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ResCap to Pay Fannie Mae $298 Million to End Objection
Posted to: Around The Web
Thursday, January 24, 2013 5:57 AM

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ResCap to Pay Fannie Mae $298 Million to End Objection Businessweek Residential Capital LLC, the mortgage company liquidating assets in bankruptcy, agreed to pay $297.6 million to end opposition by government-run loan investor Fannie Mae to the sale of ResCap's main business. The Federal National Mortgage Association ...

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Mortgage Rates:
  • 30 Yr FRM 3.77%
  • |
  • 15 Yr FRM 2.93%
  • |
  • Jumbo 30 Year Fixed 3.88%
MBS Prices:
  • 30YR FNMA 4.5 107-04 (-0-03)
  • |
  • 30YR FNMA 5.0 107-30 (-0-03)
  • |
  • 30YR FNMA 5.5 108-13 (-0-01)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
  • |
  • Refinance Index 2.80%
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