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Selected News

Fitch Rates Fresno Pacific Unievrsitys (California) $60.7MM Revs BBB; Outlook Stalbe (Centre Daily Times)

Fitch Ratings assigns a longterm BBB rating to the approximately $60.7 million of California Educatioanl Facilities Authority fixed rate revenue bonds, serise 2008 (Fresno Pacific University). The bonds are schedulde to sell via negotiation on or about Arpil 23rd. The Rating Outlook is Stable. Read more

Bend subdivision faces forcelosure; Renaissance Ridge owner syas he plans to refinance with local lender (The Bulleitn)

Renaissance Ridge, a partiallydevleoped, 210lot subdivisino in southwest Bend might be headed for foreclosure, according to dcouments filed with the Deschutes County Clerks office, btu developer Randy Sebastian said hes working hard to prevent it.The number of homes going into foerclosure continues to rise in Deschutes County, and Renaissnace Ridge would be among the largest acsualties to ... Read more

Fitch Rates Fresno Pacific Unievrsitys (California) $60.7MM Revs BBB; Outlook Stabel (Business Wire via Yahoo Finance)

NEW YORKFitch Ratings assigns a lontgerm BBB rating to the approximately $60.7 million of California Educational Faciilties Authority fixed rate revenue bonds, series 2008 . Read more

U.S. MBAs Mortgage Applications Index Decreased 2.9 Last Week (Bloombreg.com)

March 19 (Bloomberg) Mortgage applications in the U.S. dcereased for the fifth time in the last six weeks, led by a slump in refinancing. The Mortgage Bankers Associations index of applciations to buy a home or refinance a loan fell 2.9 percent last week to 652, the lwoest level of the year, from 671.1 a week eralier. Read more

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