Mortgage Lending July 31, 2009
Interest rates are a hair lower at week's end, more in relief that another massive Treasury borrowing -- $109 billion in term debt alone -- came off without injuries. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 07/31/2009
National mortgage-banking firm Love Funding today announced that its St. Louis office secured a $2,192,600 refinance loan for St. Elizabeth Care Center located in St. Elizabeth, Mo. Robyn Cunningham, -- Love Funding Corp.,Robyn Cunningham,St Louis Mo 07/31/2009
David G. Kittle, CMB, Chairman of the Mortgage Bankers Association (MBA) issued the following reaction to the release of guidelines and details for the Federal Housing Administration's (FHA) loan -- CampusMBA,John Mechem,Washington District of Columbia 07/31/2009
Long lines of cash-rich investors are forming around what some believe could be the biggest distressed debt sales market since the days of the U.S. savings & loan crisis, but Ernst & Young LLP's l -- Tips on Long Distance Banking?,Andrew Neilly,New York 07/31/2009
Nearly 120 days until $8,000 opportunity ends -- The New Jersey Association of REALTORS,Lauren Castellano,Edison N.j. 07/31/2009
Based on the success of Cambridge’s Your Money 2.0 financial literacy initiative, organization launches new personal finance blog. -- Cambridge Credit Counseling Corp.,Thomas Fox,Agawam MA 07/30/2009
There are many different commercial loan types but the majority break down to a few primary categories: -- ,,Jacksonville Beach Fl 07/30/2009
- Nearly half continue to shop around for better savings options - -- Multi-Financial Services Co,,Sue Mallino,Midvale Utah 07/30/2009
Newark is 17th Municipality to partner with agencies on program; Mayor Booker hails initiative to support Newark home-buyers -- City of Newark, Press Information Office,,Newark N.j. 07/30/2009
In the news release, Shore Bancshares Reports Second Quarter and First-Half Results, issued July 28, 2009 by Shore Bancshares, Inc. over PR Newswire, we are advised by the company that the fifth parag -- Shore Bancshares, Inc.,W. Moorhead Vermilye,Easton Md. 07/30/2009
Bresler & Reiner, Inc. ("B&R") (OTC:Brer.Pk) (BULLETIN BOARD: Brer.Pk) has announced that it has entered into an agreement with the collateral manager for the beneficial owners of the trust pr -- Bresler & Reiner, Inc.,Darryl M. Edelstein,Rockville Md. 07/30/2009
Net Income of $193.3 Million, or $1.63 per diluted share -- Assurant, Inc.,Drew Guthrie,New York 07/30/2009
MFA Financial, Inc. (NYSE: MFA) announced today the pricing of an underwritten public offering of 50,000,000 shares of its common stock, at a price to the public of $7.05 per share, for gross proceeds -- MFA Financial, Inc.,MFA Investor Relations,New York 07/30/2009
PennyMac Mortgage Investment Trust (NYSE:PMT) , a newly-formed mortgage real estate investment trust, today announced the pricing of the initial public offering of 16,000,000 common shares at $20.00 p -- PennyMac Mortgage Investment Trust,Aratha M. Johnson,Calabasas Hills Calif. 07/30/2009
NEW YORK -- Bankrate.com,Kayleen Keneally, 07/30/2009
Newbridge Bond Center platform meets the demand for greater selection and faster order processing via its company website. -- Newbridge Securities Corporation,James Fisk,Ft Lauderdale Fla. 07/30/2009
* * * -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,Riverside California 07/30/2009
Enabling its continued growth in construction loan management is a top priority for TT Lender Solutions as it turns to TCL -- ISGN,James Gellasch,BENSALEM pa 07/29/2009
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 24, 2009. The Market Composite Index, a measure of mortgage loan application vol -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/29/2009
HOPE NOW, the private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, announced today that in June the mortgage lending industry helped 310,000 homeowner -- HOPE NOW,Laura Armstrong,Washington Dc 07/29/2009
Here is a description of the people that Liberty League are looking for: -- Berkshire Calloway Holding Group,Seeyouincabo,Los Angeles CA 07/29/2009
Union Bankshares Corporation (NASDAQ:UBSH) announced that G. William Beale, President & CEO and D. Anthony Peay, EVP & CFO of Union Bankshares Corporation, will be presenting at the Keefe, Bruyette & -- Union Bankshares,D. Anthony Peay,Bowling Green Va. 07/29/2009
Governor Jennifer M. Granholm has announced the restoration of a federal tax credit program along with new programs that will give Michigan residents an unprecedented opportunity to purchase affordabl -- Michigan State Housing Development Authority,Mary Lou Keenon,Lansing Mich. 07/29/2009
Hilltop Community Bancorp, Inc. (the Corporation) (OTC:HTBC) (BULLETIN BOARD: HTBC) , the holding company for Hilltop Community Bank (the Bank) today reported net income of $25,000 for the six months -- Hilltop Community Bancorp, Inc.,Mortimer J. O'Shea,Summit N.j. 07/29/2009
Rates Stay Flat on Monday, According to Zillow(R)Mortgage Rate Monitor -- Zillow,Katie Curnutte,Seattle 07/29/2009
Renasant Corporation (NASDAQ:RNST) announced today that on Wednesday, July 29, 2009 at 2:00 PM (Eastern Time), E. Robinson McGraw, Renasant Chairman & CEO will be presenting at the 2009 KBW Community -- Renasant Corporation,John Oxford,Tupelo Miss. 07/29/2009
MFA Financial, Inc. (NYSE: MFA) announced today it plans to make a public offering of 30,000,000 shares of its common stock. MFA intends to grant the underwriters a 30-day option to purchase up to an -- MFA Financial, Inc.,,New York 07/29/2009
The Wyncrest Group, Inc., (Pink Sheets: WNCG) a niche insurance consortium, announces its position to rapidly enter the Latin American market. Wyncrest's pending acquisition of Florida Insurance C -- The Wyncrest Group, Inc.,,Chicago 07/29/2009
As the Treasury Department urges mortgage servicing companies to step up their efforts to stop foreclosures, the latest available figures show that the number of households at risk of foreclosure is s -- Center for Responsible Lending,Ginna Green,Washington 07/29/2009
Essent Guaranty, Inc. ("Essent"), a new mortgage insurer founded to bring private capital to support America's housing finance system, today announced that it has received approval from th -- Essent Guaranty, Inc.,Janice Walker,Radnor Pa. 07/29/2009
Strategic Analytics Inc., the leading provider of stress testing and forecasting solutions for retail lenders, announced the launch of an internal division dedicated to providing proven and significan -- Strategic Analytics Inc.,Dale Cline,Santa Fe N.m. 07/29/2009
Transaction to form new residential mortgage REIT -- Enterprise Acquisition Corp.,Ezra Shashoua,New York 07/29/2009
Popular, Inc. (the "Corporation") (NASDAQ:BPOP) today announced that it has extended the expiration date for its offer to issue up to 390 million shares of its Common Stock in exchange for its -- Popular, Inc.,Jorge A. Junquera,San Juan Puerto Rico 07/29/2009
Pinnacle IT Development, a leading provider of innovative technology to the financial services and other industries, announced today that it will change the name of the company to CEP Logic. "We a -- CEP Logic,Erik Rowan,Orlando Fla. 07/29/2009
Assignment is latest fee-based win as Company expands Asset Management and Third-Party Services -- Forest City Enterprises, Inc.,Robert O'Brien,Cleveland 07/29/2009
Freddie Mac (NYSE:FRE) announced today that it increased the size of its 4.125% USD Reference Notes security that matures on December 21, 2012, by $1 billion. The reopening of the security, CUSIP 3137 -- Freddie Mac,Media Michael Cosgrove,Mclean Va 07/29/2009
Maintains INFONAVIT and FOVISSSTE Leadership Position -- Corporacion GEO S.A.B. de C.V.,Hans Schroeder,Mexico City 07/29/2009
Young bank positioned to upstage banking giants with high-touch service and low costs -- Mortgage Builder Software Inc,Jim Hennessy,Southfield Mi 07/29/2009
USA Mortgage has expanded its headquarters at 12140 Woodcrest Executive Dr. in Creve -- USA Mortgage,Kenn Entringer,Creve Coeur Mo 07/29/2009
First Command Financial Behaviors Index rises to highest quarterly finish in 12 months -- First Command Financial Services, Inc.1 FirstComm Plaza,Mark Leach,Fort Worth Tx 07/29/2009
Integration is in direct response to LoanSifter’s customer demand for easy, single-click access from within the Encompass Banker Edition solution -- Ellie Mae Inc.,David Lewis,Pleasanton Ca Ellie Mae 07/29/2009
Homeowners across the country facing foreclosure are still having a difficult time getting help with their mortgages despite the Obama administration's efforts to reduce home foreclosures through -- American Progress.,Andrew Jakabovics,Washington Dc 07/29/2009
- Top marketing executives will share best practices for attracting, retaining and increasing the value of profitable customers in budget-constrained times - -- Aberdeen Group,Marketing Department,Boston Ma 07/29/2009
Arbor Realty Trust, Inc. (NYSE:ABR) today announced that it has completed a restructuring of its financing facilities, totaling $374 million, with Wachovia Bank, National Association for three years a -- Arbor Realty Trust, Inc.,Paul Elenio,Uniondale N.y. 07/28/2009
Fannie Mae (NYSE:FNM) 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 principa -- HomePath,Latressa Cox,Washington 07/28/2009
First Insurance Funding Corp. (FIFC), a subsidiary of Wintrust Financial Corporation (NASDAQ: WTFC) reported today that it has completed the purchase of a majority of the U.S. life insurance premium f -- Wintrust Financial Corporation,Edward J. Wehmer,Lake Forest Ill. 07/28/2009
Refinancing Crisis, Erosion of Property Values, Pending Tax and Climate Change Bills Lead The Real Estate Roundtable's Policy Concerns -- Real Estate Roundtable,Scott Sherwood,Washington 07/28/2009
TRINITY HEIGHTS TO OPEN NEXT YEAR IN CROSSVILLE, TENNESSEE -- TrinityCare Senior Living, Inc.,Donald W. Sapaugh,Friendswood Texas 07/28/2009
"Clarity Alone is Not Enough; Respect Trumps All" -- Siegel+Gale,Davia Temin,New York 07/28/2009
The Wyncrest Group, Inc. (Pink Sheets: WNCG) announces the initiation for immediate strategic growth. The Wyncrest Group, Inc. today announced it has six business acquisitions currently in negotiation -- Wyncrest Group, Inc.,,Chicago 07/27/2009
The Wyncrest Group, Inc., (Pink Sheets: WNCG) a niche insurance consortium, today announced it has successfully met with principles and associates of the Philippine American insurance and financial se -- The Wyncrest Group, Inc.,,Chicago 07/27/2009
Expanded office hours to provide access to service from all time zones -- Paragon Relocation Resources,Maryvonne Tubb,Dallas 07/27/2009
Webster Financial Corporation (NYSE:WBS) today announced that Warburg Pincus, the global private equity firm, has agreed to invest $115 million in Webster through a direct purchase of newly issued com -- Webster Financial Corporation,Bob Guenther,Waterbury Conn. 07/27/2009
Fannie Mae (NYSE:FNM) will redeem the principal amount indicated for the following securities issue on the redemption date indicated below at a redemption price equal to 100 percent of the principal a -- HomePath,Latressa Cox,Washington 07/27/2009
Top Mortgage Experts and Executives to Address New Challenges, New Opportunities Across the Lending Industry -- LendingTree,Dave Clarke,Charlotte N.c. 07/27/2009
MortgageBrokers.com removes an accrued liability of $688,894 and improves its Balance Sheet. -- Tayllon Mortgage Corporation,Mr. Jody Janson,Toronto 07/27/2009
SPA 2009 Conference (Stochastic Processes and Their Application) is a major event in the field of mathematic research in stochastic processes and their applications. This event will gather the latest -- Pricing Partners,Eric Benhamou,Paris Paris 07/27/2009
As credit card defaults rise and customer payments fall, US consumer credit is deteriorating rapidly. The charge-off index of prime credit cards, a measure of default, rose by almost 40% to a 4-year h -- Krebs Financial LLC,David Krebs,Coral Gables FL 07/25/2009
Comptroller of the Currency John C. Dugan today told Congress that he supports efforts to enhance consumer protection standards for financial service providers, but expressed significant concerns with -- Office of the Comptroller of the Currency,Robert Garsson,Washington 07/25/2009
Nationwide Building Society has announced a range of new and improved rates for savings ISA's, and new fixed term deals for mortgages. -- Nationwide Building Society,Neil Gatherum,London 07/25/2009
The Securities and Exchange Commission (SEC) Historical Society is hosting a free online discussion with top presenters from NERA Economic Consulting's recent Finance, Law and Securities Litigatio -- SEC Historical Society,Al Rickard,Webinar 07/24/2009
Customers Can Now View Monthly Statements Online -- 3rd Federal Bank,Media,Newtown Pa 07/24/2009
Real Estate Investment Banker, Workout and Finance Expert Joins Nation’s Premier Restructuring/Solutions Firm -- Great Ink Communications,Roxanne Donovan,New York Ny 07/24/2009
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 17, 2009. The Market Composite Index, a measure of mortgage loan application vol -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/24/2009
John A. Courson, President and CEO of the Mortgage Bankers Association issued the following reaction to the changes to Regulation Z (Truth in Lending) proposed today by the Federal Reserve Board. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 07/24/2009
Signs of economic bottom, a wild stock market, and relentless Treasury borrowing combined to send long-term rates to six-week highs: the 10-year T-note jumped 30bps to 4.70%, and no-point mortgages re -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 07/24/2009
Realpoint is making publicly available its subscription-based ratings and analysis for three CMBS transactions that have recently been subject to ratings volatility. -- Realpoint, LLC,Joe Petro,Horsham Pa. 07/24/2009
Fannie Mae (NYSE:FNM) 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 principa -- HomePath,Latressa Cox,Washington 07/24/2009
Stewart's Home Retention Services to Ease Backlogs For Key Regional Servicers -- Freddie Mac,Brad German,Mclean Va. 07/24/2009
Emerald Creek Capital is proud to announce the financing of a Completed Townhouse Development. $800,000 - West Yaphank, NY - Closing Date: July 16, 2009 -- Emerald Creek Capital LLC,Emeraldcreek,New York NY 07/24/2009
The following is a statement from Michael Calhoun, President, Center for Responsible Lending: -- Center for Responsible Lending,Ginna Green,Washington 07/23/2009
Strategic Analytics Inc., the leading provider of stress testing and forecasting solutions for retail lenders, today announced that its patented mortgage risk model is now fueled by one of the largest -- Strategic Analytics Inc.,Eric Christensen,Santa Fe N.m. 07/23/2009
The average 30-year fixed mortgage rate continued to move lower, coming in at 5.55 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of -- Bankrate.com,Kayleen Keneally,New York 07/23/2009
Rosato Named Consumer Credit Risk Executive -- Bank of America,Scott Silvestri,Charlotte N.c. 07/23/2009
MICA's Members Keeping Homeowners Afloat With HARP and HAMP -- Mortgage Insurance Companies of America,Jeff Lubar,Washington 07/23/2009
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