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The Second-Mortgage Shell Game
Posted to: Around The Web
Monday, February 18, 2013 7:00 PM

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IN January, federal regulators announced an $8.5 billion agreement with 10 mortgage servicers to settle claims of foreclosure abuses, including bungled loan modifications and the wrongful evictions of borrowers who were either current on their payments or making reduced monthly payments.

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Mortgage Rates:
  • 30 Yr FRM 3.81%
  • |
  • 15 Yr FRM 2.97%
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  • Jumbo 30 Year Fixed 3.92%
MBS Prices:
  • 30YR FNMA 4.5 107-07 (0-01)
  • |
  • 30YR FNMA 5.0 108-03 (0-00)
  • |
  • 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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