Mortgage Lending January 31, 2010
Patrick J. Moty, President & CEO of Bank of Commerce Holdings (NASDAQ:BOCH) , a $813 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of C -- Bank of Commerce Holdings,Patrick J. Moty,Redding Calif. 01/30/2010
"We're strong...We're Growing...and we have money to lend!" The current market environment has given us the opportunity to grow our business in locations that are showing signs of stab -- Wallick & Volk,Dave Heuermann,Cheyenne Wyo. 01/30/2010
Newbridge Financial, Inc. ("NFI"), parent company of Newbridge Securities Corporation ("NSC"), a full-service securities broker-dealer and investment bank, is excited to announce the p -- Newbridge Financial, Inc.,Arnold Levine,Fort Lauderdale Fla. 01/30/2010
NASDAQ Global Select Market Symbol - 'SBSI' -- Southside Bank,Susan Hill,Tyler Texas 01/30/2010
On Friday, Encore Equities, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc, named Scot Clevenger as the company's VP of capital markets.
In his new position, Clevenger will cultivat -- DSNews.com,Admin, 01/30/2010
The Catylist commercial information exchange (CIE) service was recently adopted for the commercial members of My Florida Regional MLS (MFRMLS), a consortium of 13 Realtor boards and Florida's larg -- DSNews.com,Admin, 01/30/2010
The congressionally appointed committee charged with overseeing the government's $700 billion Troubled Asset Relief Program (TARP) headed to Atlanta this week to hold a hearing on problems in the -- DSNews.com,Admin, 01/30/2010
A federal judge in New York has thrown out a lawsuit against Standard & Poor's and Moody's brought by investors who claim the ratings agencies defrauded them on nearly $100 billion in mortgage -- DSNews.com,Admin, 01/30/2010
AllRegs, the leading information provider for the mortgage industry, and Denver-based Motivity Solutions Inc., creators of the Movation Business Management Platform, have announced a collaboration to -- NationalMortgageProfessional.com,NMP Media Services, 01/29/2010
Preet Bharara, the United States Attorney for the Southern District of New York, announced that Manhattan real estate developer Michael Hershkowitz was sentenced to four years in prison for his partic -- NationalMortgageProfessional.com,NMP Media Services, 01/29/2010
December has been a very busy month with the legislative and regulatory issues that we had to address. We had to comment on the Federal Reserve Bank proposed change, the Federal Housing Administration -- NationalMortgageProfessional.com,NMP Media Services, 01/29/2010
I have thought about the many seminars and classes we take from people who have information and advice for our careers and lives. After thinking about the many directions I could take, I have decided -- NationalMortgageProfessional.com,NMP Media Services, 01/29/2010
Marking the first year-over-year increase since 2004, single-family home sales in Rhode Island jumped nearly 12 percent in 2009 compared to 2008, according to The Warren Group, a Boston-based provider -- DSNews.com,Admin, 01/29/2010
Pro Teck Valuation Services, a real estate valuation and risk solutions provider based in Waltham, Massachusetts, announced its endorsement of the Title/Appraisal Vendor Management Association's ( -- DSNews.com,Admin, 01/29/2010
Raymon A. Redlingshafer was recently named senior managing director of Clayton Holdings, LLC, a provider of customized risk analysis, loss mitigation, operational solutions, and staffing services to t -- DSNews.com,Admin, 01/29/2010
Freddie Mac and 13 national and local nonprofit organizations have launched a pilot effort aimed at convincing discouraged delinquent borrowers to pursue mortgage workouts to save their homes from for -- DSNews.com,Admin, 01/29/2010
The First American Corporation said Thursday that, in preparation for the separation of its Financial Services and Information Solutions businesses into two separate publicly traded companies, the fir -- DSNews.com,Admin, 01/29/2010
According to Freddie Mac’s quarterly Refinance Report, 33 percent of borrowers who refinanced their loan in the fourth quarter of 2009 lowered their principal balance.
This was the highest c -- DSNews.com,Admin, 01/29/2010
According to a recent report by DebtX, a full-service loan sale advisor based in Boston, the aggregate value of DebtX-priced commercial real estate (CRE) loans that collateralized commercial mortgage- -- DSNews.com,Admin, 01/29/2010
Investment funds capitalized by private equity firms and the U.S. Treasury have bought $3.4 billion in so-called toxic mortgage bonds under the administration's Legacy Securities Public-Private In -- DSNews.com,Admin, 01/29/2010
In an announcement Thursday, Allonhill, a Denver-based third-party review firm specializing in mortgage due diligence and credit risk management, said it has formally released a complete securitizatio -- DSNews.com,Admin, 01/29/2010
Loan Resolution Corporation (LRC), a pre-foreclosure asset manager based in Scottsdale, Arizona, recently announced that it has successfully completed its Statement on Auditing Standards No. 70 (SAS 7 -- DSNews.com,Admin, 01/29/2010
Fannie Mae says it will cover the closing costs on purchases of its REO homes - an incentive the GSE hopes will help it pare down a bloated supply of repossessed properties.
From now until May 1, p -- DSNews.com,Admin, 01/29/2010
The branch will feature inside and outside retail sales with a full 200 station call center to handle all of our client's need. We are not only bringing credit help to the city of Tucson, we are -- The Credit Clinic,The Doc,Tucson Arizona 01/29/2010
Care Investment Trust Inc. (NYSE:CRE) ("Care" or the "Company"), a real estate investment and finance company formed to invest in healthcare-related real estate and commercial mortgage -- Care Investment Trust Inc.,Torey Riso,New York 01/29/2010
Incentive Part of Ongoing Effort to Stabilize Neighborhoods -- HomePath,Amy Bonitatibus,Washington 01/29/2010
Freddie Mac (NYSE:FRE) announced today that it plans to launch a $1 billion reopening of its 2.875% five-year USD Reference Notes® security that matures on February 9, 2015. The issue will price today -- Freddie Mac,Michael Cosgrove,Mclean Va. 01/29/2010
IFM Investments Limited (NYSE:CTC) ("Century 21 China" or the "Company"), a leading comprehensive real estate services provider with the largest network of real estate sales offices an -- IFM Investments Limited,William Zima,Beijing 01/29/2010
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) (the "Company"), the holding company of Pacific Premier Bank (the "Bank"), reported a net loss for 2009 of $460,000 or $0.08 per share on a -- Pacific Premier Bancorp, Inc.,Steven R. Gardner,Costa Mesa Calif. 01/29/2010
2009 SUMMARY - Sale of Two Affiliate Banks Completed - Bank Divestiture Activities Continue with Seven Transactions Pending - Regional Consolidation of Banks in Process - Capitol Remains Well-Capitali -- Capitol Bancorp Limited,Michael M. Moran,Lansing Mich. 01/29/2010
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) , a bank holding company whose principal subsidiary is Seacoast National Bank, announced today that its board of directors elected Robert B. Golds -- Seacoast Banking Corporation of Florida,Dennis S. Hudson III,Stuart Fla. 01/29/2010
Miami Beach City Commissioner Jerry Libbin (www.jerrylibbin.com) today applauded the "reverse foreclosure" ruling by a Miami-Dade Circuit judge that forced a bank to take title from a homeowne -- Miami Beach City Commissioner Jerry Libbin,Keith Donner,Miami Beach Fla. 01/29/2010
ARMOUR is 100% invested as of January 26, 2010. -- ARMOUR Residential REIT, Inc.,Jeffrey Zimmer,Vero Beach Fla. 01/29/2010
Pro Teck Valuation Services, a leading real estate valuation and risk solutions provider, endorses the Title/Appraisal Vendor Management Association's (TAVMA) Standards of Good Practice in Apprais -- Pro Teck Valuation Services,Domenica Puleo,Waltham 01/29/2010
Following are experts who can discuss various topics expected to be addressed by President Obama in his first State of the Union address, as well as the Republican rebuttal: -- ProfNet,Paul Levinson, 01/29/2010
Start: 03/11/2010 11:00 am End: 03/12/2010 6:00 pm Timezone: America/New York Start: 03/11/2010 11:00 am End: 03/12/2010 6:00 pm Timezone: America/New -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
LendingTree has announced the launch of its first-ever iPhone App, the Mortgage RateFinder, now available at the Apple Store. This free application allows a user to get up-to-the-minute loan offers wi -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Quality Mortgage Services LLC Executive Vice President Tommy Duncan, CMT has announced the company will be expanding its services to include mortgage servicing to its current and perspective client ba -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
The Federal Housing Finance Agency (FHFA) has reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less decreased four basis points to 5 -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.98 percent with an average 0.6 point for the week -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Advanced Funding Solutions Inc., a provider of reverse mortgages, is proud to announce the addition of Kenneth Connolly as a reverse mortgage advisor and Rick Cashman as director of business -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Allonhill, an independent third-party review firm specializing in mortgage due diligence and credit risk management, have announced the formal release of a complete securitization solution for issuers -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
As part of the Administration`s ongoing housing market stabilization plan, the U.S. Department of the Treasury and the U.S. Department of Housing & Urban Development (HUD) have released updated gu -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Freddie Mac and 13 national and local non-profit organizations have announced a pilot effort to convince discouraged delinquent borrowers to pursue mortgage workouts that can save their homes and stee -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
There are all types of direct relationships: Personal-business-client-lender-etc., in the lending world. But, there are also relationships built within a larger framework of our industry and beyond th -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Home Equity Conversion Mortgages (HECMs) and private reverse mortgages gave birth to a new asset class, but the sharp financial minds on Wall Street missed this seminal event for almost a decade. Then -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Clayton Holdings LLC, a leader in providing customized risk analysis, loss mitigation, operational solutions and staffing services to the mortgage industry, has announced that Raymond A. Redlingshafer -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Six Louisiana individuals face various federal charges involving fraud against the Louisiana Road Home Program following Hurricane Katrina Fraud Task Force investigations, announced U. S. Attorney Jim -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Flagstar Bancorp Inc., the holding company of Flagstar Bank, has announced that the company has raised $300 million of capital through a previously announced rights offering, which closes on Feb -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
The United States Senate has confirmed Ben Bernanke for a second term as chairman of the Federal Reserve. The Senate voted 70-30 to reappoint Bernanke amid criticism of his judgment ahead of the finan -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
In an effort to help rebuild American communities devastated by the foreclosure crisis, the National Association of Realtors (NAR), a trade association with 1.2 million members, has partnered with the -- DSNews.com,Admin, 01/28/2010
Ellie Mae announced Wednesday that Stephanie Berger, the company's director of e-mortgage solutions, has been appointed to the Mortgage Bankers Association's MISMO (Mortgage Industry Standards -- DSNews.com,Admin, 01/28/2010
Technology provider Equator has announced the launch of its new agent-initiated short sale feature, which gives agents the ability to request a short sale on behalf of their homeowner clients, initial -- DSNews.com,Admin, 01/28/2010
Treasury said Thursday that it will begin requiring servicers to obtain all required documentation upfront, prior to evaluating a borrower for a trial plan under the Home Affordable Modification Progr -- DSNews.com,Admin, 01/28/2010
Marking the fourth consecutive week of declines, mortgage rates inched down once again this week, both Freddie Mac and Bankrate reported Thursday.
According to Freddie Mac's Primary Mortgage M -- DSNews.com,Admin, 01/28/2010
Despite negative reports regarding commercial real estate, this down market may be a window of opportunity for investors. According to the CCIM Institute and the Real Estate Research Corporation (RERC -- DSNews.com,Admin, 01/28/2010
The Senate has chosen the nation's foremost central banker for the next four years, and he's a familiar face already. In a 70 to 30 vote Thursday afternoon, senators confirmed Ben S. Bernanke -- DSNews.com,Admin, 01/28/2010
Veros Real Estate Solutions, a Santa Ana, California-based provider of enterprise risk management and collateral valuation services, announced Thursday that the company has adopted the American Securi -- DSNews.com,Admin, 01/28/2010
The Nationwide Mortgage Licensing System and Registry (NMLS), a mortgage licensing system owned and operated by state financial regulators, will begin processing federal criminal background checks for -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Mortgage Services III LLC (MSI), a subsidiary of First State Bank, is pleased to announce Brian Boyles as its new senior vice president of business development. Brian will be responsible for business -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending Jan. 22, 2010. The Market Composite Index, a measure of mortgage loan application volum -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Bank of America announced that it is the first mortgage servicer to sign an agreement formally committing to participation in the pending second-lien component of the federal government`s Home Afforda -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Pro Teck Valuation Services, a leading real estate valuation and risk solutions provider, endorses the Title Appraisal Vendor Management Association’s (TAVMA) Standards of Good Practice in Appraisal -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Nationwide Title Clearing (NTC), a leading document and services provider for the residential mortgage industry, announced that the new version of its ReleaseLINK web service has been working perfectl -- NationalMortgageProfessional.com,NMP Media Services, 01/28/2010
Home prices in the United States rose slightly in November for the sixth straight month, according to the Standard & Poor's/Case-Shiller home price index released Tuesday.
The closely-watched -- DSNews.com,Admin, 01/28/2010
Based upon serious violations of FHA requirements, the Federal Housing Administration's Mortgage Review Board (MRB) announced Tuesday that it is immediately and permanently withdrawing FHA approva -- DSNews.com,Admin, 01/28/2010
Despite the income verifications and trial modification periods being carried out by mortgage servicers, modified loans continue to redefault at extremely high rates.
The debt ratings agency DBRS -- DSNews.com,Admin, 01/28/2010
The Nationwide Mortgage Licensing System & Registry (NMLS), a mortgage licensing system operated by state financial regulators recently announced the launch of NMLS Consumer Access This fully research -- DSNews.com,Admin, 01/28/2010
Bank of America announced Tuesday that it is the first mortgage servicer to sign an agreement formally committing to participate in the second-lien component of the Home Affordable Modification Progra -- DSNews.com,Admin, 01/28/2010
Specialty servicer Statebridge Company has partnered with the American Legal & Financial Network (AFN) to establish a 50-state network of mortgage banking attorneys to assist Statebridge with its loan -- DSNews.com,Admin, 01/28/2010
According to an announcement Tuesday by Irvine, California-based REDC, the company auctioned 654 properties in its four-day, seven-city live auction series January 21, 23, 24, and 25, producing $41.4 -- DSNews.com,Admin, 01/28/2010
Marc D. Dietz and John A. Engel were recently appointed as associates of Gerner & Kearns, Co., L.P.A., in its litigation, default services, and real estate practice groups, according to a recent annou -- DSNews.com,Admin, 01/28/2010
Pinnacle, an international real estate management firm headquartered in Dallas, recently named Glenn Rand as president of the company's East region, consisting of the Eastern seaboard from Florida -- DSNews.com,Admin, 01/28/2010
Federal banking regulators issued a final risk-based capital rule last week outlining how lenders are to account for assets, including mortgages that have been repackaged and sold to investors. Mortga -- DSNews.com,Admin, 01/28/2010
Built around a mission to bring new standards of quality to default servicing management, Springboard was recently launched through a joint venture by Kathleen Guerrette-Mitchell of KGM Consultants, L -- DSNews.com,Admin, 01/28/2010
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