Fitch Rates $151MM PHH Mortgage Trust, Series 2008-CIM2 (Centre Daily Times)
Fitch rates PHH Mortgage Trust, series 2008-CIM2 residential mortgage pass-through certificates, as follows:
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Lenders Offering 50-Year Mortgages Despite a cooling real estate market in many parts of the country, home prices are still through the roof and, with interest rates continuing to rise, lenders are looking for
Enticing deals in the mortgage crisis often are too good to be true (San Francisco Chronicle) Constance Smith Bridgewater was in default on her mortgage payments, and she was desperate to keep the snug two-bedroom house in San Francisco's Portola district where she lives with her
Lender Sees Response Rise With Notices One mortgage lender that completed the FACTA process and began mailing the notices months in advance of the Aug.read more...
After The Storm ISSUE: Lenders hold onto checks until storm repairs begin or are completed. There's yet another maddening quirk in the post-hurricane insurance game.read more...
Report warns of Wisconsin housing bubble MADISON, Wis. - The ratio of property values to personal incomes in Wisconsin is approaching the peak reached in 1979 and could be a sign of a bubble in the
Conn Bank Regulator Looking Into Mortgage Lenders Network (Nasdaq) NEW YORK -(Dow Jones)- The Connecticut Department of Banking has opened an inquiry into Mortgage Lenders Network USA, a sizable subprime mortgage lender that just suspended its wholesale lending business.read