Mortgage prepayment speeds may rise with the strong U.S. rate rally, and that may be cause for alarm for mortgage investors. Aggregate prepayment speeds for the Fannie Mae 30-year universe have risen.
Ditech has signed agreements to sell its mortgage servicing rights to New Residential Investment Corp. — which is managed by Fortress Investment Group LLC — for about $1 billion and to sell its.
Bankrupt mortgage servicer ditech holding. ditech and the consumer creditor group reached an agreement that creates a $10 million fund for claims holders and requires the appointment of a special.
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30 Reasons Why 2011 Is Going To Be Another Crappy Year For America’s Middle Class The question then is why, given that people with higher incomes are more likely to vote than those with lower incomes and the middle class is shrinking. The real reason why the middle class seemingly gets such an out-sized share of attention may have to do with how it formed and what it means to American ideals.