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The Ex-Goldman Trader Who Correctly Shorted Subprime Mortgages During The Financial Crisis Has Made A New Bet
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When Josh Birnbaum was at Goldman Sachs in...
 
Farrell: Reverse mortgages are worth another look
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Q: My husband and I are 79 years old, retired, healthy and still living in our home. We have no mortgage and no debt … and draw only the minimum required annual disbursement.
 
Muscovites With Dollar Mortgages Protest Outside SocGen Bank
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Customers protested outside Societe Generale SA (GLE) ’s DeltaCredit Bank in Moscow today, demanding relief from the rising cost of repaying home loans taken out in dollars.
 
Big jump in mortgage approval numbers in the three months to November
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A total of 2,752 mortgages were approved per month, on average, in the three months to the end of November, up almost 53% on the same time last year.
 
Fannie Mae, Freddie Mac detail plans for 3% down-payment mortgages
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Housing finance giants Fannie Mae and Freddie Mac on Monday detailed plans to once again back mortgages with down payments as low as 3%, saying the move to make home ownership more accessible contains safeguards to protect against abuses that led to the subprime housing market crash.
 
Underwater mortgages falling as home prices rise
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Widespread home price increases have helped more South Floridians break free of burdensome mortgages, a new report shows.
 
Qualifying for reverse mortgages will become harder
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Are reverse mortgages headed in reverse? Based on forthcoming federal rule changes for seniors who expect to apply for one, you might think so. But as a taxpayer, you might say bravo: Toughening up qualification standards — including such basics as checking applicants' credit, income...
 
Commercial-Property Bond Sales Rise, Loan Standards Fall
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Wall Street firms that package commercial mortgages into bonds are recovering from a first-half issuance swoon as they recoup business lost to insurers and commercial banks amid concern that lending standards are being lowered.
 
The Next Challenge For Mortgage Lending?
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Regulators and lenders say that they've made major progress that should enable more Americans to get mortgages next year. But one major problem that could hold lending back has yet to be addressed, according to a research paper released by the Urban Institute this week.
 
UK banks approve fewest mortgages since May 2013 - BBA
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LONDON - British banks approved 37,076 mortgages for house purchase in October, the lowest number since May last year, as the housing market continued to slow, the British Bankers' Association said on Tuesday. Mortgage approvals for house purchase fell from 39,127 in September, 16 percent down from the same time a year ago and almost a quarter below the peak reached in January, the BBA said ...