Archive for July 14th, 2010

Fitch cautious on debt refinancing risk
Sydney Morning Herald
It says this trend is likely to continue, especially as bond and large corporate bank loan rates converge, and where the bond market affords longer dated
Fitch Downgrades 11 Classes of CSFB 2003-C5; Revises Outlooks & LS RatingsFinancial Post
Fitch Affirms Beckman Coulter Net Lease P-T Ctfs Series BC 2000-AMarketWatch (press release)
Fitch Takes Various Actions on JP Morgan 2004-CIBC9; Assigns RR & LS RatingsNational Post (registration) (blog)
BusinessWeek -China Digital Times -Alibaba News Channel
all 78 news articles »

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MyNews.in
Making Home Affordable
Arizona Republic
Provides taxpayer incentives to loan servicers who approve mortgage-loan modifications. Borrowers must be the home's occupants and must demonstrate
Underwater Mortgage Home Affordable Refinance Program–Can Underwater Red, White, and Blue Press (blog)
A Chattel Home Affordable Modification Program is a Type of Finance Which is Mortgage11
Is It Possible For You to Avail Obama Loan Modification?BigNews.biz (press release)
PR Web (press release) -MyNews.in -Credit.com News
all 129 news articles »

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KSTP.com
Golden Valley Car Scam Investigation
KSTP.com
They weren't refinancing though, police say they were signing new loans on top of their original loans. That means some customers ended up paying two loans

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CREDIT MARKETS: Hesitant But Still Open Despite Gloomy Data
Wall Street Journal
The deal, run by JP Morgan, will refinance Calumet's existing debt and pay the transaction costs of securing a new revolver. Interactive Data Corp.

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Credit.com News
Number of home loan applications declines, MBA reports
e-wisdom.com (blog)
Both purchase and refinance loan applications dipped during the week when compared to the prior seven-day period. The former saw a decline of 3.1 percent,
Mortgage Applications Hit 14-Year LowThe Epoch Times
Low Interest Rates and Home BuyersOne Face In A Million News (blog)
Expect Second-Half Housing and Durable Goods CrashFavStocks (blog)
Credit.com News -The Atlantic (blog)
all 6 news articles »

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Fitch Affirms Beckman Coulter Net Lease P-T Ctfs Series BC 2000-A
MarketWatch (press release)
Each property is subject to a NNN lease in which the tenant is obligated to make at a rate reflecting an amount equal to the loan's principal and interest
Fitch Downgrades 11 Classes of CSFB 2003-C5; Revises Outlooks & LS RatingsFinancial Post
Fitch Downgrades GMAC Commercial Mortgage Securities 2001-C2; Assigns Outlooks National Post (registration) (blog)
Fitch cautious on debt refinancing riskSydney Morning Herald
SmartBrief -SunHerald.com -PYMNTS.com
all 73 news articles »

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Moneywatch Q & A: Low Interest Rates
KTVN
But what about if you simply want to refinance? We'll talk about it in tonight's Moneywatch Q & A segment with Shayla Gifford of Guild Mortgage.

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Warnings of Risks to China Banks
New York Times
The report also said that Chinese regulators significantly understated loan growth in the first half of the year, by 28 percent, or about $190 billion,
Fitch Downgrades 11 Classes of CSFB 2003-C5; Revises Outlooks & LS RatingsFinancial Post
Fitch Takes Various Actions on JP Morgan 2004-CIBC9; Assigns RR & LS RatingsNational Post (registration) (blog)
China Loans 'Distorted,' Exceeding Official Numbers, Fitch SaysBusinessWeek
Alibaba News Channel -FT Alphaville (blog) -SmartBrief
all 62 news articles »

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RLPC-iStar's debt restructuring could be tricky - sources
Reuters
the debt restructuring or refinance, according to LPC data. iStar amended its credit facility in March 2009 to extend $1.695 billion of syndicated loans
iStar Plans $3B Debt RestructuringEmii.com

all 2 news articles »

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White Papers For Credit Union Mortgage Departments
Mortgageorb
The white papers - "Managing Production Challenges Resulting from Unexpected Increases in Volume," "Loan Modification vs. Loan Refinance" and "Success

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