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Mortgage Bond Market On Edge, Guessing On US Refinance Plans - Wall Street Journal


Mortgage Bond Market On Edge, Guessing On US Refinance Plans
Wall Street Journal
Traders reported the most volatile trading this year in some MBS amid speculation that the Obama administration would remove at least some hurdles to refinancing for borrowers with weaker credit and whose loans are underwater. ...

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Wescom filing for protection from bank - Daily Triplicate


Wescom filing for protection from bank
Daily Triplicate
Western Communications, the parent company of The Daily Triplicate, filed for Chapter 11 bankruptcy in federal court in Portland, Ore., on Tuesday, citing difficulty renegotiating $18 million in loans with Bank of America. The company will continue to ...

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Distressed sales in spring down from 2010 level - Chicago Tribune


ABC News

Distressed sales in spring down from 2010 level
Chicago Tribune
Sales of foreclosed homes in the Chicago area and nationally were down from a year ago in the three months that ended in June, but they constituted a larger percentage of overall home sales as the conventional resale market weakened, according to new ...
Distressed Sales in Spring Down from 2010 LevelLoanSafe

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Clopton Capital Announces Ways to Help Small Businesses with an SBA Loan - San Francisco Chronicle (press release)


Clopton Capital Announces Ways to Help Small Businesses with an SBA Loan
San Francisco Chronicle (press release)
Clopton Capital is a commercial financing firm that is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and semi truck financing. The founder of Clopton Capital is ...

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Fitch Downgrades 1 Class of Commercial Mortgage Asset Trust, Series 1999-C2 - SunHerald.com


Fitch Downgrades 1 Class of Commercial Mortgage Asset Trust, Series 1999-C2
SunHerald.com
The downgrade reflects interest shortfalls currently being incurred on class F as a result of trust expenses from specially serviced loans. While Fitch expects class F to receive full principal, the lack of timely interest payments no longer meets ...

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