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Commercial Mortgage Broker News

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NEW YORK - Ratings agency Standard & Poor's took Aon Corp. off CreditWatch Thursday and affirmed the company's credit rating. Aon, an insurance broker, carries an investment-grade "BBB+" rating. Standard & Poor's put the company on watch Aug. 22 ...

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Standard & Poor's affirms rating for Aon - CNBC

Peggy and Eric Fuentes had no trouble last January getting a commercial loan from their local bank to build a new day-care center in the Town of Wallkill. They had spent months developing a detailed business plan, analyzing the local market and ...

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Commercial financing tightens - Times Herald-Record

Last week, Phoenix-based real-estate investment firm Right Place Properties spent investors' money to purchase multifamily housing units, promising a healthy return on their cash. Then on Monday, the company and its designated broker, Red Door ...

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Real-estate investment firm struggles to stay afloat - AZCentral.com

TUPELO, Miss.—BancorpSouth Inc. has announced it will not apply for federal bailout funds. Aubrey Patterson, chairman and CEO of BancorpSouth, said Monday in a press release that it was in the best interest of shareholders to continue with a ...

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BancorpSouth to decline bailout funds - El Paso Times

With today as the deadline for publicly traded companies to apply for funds from the $700 billion federal bailout package, a couple local banks announced they will not be seeking help, while others likely are applying for assistance. Stan Murray ...

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Bailout bandwagon: Some local banks join; others decline - Commercial Dispatch

BancorpSouth, Inc. announced this morning that it will not apply for funds available through the U.S. Department of Treasury's Capital Purchase Program, part of the federal government's Troubled Assets Relief Program (TARP). “After careful ...

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BancorpSouth will not accept TARP funding - Hattiesburg American

Company CEO Aubrey Patterson said that, while BancorpSouth supports "the intent of the program," his company "is a well-capitalized, strong performing institution with high quality assets in its loan portfolio," that is "well positioned to work ...

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BancorpSouth Shuns Treasury Program - TradingMarkets.com

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. Yields on the safest ...

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Credit Markets Decline, Led by Commercial-Mortgage Securities - Bloomberg

WHO: 3-Share Plan WHAT: Health benefits program WHERE: UTMB clinics in Texas City, League City and Friendswood; and UTMB Island clinic on Stewart Road in Galveston CALL: 866-607-0108 WHO: A B Sign Shop WHAT: Signs, banners, wide format printing, etc ...

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Business openings for Galveston County - Galveston County Daily News

DUMMERSTON, Vt. -- Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week. Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the ...

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