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freddie mac announces prepayments in certain mortgage participation certificates
mclean, va., may 22, 2012 /prnewswire/ --Â freddie mac (otc:fmcc) announced today that certain of its mortgage participation certificates (pcs) will shortly experience prepayments in a total amount of approximately ...
tighter mortgage rules not enough in hottest real estate markets, oecd says
ottawa - moves by the federal government to tighten mortgage lending rules aren't doing enough to cool the housing market in the hottest regions in the country, the organization for economic co-operation and development said tuesday.
mortgage companies urged to introduce ach to their clients
mortgage companies must introduce the automated clearing house (ach) to their clients to make the collection of payments less cumbersome.
mortgage borrowers still underwater
despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.
