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Mortgage Financing Article

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CNN Money - NEW YORK (Dow Jones/AP) -- Home-mortgage lender Thornburg Mortgage Inc. disclosed Wednesday that its failure to meet a $28 million margin call caused a series of cross-defaults, and said that JPMorgan Chase Bank NA, which made the original margin ...

Thornburg defaults on financing pacts

Financial Times - The UK government will next week will seek to bolster the wholesale mortgage financing market through Budget proposals to give an official seal of approval for securitisations including only the safest mortgages. Alistair Darling, the chancellor of ...

UK seeks to ease mortgage funding

MSN MoneyCentral - ... hereby informs the market that it has entered into a partnership with Caixa Economica Federal to provide working capital loans and mortgage loans for buyers of residential properties, with total sales of around R$ 1.5 billion. This financing ...

Tecnisa and Caixa Economica Federal Sign R$ 1.5 Billion Financing ...

CNBC - LONDON (Thomson Financial) - UK Chancellor Alistair Darling will in effect grade mortgage lending in Britain and give an official seal of approval to the least risky loans under plans to reopen the market for wholesale mortgage financing, the ...

UK's Darling to revive mortgage securities - report

Forbes - LONDON (Thomson Financial) - UK Chancellor Alistair Darling will in effect grade mortgage lending in Britain and give an official seal of approval to the least risky loans under plans to reopen the market for wholesale mortgage financing, the ...

UK's Darling to revive mortgage securities - report

Silicon Valley - Within the next month or so, mortgage financing companies Fannie Mae and Freddie Mac will be able to back bigger loans, thanks to the recent economic stimulus bill.

10 things to know about Silicon Valley real estate - right now

Bloomberg - Congress created Washington-based Fannie Mae and Freddie Mac of McLean, Virginia, to expand homeownership by increasing mortgage financing. The companies may guarantee mortgages on single-family homes for as much as $417,000, a limit that this month ...

Agency Mortgage-Bond Spreads Reach 8-Year High, Hurt Consumers

Reuters - WASHINGTON (Reuters) - The two largest sources of U.S. mortgage financing agreed on Monday to sponsor a new home appraisal watchdog to prevent inflated home values. Fannie Mae (FNM.N: Quote , Profile , Research ) and Freddie Mac (FRE.N: Quote ...

Fannie, Freddie Agree to New Appraisal Standards

Chicago Tribune - WASHINGTON - First it was the lenders. Now it's the mortgage insurers: Product lines are being yanked off the real estate financing shelf, potentially squeezing large numbers of buyers and refinancers out of the marketplace. On Feb. 6, the oldest and ...

Mortgage insurers take cue from retrenching lenders

CNN Money - NEW YORK (CNNMoney.com) -- New worries about problems in mortgage and housing markets and a continued decline in the dollar ... late Wednesday that it was notified by JP Morgan Chase ( JPM , Fortune 500 ) that is was in default on a $320 million financing ...

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