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Loan Modification

: Mortgage Lender Implode-o-Meter

New York Mortgage Agency Borrowing Costs Fall 30% as Bonds Catch on `Fire'

By Implode-Explode Heavy Industries

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"State of New York Mortgage Agency, which provides subsidized home loans to low- and moderate-income families, cut its borrowing costs 31 percent since April on about $133 million in tax-exempt housing bonds as demand from individual investors helped drive down yields."

Full post as published by Mortgage Lender Implode-o-Meter on September 01, 2010 (boomark / email).

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