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Carolina Mortgage Rates Newscarolina mortgage ratesNEW 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 ... Read moreFitch Downgrades 3 Classes of GMAC 1998-C1; Assigns Stable Outlooks - Businesswire.comSEATTLE, Nov. 18 /PRNewswire/ -- Mortgage rates remained relatively stable last week, with rates for 30-year fixed mortgages declining slightly to 6.03 percent, down from 6.09 percent the week prior, according to the Zillow Mortgage Rate Monitor ... Read moreMortgage Rates Remain Stable for Second Consecutive Week - PR NewswireNov. 19 (Bloomberg) -- The cost to protect top-rated commercial-mortgage bonds against default rose to a record, a day after two bad loans boosted concern the debt will cause losses. The cost of default swaps on AAA rated bonds rose 161.8 basis ... Read moreCommercial-Mortgage Bond Risk Rises After Loan Delinquencies - BloombergNov. 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. Yields on the safest ... Read moreCredit Markets Decline, Led by Commercial-Mortgage Securities - BloombergWASHINGTON -- Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. The two companies said Thursday that they will halt foreclosure sales between Nov. 26 and Jan. 9 ... Read moreLocal home sales fall again - Raleigh News & ObserverNEW YORK (CNNMoney.com) -- If mortgage lending was the Wild West during the boom years, foreclosure-prevention counseling is the lucrative new frontier of the bust. Nearly 1.6 million borrowers are in jeopardy of losing their homes this year ... Read moreMortgage rescue or rip off? - CNN MoneyNEW YORK, Nov. 20 -- Another levee in the financial markets is crumbling. Fears about rising default rates and declining property values, which engulfed the home mortgage market at the start of the credit crisis, are spreading to the commercial real ... Read moreCommercial Mortgages Next? - Washington PostNEW YORK, Nov. 20 -- Another levee in the financial markets is crumbling. Fears about rising default rates and declining property values, which engulfed the home mortgage market at the start of the credit crisis, are spreading to the commercial real ... Read moreCrisis Hits Values of Commercial Mortgages: Investors Leery of Real ... - Washington PostNEW YORK, Nov 18 (Reuters) - Two of the largest loans in recent commercial mortgage bonds, including one for two Westin hotels, appear near default, underscoring the stress that has upended the $700 billion market and sending yields soaring. A $209 ... Read moreUPDATE 2-Big CMBS loans seen near default, index yields soar - FXStreet.comNEW YORK, Nov 18 (Reuters) - Two of the largest loans in recent commercial mortgage-backed securities, including one financing two Westin hotels, are close to default, according to Credit Suisse analysts. A $209 million loan for Westin hotels in ... Read more |
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