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Renting Out Your Home With a Reverse Mortgage? Not So Fast. (Washington Post)  Q: DEAR BOB: My 90-year-old mother-in-law, who recently moved into a nursing home, has a reverse mortgage on her home to pay her living costs. My husband is to inherit


Equity buys Mortgage Centre (The Wichita Eagle)  Equity Bank has signed a deal to purchase the assets of Mortgage Centre for an undisclosed sum, company officials said Friday. The deal will allow the businesses to offer more


Designer Solutions    Redecorating and don't know where to start? Design expert Celia Welch offers advice on how to update your space. read more...


Economist sees no end to house boom  There is no prospect of an end to the housing boom this year with completions set for 80,000 and house prices rising at well above consumer price inflation, AIB's senior


Consultant: CSX Plan to Cost Polk $729,789  BARTOW | Growth doesn't pay for itself and forces local officials to choose between increasing taxes or cutting services, a Tallahassee consultant told county commissioners Wednesday. read more...


Clinton proposes crackdown in mortgage market (Reuters via Yahoo! News)   With the U.S. mortgage market in turmoil, Democratic presidential front-runner Sen. Hillary Clinton on Tuesday proposed clamping down on lending abuses and providing more aid to families who face

February 28th, 2007

Fitch Rates $314.8MM Lehman Mortgage Trust Mtge P-T Ctfs, Series 2007-2 (Business Wire via Yahoo! Finance)

NEW YORK——Fitch rates Lehman Mortgage Trust $314.8 million mortgage pass-through certificates, series 2007-2, as follows: $291.3 million classes 1-A1, 1-A2, 2-A1 through 2-A13, and R ‘AAA’; $6.2 million class M ‘AA+’; $8.8 million classes B1 and BIO1 ‘AA’; $3.2 million classes B2 and BIO2 ‘A’; $2.4 million class B3 ‘BBB’; $631,000 class B4 ‘BBB-’; $1.1 million class B5 ‘BB’; $1.3 million class …

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