- Broker Expert: Just 15,000 Firms Left by Year-end
Wholesale Access chief David Olson, who has made his living studying the loan brokerage sector, believes there will be just 15,000 firms left by yearend, a stunning 72% decline from the sector’s peak back in 2005.
- Fannie’s ‘Serious’ Delinquency Rate Breaks 4%
The serious delinquency rate on Fannie Mae guaranteed single-family loans topped 4% in July, according to mortgage giant’s monthly summary report.
- FDIC Wants Depositories to Prepay $45B in Upfront Premiums
Banks and thrifts will front the Federal Deposit Insurance Corp. $45 billion in advance deposit insurance premiums under a new proposal designed to bolster the beleaguered insurance fund. More on this tomorrow as we off to…
- U2 tonight at Fedex Field.