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Flagstar Must Pay $90.1 Million to Bond Insurer, Judge Rules
Posted to: Around The Web
Tuesday, February 05, 2013 5:22 PM

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Flagstar Must Pay $90.1 Million to Bond Insurer, Judge Rules Businessweek Flagstar Bancorp Inc. (FBC) must reimburse Assured Guaranty Municipal Corp. $90.1 million the bond insurer paid when home-equity loans underlying two Flagstar mortgage- backed securities defaulted, a federal judge said. U.S. District Judge Jed Rakoff, ... and more »

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Mortgage Rates:
  • 30 Yr FRM 3.81%
  • |
  • 15 Yr FRM 2.97%
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  • Jumbo 30 Year Fixed 3.93%
MBS Prices:
  • 30YR FNMA 4.5 107-05 (-0-01)
  • |
  • 30YR FNMA 5.0 108-02 (-0-01)
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  • 30YR FNMA 5.5 108-14 (0-00)
Recent Housing Data:
  • Mortgage Apps -9.77%
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  • Refinance Index -11.66%
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  • NAHB Builder Confidence 4.76%
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