Wednesday, October 12, 2005

RAM reaffirms ratings of ABS Real Estate's ABS (The Edge Daily)


RAM reaffirms ratings of ABS Real Estate's ABS (The Edge Daily)
RAM has reaffirmed the respective ratings for the Class A, B, C1 and C2 Bonds issued by ABS Real Estate Berhad (AREB). The underlying assets have performed as expected and continue to support their valuations.

Real Estate Agent Convicted Of Fraud (KCCI 8 Iowa)
DES MOINES, Iowa -- A federal jury has convicted a Des Moines real estate agent of three fraud charges stemming from misleading paperwork on the resale of foreclosed homes.

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