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First American LoanPerformance Mortgage Securities Database Surpasses $1.5 Trillion Milestone 
First American LoanPerformance, a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced that its mortgage securities database now contains loan-level information on more than $1.5 trillion worth of active securitized mortgages.
Source: www.sys-con.com

Fitch Rates Citigroup Commercial Mortgage Trust, Series 2006-FL2 
NEW YORK—-Fitch rates Citigroup Commercial Mortgage Trust, Series 2006-FL2, commercial mortgage pass-through certificates as follows: $711,655,000 Class A-1 ‘AAA’; $237,218,000 Class A-2 ‘AAA’; $1,193,552,082 Class X-1 ‘AAA’; $0 Class X-2 ‘AAA’; $1,193,552,082 Class X-3 ‘AAA’; $17,904,000 Class B ‘AA+’; $20,887,000 Class C ‘AA+-’; $38,790,000 Class D ‘AA’; $26,855,000 Class E ‘AA-’;
Source: biz.yahoo.com

Broward feels stress over high rate of foreclosures 
Broward County had the second-highest mortgage foreclosure rate among the nation’s top 100 metropolitan areas during the third quarter, according to a report released Friday.
Source: www.sun-sentinel.com

HouseRaising Develops Program With SunTrust Mortgage to Enable Affiliated Builders to Buy Materials From Lowe’s on a  
HouseRaising, Inc. , a managed service provider to the custom homebuilding industry, today announced the development of a credit program with SunTrust Mortgage, a subsidiary of SunTrust Banks, Inc. , which enables builders affiliated with HouseRaising to buy materials and supplies from Lowe’s , through a master credit facility.
Source: biz.yahoo.com

Countrywide CEO: housing slump to last a year 
No. 1 mortgage lender’s exec says buyers must first believe home prices won’t decline.
Source: money.cnn.com

Tags: mortgage, mortgage rate, mortgage news, mortgages

This entry was posted on Thursday, November 16th, 2006 at 2:00 pm and is filed under Online Mortgage Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.