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Lenders in the NewsIndyMac trades first US mortgage bonds in 36 days | 2007-08-28The ability of IndyMac to just agree on prices for bonds with a buyer suggests the $7.2 trillion mortgage bond market that supplies money for most U.S. home loans is getting back on track, analysts said. Investors may now be more comfortable with high-rated mortgage bonds since yields are higher, lenders have strengthened underwriting standards and securities have greater protections against default, Nichols wrote. 2007-08-28 Source: Reuters Full Story
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Copyright ©2007 Offer Angel LLC All Rights Reserved. "Offer Angel" and "The Honest to Goodness Truth About Your Mortgage Offers" are service marks owned by Offer Angel LLC Other trademarks are the property of their respective owners. v55 |
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