| 30-yr Fixed Rate Mortgage | 15-yr Fixed Rate Mortgage | 1-yr Treasury Indexed ARMs | MBA Refi Index | Home Purchase Index | |
| Week ending 09/12/03 | 6.16% | 5.46% | 3.87% | 2883.6 | 408.8 |
| Week ending 09/05/03 | 6.44% | 5.77% | 3.98% | 1981.5 | 396.1 |
| One Year Ago | 6.18% | 5.59% | 4.32% | ||
| Refinancings made up 55.0% of the total volume of mortgage loan applications, increasing from 45.9% from last week. Base period for indexes 3/16/90 = 100 | |||||
Formerly of Wells Fargo, she will coordinate several key units to create a structure for a sustained capital markets program that capitalizes on recent innovation and growth in home equity finance.
The Structured Finance Association questions whether funding closed-end seconds is an appropriate role for the government-sponsored enterprise, while newer lenders welcome the liquidity support.
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
The bank is a top auto lender, with a managed portfolio of $7.1 million through December 2023, and has a strong servicing track record.
The initial protection amount, Moody's says, is 12.5% of the total reference pool and equals the principal amount of the rated and unrated issued notes.
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
