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Interest Only Mortgage Newsinterest only mortgageFitch 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 class J to 'CC' from 'B' and ... Read moreFitch Downgrades 3 Classes of GMAC 1998-C1; Assigns Stable Outlooks - PR InsideParis Hilton and Prince William? Please, noooooooo. According to Fox News' Pop Tart, Prince William may be planning to hook up with the newly single Paris Hilton on New Year's Eve in Australia Now that's a "gotcha" rebound, if ever we've heard one ... Read moreIs Paris Hilton trying to snag Prince William? - Hampton Roads Daily Presse predicting, people who took out the loan will not have to pay any interest on their mortgage at all, and will only have to make capital repayments. With the base rate at 3 per cent, homeowners who took out one of the loans are currently paying ... Read moreDelight for some with interest-free mortgages - yorkshirepostMy first impression of Mortgage Marvel (MM) was that it was a multi-lender shopping Web site, which would make it the fourth new one I have reviewed in 2008; the others are Loan.com, Mortgage Grader and Zillow Mortgage. My second impression was that ... Read moreMortgage Marvel Web site is not best option for mortgage-loan shoppers - Herald TribuneCENTRAL VALLEY — A third suspect accused of taking part in a mortgage scam based in a home office in Central Valley has pleaded guilty, federal prosecutors announced this week. Riccardo White, 48, pleaded guilty to fraud charges on Monday in ... Read more3rd suspect pleads guilty in mortgage scam - Times Herald-RecordWASHINGTON (AP) _ The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a ... Read moreFeds consider changes to mortgage program - Salem NewsReporting from Washington -- You may have seen headlines about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could affect you or ... Read moreEfforts expand to help financially distressed homeowners - Los Angeles TimesSaturday, November 15, 2008 If you don't, it's getting harder to answer that question, especially when our government keeps giving people who owe more than their homes are worth so many reasons not to pay. Last week, the government announced a ... Read moreAre you an idiot to keep paying your mortgage? - San Francisco GateWith no end to the foreclosure epidemic in sight, mortgage lenders have begun to do something they previously resisted: rewriting the terms of mortgage loans. The about-face is a bow to political pressure and reality: The number of foreclosed ... Read moreMore lenders offer mortgage relief programs - Minneapolis Star TribuneNEW YORK — The federal government keeps bailing out the financial industry, but some working in that world seem reluctant to do their part, even if that could help stem the financial system’s meltdown. At the center of today’s economic and ... Read more |
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