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That news came on the same day that JPMorgan Chase acknowledged that it had not used the nation's largest electronic mortgage tracking system, MERS, in foreclosures, since 2008.
We don't know Bernanke's credit score, but most of those who managed to successfully refinance their FHA mortgage loans as recently as August had a lofty score of 675, according to a mortgage tracking report from Ellie Mae.
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Of the 7,300 mortgages tracked there by CoreLogic, 45% are at least three months delinquent, and 30% are in some phase of foreclosure.
At the end of December, 40 percent of new mortgages were tracking the government's base rate.
Mortgage rates track the yields on the 10-year Treasury note.
Mortgage rates track those yields, and decline right along with them".
This is despite the fact that the Bank of England base rate, which these mortgage deals track, has been at 0.5% since March 2009 and seems unlikely to rise for at least two years.
Because the Justice Department only recently began tracking mortgage fraud as a separate category, there is no comparative data for previous years, and thus no indication of how much, or whether, the 151 cases represent a significant increase amid the subprime debacle.
The West Bromwich said the 6,700 borrowers were all BTL landlords with mortgages that track the base rate.
Many landlords who bought property before the financial crisis have mortgages that track the Bank of England's base rate.
HOME LOANS AND CREDIT CARDS Fixed-rate mortgages generally track the 10-year Treasury note, whose interest rates would rise in the event of a downgrade.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com