Mortgage Lending November 30, 2009
Marathon Asset Management, L.P. has completed an initial closing of a Public-Private Investment Fund (PPIF) established under the Legacy Securities Public-Private Investment Program (PPIP), the U.S. D -- DSNews.com,Admin, 11/30/2009
Aspen Grove, Inc. recently announced the appointment of Davey Serrano as the company's new VP of sales and marketing. Aspen Grove explained that Serrano will focus his efforts on the default servi -- DSNews.com,Admin, 11/30/2009
In an effort to further reduce risks to its single-family insurance fund which continues to play a critical role in today's housing market, the Federal Housing Administration (FHA) proposed new re -- DSNews.com,Admin, 11/30/2009
RE/MAX International, Inc. and RealtyTrac announced Monday that the two companies have partnered to offer homebuyers a single online portal to search more than a million foreclosed properties and acce -- DSNews.com,Admin, 11/30/2009
Mortgage Contracting Services (MCS), a property preservation and inspection services provider headquartered in Tampa, Florida, has promoted John Maxwell to EVP of operations. In his new position, Maxw -- DSNews.com,Admin, 11/30/2009
* Refinance Leads -- Mortgage Lead Vault,Scott,Los Angeles CA 11/30/2009
In a booming real estate market, making money investing in homes is easy. Buy a house, slap on a new coat of paint or replace the carpeting and ride the appreciation train to a quick, profitable resal -- MortgageLatestNews,Admin, 11/30/2009
In October 2008, JPMorgan Chase & Co. shaved 25 percent off Rick Mullen’s mortgage payment by lowering his interest rate, helping him to stay in his Valencia, Calif., home despite a downtur -- MortgageLatestNews,Admin, 11/30/2009
Chancellor Alistair Darling will say in his pre-Budget report that the economy performed worse in 2009 than he first predicted, Treasury sources have said. Mr Darling is expected to say that the UK ec -- MortgageLatestNews,Admin, 11/30/2009
The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD) have kicked off a nationwide campaign to help borrowers who are currently in the trial phase of their -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2009
The shortage of housing that is affordable for the lowest income families grew significantly between 2007 and 2008, according to an analysis of 2008 American Community Survey (ACS) data done by t -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2009
The Federal Housing Administration (FHA) has proposed new regulations to further reduce risks to its single-family insurance fund as it continues to play a critical role in today`s housing market. FHA -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2009
Home sales increased one percent in October in California, compared with the same period a year ago, while the median price of an existing home declined 3.2 percent, according to a recent report from -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2009
Through its Housing Opportunity Fund grants program, the National Association of Realtors (NAR) recently announced the disbursement of $50,950 to 16 local and state Realtor associations, in an effort -- DSNews.com,Admin, 11/30/2009
The third weekend in November proved to be a busy one for Real Estate Disposition, LLC (REDC), during which the company generated $55 million from auction activity in New York City, Las Vegas-Reno, an -- DSNews.com,Admin, 11/30/2009
Richard R. Girouard, a Connecticut real estate developer, pleaded guilty Wednesday to one count of an indictment charging him with conspiring to commit financial institution bribery.
Between appro -- DSNews.com,Admin, 11/30/2009
After pleading guilty in February 2009 to a single count of conspiring to make false statements to financial institutions, Lee Howlett was sentenced Tuesday to 41 months in prison, followed by three y -- DSNews.com,Admin, 11/30/2009
Many critics argue that the pace of the Making Home Affordable program isn't keeping stride with the nation's raging foreclosure problem, so the Obama administration announced Monday that it i -- DSNews.com,Admin, 11/30/2009
The federal financial institution regulatory agencies will host a free interagency telephone seminar on Prudent Commercial Real Estate Loan Workouts (Workout Guidance) on Thursday, December 3 at 2:00 -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2009
Start: 05/18/2010 End: 05/19/2010 Timezone: America/New York Start: 05/18/2010 End: 05/19/2010 Timezone: America/New York The Mortgage Ba -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2009
It's undoubtedly a buyers' market in the commercial real estate sector. Values of commercial properties in the United States have fallen to levels not seen in seven years, according to Moody&# -- DSNews.com,Admin, 11/30/2009
The fall of Taylor Bean & Whitaker has sent ripples through the mortgage lending industry. Even the nation's second largest mortgage company, Freddie Mac, is feeling the effects. The government-co -- DSNews.com,Admin, 11/30/2009
Freddie Mac (NYSE:FRE) announced today that it plans to issue a new three-year USD Reference NotesŽ security, CUSIP number 3137EACG2, due on January 9, 2013. The issue will be priced on Tuesday, Decem -- Freddie Mac,Michael Cosgrove,Mclean Va. 11/30/2009
40 Million Credit Card Customers Will Receive a One-Page Summary of Their Rates, Fees, and Payment Information -- Bank of America,Tony Allen,Charlotte N.c. 11/30/2009
Regulatory orders and actions by federal banking regulators eased for the first time in at least four quarters, according to the Third-Quarter 2009 Regulatory Actions report from MortgageDaily.com. Bu -- MortgageDaily.com,Sam Garcia,Dallas 11/30/2009
-Cost of 'The Twelve Days of Christmas' Song Items Reflects Consumer Inflation Trends; Interactive Web Site Provides Teachers and Students with Insights on U.S. Economy- -- PNC Financial,Alan Aldinger,Pittsburgh 11/30/2009
China YiBai United Guarantee International Holding Inc. (Pink Sheets: CBGH) (hereafter referred to as "China YiBai"), has recently won two industrial awards in Asian Financial Industry leaders -- China YiBai United Guarantee International Holding Inc.,John Gao,Dalian China 11/30/2009
NEW YORK, NY November 30, 2009 /24-7PressRelease/ -- 24-7Pressrelease.com, a leader in the press release service industry today announced they have reached a milestone of ninety thousand published pre -- 24/7 Press Release Newswire,24/7 Media, 11/30/2009
To put it simply: None! This may be difficult to believe, but this 5 day training comes with no strings attached at all. We've put together a 30 minute "Pre-Training" webinar to answer you -- ,,Olney IL 11/27/2009
Hard money loans are known by many names. You may be familiar with the other names hard money loans go by such as âprivate money loansâ, âhard equity loansâ, âequity only loansâ, âsubpri -- MortgageLatestNews,Admin, 11/27/2009
The Bank of England extended secret emergency financing to Royal Bank of Scotland and to what was then HBOS during the banking panic last October, indicating the two banks were even closer to collapse -- MortgageLatestNews,Admin, 11/27/2009
Consumer protection lawsuits were filed against four loan modification or “mortgage rescue” businesses, along with their officers, who are accused of deceiving Pennsylvania consu -- NationalMortgageProfessional.com,NMP Media Services, 11/27/2009
It is hard to believe that it’s that time of year once again for our annual NAMB/WEST event. All of the planning and hard work by all of the volunteers is coming to a head. To be truthful, the c -- NationalMortgageProfessional.com,NMP Media Services, 11/27/2009
On March 4, 2009, the U.S. Department of the Treasury announced guidelines under the Making Home Affordable Program (MHAP or HAMP) to promote sustainable loan modifications for homeowners at risk of l -- NationalMortgageProfessional.com,NMP Media Services, 11/27/2009
Cambridge Development Group of Houston, is pleased to announce the opening of The Preserve on Fredericksburg, the newest, one-of-a-kind, upscale, apartment community in northwest San Antonio. The proj -- Cambridge Development Group,Sharon Ballenger,San Antonio 11/27/2009
Developers Diversified Realty Corporation (NYSE:DDR) announced today the successful closing of the securitization of a $400 million, five year loan to the Company that was originated by an affiliate o -- Developers Diversified Realty Corporation,Kate Deck,Cleveland 11/27/2009
Call 407.816.4178 to Inquire -- Brown Mortgages and Services,Glenn Brown,Orlando Florida 11/26/2009
The Central Bank of the United States, the Federal Reserve, is under intense scrutiny for its unprecedented actions following the 2008 financial crisis. Amidst the carnage of the financial crisis and -- MortgageLatestNews,Admin, 11/26/2009
For the second week straight, mortgage applications dropped 4.5%. According to the Mortgage Bankers Associationâs index, mortgage applications dropped from 629.1, during the prior week, to 601 last -- MortgageLatestNews,Admin, 11/26/2009
Chairman Bernanke's extraordinary speech on Monday instantly knocked 10-year Treasurys below 3.35%, where they have stayed. Lowest-fee mortgages are 5.00%. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 11/26/2009
You're out of a job. That's the bad news. The good news, says author Jon Gordon, is that by making a few key decisions you'll not only make your job search a thousand times more pleasant, -- ,Jon Gordon,Hoboken Nj 11/26/2009
NetMore America, Inc. (NetMore), an expanding next generation mortgage banker, announced today the hiring of John Cassell as Senior Vice President of Retail Production. Mr. Cassell brings to this ne -- NetMore America, Inc. (NetMore),Info,Walla Walla WA 11/26/2009
Under Cornerstone Banner, Will Be One of Worlds Largest Real Estate Investment Advisory Firms by Assets -- Cornerstone Real Estate Advisers LLC,Kathleen Gilroy,Hartford Ct 11/26/2009
Company Supports 3rd Annual Help the Homeless Walk-A-Thon & 5K -- The Harriman Group for CAM,Pat Harriman,Dallas Texas 11/26/2009
Research shows growing movement toward receivables financing as new online marketplace provides $20 billion in liquidity -- The Receivables Exchange,System Admin,New Orleans La 11/26/2009
Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 20, 2009. The Market Composite Index, a measure of mortgage loan application vol -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 11/26/2009
In 2008, 2,877 different multifamily lenders provided a total of more than $88 billion in new financing for apartment buildings with five or more units, according to an annual report from the Mortgage -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 11/26/2009
The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 9.64 percent of all loans outstanding as of the end of the third quarter of 200 -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 11/26/2009
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 13, 2009. The Market Composite Index, a measure of mortgage loan application -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 11/26/2009
Amendment Would Enact a Key ICBA Policy Priority -- The Independent Community Bankers of America,Bill Grassano,Washington DC 11/26/2009
Bill Would Mean Less Choice, Higher Costs for Consumers -- The Independent Community Bankers of America,Bill Grassano,Washington DC 11/26/2009
Gutierrez-Manzullo Amendment Would Ensure Too-Big-To-Fail Firms Pay Their Fair Share -- The Independent Community Bankers of America,Bill Grassano,Washington DC 11/26/2009
The Independent Community Bankers of America (ICBA) and Student Loan Finance Corporation (SLFC) today announced the launch of a low-cost private lending program, iHELP, that will help community bank c -- The Independent Community Bankers of America,Bill Grassano,Washington DC 11/26/2009
The Independent Community Bankers of America (ICBA) applauds Reps. Paul E. Kanjorski (D-Pa.) and Ed Perlmutter (D-Colo.) for proposing ICBA-backed amendments during the House Financial Services Commit -- The Independent Community Bankers of America,Bill Grassano,Washington DC 11/26/2009
How can we most effectively weaken property rights? This is the leading question in a recent scholarly paper by two law professors (Jonathan Remy Nash, of Emory University School of Law in Atlanta, -- Ayn Rand Institute,Media, 11/26/2009
The chances of defaults on mortgages made during the fourth quarter of this year are gradually diminishing compared to those originated earlier in this housing downcycle. According to University Finan -- DSNews.com,Admin, 11/26/2009
The top residential lender was unseated in MortgageDaily.com's Third Quarter 2009 Production Ranking, while Citigroup Inc. fell two spots. Aggregate U.S. originations were off by nearly one-fourth -- MortgageDaily.com,Sam Garcia,Dallas Texas 11/26/2009
The average interest rates for both conventional 30-year and 15-year fixed-rate mortgage loans of $417,000 or less fell in October, the Federal Housing Finance Agency (FHFA) reported Tuesday.
Acco -- DSNews.com,Admin, 11/25/2009
The overwhelming number of bank failures since the onset of the nation's financial crisis have pushed the FDIC's insurance fund into negative territory. The agency said Tuesday that its reserv -- DSNews.com,Admin, 11/25/2009
Mortgage-related scams involving supposed foreclosure rescue and faulty loan modifications will no longer be tolerated.
In a press conference Tuesday in Las Vegas, Nevada, U.S. Senate Majority Lea -- DSNews.com,Admin, 11/25/2009
In an effort to support neighborhood stabilization and provide owner occupants and public entities an advantage in purchasing Fannie Mae-owned foreclosed properties, the company announced Tuesday the -- DSNews.com,Admin, 11/25/2009
Delinquencies on home loans within Fannie Mae and Freddie Mac's portfolios continue to climb, according to a report issued this week by the Federal Housing Finance Agency (FHFA). Of the more than -- DSNews.com,Admin, 11/25/2009
At American Land Title Association's (ALTA) annual convention, the company announced the election of Peter J. Birnbaum, president of Attorney Title Guaranty Fund (ATG), to the 2009-2010 board of g -- DSNews.com,Admin, 11/25/2009
In order to double its mortgage banking operation, Superior Bank of Alabama announced Tuesday that it will add more than 60 people to its existing operation.
"We feel there is a tremendous opp -- DSNews.com,Admin, 11/25/2009
The pleas from mortgage industry groups to sideline the GSEs' Home Valuation Code of Conduct (HVCC) continue.
Marc Savitt, immediate past president of the National Association of Mortgage Broke -- DSNews.com,Admin, 11/25/2009
The bankrupt commercial real estate lender Capmark Financial has been given the green light to sell its North American servicing and mortgage banking business to Berkadia Commercial Mortgage LLC, a jo -- DSNews.com,Admin, 11/25/2009
Birnbaum is only the second bar-related title company executive to serve on ALTA's board during its 85-year history. -- Attorney`s Title Guaranty Fund,Jason Sherman,Chicago 11/25/2009
Recognition Comes in the Shadow of Unprecedented Pressures on Caregivers -- Genworth Financial Inc.,Tom Topinka,Richmond Va. 11/25/2009
The average conforming 30-year fixed mortgage rate fell to 5.00 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and -- Bankrate.com,Kayleen Yates,New York 11/25/2009
Deerfield Capital Corp. (NYSE AMEX: DFR) ("DFR" or the "Company") today announced that it expects to voluntarily transfer the listing of its common stock from the NYSE Amex LLC to the -- Deerfield Capital Corp.,Frank Straub,Chicago 11/25/2009
Superior Bank, one of Alabama's leading home mortgage lenders and the major subsidiary of Superior Bancorp (NASDAQ:SUPR) announced today that it plans to double its mortgage banking operation by a -- Superior Bancorp,Tom Jung,Birmingham Ala. 11/25/2009
First Look, Other Benefits for Owner Occupants and Buyers Using Public Funds -- HomePath,Amy Bonitatibus,Washington 11/25/2009
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week -- NationalMortgageProfessional.com,NMP Media Services, 11/25/2009
Superior Bank, one of Alabama`s leading home mortgage lenders and the major subsidiary of Superior Bancorp, has announced that it plans to double its mortgage banking operation by adding more than 60 -- NationalMortgageProfessional.com,NMP Media Services, 11/25/2009
Start: 12/02/2009 1:00 pm End: 12/02/2009 2:30 pm Timezone: America/New York Start: 12/02/2009 1:00 pm End: 12/02/2009 2:30 pm Timezone: America/New Yo -- NationalMortgageProfessional.com,NMP Media Services, 11/25/2009
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