California Home Loan 360

Fitch rates Banc of America Funding Corporation (BAFC) Mortgage pass-through certificates, series

NEW YORK----Fitch rates Banc of America Funding Corporation Mortgage pass-through certificates, series 2008-1, as follows:

WASHINGTON (AP) — Like spring flowers, the "For Sale" signs are sprouting in front yards all over the country. But anxious sellers are facing the most brutal environment in decades, with a slumping economy, falling home prices and rising mortgage...

Real estate agents throughout the country are pushing the silver lining in the nation's mortgage crisis: foreclosed homes selling cheap.

With a nationwide housing crisis far from over, the risk of future mortgage losses is rapidly shifting from the private sector toward government – and potentially US taxpayers.

Homeowners who owe more than their property is worth are offered new terms. Jared Lanning, struggling to pay a home loan on which he owed more than his house was worth, was thinking he might just let the lender take back the property. Then he got a call one evening from an Orange County investor who had bought his mortgage.

A key federal regulator released a proposal to address the mortgage crisis Wednesday, calling on the Treasury Department to help troubled borrowers by lending them 20% of their mortgage principal to spur refinancing into more affordable loans.

NEW YORK----Fitch rates Bayview Commercial Asset Trust 2008-3 mortgage pass-through certificates as follows:

NEW YORK----Fitch rates Bayview Commercial Asset Trust 2008-3 mortgage pass-through certificates as follows:

Home loan payments are going up modestly -- by just 1% on average in March, a study shows. The great mortgage reset of 2008 isn't turning out quite as advertised.