Monday, March 19, 2007

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Santander to offer new delayed-repayment mortgage product (Market Watch)

Mon, 19 Mar 2007 16:52:31 GMT
MADRID (MarketWatch) -- Spain's Santander Central Hispano SA Monday said it will offer a new mortgage product that exempts homeowners from repayments of both loan principal and interest for one year after buying their property. Seeking to prolong the country's long-running mortgage boom, Spanish lenders are targeting younger customers and immigrants, many of whom were earlier priced out of the ...

Fremont General Gives Mortgage Staff Two-Month Dismissal Notice - Bloomberg

Mon, 19 Mar 2007 16:21:31 GMT


Canada.com
Fremont General Gives Mortgage Staff Two-Month Dismissal Notice
Bloomberg - 1 hour ago
Fremont announced March 2 that it hired Credit Suisse Group to help sell the mortgage business after being cited by the Federal Deposit Insurance Corp. for ...
Mortgage lenders get a lifeline, troubles linger Turkish Daily News (subscription)
Subprime mortgage woes create spillover effect Cherry Hill Courier Post
The Economic Hit from Housing Kiplinger.com
Asbury Park Press - San Francisco Chronicle
all 91 news articles


New Mortgage-Backed Securities ETF Introduced (SeekingAlpha via Yahoo! Finance)

Mon, 19 Mar 2007 08:23:55 GMT
Greg Newton submits: Cleantechs been a bit of a phenomenon in ETF-Land over recent months, so its nice to see that BGI Friday launched the worlds first toxic waste ETF. Specifically, it's the iShares Lehman MBS Fixed-Rate Bond Fund , based on the performance of investment grade fixed-rate mortgage-backed pass-through securities ... ]

Ahead of the Bell: Mortgage Insurance (AP via Yahoo! Finance)

Mon, 19 Mar 2007 12:41:18 GMT
As people miss payments on their mortgages more frequently, the insurers who write policies covering mortgage defaults will take a significant hit to earnings in 2007 but remain profitable, a Friedman Billings Ramsey analyst said Monday.

Mortgage and interest rate tips for 2007

17 Mar 07 23:35:00 UTC
Q-Notes - Many of us are hoping to finally get out of debt for 2007, especially after a year that saw interest rates and monthly payments rise across the nation. As real estate values sank, the average savings per family in the U.S. hit the lowest level since ...

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