|
Fitch Takes Action on 1 Citigroup Mortgage Loan Trust Resecuritization Transaction (Business Wire via Yahoo! Finance) NEW YORK----Fitch Ratings has taken the following actions on Citigroup Mortgage Loan Trust certificates. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that have been affirmed and remain on or have been removed from Rating Watch Negative. us.rd.yahoo.com
Carlton to Sell $88 Million of Performing and Nonperforming Commercial Loan Assets in Florida (Business Wire via Yahoo! Finance) NEW YORK----Carlton Advisory Services' Chairman Howard L. Michaels announced that Carlton has been retained as the exclusive loan sale advisor to market and sell approximately $88 million of performing and nonperforming commercial mortgage loan assets on behalf of an institutional client. us.rd.yahoo.com
Media Alert: Ray of Hope in Subprime Crisis; Leading Mortgage Loan Servicing Company Sees Delinquencies Flatten or ... (Centre Daily Times) One of the nation's leading subprime mortgage servicers reports that delinquencies on the subprime mortgages it handles flattened or declined this summer, in large measure due to its technology-enhanced loan modification program. us.rd.yahoo.com
Takeover seen easing loan crisis (Boston Globe) The Bush administration's planned takeover of mortgage giants Fannie Mae and Freddie Mac should help lower mortgage rates, stem the slide of housing markets, and stabilize the US economy, analysts said. us.rd.yahoo.com
Rangel Says He Didn't Know of Loan Terms (Washington Post) Rep. Charles B. Rangel (D-N.Y.) did not know that the Caribbean resort villa he purchased 20 years ago was financed with a no-interest mortgage from the developer and has generated $75,000 in income that he should have reported on tax and financial disclosure forms, his lawyer said yesterday. us.rd.yahoo.com
Committee chairman had no-interest loan (Fort Worth Star-Telegram) By DEVLIN BARRETT WASHINGTON — Rep. Charles Rangel paid no mortgage interest on a beach resort property for more than 10 years, a lawyer for the powerful House committee chairman said Friday. The New York congressman’s lawyer, Lanny Davis, told The Associated Press that Rangel got his no-interest deal for the villa in the Dominican Republic because he was an original buyer in the resort ... us.rd.yahoo.com
R-M-X Looks to Provide Innovation and Liquidity for the Beleaguered Residential Mortgage Loan Market (GlobeNewswire via Yahoo! Finance) NEW YORK, Sept. 2, 2008 -- While most participants in the residential mortgage loan market are suffering huge losses and many are exiting the business, R-M-X Group is looking to take advantage of this turmoil to fuel demand for its business. us.rd.yahoo.com
Mortgage crisis has Washington putting aside free-market ideology (International Herald Tribune) American politicians often talk of free markets and small government, but Washington has a long history of providing financial help to the private sector when the economic or political risk of a corporate collapse appeared too high. us.rd.yahoo.com
Rangel had no-interest mortgage more than 10 years (Las Vegas Sun) Sun, Sep 7, 2008 (12:03 a.m.) Rep. Charles Rangel paid no mortgage interest on a beach resort property for more than 10 years, a lawyer for the powerful House committee chairman said Friday. us.rd.yahoo.com
Rangel Paid No Mortgage Interest On Beach House (WCBS-TV New York) Rep. Charles Rangel paid no mortgage interest on a beach resort property for about 15 years, a lawyer for the powerful House committee chairman said Friday. The New York congressman's lawyer, Lanny Davis said it is unlikely the congressman owes any back taxes under the federal tax code, although he may owe a small amount to New York State, on unreported rental income of about $75,000. us.rd.yahoo.com
|