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Fitch Downgrades JPMCC 2002-CIBC4
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded four and affirmed nine classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., commercial mortgage pass-through certificates, series 2002-CIBC4 (JPMCC 2002-CIBC4). A detailed list of rating actions follows at the end of this press release. The downgrades reflect an increase in Fitch-modeled losses from specially-serviced loans …

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Royal Host Inc. Refinances $25 Million Operating Facility
HALIFAX, NOVA SCOTIA– – Royal Host Inc. today announced that it has completed the refinancing of its current $25 Million one-year demand facility to a $25 Million three-year committed facility with HSBC Bank Canada.

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Las Vegas Attorneys Build Business By Telling Homeowners To Stop Paying Mortgages
Your neighbors aren’t paying on their mortgages so why should you? That provocative question is being posed by a Las Vegas law firm’s TV ad campaign, and the commercials are stirring debate. The Haines & Krieger law firm’s spots, promising to show homeowners

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What the New Consumer Bureau Thinks of Your Ideas
The Consumer Financial Protection Bureau has been soliciting ideas from the public, and the public has responded with an explosion of ideas, four of which seem to have real potential.

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Business : Citigroup records 6th quarterly profit in Q2
NEW YORK – Citigroup Inc turned a profit for the sixth straight quarter as losses from failed loans declined and lending increased in Asia and Latin America.

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Small Business Association to Give Low-Interest Loans in Flooded Counties
A farmhouse and buildings sit surrounded by flood waters from the nearby Missouri River, Wednesday, June 15, 2011, in Hamburg, Iowa. The water level continues to rise and officials say that it should crest sometime later this week.

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JPMorgan Chase Reports Second-Quarter 2011 Net Income of $5.4 Billion, or $1.27 Per Share
JPMorgan Chase & Co. today reported second-quarter 2011 net income of $5.4 billion, compared with net income of $4.8 billion in the second quarter of 2010. Earnings per share were $1.27, compared with $1.09 in the second quarter of 2010.

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A Dream Mortgage Becomes a Reality
HarmonyLoan(TM) is the mortgage product for today – the first HarmonyLoan customer has executed a rate reset without the expense and hassle of the traditional refinancing process (PRWeb July 12, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8634609.htm

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‘Business as usual’ at Byrnes as bankruptcy rolls on
The Byrnes Schools has filed a re-organization plan under Chapter 11 bankruptcy proceedings and are awaiting a judge’s decision before proceeding with payments to creditors.

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Commercial, residential rents rebound
Facebook links up with Skype Facebook announced a partnership with Skype Technologies on Wednesday that lets users place free video calls to their friends over the social network. The deal could help Facebook fend off… Presented By: Helping the first responders respond 25% faster in the City of Madrid. Helping the first responders respond 25% faster in the City of Madrid. To put emergency …

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