbers compare with 86 percent and 85 percent refinancing into fixed-rate loans in the second quarter ......
2007-11-25 03:22:00 -
Fed tries to curb excesses in loans
Boston Globe - The Federal Reserve moved yesterday to limit mortgage industry practices that led to an explosion in foreclosures, including paying...
2007-12-18 11:23:00 -
Boston Fed expands mortgage relief program - Boston Globe
Another 45 New England banks have joined an initiative to refinance local borrowers into more affordable loans. The Mortgage Relief Fund is...
2008-06-05 11:57:00 -
Fed tries to curb excesses in loans (Boston Globe)
The Federal Reserve moved yesterday to limit mortgage industry practices that led to an explosion in foreclosures, including paying bonuses to brokers...
2007-12-19 12:50:17 -
Mortgage pressure drives up refinancing - News.com.au
More borrowers are refinancing home loans to get better deals There's a growing shift back to variable rate loans Calculator : Compare...
2008-08-25 02:46:00 -
You Call This a Recession?
BusinessWeek - Mortgage rates have dropped down to the lowest level since 2004, with the 30-year conventional rate at 5.7%. But this...
2008-01-25 02:45:00 -
Countrywide to offer mortgage refinancing
AZCentral.com - ... Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing...
2007-10-23 08:07:00
