Archive for July, 2007

Federal Judge Rejects Homeowners’ Lawsuit Against Major Mortgage Registry (Law.com)

Tuesday, July 31st, 2007

A federal judge has dismissed a proposed class action lawsuit filed by homeowners who cast doubt on the legitimacy of the nation’s leading mortgage registration firm to represent lenders in foreclosures. The judge ruled that Mortgage Electronic Registration Systems did not misrepresent itself or hide its role as a nominee for mortgage lenders. The decision is a major victory for the mortgage …

Original post by Yahoo! News Search Results for mortgage

Top Defensive Plays, Low-Beta Beauties

Tuesday, July 31st, 2007

With equity markets wobbling, S&P thinks investors should move toward stocks with low volatility and high dividend yields

Original post by AnthonyK

Jittery Stock Market Drops as Mortgage Fallout Spreads (New York Times)

Tuesday, July 31st, 2007

With little respite on the horizon, the mortgage market was hit with another wave of a bad news Tuesday.

Original post by Yahoo! News Search Results for mortgage

Mortgage Protection Insurance: What to Look Out For

Tuesday, July 31st, 2007

Mortgage Payment Protection Insurance (MPPI) is a form of insurance designed to cover your mortgage payments, in case anything happens to cause you to lose your income.

You may find that wh…

Original post by default@goarticles.com (SeanH)

Another Bear Stearns hedge fund hit by losses in mortgage market (Market Watch)

Tuesday, July 31st, 2007

SAN FRANCISCO (MarketWatch) — Another Bear Stearns hedge fund has been hit by turmoil in the mortgage market.

Original post by Yahoo! News Search Results for mortgage

Fitch Rates $1.7B Lehman XS Trust, Mortgage P-T Ctfs, Series 2007-15N (FinanzNachrichten)

Tuesday, July 31st, 2007

::► Fitch Rates $1.7B Lehman XS Trust, Mortgage P-T Ctfs, Series 2007-15N◄:: Fitch rates Lehman XS Trust mortgage pass-through certificates, series 2007-15N as follows: Group II –$1.5 …

Original post by Yahoo! News Search Results for mortgage

Fitch Rates $1.7B Lehman XS Trust, Mortgage P-T Ctfs, Series 2007-15N (Business Wire via Yahoo! Finance)

Tuesday, July 31st, 2007

NEW YORK—-Fitch rates Lehman XS Trust mortgage pass-through certificates, series 2007-15N as follows:

Original post by Yahoo! News Search Results for mortgage

Fitch Rates $516.2MM Morgan Stanley Mortgage Loan Trust Mtge P-T Cfts, Series 2007-12 (Business Wire via Yahoo! Finance)

Tuesday, July 31st, 2007

NEW YORK—-Fitch rates Morgan Stanley Mortgage Loan Trust mortgage pass-through certificates, Series 2007-12 as follows:

Original post by Yahoo! News Search Results for mortgage

Fitch Rates CWMBS $363.6MM Mtge P-T Ctfs Series 2007-HY5 (Business Wire via Yahoo! Finance)

Tuesday, July 31st, 2007

NEW YORK—-Fitch rates CWMBS, Inc.’s Mortgage Pass-Through Certificates, CHL Mortgage Pass-Through Trust 2007-HͿ as follows: $350,719,100 classes 1-A-1, 1-A-2, 2-A-1, 2-A-2, 3-A-1, 3-A-2 and A-R certificates ‘AAA’; $6,013,000 class M ‘AA+’; $2,550,000 class B-1 ‘AA-’; $1,458,000 class B-2 ‘A’; $2,186,000 privately offered class B-3 ‘BB′; $729,000 privately offered class B-4 ‘B′;

Original post by Yahoo! News Search Results for mortgage

Fitch Rates $293.9MM Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3 (FinanzNachrichten)

Tuesday, July 31st, 2007

The ‘AAA’ rating on the senior certificates reflects the 3.60% subordination provided by the 1.60% non-rated M-1 class, the 0.70% non-rated M-2 class, the 0.40% non-rated M-3 class, the 0.40% non-rated, non-offered class B-1 class, the 0.30% non-rated, non-offered class B-2 class and the 0.20% non-rated, non-offered class B-3 class.

Original post by Yahoo! News Search Results for mortgage