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So just like always, the mortgage brokerconnects the family with a lender and a mortgage making his commission. Thefamily buys a big house. The lender sells the mortgage to the investmentbanker, who turns it into a CDO, and sells slices to the invest
Getting a Mortgage Loan Kiko: Figuring out how to fill out this mortgage loan application is like trying to read a foreign language. I dont know what all these terms mean. Rafael: Lets see if we can figure it out together. I think we want a fixed-rat
LESSoN ELEVEN TEXT A The Great American Garage Sale Not long ago, Charles Erickson and his family decided to do some spring housecleaning. __ (Sort) through their possessions, they came up with some 1
U.S. lawmakers challenged former top executives of major government-backed mortgage finance companies to explain why they took on billions of dollars in risky loans. Questioning of the former heads of Fannie Mae and Freddie Mac came as a House of Re
WASHINGTON, Aug. 16 (Xinhua) -- U.S. fixed mortgage rates this week edged up for the third straight week following recently released stronger economic data, according to the Primary Mortgage Market Survey released Thursday by Freddie Mac. The mortgag