Sunday, January 13, 2013

How Many Pages is the Actual QM Rule? Fed Earns Record $89B on MBS and Treasury Holdings

Hot news from AZ Home Help:

Posted To: Pipeline Press

Do you owe any money on your home? Lots of owners do, a lot don't. Usually we see these "free and clear numbers from the Census Bureau, but this week they come to us from Zillow, which tells us that nearly one third of us don't have any debt on their house. (Hey, if you've saved up some money, but are earning 0% on it from the bank...) The highest state for free & clear ownership is West Virginia (45%), the lowest is Nevada & DC at 21% and 20%, respectively. [READ: One-third of U.S. Residences Owned Mortgage-Free ] Yesterday the commentary posted a job listing from Citi and its retail group. ("The Partnership Channel of the Retail Mortgage Division of CitiBank is currently recruiting loan originators and sales managers in the following states: TX, LA, MO, IA, IN, OK, TN, KS, WI, AL...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/pipelinepress/01112013-qm-rule-wells-fargo-earnings.aspx

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