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Financial News
A Window on Hotel CMBS: Columbia Sussex - Seekingalpha.com
In the four years prior to 2008, mortgage backed securities drove the hotel acquisition market. Though issuance of new CMBS in 2008 has been replaced by withered vines (less than 1/10th the issues in the first two quarters of 2008 compared to 2007 ...

ANALYSIS: Looming financial crisis was ignored by Bush administration - Columbia Missourian
WASHINGTON — The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...

Business news in brief - Philiy.com
Drugmaker Merck & Co. Inc. yesterday forecast lower profit and flat revenue in 2009 - far below Wall Street expectations - with management blaming the weak global economy, generic competition, slower sales of key products, and restructuring charges ...

More lose homes, go bankrupt - The State
South Carolina is on track this year to record its largest number of bankruptcy filings since a 2005 change in federal law made it more difficult for people to file. And those who deal with bankruptcies say the rise is related to the increase in the ...

TransUnion: 3Q mortgage delinquencies shoot higher - WTOP Radio
NEW YORK (AP) - The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC. For the quarter ended Sept. 30, 3.96 percent of ...

Rate portfolio before paying off mortgage - Baltimore Sun
Q: Should we pay off our mortgage? We have five years and $40,000 to pay down at a mortgage rate of 4.7 percent. The monthly payment is $675. We are both 67 and retired with a monthly income between Social Security and pensions of around $4,300. We ...

Latest News - dBusinessNews.com
Maurice's Gourmet Barbeque Recognized by Kiplinger's Personal Finance Magazine COLUMBIA -- Maurice's Gourmet Barbeque is pleased to announce the ... Microsoft and EMC's RSA Security Division Team Up to Help Customers Secure Sensitive Data HOPKINTON ...

Fitch Affirms Wells Fargo's 'RMS1' RMBS Master Servicer Rating - Earthtimes
NEW YORK - (Business Wire) Fitch Ratings has affirmed Wells Fargo Bank, N.A.'s (Wells Fargo) U.S. residential master servicer rating as follows: --Master servicer at 'RMS1'. This rating action reflects Wells Fargo's extensive master servicing ...

Keepin' It Real Estate: Treasury Tries to Re-Inflate Housing Bubble - MSN MoneyCentral
Treasury Secretary Hank Paulson is hoping he's found the magic bullet to solve the US housing market's seemingly never-endless woes. He hasn’t. By throwing around the weight of recently nationalized mortgage giants Fannie Mae (FNM) and Freddie Mac ...

Treasury Ponders Rate Relief for Home Buyers - Smart Money
WASHINGTON (Dow Jones) -- The Treasury Department is considering a plan to revitalize the U.S. home market that would push down interest rates for loans to purchase a home, according to people familiar with the matter. The plan, which is in the ...

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