Fitch Rates Southern California Edison's $500MM First & Rfdg Mortgage Bonds 'A+'
NEW YORK----Fitch Ratings has assigned an 'A+' rating to Southern California Edison's $500 million 5.5% issuance of first and refunding mortgage bonds due March 2040. The securities were priced on Monday, March 8, 2010 and are expected to settle on March 11, 2010.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 15:06:49 03/09/10

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Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 15:38:08 03/09/10

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(AFX UK Focus) 2010-03-08 21:07 New Issue-Southern California Edison sells $500 mln in bonds
March 8 (Reuters) - Southern California Edison Co, a unit of Edison International on Monday sold $500 million of first and refunding mortgage bonds, said IFR, a Thomson Reuters service.
Read more News Source - Interactive Investor
Publish date - 21:12:03 03/08/10

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Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 03:32:35 03/09/10

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Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.76%, According to Zillow(R) Mortgage Rate Ticker
The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76 percent, down four basis points from 4.80 percent compared to this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 19:35:51 03/09/10

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California legislators vote to extend tax relief for home short sales
Mar. 9--Legislation to prevent the state from taxing forgiven mortgage debt cleared the state Assembly early Monday, offering potential tax relief to thousands of Californians who lost their homes in 2009.
Read more News Source - Builder Magazine
Publish date - 19:36:10 03/09/10

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Bill to ban state taxes on forgiven mortgage debt goes to Gov.
A political showdown is on between the Legislature and governor regarding a bill to ban the state from taxing forgiven mortgage debt.
Read more News Source - The Sacramento Bee
Publish date - 23:54:39 03/08/10

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Real estate agent, father charged in mortgage fraud case
A Bakersfield real estate agent and her father have been charged in a mortgage fraud scheme, accused of getting kickbacks from $4.1 million in fraudulent mortgage loans that almost immediately went into default, according to legal filings. Guadalupe Ramirez, 31, and her father, Augustine Ramirez, 60, were not in custody Thursday but were each wanted on $1 million arrest warrants, according to ...
Read more News Source - The Bakersfield Californian
Publish date - 21:39:47 03/08/10

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Can't make your mortgage? Get an emergency loan
The jobless may not be getting much help from President Obama's loan modification program, but those in Pennsylvania have another place to turn.
Read more News Source - CNN Money
Publish date - 21:39:42 03/08/10

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Mortgage loan modifications are hard to get
Donna McCartney made phone call after phone call and wrote letters about her family’s deteriorating financial predicament and their inability to make their mortgage payments. She appealed to her mortgage company, beginning more than a year ago, hoping to get her interest rate reduced. She wrote to the president, her congressman and her senators.
Read more News Source - Richmond Times-Dispatch
Publish date - 05:22:08 03/07/10

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