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NEW YORK--( BUSINESS WIRE )--Fitch Ratings has downgraded GMAC Commercial Mortgage Securities, Inc.'s commercial mortgage pass-through certificates, series 1998-C1 as follows: --$25.2 million class H to 'B' from 'BB-'; Outlook Stable; --$14.4 million ...

Fitch Downgrades 3 Classes of GMAC 1998-C1; Assigns Stable Outlooks - Businesswire.com

NEW YORK--( BUSINESS WIRE )--Fitch has assigned an 'AA' rating to Southern California Gas Co.'s (SCG) $250 million 5.5% coupon first mortgage bonds, series LL, due March 15, 2014. The transaction was priced on Nov. 18, 2008 and is expected to close ...

Fitch Rates Southern California Gas Co.'s $250MM First Mortgage Bonds ... - Businesswire.com

WASHINGTON (AP) -- Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in ...

Federal regulators shut 2 California thrifts - Charleston Daily Mail

Federal regulators seized three banks last night, including Downey Savings and Loan Association, a large California mortgage lender, expanding what is by far the most expensive crop of bank failures in modern American history and indicating that the ...

FDIC Seizes Three - Washington Post

As the U.S. housing market remains mired in deep and ongoing troubles, South Dakota is bucking the malaise with one of the lowest mortgage foreclosure rates in the nation. In October, the Mount Rushmore state ranked 47th in the nation for mortgage ...

Economically stable S.D. can skirt mortgage relief - Argus Leader

For more real estate news, please visit: DQNews.com . And check out BankingMyWay to compare mortgage rates. LA JOLLA, CA--- Southern California home sales rose unseasonably last month from September as buyers shook off gloomy financial news and took ...

SoCal Home Sales Reach 2008 Record - Street.Com

Steady Two Weeks After Peaks and Valleys of Late October, According to Zillow(R) Mortgage Rate Monitor SEATTLE , Nov. 18 /PRNewswire/ -- Mortgage rates remained relatively stable last week, with rates for 30-year fixed mortgages declining slightly to ...

Mortgage Rates Remain Stable for Second Consecutive Week - Earthtimes

Colorado Attorney General John Suthers today said he has reached settlements with three mortgage companies as part of a crackdown on false advertising that he launched about two years ago. Suthers said that Denver’s Arbor Financial Inc., 5280 ...

Suthers cracks down on mortgage fraud - Rocky Mountain News

A new survey from First American CoreLogic, a real estate data company, has concluded that nearly a quarter of all homes with mortgages are worth less than what is owed on the loans. According to the data, which were first reported in the New York ...

Commentary: Fewer and fewer options as housing crisis deepens - Madera Tribune

The seesaw effect of rising home sales and falling prices continued in the Bay Area housing market last month, and most dramatically in Vallejo, as foreclosure sales again dominated the real estate market. The percentage of homes sold in Vallejo in ...

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