News

S&P takes rating action in two landmark mortgage securities deals

Standard & Poor's Ratings Services today took various credit rating actions in Landmark Mortgage Securities No.1 PLC and in Landmark Mortgage Securities No. 2 PLC.

Former Yahoo! President selling Napa estate

Former Yahoo! president and COO Jeff Mallett listed his Vineyard Knolls in Napa Valley, California for $17.5 million.

Low fixed mortgage rates continue

Average fixed mortgage rates fell to an all-time new record low for the sixth consecutive week amid weak economic and job data, according to Freddie Mac’s Primary Mortgage Market Survey.