Mall partly owned by Simon Property defaults on payment Reuters N has defaulted on a $124 million balloon mortgage payment after two of the main stores there filed for bankruptcy. The Mall at the Source in Westbury, New York, defaulted on the payment of the principal on March 11, said a spokesman for Simon, ... Market Report -- In Play (SPG) Simon Property Group Completes Two Secured Financings Simon Property Group Completes Two Secured Financings |
Archive for March, 2009
Mall partly owned by Simon Property defaults on payment - Reuters
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Mortgage Stress Drops on Lower Rates, Handouts, Australian Says - Bloomberg
Mortgage Stress Drops on Lower Rates, Handouts, Australian Says Bloomberg By Jacob Greber April 1 (Bloomberg) -- The number of Australians facing mortgage stress has fallen by 300000 from its peak last August amid declines in borrowing costs and government cash handouts, the Australian newspaper said. ... Low interest rates help ease mortgage stresses Mortgage stress slumps 5.5pc: report Fujitsu Australia, Short Term Mortgages Stress Relief In Sight ... |
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US mortgage bond issuance plunged in 1st quarter - Reuters
 Boston Globe | US mortgage bond issuance plunged in 1st quarter Reuters NEW YORK, March 31 (Reuters) - US mortgage-backed securities issuance plunged in the first quarter of 2009 from the same period a year earlier as uncertainty reigned in the housing market and investors shied away from risky instruments, a survey showed ... Who is a responsible homeowner? Fannie, Freddie May Aid Mortgage Banks 10-K: NEW YORK MORTGAGE TRUST INC |
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Pa. suit targets mortgage disability insurance - Chicago Tribune
Pa. suit targets mortgage disability insurance Chicago Tribune, United States The couple agreed to pay extra for the disability insurance when they got a second mortgage from their credit union in October 1997. The couple claims they were told the insurance would cover 10 years of mortgage payments should the policy holder ... Federal lawsuit targets mortgage disability insurance that doesn't ... |
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Pennsylvania's mortgage rates increase faster than national average - Bizjournals.com
 CompareAndSave.com | Pennsylvania's mortgage rates increase faster than national average Bizjournals.com, NC The average rate for a 30-year fixed-rate mortgage went back on the increase last week, with Pennsylvania's rates increasing faster than the national average, according to Web site Zillow.com. For the week ended March 29, the national average 30-year ... Mortgage Rates For April 31 2009 UK mortgage market is becoming 'more competitive' Deal Or No Deal: The 50-Year Mortgage |
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US insured mortgage defaults dip in Feb. from Jan. - Reuters
US insured mortgage defaults dip in Feb. from Jan. Reuters By Lilla Zuill NEW YORK, March 31 (Reuters) - Defaults on privately insured US mortgages fell nearly 16 percent in February from the month before but were still half again higher than a year earlier. The Mortgage Insurance Cos of America, or MICA, ... MICA: $945B Of Privately Insured Mortgages In February Insured Mortgage Defaults Up 47 Percent: Report |
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Mortgage Rates Cut By Builders - Wall Street Journal
Mortgage Rates Cut By Builders Wall Street Journal By MICHAEL CORKERY and DAWN WOTAPKA As mortgage rates fall to near historic lows, some home builders are offering even lower interest rates, in an effort to lure buyers amid the slow spring selling season. The latest sales promotion: Lennar Corp. is ... Lennar Lowers Mortgage Rate To 3.625% Mortgage Rates Slide To 4% For 30-Year Lennar Offers 3.625% Mortgages. Could Rates Go Lower? |
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US looks for ways to free up mortgage finance - Reuters
 Reuters | US looks for ways to free up mortgage finance Reuters By Patrick Rucker WASHINGTON (Reuters) - US officials are considering ways the government could step in to ensure small mortgage lenders have the financing they need to extend loans now that their credit lines with big banks have dried up. ... Fannie, Freddie May Aid Mortgage Banks New Task Seen for Fannie, Freddie Govt mortgage vehicles on anvil |
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Eleven indicted in mortgage fraud scheme - Bizjournals.com
Eleven indicted in mortgage fraud scheme Bizjournals.com, NC Eleven South Floridians have been indicted in a mortgage fraud scheme totaling more than $4.7 million, according to the US attorney for the Southern District of Florida. Ten of the defendants were arrested last week; the 11th, identified as Julissa ... |
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Foreclosures spike - so do mortgage-help plans - CNN
Foreclosures spike - so do mortgage-help plans CNN By Les Christie, CNNMoney.com staff writer NEW YORK (CNNMoney.com) -- Lenders have helped an increasing number of mortgage borrowers to get current on payments and stay in their homes, but the tide of foreclosures is still rising. ... Foreclosures increase despite lender aid The Business Journal of ... Mortgage Crisis a Prime Problem, Data Shows Lending Industry Modified 134000 Mortgages in February |
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