Philadelphia Works on Foreclosure Plan
Mortgage companies and consumer advocates in Philadelphia opened talks intended to achieve an agreement to allow thousands of cash-strapped homeowners in the city to avoid foreclosure.
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Fitch Upgrades Six Classes GMAC Commercial Mortgage 1998-C2 (Business Wire via Yahoo! Finance) NEW YORK----April 18, 2006--Fitch Ratings upgrades GMAC Commercial Mortgage Securities, Inc., series 1998-C2 as follows: $38.0 million class E to 'AAA' from 'AA+'; $88.6 million class F to 'A+'
Do-it-yourselfers drive market "We cater to the professional builder as well as the serious do-it-yourselfers," Regional Vice President Mike Lyons said.read more...
Rate hikes start cooling economy The question that must be posed then is whether hiking the repo further is the most effective method of slowing credit growth Signs of a slowdown are beginning to emerge
Popular Trusts May Shield Profits Made During Housing Boom Investors are turning to a complex tax-saving technique to defer capital-gains taxes on highly appreciated properties while also generating a stream of income. However, skeptics say some arrangements might be
Bimini to Acquire Opteum Financial Real estate investment trust Bimini Mortgage Management Inc. on Thursday said it agreed to acquire Opteum Financial Services.read more...
Plans Unveiled for New York's Moynihan Train Station After years of false-starts, it appears the development of Moynihan Station, in New York City , has finally gotten underway.read more...