Tuesday, August 5, 2008

Mortgage News

What is happening in mortgage lending today:
You will see lenders soon change their pricDelivery Charge and Flow Business Pricing Requirements https://www.efanniemae.com/sf/guidesing again. Fannie Mae just issued bulletin 08-18 Updated Adverse Market /ssg/annltrs/pdf/2008/0818.pdf

Time to lock in your mortgage rate Home buyers may find big savings in locking in mortgage interest rates.
http://money.cnn.com/2008/08/04/real_estate/mortgage_rate_lock/?postversion=2008080408

We can hope that the credit crisis has been over blown. Check out this article it was in Business Week and CNN Money
So far, insurers don't show big 2Q mortgage losses
http://www.businessweek.com/ap/financialnews/D92B06E80.htm

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