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Fitch: U.S. CMBS Delinquencies Up 6 BPs on Maturity Defaults - PR InsideAn uptick in non-performing matured loans drove overall U.S. CMBS delinquencies six basis points (bps) higher in October to end the month at 0.51%, according to the latest U.S. CMBS loan delinquency index by Fitch Ratings. 'With CMBS issuance at a ...
October retail sales expected to be weak - WTOP RadioWASHINGTON (AP) - Consumers, the backbone of the economy, are taking a beating from the worst economic crisis in seven decades and there is little prospect of that letting up soon. Recent news has been dreadful, with the government reporting that ...
Today's most viewed articles - Portsmouth HeraldWe would like to thank the Hampton Community Coalition, the Hampton Recreation Department and the Trinity Episcopal Church for a wonderful time at Applecrest on Oct. 24. The program, music, prizes and delicious homemade apple desserts all made for an ...
Milwaukee reps get Joint Finance Committee posts - Milwaukee Journal SentinelNov. 13, 2008 5:37 p.m. | Madison - Two Milwaukee Democrats were named Thursday to the Legislature's powerful Joint Finance Committee - giving the state's largest city a consolation prize a day after Milwaukee was shut out of top leadership jobs in ...
McCain, Obama push hard on records, vision for nation - Boston GlobeSpeaking directly to undecided voters, Senator John McCain challenged rival Barack Obama last night in their second debate on his reform vision for the country, asserting that Obama's record belied his rhetoric on lowering taxes, reining in ...
PE Eyes Bailout Funds - CNBCThe Case for a Homeowner Ba... Calls for a homeowner bailout in the U.S. are growing louder, with Susan Wachter, Wharton Business School; Howard Glaser... With shock after shock to the world's financial system, the credit crunch continues to drive a ...
Detroit Free Press Susan Tompor column: GM, Ford too big to fail? - TradingMarkets.comWho would imagine that we'd speculate on such an odd question -- especially after the federal government's guarantee of $25 billion in loans for the auto industry? But clearly, these are not normal times. The Dow Jones Industrial Average had its ...
McCain's plan for troubled home loans called impractical - NewsdayWASHINGTON - John McCain 's proposal to have the federal government directly buy and refinance troubled home loans would cost about $300 billion, his campaign said yesterday, as the plan was criticized in light of the scale of the mortgage meltdown ...
McCain's Plan Calls for Government to Buy Mortgages (Update4) - BloombergOct. 8 (Bloomberg) -- Republican presidential candidate John McCain is proposing the government divert some money set aside for buying mortgage securities and instead purchase home loans. The plan would help homeowners in danger of foreclosure ...
Experts Offer Foreclosure Advice - KCTV 5They said homeowners who can't afford their monthly mortgage payments should first try to refinance to lower their payments. If banks deny a homeowner a new loan, there is one more step they can take to avoid ruining their credit. "I go through this ...
Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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