The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
Sales of new single-family homes fell sharply in July
The stock and bond markets were off to a better start this morning, but July new home sales, expected to be up, were down 2.4%. This and more in today's rate snapshot
Goldman Sachs is reportedly preparing to pay $1.1 billion to settle government claims that it sold shoddy mortgage-backed securities to Fannie Mae and Freddie Mac
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