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Fannie Adds Bailout For Underwaters Walkaways
Posted to: Around The Web
Sunday, January 27, 2013 7:23 PM

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Fannie Adds Bailout For Underwaters Walkaways: Mortgages Bloomberg Fannie Mae (FNMA) and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out ...

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Mortgage Rates:
  • 30 Yr FRM 4.02%
  • |
  • 15 Yr FRM 3.24%
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  • Jumbo 30 Year Fixed 4.20%
MBS Prices:
  • 30YR FNMA 4.5 106-27 (0-00)
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  • 30YR FNMA 5.0 108-11 (0-03)
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  • 30YR FNMA 5.5 108-31 (0-04)
Recent Housing Data:
  • Mortgage Apps -8.80%
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  • Refinance Index -12.30%
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  • NAHB Builder Confidence 4.76%
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