The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the …
The OCI also approved a change in subsidiary MGIC Indemnity Corp.’s business … MGIC does not meet minimum capital requirements similar to those waived by the OCI and does not obtain a waiver of those requirements from that jurisdiction’s regulatory …
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘A’ rating to South Carolina Electric & Gas Company’s (SCE&G) new $150 million issue of first mortgage bonds, 5.5% series due Dec. 15, 2039. Proceeds from the offering will be used to fund …
Millions of Americans owe more on their homes than they’re worth. With housing prices dropped up to 50-percent and banks moving at a snails pace to modify loans, one law professor is examining the pros and cons of the default option. He says people …
The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the …
Mortgage interest rates have dropped to an all-time low, which experts say could cheer the depressed South Florida housing market. The average for a 30-year fixed-rate mortgage fell to 4.71, Freddie Mac , the federally run mortgage finance company …
MGIC (NYSE:MTG) said the Office of the Commissioner of Insurance for the State of Wisconsin, or OCI, waived a requirement that its main subsidiary, Mortgage Guaranty Insurance Corporation, keep a specific level of minimum regulatory capital to write …
The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the …
The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the …
… have agreed to restructure about $9.7 billion in shopping mall mortgage loans … Growth says the Bankruptcy Court of the Southern District of New York is set to confirm its reorganization plan on Dec. 15. General Growth Properties Inc.
