Lanesborough REIT announces closing of public offering of second mortgage bonds and warrants
Lanesborough Real Estate Investment Trust announced today that it has closed its previously announced public offering of investment units , each Unit is comprised of one 5 year 9% second mortgage bond in the principal amount of $1,000 and 1,000 trust unit purchase warrants .
Read more News Source - CNW Group via Yahoo! Finance
Publish date - 14:29:18 03/09/10

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Second concessionary loan to help people manage mortgage obligations
SINGAPORE: Senior Minister of State for the Ministry of National Development & Ministry of Education Grace Fu said the recent announcement to extend a second loan to more HDB flat buyers is to help manage their mortgage obligations and not to encourage property speculation.
Read more News Source - Channel NewsAsia via Yahoo! Asia News
Publish date - 15:06:23 03/07/10

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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 - 15:23:31 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 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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Office worker given second chance after stealing £30,000 from employer... said thanks by taking another £400,000
Amanda Carrington, 48, had been given a second chance after being caught stealing £30,000 from her boss - but went on to plunder hundreds of thousands of pounds more.
Read more News Source - Daily Mail
Publish date - 17:11:08 03/09/10

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Proposed mortgage law to curb prices
The approval of the long-awaited mortgage law in Saudi Arabia this year is expected to curb sharp increases in property prices, spur bank credit and encourage investment in the sector, a Saudi official said.
Read more News Source - Zawya
Publish date - 08:50:26 03/09/10

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IRS tax tip: Mortgage Debt Forgiveness
If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness.
Read more News Source - The Pasadena Citizen
Publish date - 07:34:34 03/09/10

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Frank to Banks: Write Down Second Mortgages
House Financial Services Chairman Barney Frank urged four of the nation s top banks to adopt principal writedowns on second-lien mortgages to allow borrowers to keep their homes.
Read more News Source - Financial Planning.com
Publish date - 13:52:37 03/09/10

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Las Vegas home sales dip for second month
Southern Nevada home sales dipped for the second consecutive month as the supply continues to dwindle and foreclosures account for a lower percentage of sales, according to statistics released today by the Greater Las Vegas Association of Realtors.
Read more News Source - Las Vegas Sun
Publish date - 19:07:48 03/09/10

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Prison for Alexandria man for $400k mortgage scheme
A 30-year-old man from Alexandria, Minn., was sentenced Monday to three years in prison after admitting that he concealed more than $400,000 in payments to himself and others from mortgage loan proceeds, then using some of that money to buy a motorcycle.
Read more News Source - Minneapolis-St. Paul Star Tribune
Publish date - 21:07:11 03/08/10

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