Maryland Mortgage Program lowers interest rate and enhances downpayment assistance offering
The Maryland Mortgage Program interest rate will be lowered to 4.25 percent and the base amount for its Downpayment and Settlement Expense Loan Program will be increased from ,500 to ,000 for borrowers who apply for and are approved for an MMP loan.
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Moody’s: Rate of loss on CMBS surged in 2Q
The rate of loss on liquidated U.S. commercial property loans pooled into securities climbed in the second quarter, Moody’s Investors Service said Thursday.
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India microlender shares soar on debut
Shares of India’s largest financier for the poor soared on their debut on the Mumbai stock exchange after the microlender raised 353 million dollars in an initial stock offer.
Read more on AFP via Yahoo! News
