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Latest News
 
FHA Loan refinance upswing may be on the horizon

Mortgage activity tumbled for the second straight week, according to a survey released today by the Mortgage Bankers Association
 
Home Energy-Saving Tips Can Save You Big Money

Read on for all the easy tips and tricks to make your home more energy-efficient, plus the insight you need on how that energy translates to dollars.
 
House Panel Passes Mortgage Restructure Bill

By a 5-4 vote, a House Judiciary subcommittee has approved a controversial bankruptcy bill that would allow distressed homeowners to file for bankruptcy and get their mortgages restructured.
 
Ex-Hanover Exec Starts Firm to Invest in NPAs

Former Hanover Capital managing director George Ostendorf has launched a new firm to invest in distressed and illiquid mortgages.
 
Fitch Eyes Visage CDO Classes

Seven classes of notes issued by Visage CDO II Ltd., a hybrid collateralized debt obligation composed partly of residential mortgage-backed securities, have been placed on Rating Watch Negative by Fitch Ratings.
 
FBR: Credit of '07 Subprime MBS Not Improved

The credit performance of subprime mortgage-backed securities issued in 2007 is no better than that of the subprime MBS issued in 2006, according to a Friedman Billings Ramsey report that challenges the assumption that lenders became more conservative in their underwriting earlier this year.
 
Fitch Eyes Visage CDO Classes

Seven classes of notes issued by Visage CDO II Ltd., a hybrid collateralized debt obligation composed partly of residential mortgage-backed securities, have been placed on Rating Watch Negative by Fitch Ratings.
 

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