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Article: Merrill Lynch Mortgage Capital, Inc. $6.9 million fixed rate mortgage loans series 1988-1; National Consumer Cooperative Bank (seller). (Duff and Phelps Inc.)
- Article from:
- PR Newswire
- Article date:
- March 18, 1988
CopyrightCOPYRIGHT 1988 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BUSINESS EDITORS
MERRILL LYNCH MORTGAGE CAPITAL, INC.
$6.9 MILLION FIXED RATE MORTGAGE LOANS SERIES 1988-1
NATIONAL CONSUMER COOPERATIVE BANK (SELLER)1988-1
CHICAGO, March 18 /PRNewswire/ -- Duff & Phelps Inc., the national credit rating agency, today assigned a D&P-3 (middle double A) rating to National Consumer Cooperative Bank's $6.9 million fixed-rate mortgage loans. These loans are secured by three multifamily apartment buildings owned by cooperative corporations located in Tuckahoe, N.Y. and the Riverdale and Tribeca sections of New York City. The purchasers of the loans are entitled to receive principle payments ...