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bankrate: mortgage rates hold at record lows

new york, may 24, 2012 /prnewswire/ -- mortgage rates were little changed, remaining at record low levels. the average rate on the benchmark 30-year fixed mortgage rate was unchanged at the record low ...

american capital mortgage investment corp. announces public offering of common stock

bethesda, md., may 23, 2012 /prnewswire/ -- american capital mortgage investment corp. (nasdaq: mtge) ("mtge" or the "company") announced today that it plans to make a public offering ...

fdic sues big banks over mortgage securities

the government has sued several big banks over toxic mortgage securities they issued that were bought by two small illinois banks which failed in may 2009.

residential mortgage backed roosters comin' home to roost as rmbs task force gets to work

first the feds were looking at the the swath of mortgage-backed securities among federal home loan mortgage corporation (freddie mac), the federal national mortgage association (fannie mae), and the government national mortgage association (ginnie mae) (collectively, "MBS").  if you just go by the reports in the press and the swirling rumors on the street, a lot of banks are nervous: ally ...