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Mortgage rates up; demand, prices slip  Mortgage rates rose to their highest point in a month in Bankrate's weekly survey of large lenders, but with markets cooling off, the affordability crisis shows signs of easing.read more...


Wallpaper store riding construction boom  Betty Booth says her wallpaper store, WallSource, has seen a summer sales spurt.read more...


Mortgage reform bills (San Jose Mercury News)  MORTGAGE REFORM BILLS Assembly bills headed to Senate this week: AB 1830: ? Requires subprime lenders to underwrite loans based on a borrower's ability to repay the loan over its


What Money Doesn’t Buy in Health Care  What was in many ways a great display of American medicine was also an example of what’s wrong with our health care system. read more...


LETTERS: Mortgage mayhem (Kansas City Star)  Shopping for the right mortgage? Expect to be promised everything just to get you in the door. Expect to tediously fill out a gigantic mountain of paperwork, to remind you


Next Century Funding, Ltd. and November Realty Move to New Facility to Offer One-Stop Realty and Mortgage Services; (PR Web)  Next Century Funding and November Realty have teamed up to offer full-service mortgage brokerage and real estate brokerage services in one convenient location for customers near Bethpage, NY. (PRWEB Aug

July 18th, 2007

Moody’s Shut Out of Rating Commercial Mortgage Bonds (Update1) (Bloomberg.com)

July 18 (Bloomberg)—Moody’s Investors Service has been excluded from rating 70 percent of new commercial mortgage-backed securities after toughening its guidelines.

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