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Rate of New Foreclosures Hits Record (US News & World Report)
Report From the Mortgage Bankers Association shows more loans are going bad.
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Fitch Rates Florida HFC's $100MM Mortgage Revenue Bonds 'AA+' (Centre Daily Times)
Fitch Ratings has assigned an 'AA+' rating to Florida Housing Finance Corporation's (FHFC) $100 million homeowner mortgage revenue bonds, 2008 series 3. The bonds are expected to be sold through negotiation this week and are expected to close on or about Sept. 30, 2008. Fitch has also affirmed the 'AA+' rating on all series of the outstanding $1.66 billion homeowner mortgage revenue bonds, prior ...
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Fitch Rates Florida HFC's $100MM Mortgage Revenue Bonds 'AA+' (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has assigned an 'AA+' rating to Florida Housing Finance Corporation's $100 million homeowner mortgage revenue bonds, 2008 series 3. The bonds are expected to be sold through negotiation this week and are expected to close on or about Sept. 30, 2008.
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Community Bank Names Wright Mortgage Loan Originator (Rockbridge Weekly)
August 28, 2008- Staunton, VA- Community Bank is pleased to welcome Stephen Wright, Mortgage Loan Originator, to its Secondary Mortgage Department. Wright will be responsible for originating fixed rate mortgage loans and promote lending services to the real estate community.
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Brother, can you spare a loan? (Denver Post)
Steve Lubs was looking to get rid of his $8,000 in credit card debt, but his high interest rate had him bogged down. He tried getting a loan through a bank to pay off the balance but couldn't find one with an interest rate lower than 12 percent.
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Real Estate Live (Washington Post)
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi.
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Area foreclosures drop Local figures run counter to worsening national problem (Erie Times-News)
There's growing evidence that the nation's foreclosure problems are bad and getting worse. There's also evidence, however, that the pace at which homes are being lost has slowed in this corner of western Pennsylvania.
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LIFE AFTER FORECLOSURE: Tips to help former homeowners get on with their lives (The Monterey County Herald)
These days, record-breaking foreclosure statistics are coming out with numbing frequency.
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QUICK POLL (GlobeSt.com)
The Dollar’s Rebounding. Choose One: SEATTLE, WA-The 352-unit Covington Farms apartment complex in the north-end suburb of Everett, WA, has changed hands for $42.78 million, or $121, 534 per unit, which represents a cap rate in the high 5% range, according to CB Richard Ellis Group Inc, which brokered the deal.
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Home sale prices stay up; local activity increasing (Wickenburg Sun)
Residential real estate activity in the Wickenburg area might be turning in a positive direction, but the still-increasing price of single-family homes here and tighter lending requirements could be slowing that recovery.
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