Written by Fannie Mae portfolio grows, delinquencies decline
Fannie Mae (FNMA.OB) expanded it mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May, the largest U.S. home loan purchaser said on Friday. READ MORE »
Posts tagged mortgages
Analysis: The uncomfortable mathematics of monetary policy
Bigger, as the Federal Reserve may soon discover, is not always better. READ MORE »
Freddie: Mortgage Delinquencies Continued To Ease In August
Mortgage delinquencies on single-family homes eased in August from a month earlier, though they remained above prior-year levels, according to Freddie Mac (FMCC). READ MORE »
Stocks rise as concerns about Europe ease
NEW YORK — Stocks opened higher Wednesday as investors considered whether a $1 trillion bailout package would be enough to fix the Euro zone’s long-term debt problems. READ MORE »
Dollar Declines as Gain in Stocks on Fed Outlook Revives Demand for Risk
The dollar erased its increase versus a basket of currencies including the euro and yen as an advance in stocks on the prospect of more easing by the Federal Reserve revived demand for assets related to economic growth. READ MORE »