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Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle...
EconoTimes· 3 days agoThere are 8.5 million households in the UK who own a home with a residential mortgage, often with...
China to Let Local Governments Buy Homes, Cut Mortgage Rates to Revive Property Sector
US News & World Report· 15 hours agoChina will cut interest rates of mortgage loans and down-payment ratios for homebuyers to boost lacklustre property demand, according to three statements released by its central ...
Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy
Financial Post via Yahoo Finance· 3 days ago“A 10‑year mortgage term would also make the stress test less necessary.” Shorter-term mortgages...
GLD: Burry Magnifies Physical Gold ETF Interest
etf.com via Yahoo Finance· 1 day agoHedge fund manager Michael Burry, famous for his “big short” during the subprime mortgage crisis starting in 2007, has turned his attention to an...
NYCB to sell $5B in mortgage warehouse loans to JPMorgan - HousingWire
HousingWire· 2 days agoNew York Community Bancorp, the parent of Flagstar Bank, said it’s still committed to the home loan...
What Is The Secondary Mortgage Market?
Consumer Affairs· 3 days agoWhen you get a mortgage from a lender, it’s usually sold on the secondary mortgage market. Mortgages are packaged and securitized into ...
China Is Finally Getting Serious About a Housing Rescue
The Wall Street Journal via Yahoo Finance· 8 hours agoMost Read from The Wall Street Journal The package also includes scrapping minimum interest rates on...
‘Big Short’ investor Michael Burry piles into physical gold fund, making it his biggest bet
CNBC· 2 days agoBurry, who now manages hedge fund Scion Asset Management, bought more than 440,000 units of the...
China unveils 'historic' steps to stabilise crisis-hit property sector
Reuters via Yahoo Finance· 19 hours agoBEIJING/HONG KONG (Reuters) -China announced "historic" steps on Friday to stabilise its crisis-hit...
NYCB Sells $5 Billion in Loans to JPMorgan
PYMNTS.com· 2 days agoNew York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to...
