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Commercial Mortgage Lending News

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Sept. 5 (Bloomberg) -- Emerging-market bond yields narrowed relative to Treasuries after speculation the U.S. is close to reaching a plan to help mortgage finance companies Fannie Mae and Freddie Mac boosted investor demand. The extra yield investors ...

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Emerging-Market Yield Spreads Narrow on Fannie, Freddie Report - Bloomberg

The historic seizure Sunday of mortgage finance titans Fannie Mae and Freddie Mac is expected to bolster the nation's sinking housing sector by lowering mortgage rates and jump-starting the obscure background market that is vital to home lending ...

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Action may give housing market a boost - Miami Herald

Spence Cole from Vancouver, Canada writes: And so ends the most recent cycle of free money, absent covenants and lending against expectations and promises rather than assets and cash flow. Given that it was access to cheap home equity loans that ...

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Mortgage bailout aimed at stemming financial crisis - Globe and Mail

NEW YORK, Sept 7 (Reuters) - A handful of Manhattan apartment deals appear to be potential trouble spots for the U.S. commercial mortgage market, according to Barron's. Banks have restricted lending as the credit crunch has tightened over the past ...

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Trouble in NYC commercial mortgage market-Barron's - Reuters

SEOUL, Sept 8 (Reuters) - South Korean banks will be allowed to issue covered bonds to shore up their capital bases, in line with the government's efforts to boost foreign currency liquidity, a top financial regulator said on Monday. "Banks need to ...

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S.Korea to allow local banks to sell covered bonds - Reuters

WASHINGTON — The historic seizure Sunday of mortgage finance titans Fannie Mae and Freddie Mac is expected to bolster the nation's sinking housing sector by lowering mortgage rates and jump-starting the obscure background market that is vital to ...

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U.S. seizes mortgage giants - Lexington Herald-Leader

Sept. 8 (Bloomberg) -- Washington Mutual Inc . plans to oust Kerry Killinger as chief executive officer after 18 years and replace him with Alan Fishman of Meridian Capital Group, the Wall Street Journal reported. An announcement is expected today ...

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WaMu to Replace CEO Killinger With Meridian's Fishman, WSJ Says - Bloomberg

Nationwide is expected to announce that it is taking over two smaller rivals in a deal that will value the building society at £191 billion. Nationwide, already Britain's biggest building society, said yesterday that it was in advanced talks with ...

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Nationwide Building Society set to merge with the Derbyshire and the ... - Times Online

WASHINGTON -- The historic seizure Sunday of mortgage finance titans Fannie Mae and Freddie Mac is expected to bolster the nation's sinking housing sector by lowering mortgage rates and jump-starting the obscure background market that is vital to ...

Read more


Treasury seizes Fannie Mae, Freddie Mac to bolster housing market - Miami Herald

Treasury Secretary Henry Paulson, left, speaks at a news conference with Federal Housing Finance Agency Director James Lockhart. AP/Susan Walsh WASHINGTON — The historic seizure Sunday of mortgage finance titans Fannie Mae and Freddie Mac is ...

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