new zealand's Guardian Mortgage Fund Suspends Withdrawalsjuly 30 (bloomberg) -- guardian mortgage fund, which lends to new zealand property owners, is suspending investment and withdrawals, affecting about nz$249 million ($184 million) of funds.six mortgage foreclosures involve land connected with three bears resortsix mortgage foreclosure notices filed against properties owned by three bears resort ceo ed van der molen and various partners involve individual land parcels connected with the resort.gmac mortgage in troy plans layoffsgmac mortgage in troy plans to lay off 73 workers starting oct. 3 through dec. 31.commercial-mortgage deals get more upgrades than cutsmoody's Investor Service said upgrades of U.S. commercial mortgage-backed securities and commercial real-estate collateralized debt obligations outnumbered downgrades in the first half of 2008, a marked contrast to the vast slashings being handed out on securites backed by residential mortgages. |
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