Juicy Estates: Mortgage Blog

Liquidity Returning To Mtg Market ~ Recovery Spreads To Europe

CitiBank isn’t really in the business of lending directly to home buyers or home owners these days but they have earmarked $2 Billion  of the $45 Billion they received from the Federal Government to lend to independent mortgage firms.  This is yet another sign that the liquidity is returning to the secondary mortgage market which is good for home owners, home buyers and the economy in general. Read the full story here….

A broad based recovery of the global credit markets appears to be forming as highlighted by Germany and Frances unexpected return to growth last quarter.  Read the full story here….

This entry was posted on Thursday, August 13th, 2009 at 7:00 am and is filed under Home, Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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