Mortgage Markets – Week of 6.20.10

Mortgage Rates Hit Record Low as Home Sales Slump
SFGate (25 June 10)

Fannie, Freddie Debt in Demand
The Wall Street Journal (24 June 10)

Fannie Mae Increases Penalties for Borrowers Who Walk Away Seven-Year Lockout Policy for Strategic Defaulters
FannieMae (23 June 10)

Homebuilder Lennar Says Sales In Outright Freefall In June
Business Insider (24 June 10)

Purchases of U.S. Existing Homes Unexpectedly Dropped in May
Bloomberg.com (22 June 10)

Mortgage Players Look to Soften Bill
The Wall Street Journal (21 June 10)

Fannie, Freddie Delisting Signals Firms Have No Value
The Wall Street Journal (16 April 10)

Citigroup (C) Suspends Foreclosures In Gulf Region
Street Insider (16 June 10)