Mortgage Interest Bear Stearns posts 4Q losss amid bigger-than-expected mortgage loss (Minneapolis-St. Paul Star Tribune) by Mortgage

Wed, 23 Jan 2008 07:00:06 -0700

Mortgage Interest Bear Stearns posts 4Q losss amid bigger-than-expected mortgage loss (Minneapolis-St. Paul Star Tribune)

by Mortgage @ Wed, 23 Jan 2008 07:00:06 -0700

5 U.S. Bear Stearns Cos., the No. investment bank, said Thursday a bigger-than-expected writedown of its mortgage portfolio caused a substantial quarterly loss. Broker fees may come in different forms, either as an addition to your interest rate, a separate fee, or points paid at closing. With all these additional fees, you might find that your best mortgage rate deal may not sound so great after all.


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