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Bernanke Voiced Alarm Over Credibility of Ratings Firms
Posted to: Around The Web
Tuesday, February 05, 2013 11:01 AM

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Bernanke Voiced Alarm Over Credibility of Ratings Firms Businessweek Federal Reserve policy makers including Chairman Ben S. Bernanke voiced alarm in August 2007 over a loss of investor confidence in ratings companies, warning that the declining credibility could worsen market turmoil. "There is an information fog" that "is ...

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Mortgage Rates:
  • 30 Yr FRM 4.14%
  • |
  • 15 Yr FRM 3.36%
  • |
  • Jumbo 30 Year Fixed 4.25%
MBS Prices:
  • 30YR FNMA 4.5 106-14 (-0-13)
  • |
  • 30YR FNMA 5.0 108-01 (-0-10)
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  • 30YR FNMA 5.5 108-20 (-0-11)
Recent Housing Data:
  • Mortgage Apps -3.25%
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  • Refinance Index -3.43%
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  • Purchase Index -3.04%
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