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Commercial-Mortgage-Securities Holders Blame Paulson (Update1) (Bloomberg) Nov. 21 (Bloomberg) -- Top-rated commercial-mortgage bonds tumbled 24 percent in November, almost triple the worst month ever, as Treasury Secretary Henry Paulson reversed a decision to buy mortgage assets to help stabilize the credit markets. us.rd.yahoo.com
Mortgage Professor Says Hard-Money Lenders' Day Has Come (Washington Post) As in all disasters, there are people who will profit from the financial crisis. us.rd.yahoo.com
The Fine Print of the Foreclosure Fight (Washington Post) You may have read about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could have an effect on you or people you know -- now or in the months ahead. us.rd.yahoo.com
Huntington Bank Ranks as No. 1 SBA 7(a) Lender in Ohio, Indiana, Kentucky and West Virginia (PR Newswire via Yahoo! Finance) The Huntington National Bank announced it is the No. 1 Small Business Administration 7 lender for 2008 in Ohio, Indiana, Kentucky and West Virginia. The bank also improved its national standing as an SBA small business lender, moving up in rank for both total loan amounts and number of loans provided to businesses with annual revenues under $10 million. us.rd.yahoo.com
Credit Markets Decline, Led by Commercial-Mortgage Securities (Bloomberg) Nov. 20 (Bloomberg) -- Yields on top-rated commercial- mortgage securities climbed the most ever above benchmark rates, leading a deterioration in credit markets on concern that the recession and financial crisis is deepening. us.rd.yahoo.com
Downey Seized, Sold to U.S. Bancorp as Mortgage Fallout Spreads (Bloomberg) Nov. 22 (Bloomberg) -- Seizure and sale of Downey Financial Corp. and two smaller lenders may cost the FDIC more than $2 billion as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression. us.rd.yahoo.com
Jumbo mortgage deadline looms (Bankrate.com via Yahoo! Finance) Some mortgage borrowers are about to get squeezed by the shrinking of something called the jumbo conforming limit. us.rd.yahoo.com
Virginia regulators block real estate appraisers from online systems (WSLS Newschannel 10 Roanoke) CHARLOTTE, N.C. (AP) - Regulators in Virginia are the first nationwide to actively discourage real estate appraisers from using online systems that could allow unscrupulous agents and lenders to remove critical information from the appraisal report. us.rd.yahoo.com
Vick back in Virginia to face state dogfighting charges (TSN) Please read the full story on TSN.ca for the latest details us.rd.yahoo.com
Fannie Mae, Freddie Mac to suspend US home foreclosures (TODAYonline) The Freddie Mac headquarters in McLean, Virginia. The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes. us.rd.yahoo.com
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