| Aug 20, 2012 2:12PM Mortgage Rates managed to maintain stability seen on Friday, holding steady to very slightly lower today. It was a quiet day for rates markets during the US session with most of the movement seen during the European trading hours. Europe has recently been one of the primary long-term motivating factors for US interest rates, including mortgage rates. Today's market movements were minimal as were the changes to mortgage lenders' rate sheets versus Friday's. Best-Execution for 30yr Fixed Conventional... Aug 20, 2012 11:25AM If you have some spare change sitting around, a 271475.7 billion portfolio of non-performing, federally insured home loans will be offered for sale at auction next month. HUD is going to sell 9,442 discounted loans (on September 12 through SEBA and DebtX) with an average balance of $182k in pools consisting of homes in Chicago, Phoenix, Newark (NJ), and Tampa (FL). The FHA's bulk sales began in 2010 with a pilot program that offered buyers as much as 65% off unpaid loan balances with the understanding...
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