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What You Need To Know About Changing Debt-To-Income Ratio, Mortgage Qualifications
Thursday, July 25, 2019 - 5:53pm | 603Fannie Mae, Freddie Mac and Ginnie Mae control about 70% of single-family mortgage originations. Although they are not quick to change the qualification standards, the government-sponsored enterprises frequently play with the debt-to-income ratio, or DTI. What The Ratio Means For...
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Get A Mortgage To Pay You With This ETF
Tuesday, May 30, 2017 - 4:22pm | 599Investors who remember the role various real estate-related securities played in global financial crisis may be skittish about embracing an exchanged-traded fund dedicated to mortgage-backed securities, but some funds dedicated to this asset class are relatively low risk and offer investors an...
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The Many Facets Of Mae And Mac
Monday, April 24, 2017 - 7:07am | 748In addition to headline-grabbing issues such as healthcare and tax reform, one of the major issues President Donald Trump is facing in office is how to handle government-sponsored enterprises Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC). Since...
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Treasury And Mortgage Bond ETFs Hit New Highs
Wednesday, October 15, 2014 - 1:36pm | 470The selloff in stocks has erased all of the gains on Wall Street this year as the S&P 500 Index dipped into the red for 2014. In just a few short weeks, sellers have taken control of the momentum in equities and significantly altered the tone of the markets. As a result of...
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Ginnie Mae To Big Banks: Show Us Your Mortgages. But Can They?
Thursday, April 17, 2014 - 3:06pm | 865The Government National Mortgage Association (Ginnie Mae) recently discovered that Bank of America (NYSE: BAC) is missing key documents relating to mortgages the bank services for it, Kate Berry reported for National Mortgage News. Because Bank of America is missing so many documents, Ginnie...