| Apr 29, 2011 3:35PM Home loan borrowing costs ended the week near their most aggressive levels of the year. The chart below illustrates how borrowing costs have behaved with respect to various mortgage note rates. If the line is moving up, the closing costs associated with that note rate are rising, if the line is moving down, the closing costs associated with that note rate are falling. Notice the line has been moving lower since early April. Right now borrowing costs are about as aggressive as they've been in 2011... Apr 29, 2011 1:22PM The Federal Housing Finance Agency (FHFA) has directed Freddie Mac and Fannie Mae to establish consistent mortgage loan servicing and delinquency management requirements for the companies servicing the two government sponsored enterprises' (GSEs) delinquent mortgages. The updated framework will establish uniform servicing requirements across the GSEs for servicing companies with which they contract and will establish "monetary incentives for servicers that perform well and penalties for those that...
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