Abn Amro Mortgage Impac Mortgage reports loss of $2B for 2007 - CNBC by Florida Mortgage

Sat, 04 Oct 2008 07:00:24 -0600

Abn Amro Mortgage Impac Mortgage reports loss of $2B for 2007 - CNBC

by Florida Mortgage @ Sat, 04 Oct 2008 07:00:24 -0600

...Impac Mortgage reports loss of $2B for 2007CNBC, NJ -8 minutes agoSince the middle of 2007, mortgages have increasingly defaulted, forcing lenders and banks to set aside more cash to cover losses. To determine if refinancing will save you money, compare the total costs to refinance, as well as interest rates..


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