Mortgage Lending June 15, 2010
Residential facility breaks ground to provide affordable housing to homeless youth as part of an ongoing effort to re-develop Detroit neighborhoods. -- Lutheran Child and Family Service of Michigan,Jill M. Haiser,Detroit 06/15/2010
89% of votes in favor of the Conversion Transactions -- IMH Secured Loan Fund, LLC,Amy A. Linert,Scottsdale Ariz. 06/15/2010
105 green, affordable apartments for seniors underway in Northwest Baltimore County -- Enterprise,Amy Burke Friedman,Randallstown Md. 06/15/2010
- New Chief Executive Brings Extensive Experience and Significant Accomplishments to Leading Mortgage Firm - -- RoundPoint Financial Group,Seth Linden,Charlotte N.c. 06/15/2010
Brookdale Senior Living Inc. (NYSE:BKD) announced today that the Company has obtained a $117.0 million first mortgage loan from Berkadia Commerical Mortgage and Fannie Mae. The mortgage debt has a 10 -- Brookdale Senior Living Inc.,Ross Roadman,Nashville Tenn. 06/15/2010
Landmark Mortgage Group (LMG), a division of Opes Advisors, has announced their recent corporate sponsorship of the 8th annual P.A.R. For Kids' Sake golf fundraiser. Held at Ruby Hills Country Clu -- Landmark Mortgage Group,Rick P. Benitez,Livermore Calif. 06/15/2010
Renasant Corporation (NASDAQ:RNST) announced today that on Wednesday, June 16, 2010 at 9:00 AM (Eastern Time), E. Robinson McGraw, Renasant Chairman & CEO, will be presenting at the 2010 Macquarie Sma -- Renasant Corporation,John Oxford,Tupelo Miss. 06/15/2010
Employees of BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. (NYSE:BXS) , a $13.2 billion asset financial holding company, provided assistance in numerous ways to Tennessee resident -- BancorpSouth, Inc.,Randy Burchfield,Tupelo Miss. 06/15/2010
Five mortgage professionals at Associated Bank were recently recognized by Milwaukee Magazine for exceeding customers' expectations, as each received the 2010 FIVE STAR Mortgage Professional Award -- Associated Bank,Janet Ford,Milwaukee 06/15/2010
Starwood Property Trust (NYSE:STWD) (the "Company") announced today that its Board of Directors has authorized the repurchase of up to $50 million of its outstanding common shares over a perio -- Starwood Property Trust, Inc.,Barbara Anderson,Greenwich Conn. 06/15/2010
- New 90 Day Notice Account Launched -- Skipton International,Guy Stephenson,St Peter Port Guernsey 06/15/2010
PSM Holdings, Inc. (OTC Bulletin Board: PSMH), a leading mortgage brokerage and banking company in the Southwest, is pleased to announce that it has signed a Letter of Intent (the "LOI") to ac -- PSM Holdings, Inc.,Jeffrey R. Smith,Roswell N.m. 06/15/2010
Lincoln Appraisal & Settlement Services partners with largest originator of reverse mortgages in the Midwest -- Lincoln Aappraisal & Settlement Services, LLC,Andrea Zimmern,Providence R.i. 06/15/2010
As part of Paramount Residential Mortgage Group (PRMG’s) ongoing quest to preserve the mortgage brokers and the wholesale channel they serve, PRMG is “putting their money where their mouth -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
CRE Finance Council has named Lisa A. Pendergast as president of the organization for the term of June 2010-June 2011. Pendergast follows Patrick C. Sargent, who served as President this past yea -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Snapping a string of two consecutive monthly gains, builder confidence in the market for newly built, single-family homes fell back to February levels, before the beginning of the homebuyer tax credit -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Channel Inc., a Web-based real estate management software platform, and Equi-Trax Asset Solutions LP, a national property valuation firm servicing the U.S. financial services industry, have completed -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
American Residential Equities LLC (ARE), a Miami-based real estate company that buys and liquidates pools of non-performing residential mortgages, has announced that it has filed a lawsuit against GMA -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Bank of America's loss mitigation activity under the administration's Home Affordable Modification Program (HAMP) has risen once again. In an announcement Tuesday, the bank said it converted a -- DSNews.com,Admin, 06/15/2010
While the U.S. economy is showing signs of recovery, the average U.S. consumer remains in financial distress despite a significant pullback in household spending.
These conclusions are among seve -- DSNews.com,Admin, 06/15/2010
MOS Group, Inc. has expanded its service offerings to include short sales and deeds-in-lieu that comply with the Treasury Department's Home Affordable Foreclosure Alternatives (HAFA) program requi -- DSNews.com,Admin, 06/15/2010
Tranzact Information Services recently announced the launch of Loyalty Assurance, a new program designed to help lenders achieve "dramatic improvement" in customer retention rates. According t -- DSNews.com,Admin, 06/15/2010
The Texas State Affordable Housing Corporation (TSAHC) recently received a program-related investment in the amount of $500,000 from the Meadows Foundation, a private philanthropic institution based i -- DSNews.com,Admin, 06/15/2010
Foreclosure activity in California is beginning to trend downward. The locally-based tracking firm ForeclosureRadar says its statistics dropped last month for every stage of the foreclosure process, w -- DSNews.com,Admin, 06/15/2010
In an announcement Tuesday, TenantAccess, an Austin, Texas-based provider of property management and leasing services, said it has appointed Rick Winter as controller--a role in which he will be respo -- DSNews.com,Admin, 06/15/2010
Lenders One Mortgage Cooperative, a national alliance of community mortgage bankers, correspondent lenders, and suppliers of mortgage products and services, is reporting strong growth through the firs -- DSNews.com,Admin, 06/15/2010
Gold firmed on Tuesday as a ratings downgrade of Greece sparked fears of a worsening fiscal crisis, lifting interest in the metal as a haven from instability in the wider markets. Spot gold was bid at -- MortgageLatestNews,Admin, 06/15/2010
Wells Fargo homeowners may be able to obtain a mortgage modification in order to get a lower mortgage payment on their home. Many homeowners need a lower home loan payment in order to make ends meet s -- MortgageLatestNews,Admin, 06/15/2010
Frederick, Md.-based Default Resource, a diversified financial services company specializing in collateral valuation, real estate-owned (REO) asset management services, fraud risk mitigation, training -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Sens. Harry Reid (D-NV), Johnny Isaakson (R-GA) and Chris Dodd (D-CT) have introduced an amendment to the American Jobs and Closing Tax Loopholes Act of 2010 that would extend the deadline f -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Just as the government-sponsored enterprises (GSEs) have announced their Home Affordable Foreclosure Alternatives (HAFA) programs, MOS Group Inc., one of the nation’s largest loss mitigatio -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
CoreLogic, a provider of information, analytics and business services, has announced the launched of Partner InfoNet, a special program for sharing revenue with multiple listing service (MLS) organiza -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Bank of America has announced that it has completed more than 70,000 permanent modifications under the federal government`s Home Affordable Modification Program (HAMP), converting more than 16,000 hom -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
RoundPoint Financial Group, an integrated mortgage servicing and origination firm, has announced that it has named Kevin Brungardt as its new chief executive officer. Brungardt brings to RoundPoint ov -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
This article was co-authored by Tina Jablonski. -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Start: 09/09/2010 Timezone: America/New York Start: 09/09/2010 Timezone: America/New York The Minnesota Mortgage Association will host its 2010 Convention & Exhibito -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
FIS, one of the world`s largest providers of banking and payments technology, has announced that it will acquire Compliance Coach Inc., a provider of risk assessment software, e-learning and additiona -- NationalMortgageProfessional.com,NMP Media Services, 06/15/2010
Fannie Mae said Monday that it is extending the time period for servicers to request reimbursement for counseling provided by HOPE NOW Alliance members.
The GSE covers the cost of counseling fees p -- DSNews.com,Admin, 06/15/2010
Subprime mortgage performance appears to have turned a corner, thanks to the administration's Home Affordable Modification Program (HAMP) according to Moody's Investors Service.
After risi -- DSNews.com,Admin, 06/15/2010
Fremont General Corp. is back in business. The Anaheim, California-based company, once one of the nation’s largest subprime lenders, has officially exited Chapter 11 bankruptcy proceedings, follo -- DSNews.com,Admin, 06/15/2010
SANTA BARBARA, CA, June 15, 2010 /24-7PressRelease/ -- New home shoppers in the Los Angeles/Ventura counties area who make their pick with Pardee Homes this summer can secure their own reliable, emiss -- 24/7 Press Release Newswire,24/7 Media, 06/15/2010
Private investment firm Signature Group Holdings LLC has successfully reorganized Anaheim, Calif.-based Fremont General Corporation, ending a two-year battle over the fate of what was once one of the -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Meridian Capital Group LLC, a commercial real estate finance and advisory firm, has announced the addition of Chad Johnson as a managing director in its commercial originations group. Johnson will be -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Urban Financial Group, an independent, full-service mortgage company specializing in reverse mortgages, has become the newest client of the leading national appraisal management company (AMC) and sett -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Williams Title Guaranty and Escrow Agency, Ltd., a Colorado-based firm offering sale and mortgage services for both residential and commercial real estate, recently announced that the company has expa -- DSNews.com,Admin, 06/14/2010
CoreLogic, a Santa Ana, California-based provider of information, analytics, and business services, announced Monday that it has officially launched Partner InfoNet, a new program for sharing revenue -- DSNews.com,Admin, 06/14/2010
Fannie Mae and Freddie Mac have selected Veros Real Estate Solutions as the technology provider for the Uniform Collateral Data Portal (UCDP), which will support electronic appraisal data delivery to -- DSNews.com,Admin, 06/14/2010
The Federal Bureau of Investigation (FBI) is taking direct aim at mortgage fraud. In a nationwide crackdown, the agency says it will be making hundreds of arrests over the next few weeks, according to -- DSNews.com,Admin, 06/14/2010
On Friday, the Kentucky Department of Financial Institutions issued a cease and desist order against a mortgage company in Louisville, Kentucky doing business as Home Ownership Possibilities for Every -- DSNews.com,Admin, 06/14/2010
Boston-based CWCapital, a full-service national lender to the multifamily and healthcare real estate industries, recently appointed David Lundin as SVP and production manager for the firm's Northe -- DSNews.com,Admin, 06/14/2010
Lawmakers have promised to provide transparency into the reconciliation of the Senate and House versions of financial reform bills. In line with that commitment, the House Financial Services Committee -- DSNews.com,Admin, 06/14/2010
Spain said on Monday that foreign banks were refusing to lend to some of its banks in the latest twist to the euro zone debt crisis, but denied it was on the brink of seeking a Greek-style European fi -- MortgageLatestNews,Admin, 06/14/2010
The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much -- MortgageLatestNews,Admin, 06/14/2010
Gary A. Noble of Denver, Colorado, was indicted by a federal grand jury in Denver, which returned a 63-count wire fraud indictment related to a mortgage fraud scheme, United States Attorney David Gaou -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, has announced it has been selected by Freddie Mac and Fannie Mae as the technology prov -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
The U.S. Department of Housing & Urban Development (HUD) has announced it is awarding contracts to 23 companies to serve as Asset Managers (AM) and 32 other firms to serve as Field Service Manager -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
As part of American Advisors Group`s (AAG) strategic growth plans to be the largest private national reverse mortgage lender in the country, AAG has secured former Sen. Fred Thompson as the compa -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Fiserv Inc. has released an analysis of home price trends in more than 375 U.S. markets based on the Fiserv Case-Shiller Indexes. The indexes are owned and generated by Fiserv, a provider of financia -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Cleveland-based Resource Title Agency Inc. is now delivering responses to requests for proposal for commercial real estate transactions using hyperlinked commitments. Traditionally, title companies -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
In a continuing probe into a defunct Southern California mortgage brokerage, Attorney General Edmund G. Brown Jr. has announced the arrests of president and co-owner Sean McConville and two associates -- NationalMortgageProfessional.com,NMP Media Services, 06/14/2010
Senate Majority Leader Harry Reid (D-Nevada) wants to tack three extra months onto the closing deadline of the homebuyer tax credit.
He has introduced an amendment to a jobs and tax bill that would -- DSNews.com,Admin, 06/14/2010
As the housing market continues to face significant challenges, the strength of job growth has become a key to a broader and sustained recovery, according to the State of the Nation's Housing 2010 -- DSNews.com,Admin, 06/14/2010
Public optimism that a sustainable economic recovery is underway has driven up home prices in many regional markets, according to Fiserv, Inc.
The financial services firm released its analysis of h -- DSNews.com,Admin, 06/14/2010
In an effort to improve the system of maintaining and selling its inventory of Federal Housing Administration foreclosed homes, HUD has awarded contracts to 23 companies to serve as asset managers and -- DSNews.com,Admin, 06/14/2010
HomeSteps®, Freddie Mac's (NYSE:FRE) real estate sales unit, was honored as the nation's top non-bank REO sales organization at the real estate industry's first annual Pinnacle Awards in D -- Freddie Mac,Brad German,Mclean Va. 06/14/2010
- Local leader Sutton & Edwards Becomes Colliers International - -- Colliers International,Russ Colchamiro,New York 06/14/2010
IFM Investments Limited ("Century 21 China Real Estate" or "CTC") (NYSE:CTC) , a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® br -- IFM Investments Limited (Century 21 China Real Estate),William Zima,Beijing 06/14/2010
- More than Fifty Multiple Listing Services Already in Negotiations for Innovative Revenue Sharing Program - -- CoreLogic,Bob Visini,Santa Ana Calif. 06/14/2010
Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced it has been selected by Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) as t -- Veros Software, Inc.,Veros Real Estate Solutions,Santa Ana Calif. 06/14/2010
Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE:MTG) , today issued an Operational Summary for the month of May 2010 for its primary mortg -- Mortgage Guaranty Insurance Corporation,Michael J. Zimmerman,Milwaukee 06/14/2010
First-time buyers throughout the UK are being urged not to miss out on a final opportunity to buy a new home with the lowest possible deposit through the HomeBuy Direct ( http://www.barratthomes.co.uk -- Barratt Homes,Dan Bridgett,London 06/14/2010
Proving they are at the forefront of the reverse mortgage industry, Premier Reverse Closings (PRC), divisions of National Closing Solutions and Placer Title, launched their online rate calculator, www -- Premier Reverse Closings,Lisa Steele,Rocklin Calif. 06/14/2010
MHI Hospitality Corporation (NASDAQ:MDH) announced today that Patrick V. Fiel, Jr., joins the company as Vice President and General Counsel. He will be responsible for overseeing the Corporation's -- MHI Hospitality Corporation,Scott Kucinski,Williamsburg Va. 06/14/2010
LOS ANGELES, CA, June 14, 2010 /24-7PressRelease/ -- Blue Tax, the nationwide tax resolution firm, helped three more taxpayers within days remove or reduce wage garnishments that they had received fro -- 24/7 Press Release Newswire,24/7 Media, 06/14/2010
Breaking from the typical mass shutdowns that have characterized nearly every Friday evening for the past year and a half, regulators this weekend closed down only one financial institution - Washingt -- DSNews.com,Admin, 06/14/2010
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