Fitch Affirms Sovereign Commercial Mortgage Securities Trust 2007-C1 (Centre bi2330206 Fitch Ratings has affirmed Sovereign Commercial Mortgage Securities Trust's commercial mortgage pass-through certificates, series 2007-C1, as follows:..

Credit crunch crimps commercial development (The Post and Courier) bi2330206 Large and small commercial developments nationwide have been delayed or scrapped as lenders tighten credit standards on construction loans. Whether some of these projects break ground or reach completion remains uncertain

Mortgage arrears 'on the rise' (BBC News) bi2330206 The number of people falling behind on mortgage payments has gone up by almost 60%, says the court service

COMMERCIAL NOTES (Richmond Times-Dispatch) bi2330206 CONTRACTS Zacharias Brothers Realty has been retained to manage the following properties: 6,846 square feet at 2914 Chamberlayne Ave. Richmond. 12,080 square feet at 3613 Chamberlayne Ave. Richmond. 11,028 square feet at 3619 Chamberlayne Ave. Richmond. 25,600 square feet at 3803 Chamberlayne Ave. Richmond

Commercial-Mortgage Deals Get More Upgrades Than Cuts (Nasdaq) bi2330206 Moody's Investor Service said upgrades of U.S. commercial mortgage-backed securities and commercial real-estate collateralized debt obligations outnumbered downgrades the first half of 2008, a marked contrast to the vast slashings being handed out on securites backed by residential mortgages

New law erases some licenses :40 percent of Indiana mortgage brokers affected bi2330206 INDIANAPOLIS -- Nearly 40 percent of Indiana's mortgage brokerages lost licenses week because they haven't complied a new law aimed at raising the standards of the industry a state one of the nation's highest foreclosure rates

BankUnited Launches Mortgage Assistance Program (Business Wire via Yahoo! Fin bi2330206 CORAL GABLES, Fla.----BankUnited Financial Corp. , parent company of BankUnited FSB, today launched a comprehensive Mortgage Assistance Program to provide relief to thousands of borrowers whose option-ARM loans are no longer optimal for current situations

MCAN Mortgage Corporation reports second quarter earnings and an increase bi2330206 MCAN Mortgage Corporation reported net income of $4.9 million for the second quarter of 2008, up from $4.2 million a year earlier. Earnings per share for the quarter were $0.35 compared to $0.33 last year

Commercial Mortgage Delinquencies California Up Only Slightly (Commercial bi2330206 The bad news that commercial real estate loan defaults California have tripled last quarter and doubled a year ago, according to the latest quarterly report from the California Mortgage Bankers Association

BRT Realty swings to 2Q loss on real estate slump (AP via Yahoo! Finance) bi2330206 BRT Realty Trust, makes commercial mortgage loans, said Friday swung to a loss the second quarter as a result of the real estate and credit slumps

GM looking to refinance Detroit headquarters - Reuters bi2330206 Reuters GM looking to Detroit headquarters Reuters - 11 hours ago DETROIT (Reuters) - General Motors Corp looking for support from Detroit city pension officials to Detroit headquarters and could possibly GM Looks to Ren Center to Generate Extra Cash Flow MotorTrend Magazine Selling GM Headquarters WYTV General Motors could sell Detroit headquarters to raise cash The Canadian Press BusinessWeek - Forbesall 144 news articles..

Former Bush aide: Refinance everybody at 5.25% - Los Angeles Times bi2330206 Former Bush aide: everybody at 5.25% Los Angeles Times, CA - 7 hours ago mortgages on primary residences to be d 30-year fixed-rate mortgages at 5.25% (matching the lowest mortgage rate the past 30 years), ..

Russia to refinance offshore debt under new law-sources - Reuters bi2330206 Russia to offshore debt under new law-sources Reuters - 19 hours ago MOSCOW, Oct 7 (Reuters) - The Russian government quickly preparing amendments to draft anti-crisis legislation to allow state banks to ..

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