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Insurer backs refinance of Auburn medical office buildings (Sacramento Business Journal)Cohen Financial, a national real estate capital services firm with a Sacramento office, announced this week it has secured a $4.8 million loan for the refinance of Bell Professional Plaza in Auburn.

Real Estate Investors Invade California (PR Newswire via Yahoo! Finance) According to an analysis of current California real estate statistics, residential real estate investors are the most rapidly growing population of buyers in California.

Fitch Rates Riverside County, California's $116MM COPs 'AA-'; Outlook to Negative (Centre Daily Times)Fitch Ratings confirms the 'AA-' rating on approximately $37.4 million County of Riverside's certificates of participation (COPs) (Public Safety Communication and Refunding Projects), 2007 series B and assigns an 'AA-' rating to $79 million County of Riverside Asset Leasing Corporation's (corporation) variable rate demand leasehold revenue refunding bonds, series 2008A (Southwest Justice Center ...

Fitch Rates Riverside County, California's $116MM COPs 'AA-'; Outlook to Negative (Business Wire via Yahoo! Finance) SAN FRANCISCO----Fitch Ratings confirms the 'AA-' rating on approximately $37.4 million County of Riverside's certificates of participation , 2007 series B and assigns an 'AA-' rating to $79 million County of Riverside Asset Leasing Corporation's variable rate demand leasehold revenue refunding bonds, series 2008A .

Fitch Rates Lehman Mortgage Trust Series 2008-6 (Centre Daily Times)Fitch rates Lehman Mortgage Trust's residential mortgage pass-through certificates, series 2008-6, as follows:

Calif. To Tie Auto Insurance To Miles Driven (KSBW Salinas)The less California motorists drive, the less they'll pay for auto insurance under a proposed regulation.

Area last in state in home prices (The Toledo Blade)The Toledo metro area was the worst spot in Ohio for home prices and mortgage refinance values in the past year, dropping nearly 4 percent. As selling prices fell 4.8 percent nationally from the second quarter of last year to the same period this year, Monroe was rocked with an 8.3 percent loss, according to the Office of Federal Housing Enterprise Oversight. "It's obvious that it all has to ...

MFS Announces Details for Partial Redemption of Auction Rate Preferred Shares of MFS Municipal Income Trust (Business Wire via Yahoo! Finance) BOSTON----MFS Investment Management announced today the redemption dates for a percentage of auction rate cumulative preferred shares issued by one of its closed-end funds that utilizes ARPs: MFS Municipal Income Trust .

California borrowing orgy unlikely to end soon (The Santa Rosa Press Democrat)A well-established economic principle, called the "wealth effect," holds that consumers' spending is influenced more by their sense of well being than by their incomes.

Understanding Foreclosures: It’s About the Income Gap (Santa Monica Mirror)Casting blame has been easy during this year’s great and ongoing epidemic of home mortgage foreclosures.