* You are viewing the archive for December 25th, 2007
Mortgage relief act to become law
Register-Herald, OH -
George V. Voinovich's (R-Ohio) Mortgage Relief Act - legislation to change current law that forces individuals to pay income tax when they have part of …
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Prudential Mortgage Capital Closes $80.3 Million Loan for …
PR-USA.net (press release), Bulgaria -
Prudential Mortgage Capital Company announced today that it has closed a $80.3 million loan on behalf of its general account for Brookdale Senior Living. …
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NY1
AMERIQUEST MORTGAGE $18 million paid in lending settlement
Chicago Tribune, United States -
Ameriquest Mortgage Co., once the biggest home-mortgage lender to people with credit problems, paid New Yorkers more than $18 million as part of a …
Nearly 14000 in NY to receive payments in predatory lending case
NYers to get $18M from home lender
More than 13000 New Yorkers receive settlements in predatory …
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Fees were another cash cow in subprime mortgage deals
Seattle Post Intelligencer -
By BOB IVRY EDITOR'S NOTE: This is the second in a five-part series on the subprime mortgage crisis. When Daniel Sadek was $6000 short of covering the …
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Fitch Downgrades GMAC 1999-C1 Class J Commercial Mortgage PT …
PR-USA.net (press release), Bulgaria -
Fitch Ratings has downgraded GMAC Commercial Mortgage Securities, Inc.'s mortgage pass-through certificates, series 1999-C1 as follows: –$20 million class …
Fitch Affirms GMAC Commercial Mortgage Securities, Inc., Series …
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Column: Credit Crunch Dims '2008 Outlook
The Associated Press -
The housing and mortgage crisis has escalated into a full-fledged credit crunch, which now threatens to throw the economy into a recession. …
Pamela Yip: Rate freeze isn't worth 'credit score suicide'
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Through reverse mortgage you can fulfill your dream without any risk. It is more advantageous than traditional mortgage.
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Evergreen Dodges Mortgage-Backed Bullet
Wall Street Journal -
By MICHAEL A. POLLOCK Subprime-mortgage contagion has spread so widely in markets that it has hurt even bond-focused mutual funds that were specifically …
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You’ve heard all the mortgage stories and liked some. Now you want to know what it is going to cost you when you take out a refinance mortgage. The best and accurate source of information is the online mortgage calculator. But do you like what’s it’s telling you? Whatever it is, take heed.
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Officials Say They Are Falling Behind on Mortgage Fraud Cases
New York Times, United States -
By JOHN LELAND The number of mortgage fraud cases has grown so fast that government agencies that investigate and prosecute them cannot keep up, …
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