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Mortgage Loans Arizona Newsmortgage loans arizonaNEW 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 moreTwo CMBS loans headed for default -Credit Suisse - FXStreet.comNov. 20 (Bloomberg) -- Mortgages on offices, shopping malls and hotels that were based on projections of soaring income during the real estate boom are roiling the bond market. A $209 million loan made by JPMorgan Chase & Co. to finance the Westin La ... Read moreCommercial Mortgages With `Outlandish' Forecasts Roil Bonds - BloombergNEW YORK (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 million ... Read moreBig CMBS loans seen near default, index yields soar - ForbesNEW 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.comThe BBB-5 CMBX is above 3250. Do you know where your money is? These are record levels for the index, and they are seemingly indicative of even greater trouble in the CMBS market. If one were to use the stock price of many Mortgage REITs however, it ... Read moreBig CMBS Loans Near Default; CMBX Soars, REITs Tank - Seekingalpha.comNov. 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 - Bloomberg– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ... Read moreLenders criticize gov't mortgage aid program - Ledger-EnquirerCINCINNATI (AP) _ The payday loan industry — stung at the Ohio ballot box with a strict new law — is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results. Lenders ... Read moreDefeated in Ohio, payday lenders look at other options to offer short ... - Chicago TribuneNEW YORK (CNNMoney.com) -- Citigroup says it will expand its foreclosure prevention efforts and try to keep 130,000 troubled borrowers with $20 billion in mortgages in their homes. The news follows similar initiatives announced earlier this year by ... Read moreCiti to modify $20 billion in home loans - CNN MoneyA former Phoenix mortgage broker was sentenced to 42 months in federal prison for bilking four senior citizens out of more than $400,000 in a residential mortgage loan operation scam. Rick Thomas McCullough, 36, also will receive seven years ... Read more |
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