Florida Mortgage News
Florida Mortgage news is updated daily.
It was the lowest level recorded since Freddie began tracking the 30-year nearly four decades ago.
But a 7-basis-point jump in the 10-year Treasury yield suggests mortgage rates will be higher in next week's reports.
All of the plaintiffs have filed for bankruptcy.
But their credit reports contain records of debt that still appear active even though it has been discharged.
Ocwen said that it plans to close a facility in Raleigh, N.C., and eliminate 242 jobs.
Around 900 California employees are being laid off later this year as the company's facility in that state closes.<
It was the first quarterly decline since the beginning of 2006.
Quarterly earnings for the sector were $21.6 billion.
Banks lost $4.4 billion in the same period last year.
For the week ended Wednesday, the index was 348, easing from 355 last week.
The decline in activity came despite that the conventional 30-year rate edged down to 4.317 percent from 4.320 percent last week.
