Classes C, D, and E of Bear Stearns Commercial Mortgage Securities Inc. commercial mortgage pass-through securities, series 2000-LCON, have been placed on review for possible downgrade by Moody's Investors Service.The reason for the review status is that preliminary operating results for 2002 show "a significant decline" in cash flow since the rating agency's last review, Moody's said. The certificates are supported by a first-mortgage lien on fee and leasehold interests in the 751-room El Conquistador Resort & Country Club in Las Croabas, Fajardo, Puerto Rico.
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The Rithm subsidiary plans to reduce its involvement in decentralized operations through an agreement with the American Pacific Mortgage affiliate.
19m ago -
A week after falling to its lowest point since mid-May, the 30-year fixed rate mortgage turned higher as the 10-year Treasury rose 15 basis points since June.
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Realtor.com's latest forecast projects prices will grow 1.2% in 2026, lower than its original estimate of 2.2% and well below the current pace of inflation.
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A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.
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The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
July 8 -
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
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