Posts Tagged ‘Pulte Homes’

Jumbo Mortgage Bonds Hurting, Who Pays For Bank Failures?, $1m+ Home Sales Decline, Dow <10k?

Still Hard Times For Jumbo MBS Why wouldn’t investors want to gobble up securities made up of jumbo loans? Well, how about delinquencies? In a story out of Business Week, “US prime jumbo mortgages at least 60 days late backing securities reached 9.6% in January from 9.2% in December, the 32nd straight increase for “serious [...]

 
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