fitch rates $151mm phh mortgage trust, series 2008-cim2
fitch rates phh mortgage trust, series 2008-cim2 residential mortgage pass-through certificates, as follows:
mortgage fraud ringleader sentenced to 13 years
a kansas city businessman was sentenced to 13 years in prison for a $17 million mortgage fraud scheme that included buying a home owned by former jackson county executive katheryn shields and her husband.
nev., mich., fla. lead mortgage 'Underwater' list
almost half of nevada homeowners with a mortgage owe more to the bank than their homes are worth. if you add in the homeowners like them in california, arizona, florida, georgia and michigan, together they account for nearly 60 percent of all homeowners who are "underwater" on their mortgages.
bmo slashes mortgage rate
there were preliminary indications yesterday that residential mortgage rates could be drifting lower after bank of montreal announced a "special" offer of 5.25 per cent on its benchmark five-year, fixed-rate home loan.
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