Mortgages and Loans help
WARSAW. FEBRUARY 1. INTERAX CENTRAL EUROPE - German Commerzbank’s Polish BRE Bank expects its mortgage arm, BRE Bank Hipoteczny, to post 2006 net profits in excess of last year’s PLN 21.8 mln, BRE Chief Executive Slawomir Lachowski told Interfax Wednesday.
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WASHINGTON, Feb. 1 (UPI)—U.S. mortgage applications last week fell 5.1 percent, an industry group said Wednesday. The Mortgage Bankers Association said that for the week ending Jan. 27 its index of mortgage activity fell to 626.8 from 660.5 in the previous seven-day period.
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The Mortgage Bankers Association said that for the week ending Jan. 27 its index of mortgage activity fell to 626.8 from 660.5 in the previous seven-day period.
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United Bulgarian Bank lowered the interest rate on mortgage loans from 5.9% to 1.5% for the first year of the credit, Dnevnik a.m. reports. The rate for the remaining repayment period is 8.25% for credits denominated in the local currency.
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NEW YORK——Feb. 1, 2006—Fitch has rated the Citigroup Mortgage Loan Trust Inc. asset-backed pass-through certificates, series 2006-WMC1, which closed on Jan. 31, 2006, as follows: $273,897,000 privately offered class A-1, ‘AAA’; $495,187,000 classes A-2A through A-2D, ‘AAA’; $36,342,000 class M-1 ‘AA+’; $33,396,000 class M-2 ‘AA+’; $23,082,000 class M-3 ‘AA’; $16,207,000 class M-4 ‘AA’;
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Fairway New England Mortgage today announced it is expanding its services beyond traditional loans to include an alternative lending division.
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The case featured this week was submitted to Lex-Care by Karen Conway, director of the Family Resource Center at Mary Todd Elementary School. Her client is a single mother of two who needs $500 to make her mortgage payment.
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WASHINGTON (AFX)—The volume of applications for mortgages fell 5.1% in the week ended Jan. 27 compared to the prior week, according to data compiled by the Mortgage Bankers Association.
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NEW YORK——Feb. 1, 2006—Fitch Ratings affirms Banc of America Commercial Mortgage Inc., commercial mortgage pass-through certificates, series 2004-4 as follows: $23.8 million class A-1 at ‘AAA’; $48 million class A-2 at ‘AAA’; $240 million class A-3 at ‘AAA’; $225 million class A-4 at ‘AAA’; $107 million class A-5 at ‘AAA’; $272.2 million class A-6 at ‘AAA’; $202.3 million class A-1A at ‘AAA’;
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MBA: Mortgage applications decrease U.S. mortgage applications fell for the first time in four weeks due to a decline in home purchase loans, as interest rates increased for the first time since November, an …
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