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 08/17/07 | 6.62% | 6.30% | 6.35% | 0.0567 | 1929.6 | 464.9 |
Week ending 08/10/07 | 6.59% | 6.25% | 6.33% | 0.0565 | 1881.1 | 447.4 |
One Year Ago | 6.52% | 6.20% | 6.18% | 0.0565 | ||
Refinancings made up 39.9% of the total volume of mortgage loan applications, remaining from 39.9% last week.Base period for indexes 3/16/90 = 100 | ||||||
-
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