Mortgage and Financial News From 2007-12-28 Page 6

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  • Top 8 bankruptcy tips for '08 (Bankrate.com via Yahoo! Finance)

    The housing crisis leads the way in bankruptcy despair, but being proactive can help ease the pain, says the Bankruptcy Adviser.
    2007-12-28 03:00:00

  • Lender Pretenders (13WHAM Rochester)

    Rochester, N.Y. - Anyone with a mortgage could fall victim to predatory lenders, as one couple from Rochester almost did.
    2007-12-27 03:41:01

  • Clinton campaign calls for moratorium on Arizona foreclosures

    Phoenix Business Journal - That plan, originally unveiled Dec. 3 on Wall Street, calls for a 90-day moratorium on foreclosures on subprime owner-occupied homes, freezing monthly subprime mortgage rates for at least five years or at affordable fixed-rates, and requiring the ...
    2007-12-28 03:18:00

  • Minneapolis Urban League offers help on foreclosures

    Minneapolis Star Tribune - The Minneapolis Urban League is opening a new center to help families who are facing foreclosure or the prospect of their mortgage adjusting to rates they can't afford. Families in that predicament can stop by the Sustainable Homeownership and Anti ...
    2007-12-28 10:32:00

  • Fitch Rates UBS Commercial Mortgage Trust 2007-FL1

    PR Inside - --$3,000,000 class O-BH 'BBB-'. All classes are privately placed pursuant to Rule 144A of the Securities Act of 1933. The certificates represent beneficial ownership interest in the trust, primary assets of which are 27 fixed- or floating-rate loans ...
    2007-12-28 01:52:00

  • Fitch Rates Morgan Stanley Capital I Trust 2007-HQ13

    Forbes - Morgan Stanley Capital I Trust 2007-HQ13, commercial mortgage pass-through certificates are rated by Fitch Ratings as follows: --$146,100,000 class A-1 'AAA'; --$179,353,000 Class A-1A 'AAA'; --$67,700,000 class A-2 'AAA'; --$334,490,000 class A ...
    2007-12-28 12:34:00

  • Fitch Rates Banc of America Commercial Mortgage Inc., Series 2007-5

    Forbes - Class XW is a notional amount and interest only. The $34,856,583 class S is not rated by Fitch. All classes are privately placed pursuant to rule 144A of the Securities Act of 1933. The certificates represent beneficial ownership interest in the ...
    2007-12-28 10:53:00

  • Fitch Rates CWMBS $781.8MM Mtge P-T Ctfs Series 2007-2

    Forbes - Fitch rates CWMBS, Inc.'s (CWMBS) mortgage pass-through certificates, CHL mortgage pass-through trust 2007-21 as follows: --$759,390,236 classes 1-A-1 through 1-A-3, 1-X, 1-PO, 2-A-1 through 2-A-3, 2-X, 2-PO and A-R certificates (senior certificates ...
    2007-12-28 01:45:00

  • US mortgage rates drop 1/4 point Friday - BestInfo

    Reuters - NEW YORK, Dec 28 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points fell by 1/4 percentage point to 6-1/8 percent on Friday, according to BestInfo Inc. The 30-year mortgage rate with one upfront point dropped by 1/4 ...
    2007-12-28 10:53:00

  • Mortgage rates rise at largest banks

    MSN MoneyCentral - Mortgage rates at Hawaii's largest banks nudged upward this week after dipping below 5.75 percent at most of the major lenders last week. First Hawaiian Bank offered 5.875 percent and 1.5 points, and Bank of Hawaii offered 5.875 percent with 1.625 ...
    2007-12-28 03:11:00

  • Fitch Rates FHASI $265MM Mortgage P-T Ctfs, Series 2007-6 (Business Wire via Yahoo! Finance)

    NEW YORK----Fitch rates First Horizon Asset Securities Inc. mortgage pass-through certificates, series 2007-6 as follows:
    2007-12-28 11:22:00

  • 30-year mortgage rates increase to 6.17 percent (Honolulu Advertiser)

    Mortgage company Freddie Mac reported yesterday that 30-year fixed-rate mortgages averaged 6.17 percent this week. That was up from 6.14 percent last week and was the highest since the week of Nov. 21, when 30-year rates stood at 6.20 percent.
    2007-12-28 05:33:20

  • Mortgage rates rise at largest banks (bizjournals.com via Yahoo! Finance)

    Mortgage rates at Hawaii's largest banks nudged upward this week after dipping below 5.75 percent at most of the major lenders last week.
    2007-12-28 03:08:47

  • New Fed proposal on mortgage lending depends on states

    Los Angeles Daily News - WASHINGTON - The Federal Reserve's proposals last week to address deception and fraud in mortgage lending will all be for naught unless the states, the Fed and other federal agencies tighten their enforcement of the lending rules. Lending standards ...
    2007-12-24 03:59:00

  • Freddie Mac warns of fraud via Web video

    Denver Post - Mortgage investor Freddie Mac is taking its consumer-protection message to an unusual place: YouTube.com . The two-minute video on YouTube warns those facing foreclosure about scams that con artists are using to take the deeds to their homes. Freddie ...
    2007-12-26 03:56:00

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