30-yr Fixed Rate Mortgage | 15-yr Fixed Rate Mortgage | 5-yr Treasury Indexed ARMs | 1-yr Treasury Indexed ARMs | MBA Refi Index | Home Purchase Index | |
Week ending 12/01/06 | 6.14% | 5.87% | 5.95% | 0.0546 | 1749.6 | 406.7 |
Week ending 11/24/06 | 6.18% | 5.91% | 5.99% | 0.0549 | 1935.3 | 401.4 |
One Year Ago | 6.26% | 5.81% | 5.76% | 0.0516 | ||
Refinancings made up 46.9% of the total volume of mortgage loan applications,decreasing from 48.6% last week. Base period for indexes 3/16/90 = 100 | ||||||
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The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26 -
Seven of the loans, 27.7% of the pool balance, are secured by multiple properties or have a component of cross-collateralization, benefitting from greater cash flow stability.
March 26