Government Loan Broker

Fitch Rates Citigroup Mortgage Loan Trust 2010-8, Resecuritization Trust Certificates, Series 2010-8
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a rating of ‘Asf’ with a Stable Outlook to all Fitch-rated classes of Citigroup Mortgage Loan Trust 2010-8, resecuritization trust certificates, series 2010-8. A full list of ratings is shown below. This transaction contains certain classes designated as Initial Exchangeable Certificates and others as Subsequent Exchangeable Certificates. For …

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Community Bankers Trust struggles to repay TARP money
Some banks that borrowed money from the government are having trouble making their quarterly payments, including Community Bankers Trust Corp., parent of Essex Bank. The western Henrico County-based bank said yesterday that it notified the Treasury Department that it will defer payment of its quarterly dividend of $221,000. The payment …

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Firm Capital Mortgage Investment Trust Announces Second Quarter Results
TORONTO, ONTARIO–(Marketwire – Aug. 5, 2010) – Firm Capital Mortgage Investment Trust (the “Trust”) (TSX:FC.UN), today released its financial results for the second quarter ended June 30, 2010. Management of the Trust is focused on the preservation of unitholders’ equity and it is important for unitholders to understand that protecting our equity and maintaining a strong foundation for years to …

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Student Loan Consolidation Center Student Loan Trust I Waives Minimum Tender Condition Extends Withdrawal and Early …
Student Loan Consolidation Center Student Loan Trust I, a Delaware statutory trust , today released the following statement in connection with its cash tender offer to purchase up to $450,000,000 aggregate principal amount of its outstanding Auction Rate Student Loan Asset-Backed Notes, Senior Series 2002A and 2002-2A :

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Firm Capital Mortgage Investment Trust Plans to Convert to Corporate Structure and Operate as a Mortgage Investment …
Firm Capital Mortgage Investment Trust (the “Trust” or “Firm Capital”) (TSX: FC.UN) today announced that it plans to seek unitholder and regulatory approval to convert from an income trust into a corporation effective December 31, 2010. Firm Capital will then elect to operate as a mortgage investment corporation (“MIC”). read more

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