Tag: mortgage
Mortgage REITs May Appeal to Income-Loving Investors
Uncertainty about the Fed's next interest rate move has increased volatility in the overall real estate investment trust...
Bank of America Flips 180 Degrees on $6 Billion Bad Mortgage Hit
This morning, Bank of America (BAC) provided a great example of just how quickly a bank can go...
Cannibalizing REITs for a Bigger Pay Day
In AGNC's most recent earnings conference call, CEO Gary Kain announced that the company had begun purchasing common...
Home Foreclosure Rates Fall to Lowest in Six Years
National home foreclosures finished 2013 at 1.04 percent -- the lowest rate since 2007 -- and close to...
Shrinking Inventory Helps Boost Home Prices in Many U.S. Cities
A dwindling inventory of foreclosed properties has helped restrict the supply of homes for sale, pushing up prices...
Underwater Mortgage Insurance, Because Negative Equity is Becoming Widespread
Over 20% of all homeowners with a mortgage still owe more money in their mortgage than their homes...