51. Total sales are also shrinking in the mortgage bond market. 52. You just might catch the mortgage market at the bottom. 53. Congress created the company to buy home loans from banks and other lenders to supply cash to the mortgage market. 54. Congress created the company to buy home loans from banks and other lenders to supply ready cash to the multi-billion-dollar home mortgage market. 55. Fannie Mae and Freddie Mac are stockholder owned but were created by Congress to buy home loans from lenders to supply ready cash to the mortgage market. 56. Mr Tsien said development of the fixed rate mortgage loan market might have to wait until the local bond market has been developed. 57. Moss said the deregulation of the housing industry and the establishment of a mortgage market had created a strong demand for local housing. 58. A number of big investors in the mortgage market in the United States have reported substantial losses in recent months. 59. Until now, only Netherlands bank ABN-Amro has joined local institutions in the mortgage market, a European banker said. |