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American Banker - On Focus and In Depth

Saturday, November 21, 2009, as of 01:53 PM EDT

Mortgages

30-Year Loan Rate Continues Declining

Bloomberg News |  Nov 20

The average rate for a 30-year, fixed home loan fell for the third straight week, offering a boost to potential buyers who may use a government tax credit to buy a home.

Commercial Realty Value Down in September

Bloomberg News |  Nov 20

Commercial property values fell in September as the recession boosted the jobless rate and reduced demand for apartments and office and retail space.

Infographic: Weekly Mortgage Wrap-Up

American Banker |  Nov 20

As Prime Loans Fail, 3Q Delinquencies Make Highs

American Banker |  Nov 20

In another dismal quarterly report, the Mortgage Bankers Association said Thursday that the share of all loans that were either 30 days or more delinquent or in foreclosure ...

Reverse Mortgage Lenders Fear 2nd Cut

National Mortgage News |  Nov 20

Still bristling from the FHA's decision in September to cut "principal limit factors" by roughly 10% across the board on Oct. 1, reverse mortgage lenders are now bracing for another ...

Green Tree Said to Win Servicing Rights

National Mortgage News |  Nov 20

Green Tree Servicing of St. Paul was the winning bidder for a $1B package of mortgage servicing rights recently auctioned by the FDIC, sources involved in the auction said.

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Viewpoint

Reform Plans Don't Look Forward

The chairman of First Mortgage says reforms that accelerate consolidation into the hands of a few megalenders would not be healthy for consumers.

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