Comments on: Share prices sinking late in the session http://www.forexlive.com/83403/all/share-prices-sinking-late-in-the-session Tomorrow’s conventional wisdom today! Sat, 31 Jul 2010 03:59:30 -0400 http://wordpress.org/?v=2.8 hourly 1 By: CHRIS http://www.forexlive.com/83403/all/share-prices-sinking-late-in-the-session/comment-page-1#comment-31177 CHRIS Mon, 08 Feb 2010 23:01:20 +0000 http://www.forexlive.com/?p=83403#comment-31177 Jumbo Mortgage ‘Serious Delinquencies’ Rise to 9.6% U.S. prime jumbo mortgages at least 60 days late backing securities reached 9.6 percent in January from 9.2 percent in December, the 32nd straight increase for “serious delinquencies,” according to Fitch Ratings. Jumbo home loans are larger than government-supported mortgage companies Fannie Mae or Freddie Mac can finance. Their limits now range from $417,000 in most places to as much as $729,750 in high-cost areas. Loans in jumbo securities can be smaller than those amounts if they were issued in earlier years. Non-agency mortgage securities lack guarantees from Fannie Mae, Freddie Mac or federal agency Ginnie Mae. http://www.bloomberg.com/apps/news?pid=20601206&sid=aSmlkGHASRZ8 Jumbo Mortgage ‘Serious Delinquencies’ Rise to 9.6%
U.S. prime jumbo mortgages at least 60 days late backing securities reached 9.6 percent in January from 9.2 percent in December, the 32nd straight increase for “serious delinquencies,” according to Fitch Ratings. Jumbo home loans are larger than government-supported mortgage companies Fannie Mae or Freddie Mac can finance. Their limits now range from $417,000 in most places to as much as $729,750 in high-cost areas. Loans in jumbo securities can be smaller than those amounts if they were issued in earlier years. Non-agency mortgage securities lack guarantees from Fannie Mae, Freddie Mac or federal agency Ginnie Mae.

http://www.bloomberg.com/apps/news?pid=20601206&sid=aSmlkGHASRZ8

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