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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.
rising us jobless rate may drag prime mortgage borrowers down
new york -(dow jones)- the persistent rise in the u.s. unemployment rate is deepening concern that more homeowners will fall behind on their mortgage payments.
david w. myers: agency won't pay off your mortgage
dear david: the bank that gave me my mortgage two years ago recently failed and was taken over by the federal government. the bank was insured by the fdic. will the federal government automatically pay off my loan?
costa rica vacation homes hit by u.s. mortgage crisis
the u.s. mortgage crisis has hit costa rica's once booming vacation home market, with sales plummeting as Americans who dream of buying a tropical getaway struggle to find financing.
