state pulls mortgage firm plugthe massachusetts division of banks filed a temporary cease and desist order against a mortgage broker with two local offices, preventing the operation from originating any more loans.mortgage crisis spreads to conventional loansthe sub-prime mortgage crisis was just the tip of the iceberg. analysts are saying a new wave of foreclosures is on the way. and this time, people who got reasonable home loans and have good credit are falling behind. madeleine brand talks to real estate analyst mike larson of weiss research about how a new wave of defaults is a symptom of a larger trend.fitch rates alaska hfc $81mm home mortgage revs 'AA+'fitch assigns a rating of 'AA+' to alaska housing finance corp.'s (AHFC) $80.9 million home mortgage revenue bonds, 2008 series B. The bonds are expected to be sold during the week of Aug 4th as a negotiated transaction. Additionally, Fitch affirms the 'aa+' rating on the outstanding $810.1 million 2008 Series A, 2007 series A-D, 2006 series A-C and 2002 series A bonds.don't fall 90 days late on mortgagepull out all the stops to avoid falling 90 days behind on mortgage payments, says the debt adviser. |
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