Breaking News This Morning ... Charges Filed: The U.K.'s Serious Fraud Office has charged former UBS and Citibank trader Tom Hayes with eight counts of... Read More
The fees Fannie and Freddie charge to cover credit risk on mortgages have been surging. Large segments of the market may soon be fair game for securitization without federal backing.
Banks have hired thousands of employees to handle a crush of work from mortgage refinancing. The big question looming is what to do with those "permanent" employees once the refi market cools down.
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