Last Updated: December 31, 2008 03:40pm ET

Fitch Boosts Rating on NY Housing Bonds

By Paul Bubny

NEW YORK CITY-Two series of New York State Housing Finance Agency bonds are upgraded to AA+, backed by a BofA letter of credit.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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