| Nov 6, 2012 4:06PM Mortgage rates began the day only moderately worse off than yesterday's latest offerings, but rose sharply throughout the day . In the late morning and early afternoon, bond market conditions deteriorated rapidly, resulting in most lenders recalling rate sheets to revise rates and fees higher at least once. Several lenders recalled rate sheets twice as markets trading in the secondary mortgage market continued to struggle. At first glance, it's fair to assume that the volatility is related to today... Nov 6, 2012 6:39PM Reuters is reporting that the federal government is investigating Wells Fargo & Company for its mortgage-related practices including the originating and packaging of home loans by its Wachovia unit. The information comes from the bank's third quarter securities filing. According to the bank, it may face federal enforcement action related to mortgage-backed securities deals leading up to the financial crisis, specifically whether it properly disclosed the risks associated with the securities in...
 | 
