Mortgage
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One in five fears for mortgage payment (Reuters via Yahoo! UK & Ireland News) One in five borrowers are concerned about meeting their mortgage repayments over the next 12 months, the Financial Services Authority said on Tuesday, reigniting concerns over rising default rates.read more...
Morgan Stanley To Help With Mortgage Mess (CBS News) The Treasury Department hired investment firm Morgan Stanley to help the government assess the risks faced by mortgage giants Fannie Mae and Freddie Mac.read more...
American Home Mortgage gets bankruptcy court OK (Reuters via Yahoo! News) American Home Mortgage Corp got bankruptcy court approval on Tuesday for debtor-in-possession financing to pay salaries and other costs as it shuts most businesses, as well as funding to
U.S. mortgage, housing markets seen caught in 'vicious cycle' (Market Watch) BOSTON (MarketWatch) -- Problems in the nation's mortgage and housing markets are feeding off each other and creating a "vicious cycle," analysts at Stifel Nicolaus & Co. said Monday.
Blair won't jump; he's made sure he can't be pushed The Sunday Times - Comment Westminster is not always a village. Sometimes it is a tank of piranha fish.read more...
Fitch Rates GMAC Commercial Mortgage Securities, Inc. Series 2006-C1 (Business Wire via Yahoo! Finance) NEW YORK----Feb. 1, 2006--GMAC Commercial Mortgage Securities, Inc. series 2006-C1, commercial mortgage pass-through certificates are rated by Fitch Ratings as follows: $37,000,000 class A-1 'AAA'; $15,000,000 class A-1D 'AAA';