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state investigates mortgage licensing policy for felons

gov. charlie crist and the state's three Cabinet officers agreed Tuesday to investigate reports that Florida has allowed thousands of criminals to work in the mortgage business.

axa closes door on big mortgage fund withdrawals

axa new zealand has become the fifth investment manager in as many months to suspend withdrawals from a mortgage-backed investment. yesterday, it said institutional investors would be blocked for three months from making any redemptions from its $230 million mortgage-backed bonds fund.

great wolf resorts, inc. closes on williamsburg mortgage loan

great wolf resorts, inc. (nasdaq: wolf), north america's leading family of indoor waterpark resorts, today announced that it had closed on a $65 million non-recourse mortgage loan on its Williamsburg, Va. resort property. The new loan matures in 2011, has a one-year extension option, and bears interest at a rate of LIBOR plus 350 basis points, with a minimum rate of 6.25 percent per annum. Upon...

commercial-mortgage deals get more upgrades than cuts

moody'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.

can charge) Between that minimum and maximum, the loan officer has
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Lending Georgia Mortgage Home Loan Reserve adjusts federal funds rate, which is the rate at which
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