The American Securitization Forum has detailed possible ways regulators could merge mortgage-backed securities offered by Fannie Mae and Freddie Mac in order to close the pricing gap between the two. The market discounts Freddie securities on the belief these bonds prepay faster because of differences in...
Read MoreOne of the nicest things about the state of Texas is the amount of time that can be spend outside. Texas does not have the extreme cold weather and snow that exists in other parts of the United States, so spending time in the backyard...
Read MoreThere is uncertainty in the housing market and there is no doubt that obtaining a loan can be tedious and elusive to some. There are pros and cons to renting a place just as there are pros and cons to owning a home. Renting has...
Read MoreWhat is the wisdom advanced by paying your mortgage principal early? There are many reasons why people pay off a mortgage early. They may want to be debt-free, for example. They may want the house paid off before retirement. From a strictly financial point of view,...
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