1. And while prepayment penalties have all but disappeared in residential mortgages, Greenberg said, they are still common in commercial loans, such as co-op underlying mortgages. 2. Banks report greater interest in residential mortgages and commercial loans. 3. A bill is before Argentine lawmakers authorizing the sale of the residential mortgage bank, though Congress is on recess this month. 4. But unlike residential mortgages, farm loans are idiosyncratic. 5. Decline in consumer credit outweighed increase in residential mortgage lending. 6. Fannie Mae, the largest buyer of U.S. residential mortgages, estimates refinancings will hit a new high this year. 7. However, the volatile subprime residential mortgage market and capital markets have made it riskier for Fremont to take over certain assets of PacificAmerica. 8. In standard underwriting of residential mortgages, rental income is considered too. 9. Investment-banking fees, higher trading revenues and increased volume in residential mortgages sent earnings higher at the banks. 10. It also owns First Nationwide Mortgage, one of the largest providers of residential mortgages, according to Citigroup. |
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