Mortgage Lending July 15, 2009
Platform Will Also Enable Trading of Other Government IOUs -- SecondMarket,Mark Murphy,New York Ny 07/15/2009
American Capital Agency Corp. (NASDAQ:AGNC) ("AGNC" or the "Company") announced today that one of its stockholders, American Capital Ltd. (NASDAQ:ACAS) ("American Capital"), ag -- American Capital Agency Corp.,Investors,Bethesda Md 07/15/2009
Winthrop Realty Trust (NYSE: FUR) announced today that it has sold to an unaffiliated third party a $35,000,000 9.75% A Note for par with respect to the recently acquired $73,795,919 first mortgage lo -- Winthrop Realty Trust,Beverly Bergman,Boston Ma 07/15/2009
Freddie Mac (NYSE:FRE) announced today that it plans to launch a $1 billion reopening of its 1.75% three-year USD Reference Notes security that matures on June 15, 2012. The issue will price today, We -- Freddie Mac,Michael Cosgrove,Mclean Va 07/15/2009
Investment firm adds leading technology and service provider to its portfolio of loss mitigation and consumer debt-focused companies -- Sorrento Capital,Jeri Yoshida,Irvine Ca 07/15/2009
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 10, 2009. The Market Composite Index, a measure of mortgage loan application vol -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/15/2009
The BCP Voyager Master Funds SPC, Ltd., acting on behalf of and for the account of, the Distressed Opportunities Master Segregated Portfolio (the "Fund"), today announced that it has extended -- Syncora Guarantee Inc.; Syncora Holdings Ltd.,Michael Gormley of Syncora,New York Ny 07/15/2009
The BCP Voyager Master Funds SPC, Ltd., acting on behalf of and for the account of the Distressed Opportunities Master Segregated Portfolio (the "Fund"), today announced in connection with the -- Syncora Guarantee, Inc.; Syncora Holdings Ltd.,Michael Gormley,New York Ny 07/14/2009
GMAC Financial Services today announced that the final monthly distribution date for Superior Wholesale Inventory Financing Trust X (SWIFT X) will occur on July 15, 2009. This will result in a termina -- GMAC Financial Services,Gina Proia,Detroit Mi 07/14/2009
Former SEC and Treasury Official to Head New U.S. Government Advisory Practice -- Miller Buckfire & Co., LLC,Pen Pendleton,New York Ny 07/14/2009
Rates Fall Further on Monday, According to Zillow(R) Mortgage Rate Monitor -- Zillow,Katie Curnutte,Seattle Wa 07/14/2009
- Mandate builds on Federated's demonstrated ability to realize value for clients within their structured product portfolios -- Federated Investors, Inc.,Meghan McAndrew,Pittsburgh Pa 07/14/2009
Minor-league baseball fans and players chat about debt in a new on-line clip -- Securian Financial Group,Maggie Jensen,St Paul Mn 07/14/2009
A new policy brief by the Center for Responsible Lending chronicles the repeated failure of federal bank regulators over the years to rein in irresponsible lending practices. Example after example of -- Center for Responsible Lending,Kathleen Day,Washington Dc 07/14/2009
Hails New Emphasis on Hiring Qualified, Experienced Appraisers -- Appraisal Institute,Ken Chitester, 07/14/2009
ThinkCash is Partner for Elastic(TM) Line of Credit Product -- Urban Trust Bank,Traci Otey Blunt,Orlando Fl 07/14/2009
Long term care costs in Virginia continue to rise at a rate outpacing inflation, putting significant financial pressure on those in or near retirement. As a leader in the long term care insurance indu -- Genworth Financial Inc.,Yokima Cureton,Richmond Va 07/14/2009
SilverLeaf Financial's CEO, Shane Baldwin, speaks about the firm's most recent loan pool acquisitions -- SilverLeaf Financial,Campbell Dosch,Salt Lake City Ut 07/14/2009
- VendorScape(TM) Enhancements Include Modification Decisioning and Reporting Tools, Plus Integrated Online Borrower Portal to Help Servicers Accelerate Loan Modifications - -- First American Family of Companies,Carrie Gaska,Dallas Tx 07/14/2009
FirstMerit Corporation (NASDAQ:FMER) announces the hiring of Sean P. Richardson as North Coast Regional Commercial Banking Executive. Prior to joining FirstMerit, he held the position of Executive Vic -- FirstMerit Online,Rob Townsend,Akron Oh 07/14/2009
Genworth Financial, Inc. (NYSE:GNW) said today that the recent decision by the Obama Administration to expand eligibility for its Making Home Affordable program will make an estimated 44% additional l -- Genworth Financial Inc.,Terry Souers,Raleigh Nc 07/14/2009
When the housing crisis hit last year, Florida was one of the leaders in the number of home foreclosures in the country. As the bottom fell out of the state's real estate market, other industries -- Snell Legal,System Admin,Miami Fl 07/14/2009
In an economy battered by high unemployment, consumers awash in debt are paying increasing attention to debt consolidation companies promising easy debt relief. At the same time, the debt settlement i -- Rosenbaum Law Offices,Press, 07/14/2009
Northeast Leads The Way As All Four U.S. Census Regions Report Gains -- John Burns Real Estate Consulting,Dan Mahoney,Denver Co 07/14/2009
- VendorScape(TM) Enhancements Include Modification Decisioning and Reporting Tools, Plus Integrated Online Borrower Portal to Help Servicers Accelerate Loan Modifications - -- First American,Carrie Gaska,Dallas Texas 07/14/2009
Company releases the industry’s most advanced new technology solution to simplify loan modifications and all other home retention strategies -- Sterling Technology Solutions,Marketing Department,Altamonte Springs Fl 07/14/2009
TUSTIN, CALIF. - Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced today it has significantly enhanced its Brokerage division to ove -- Coreland Companies,Anne Monaghan,Tustin CA 07/13/2009
Commonwealth Court Rules PA Law Applies to Out-of-State Companies -- Offical Pennsylvania State Police Web Site,Ed Novak,Harrisburg Pa 07/13/2009
Paperless processing and electronic loan delivery expands innovative service provider’s offerings to community banks across the country -- Acris Solutions,Richard Johnston,Laguna Hills Ca 07/13/2009
Mortgagebot® LLC is pleased to announce the expansion of its preferred referral alliance with Lake Mary, Fla.-based Harland Financial Solutions, Inc., an industry-leading supplier of software and serv -- MortgageBot LLC,Robert Brandt,Cedarburg Wisconsin 07/13/2009
Free Online Service Helps Link Eligible Seniors Seeking Reverse Mortgages with Leading Lenders Looking for Contactable Borrowers -- TARGUSinfo,Rufus Manning,Vienna Va 07/13/2009
Gordon Atlantic Development Corporation, led by Dr. William Hyatt Gordon, LEED-AP, has worked closely with its client, The Mount Zion African Methodist Episcopal (AME) Church, represented by Reverend -- Gordon Atlantic Development Corporation,Gordon Atlantic,New York Ny 07/13/2009
Today, July 13, 2009, 6 hours ago -- Credit Answers,Bill Loughborough,Plano Tx 07/13/2009
Investing With Wise Community Banks – in Good Times and Bad – Isn’t Just Safe But Smart -- First National Bank of Pasco,Karla Jo Helms,Tampa Fl 07/13/2009
ID Analytics for Compliance(TM) Delivers Detection and Automated Resolution of Red Flags -- ID Analytics, Inc.,Scott Love,San Diego Ca 07/13/2009
CEEL Reminds Consumers to 'Read Fine Print,' Releases Survey Showcasing Overwhelming Need for More Economic and Financial Education -- Center for Economic and Entrepreneurial Literacy,Allison Miller,Washington Dc 07/13/2009
PROOF OF FUNDS SERVICE -- Offshore Trading Platform,Reginald Ollison,Raleigh NC 07/12/2009
-- Pfx,Pfxonline,New York Ny 07/11/2009
Banks expect a recovery from the housing debacle, while cooperating with companies that are qualified in assisting homeowners short sale -- Housing Assist of America,Ardy Afshar,Los Angeles Ca 07/10/2009
Credit Answers, a leading debt settlement firm, located in Plano, TX, has launched a loan modification division to broaden its debt relief scope. -- Credit Answers,Bill Loughborough,Plano Tx 07/10/2009
Long-term interest rates plunged this week as "V" hopes gave way to "L" reality. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 07/10/2009
Commitment to "Restore Health" to Southwest Community Comes After Two Hundred Community Residents Rally Outside St. Rita Church -- Southwest Organizing Project,Jeff Bartow,Chicago Il 07/10/2009
National Fair Housing Alliance Investigation Uncovers Advertisements Discriminating Against Families with Children, Other Protected Groups in 17 States -- National Fair Housing Alliance,Deidre Swesnik,Washington Dc 07/10/2009
A study conducted by Foreclosure1.com of its users shows support for Obama's economic proposals, particularly those geared towards homeowners. When President Obama took office in January 2009, one -- Foreclosure1.com,James Carter,New York Ny 07/10/2009
According to ForeclosureRepos.com, REO activity is expected to spike in the coming months as foreclosure delays and moratoria implemented by various state laws come to an abrupt end. The herd mentalit -- ForeclosureRepos.com,Julie Thompson,New York Ny 07/10/2009
Class Counsel for the Plaintiffs in the Old Republic National Title Insurance Company class action suit announced the following: -- Quinn, Gordon & Wolf, Chtd.,Richard S. Gordon Esq,Philadelphia Pa 07/10/2009
ForeclosureDataOnline.com reports more dark days ahead for the housing market and for homeowners concerned about losing their homes. The data collected by the site shows that foreclosure levels contin -- ForeclosureDataOnline.com,Ray Murray,New York Ny 07/10/2009
The Pembrook Group Is Actively Searching for Lending Opportunities in Commercial Real Estate -- The Pembrook Group, LLC,John Garth,New York Ny 07/10/2009
Griffin Land & Nurseries, Inc. (NASDAQ:GRIF) ("Griffin") announced that its real estate business, Griffin Land, closed on a mortgage of four of its industrial buildings in New England Tradepor -- Griffin Land & Nurseries, Inc.,Anthony Galici,New York Ny 07/10/2009
The Wyncrest Group, Inc. (Pink Sheets: WNCG) today announced it's looking to acquire Florida Insurance Consulting, LLC. -- Wyncrest Group, Inc.,Investor Relations,Chicago Il 07/10/2009
Nine investment firms were named Wednesday as investment managers for the U.S. Treasury’s program to purchase securities backed by toxic assets from banks in partnership with private investors. -- Fox Business News,Fox Business News, 07/10/2009
The $3.5 trillion commercial real estate market is a ticking “time bomb” that may lead to a second wave of losses at large U.S. banks, congressional Joint Economic Committee Chairwoman Carolyn Maloney -- Bloomberg,Dawn Kopecki, 07/10/2009
Can I just say that I don't care about the public-private investment program? It was a good idea before the stress tests and would have been excellent if all of these banks hadn't raised capit -- Bloggingstocks,Press Release,New York Ny 07/10/2009
The U.S. Treasury named BlackRock Inc., Invesco Ltd. and seven other managers for its Public- Private Investment Program, in an effort to remove as much as $40 billion in distressed assets from financ -- Bloomberg,Press Release,Princeton New Jersey 07/10/2009
“We wanted to challenge and double check the valuation provided by our counterparties for our OTC products. We were also interested in developing more expertise to follow and risk-manage our investmen -- Pricing Partners,Eric Benhamou,Paris Paris 07/10/2009
Premier Reverse Closings (PRC), divisions of National Closing Solutions and Placer Title, along with Lend America and Generation Mortgage, recently saved a borrower from the brink of foreclosure with -- Premier Reverse Closings,Heather Moulden,Rocklin Ca 07/09/2009
Speaker Nancy Pelosi issued the following statement on legislation introduced today by House Financial Services Committee Chairman Barney Frank to formally implement President Obama's plan to stre -- Office of the Speaker of the House,Brendan Daly,Washington Dc 07/09/2009
Realtor.com Survey Examines Affordability, Foreclosures, and Refinancing -- Century 21 Top Producer,Tony Sadler,Los Angeles Ca 07/09/2009
A South Florida couple has teamed up with a local charity to raffle off their $3 million waterfront estate in Ft. Lauderdale for just $10 per ticket. -- floridaluxuryauctions.com,Miles Brannan,Ft Lauderdale Fl 07/09/2009
The average 30-year fixed mortgage rate fell for the third time in four weeks, with the average rate dropping to 5.59 percent, according to Bankrate.com's weekly national survey. The average 30-ye -- Bankrate.com,Kayleen Keneally,New York Ny 07/09/2009
New PolicyLink report highlights promising ways cities and states are dealing with the community impacts of widespread foreclosures -- PolicyLink,Dan Lavoie,Oakland Ca 07/09/2009
Michigan-Based, Shore Mortgage, one of the country's Leading FHA and conventional home lenders, is seeking to grow company's team and to highlight employee benefits -- Shore Mortgage,Angie Bournias f,Birmingham Mi 07/09/2009
The government-insured (FHA and VA loans) share of mortgage applications was 35.9 percent in June 2009, the highest level since November 1990, according to the Mortgage Bankers Association. -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 07/09/2009
Marathon Asset Management, L.P. ("Marathon") is delighted to announce its pre-qualification as a Legacy Securities Public-Private Investment Program ("PPIP") Fund Manager by the United -- Marathon Asset Management,Justin Dini,New York Ny 07/08/2009
New Video Shows Which Documents Can Help Reduce Repeat Calls To Servicers -- Freddie Mac,Brad German,Mclean Va 07/08/2009
Annual returns negative for second consecutive quarter -- LifeComps,LifeComps,Boston Ma 07/08/2009
The Wyncrest Group, Inc. (Pink Sheets: WNCG) today announced that it continues to make progress in its discussions with its targeted acquisitions. The company signed a Letter of Intent to purchase a m -- Wyncrest Group, Inc.,Investor Relations,Chicago Il 07/08/2009
Brandywine Realty Trust (NYSE:BDN) , a real estate investment trust focused on the ownership, management and development of Class A, suburban and urban office properties in the mid-Atlantic region and -- Brandywine Realty Trust,Marge Boccuti,Radnor Pa 07/08/2009
Western Asset Management, the fixed income affiliate of Legg Mason, Inc. (NYSE:LM) and The RLJ Companies, the holding company owned by Robert L. Johnson, today announced the creation of a new minority -- Legg Mason,Mary Athridge,Pasadena Ca 07/08/2009
Rising Joblessness Blunts President's Plan for Recovery -- Washington Post Staff Writer,Lori Montgomery, 07/08/2009
Allow your tenants to pay their monthly rent automatically and build their FICO scores -- Payment Systems Group, Inc.,Jim McKee,Saint Louis Missouri 07/08/2009
Within the reverse mortgage sector, the Federal Housing Administration (FHA) Mortgagee Letter 2008-38 (ML-08-38) has created a lot of talk - and a great deal of that palaver is not supportive. This we -- Credo Mortgage,Atare Agbamu,Erlanger Kentucky 07/08/2009
Witch-Hunt Caused AIG Woes -- Competitive Enterprise Institute,Richard Morrison,Washington Dc 07/08/2009
Award-winning mortgage refinance lender cited for “Sales Department of the Year”; serves 27 states, offers paid & ongoing training, comprehensive benefits, incentives -- Residential Finance Corporation,Info,Columbus Oh 07/08/2009
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 3, 2009, which was a shortened week due to the Independence Day holiday. This wee -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/08/2009
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