Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets
Prepayments for Fannie Mae’s 30-year fixed-rate securities fell 8 percent last month to a pace that would erase 21.6 percent of the debt in a year, the slowest since September, data released Feb. 6 by the Washington-based company show.
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Key moves for surviving low interest rates
Interest rates aren't budging anytime soon. That means it's time to rethink your financial strategy.
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Massive Mortgage Settlement a Win for Obama Administration
The $26 billion mortgage servicing settlement with the nation’s largest lenders that federal and state prosecutors announced Thursday is a much needed boost to the Obama administration’s dismal housing scorecard.
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Analysis: Italy refunding ordeal looks a little less daunting
MILAN (Reuters) - Italy's goal of refinancing some 90 billion euros of long-term debt by the end of April is beginning to look within reach after months when the weight of its debt burden looked likely to tip the euro zone even deeper into crisis. In spite of this month's mass downgrade of most euro countries by credit rating agency Standard & Poor's, Madrid romped through a debt sale on ...
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Denmark’s AAA to Survive Record Private Debt, Fitch, S&P Say
Denmark, home to the world’s biggest household debt burden, won’t lose its top credit rating any time soon as stable public finances and a current account surplus offset the risks, Fitch Ratings and Standard & Poor’s said.
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