State looks to curtail home building in fire-prone areas "Five firefighters lost their lives in Esperanza defending a home that probably shouldn't have been defended" Bone-dry conditions and large amounts of brush threaten increasing numbers of homes near
KeyCorp sells Champion Mortgage to HSBC, Fortress (Reuters via Yahoo! News) KeyCorp , a large Midwest U.S. bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain's HSBC Holdings Plc and investment firm Fortress
Mortgage debt is not safe as houses (Financial Times) Investors in mortgage-backed bonds and other complex debt products could be left nursing substantial losses as troubles grow in the risky US subprime mortgage market.read more...
Students learn how to build a house with MVTC The house at 1075 Poplar Ave. in central Las Cruces claims the honor of being the newest home on the block, but perhaps a more notable distinction is one that's
US dollar dips KARACHI: The US dollar declined against the rupee in the open currency market on Thursday, as the demand for the currency thinned, said foreign exchange dealers.read more...
Ex-Met Mortgage chief agrees to settlement (Tri-City Herald) SPOKANE -- The former leader of bankrupt Metropolitan Mortgage & Securities Co. will pay about $151,000 to settle allegations that he masterminded fraudulent real estate deals that backfired into an
NEW YORK——Nov. 15, 2005—Fitch Ratings upgrades GMAC Commercial Mortgage Securities, Inc., series 1998-C2, as follows: $164.5 million class D to ‘AAA’ from ‘A’; $38.0 million class E to ‘AA+’ from ‘BBB+’; $88.6 million class F to ‘BBB+’ from ‘BB+’; $44.3 million class G to ‘BB+’ from ‘BB’; $19.0 million class H to ‘BB’ from ‘BB-’.
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