Mortgage application defects keep rising

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore
W S

Which banks have mortgage risk?

/ Print / Reprints /
| Share More
/ Text Size+
It’s no secret that Bank of America has been hammered by the foreclosure fiasco and the related worries that banks are going to be forced to buy back bad mortgage-backed securities both from Fannie and Freddie — so-called agencies — and from other investors in the so-called “private label” market. It’s a tough issue for investors and analysts to get their arms around. Credit Suisse analyst Moshe Orenbuch takes a crack at it in a note published Tuesday.

Recent Articles by Jon Prior

Comments powered by Disqus