|
|  |
Loan demand Soars Due to Historically Low Rates
Loan applications jumped last week as interest rates hit yet another new low, a sign of possible recovery for a housing market that so desperately needs it.
Read More... Wednesday, September 01, 2010
|
|
CoreLogic Launches Short Sale Monitoring Solution to Prevent Fraud
CoreLogic a leading provider of consumer, financial and property information and business services, today announced the lending industry's first short-sale fraud prevention and pricing solution, Short Sale Monitoring Solution.
Read More... Tuesday, August 31, 2010
|
|
Bank of America Blunders Begin To Stack Up
The homeowner states he has paid his mortgage on-time for the nearly seven years he has owned his home. Chris Carpenter and his wife Marilyn purchased their home in 2003, their pride of ownership shined in the manner they maintained this house.
Read More... Tuesday, August 31, 2010
|
|
Wells Fargo Mods Provide Home Payment Relief for Over Half a Million Homeowners
Wells Fargo modifications include more than $3.1 billion in principal forgiveness on select portfolio assets. From January 2009 through July 31, 2010 the company had a total of 520,399 active trial and completed modifications.
Read More... Tuesday, August 31, 2010
|
|
Texas AG Charges Home Loan Servicer With Violating State Debt Collection Laws
Texas Attorney General Greg Abbott today charged Coppell-based American Home Mortgage Servicing Inc. with using illegal debt collection tactics and improperly misleading struggling homeowners.
Read More... Tuesday, August 31, 2010
|
|
Fairway Independent Mortgage Enters Wholesale Market
As secondary market rebounds, growing national lender plans to fill the vacuum created by those who exited the wholesale business; will specialize in FHA lending with select partners
Read More... Friday, August 27, 2010
|
|
Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes® Due Septembe
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA): Barclays Capital Inc., Goldman Sachs & Co., and J.P. Morgan & Co. are the joint lead managers. The co-managers include, Citigroup Global Markets Inc., Jefferies & Co., Loop Capital Markets, Mischler Financial Group, Morgan Stanley & Co., and Vining Sparks IBG, L.P.
Read More... Thursday, August 26, 2010
|
|
C.A.R. reports July median price increased 10.4 %; home sales decreased 20%
California home sales decreased 20.8 percent in July compared with the same period a year ago, while the median price of an existing home rose 10.4 percent from July 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
Read More... Thursday, August 26, 2010
|
|
Western Alliance Bancorp. Announces Closing of $75 Million Senior Notes Offering
Western Alliance Bancorp announced that it had closed its public offering of $75 million in aggregate principal amount of 10% Senior Notes due 2015, at a price to the public of 98.5% of their face value. Gross proceeds from the offering were approximately $73.9 million.
Read More... Wednesday, August 25, 2010
|
|
Federal Judge Gives Ok To Settlement For Countrywide’s ID Theft Blunder
As agreed in the settlement Countrywide now a Bank of America holding must provide free credit monitoring for over 16 million customers whose personal information was exposed.
Read More... Tuesday, August 24, 2010
|
|
AIG Pays Back $4 Billion In Tax Payers Money To Uncle Sam
International Lease Finance Corp. raised $4.4 billion in a recent debt offering, unfortunately for them $4 billion of that went to its parent company AIG in order to pay part of their $182 billion bailout back.
Read More... Tuesday, August 24, 2010
|
|
Barclays Bank PLC Agrees to Forfeit $298 Million in Connection with Violations
Barclays Bank PLC, has agreed to forfeit $298 million to the United States and to the New York County District Attorney’s Office in connection with violations of the International Emergency Economic Powers Act and the Trading with the Enemy Act, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division and District Attorney Cyrus R. Vance Jr., of the New York County District Attorney’s Office.
Read More... Friday, August 20, 2010
|
|
MFA Financial Announces 3rd Quarter Preferred Dividend of $0.53125
MFA Financial has declared a preferred stock dividend of $0.53125 per share for the quarter ended September 30, 2010. This dividend is payable on September 30, 2010 to preferred stockholders of record as of September 1, 2010.
Read More... Friday, August 20, 2010
|
|
The Largest Banks Face Up To $180 Billion in Loan Buy-Backs
Fitch Ratings has reported that Bank of America, JP Morgan Chase, Citigroup, and Wells Fargo may be facing demands to buy-back in excess of $180 billion of bad mortgages from Fannie Mae and Freddie Mac,
Read More... Thursday, August 19, 2010
|
|
United Community Financial Corp. Announces Second Quarter Results
United Community Financial Corp. (holding company of The Home Savings and Loan Company (Home Savings), reported a consolidated net loss of $4.9 million, or $(0.16) per diluted share, for the three months ended June 30, 2010.
Read More... Thursday, August 19, 2010
|
|
Deerfield Capital Corp. Announces Second Quarter 2010 Results
Net income attributable to DFR for the quarter totaled $17.9 million, or $2.25 per diluted common share, compared to $52.9 million, or $7.85 per diluted common share, for the second quarter of 2009.
Read More... Wednesday, August 18, 2010
|
|
HOPE NOW Reports Close to One Million Permanent Loan
HOPE NOW, the private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors estimates the industry has completed about 975,000 permanent loan modifications so far in 2010.
Read More... Tuesday, August 17, 2010
|
|
FANNIE MAE REDEMPTION
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Read More... Tuesday, August 17, 2010
|
|
PennyMac Mortgage Files Shelf Registration Statement
PennyMac Mortgage filed a shelf registration statement with the Securities and Exchange Commission. "Today, PMT filed a shelf registration statement with the Securities and Exchange Commission that may provide the Company with the flexibility to raise new equity capital in the future as the market permits," commented Stan Kurland, Chairman and Chief Executive Officer of PMT.
Read More... Monday, August 16, 2010
|
|
Impac Mortgage Holdings Announces Results of Second Quarter
Impac Mortgage Holdings, reports second quarter 2010 net earnings of $3.3 million, or $0.39 per diluted common share, as compared to a net loss of $(3.6) million, or $(0.47) per diluted common share for the second quarter of 2009.
Read More... Friday, August 13, 2010
|
|
|  |
| S | M | T | W | T | F | S |
| | | | 1 | 2 | 3 | 4 | | | | | | | | 5 | 6 | 7 | 8 | 9 | 10 | 11 | | | | | | | | 12 | 13 | 14 | 15 | 16 | 17 | 18 | | | | | | | | 19 | 20 | 21 | 22 | 23 | 24 | 25 | | | | | | | | 26 | 27 | 28 | 29 | 30 | | | | | | | | |
|
| |
