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...

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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...

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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...

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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...

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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...

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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...