(June 15, 2007) — Fitch Ratings has downgraded two classes of J.P. Morgan Chase Commercial Mortgage Securities Corp.’s commercial mortgage pass-through certificates, series 2001-CIBC1.
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Opinion: What is the public actually getting for $7.3B in housing subsidies?
The Federal Home Loan banks receive billions annually in subsidies, but are skirting their responsibility to support our nation’s housing troubles, argues Sharon Cornelissen, Director of Housing at the Consumer Federation of America.