Types Of Bankruptcy

It's Time to Take Another Look at FHA Loans  With the subprime mortgage industry in virtual free fall where do home buyers with less than perfect credit turn for financing? read more...


Why Mortgage Life Insurance is Not a Good Idea (Gridley Herald)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Countrywide caught in mortgage spiral (AP via Yahoo! News)   Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles.read more...


Stock fall surprises Wachovia CFO  Wachovia Corp.'s chief financial officer said Friday he was surprised by a sharp drop in the bank's stock this week as Wall Street fretted about a plan to buy California-based


U.S. stock futures ease as microchip makers fall  U.S. stock futures on Wednesday were pointing to a slight decline with National Semiconductor's lowered sales guidance casting a cloud on some microchip makers, though Gateway Inc.read more...


Henry R. Lesieur: Who will really pay for all these tax-yielding slots machines? (Reg Req'd)  RHODE ISLANDERS will benefit enormously from new tax changes. They will probably take particular pleasure in the demise of the automobile tax.read more...

November 16th, 2006

American Mortgage Acceptance Company Closes First Collateralized Debt Obligation Issuance (Finanzen.net)

American Mortgage Acceptance Company (AMEX:AMC) (“AMAC or the “Company?) today announced that its subsidiary, AMAC CDO Funding I (the “Issuer?), closed its first commercial real estate collateralized debt obligation (“CDO?) offering, issuing approximately $362 million in aggregate principal amount of non-recourse CDO notes (the “Notes?).

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