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Banks bypass S&P when rating CMBS

Banks bypass S&P when rating CMBS

Financial research and ratings firm Standard & Poor’s has been pushed out of commercial mortgage-backed securities deals following a $15 billion sale that went south last year, Bloomberg News reported. Last July, a massive...

Banks bypass S&P when rating CMBS
U.S. home prices inch up in August

U.S. home prices inch up in August

For the fifth consecutive month, the Standard & Poor’s/Case-Shiller Home Price Index rose in August, indicating slight increases in nationwide home prices. The 10-city and 20-city composites inched up about 0.2 percent on a...

U.S. home prices inch up in August
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Housing slump to continue at least another year: Herman

Watch the latest video at <a href=”http://video.foxbusiness.com”>video.foxbusiness.com</a> Prudential Douglas Elliman CEO Dottie Herman appeared on Fox Business this week...

Housing slump to continue at least another year: Herman
National mortgage default rates drop in July

National mortgage default rates drop in July

There has been a month-over-month decrease in national default rates for first and second mortgages, with second mortgage default...

National mortgage default rates drop in July
S&P downgrades Fannie, Freddie

S&P downgrades Fannie, Freddie

Standard & Poor’s today downgraded Fannie Mae and Freddie Mac to AA+ from AAA+ following its downgrade of the U.S. credit rating this past Friday night, the New York Times reported. The S&P explained...

S&P downgrades Fannie, Freddie
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