Interest Rate Markets February 15, 2010
A Feb. 10 report by the congressional panel charged with overseeing the Troubled Asset Relief Program (TARP) underscores the need for additional federal policy action to support economic recovery and -- Real Estate Roundtable,Xenia (Ksen'ya) Jowyk,Washington 02/15/2010
83 Billion Dollars in Commercial Loans are in default now with more than one trillion coming due through 2010. If and when CMBS (commercial mortgage backed securities) comes back online the rules will -- Commercialleads.net - www.commercialleads.net,D Franklin,Jacksonville Beach Fl 02/13/2010
Webster Financial Corporation (NYSE:WBS) , the holding company for Webster Bank, N.A., announced today that its board of directors has scheduled the corporation's annual meeting of shareholders fo -- Webster Bank,Ed Steadham,Waterbury Conn. 02/12/2010
Election-year Politics and the Toll on Economic Policy -- Mesirow Financial,Diane Swonk,Chicago 02/12/2010
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 -- Redding Bank of Commerce,Patrick J. Moty,Redding Cf 02/12/2010
Sales of existing single-family homes in Florida rose 44 percent in fourth quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A -- Florida Realtors,Marla Martin,Orlando Fla. 02/12/2010
"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 sta -- Wallick & Volk, Inc.,Dave Heuermann,Cheyenne Wyo. 02/12/2010
Rates for most mortgage products retreated this week, but not the average conforming 30-year fixed mortgage, which remained at 5.15 percent, according to Bankrate.com's weekly national survey. The -- Bankrate.com,Kayleen Yates,New York 02/12/2010
The PNC Financial Services Group, Inc. (NYSE:PNC) today announced that it has redeemed $7.6 billion of Series N preferred shares held by the United States Treasury under the Troubled Asset Relief Prog -- PNC Financial,Fred Solomon,Pittsburgh 02/11/2010
"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 -- Wallick & Volk, Inc.,Dave Heuermann,Cheyenne Wyo. 02/11/2010
Revenues Up 15.3% Year Over Year Provides Outlook for 2010 Performance -- DuPont Fabros Technology, Inc.,Mr. Christopher A. Warnke,Washington 02/11/2010
M&I Bank receives six national awards and two regional awards -- Marshall & Ilsley Corporation,Sara Schmitz,Milwaukee 02/11/2010
Well-established South Carolina financial institution implements customized ATM network management solution -- Diebold, Incorporated,Rebekah Smith,North Canton Ohio 02/11/2010
Freddie Mac (NYSE:FRE) announced today that it will purchase substantially all 120 days or more delinquent mortgage loans from the company's related fixed-rate and adjustable-rate (ARM) mortgage P -- Freddie Mac,Michael Cosgrove,Mclean Va 02/11/2010
Freddie Mac (NYSE:FRE) announced today that it will not issue a Reference Notes® security on February 10, 2010. The company's 2010 Reference Notes calendar designates dates that it may use to anno -- Freddie Mac,Michael Cosgrove,Mclean Va 02/11/2010
Quarterly Revenues Increase 44% and YTD Revenues Increase 29% Year over Year -- DJSP Enterprises, Inc.,David J. Stern,Plantation Fla. 02/11/2010
Despite Some Areas Experiencing Flattening or Reversal of Home Value Declines Last Year, One in Five Markets Now Showing Signs of a Possible Double Dip in Home Values, According to Q4 2009 Zillow(R) R -- Zillow,Katie Curnutte,Seattle 02/11/2010
*** -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,MENIFEE CALIFORNIA 02/11/2010
- CFOs act now in preparing for recovery by reducing corporate costs and restructuring your business if you want to survive zombie economy where cash is king - -- PA Consulting Group,Laura Hamblin,London 02/10/2010
Quarterly Revenues Increase 44% and YTD Revenues Increase 29% Year over Year -- DJSP Enterprises, Inc.,David J. Stern,Plantation Fla. 02/10/2010
Thirty-year fixed mortgage rates on Zillow Mortgage Marketplace are currently 4.81 percent, down six basis points from 4.87 percent at this time last week. The 30-year fixed mortgage rates hovered at -- Zillow,Katie Curnutte,Seattle 02/10/2010
Lender Named Fifth Largest in U.S. for Wholesale Reverse Mortgages -- Generation Mortgage Company,Shelley Pfaendler,Atlanta 02/10/2010
2009 HIGHLIGHTS: -- Superior Bancorp,Jim White,Birmingham Al. 02/10/2010
Flagstar Bancorp, Inc., (NYSE:FBC) (the "Company") , the holding company of Flagstar Bank, announced today that the subscription period of its previously announced rights offering expired at 5 -- Flagstar Bank,Paul D. Borja,Troy Mich. 02/09/2010
Long term care costs in New York 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.,Al Orendorff,Richmond Va. 02/09/2010
RE/MAX Ranks #1 in Listings Sold for 13-County Twin Cities Area -- REMAX Advantage Realty,Keri Henke,Bloomington Minn. 02/09/2010
The Federal Government recently issued a Policy Statement regarding the restructuring of commercial mortgage debt. While this is not the same type of program or edict as on the residential side it has -- Commercialmortgageinfo.net,CommercialMortgageInfo.net,Boca Raton Fl 02/09/2010
The Federal Government recently issued a Policy Statement regarding the restructuring of commercial mortgage debt. While this is not the same type of program or edict as on the residential side it has -- Commercialmortgageinfo.net,CommercialMortgageInfo.net,Boca Raton Fl 02/09/2010
John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Douglas Moritz as Associate Vice President of Multifamily. -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 02/08/2010
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 29, 2010. The Market Composite Index, a measure of mortgage loan application -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 02/08/2010
On the Saturday before Thanksgiving, Lesa Herron of Santa Rosa, Calif., opened a letter from Chase Home Finance [1] (PDF). She’d been denied a permanent modification under the federal government’s loa -- Eye on the Bailout,Mike Webb, 02/08/2010
The potential collapse of the euro currency, sinking stocks, and a dead job market here have combined to push long-term rates down. 10-year Treasurys are trading at 3.57% despite a huge new borrowing -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 02/08/2010
Cambridge Realty Capital Companies has closed a $10.9 million FHA-insured HUD Lean mortgage loan to fund the purchase of Manor Court of Peoria, a 118-bed combination skilled nursing and assisted livin -- Cambridge Realty Capital Ltd,Debbie Glienke,Chicago Illinois 02/08/2010
-LeClairRyan attorney Jeffrey Marley Zalkin highlights bankruptcy-related strategies in seminar for negotiators and risk managers of real estate loans -- LeClairRyan,Marty Gitlin,New York 02/08/2010
NYSE - OPY -- Oppenheimer Holdings Inc.,A.G. Lowenthal,New York 02/08/2010
Accurate, auto-calculated software will save you time! Loan officers can literally create an open house flyer with their financing options in less than 60 seconds. Current FHA, VA, USDA and CONV guide -- Open House Flyer Mortgage Software,Marketing Department,Orange Ca 02/06/2010
Latest Lending & Investing Report Details More Than $758 Billion in Credit Extended During 2009 and Nears $180 Billion in the Fourth Quarter Alone -- Bank of America,Colleen Haggerty,Charlotte N.c. 02/05/2010
China YiBai United Guarantee International Holding Inc. (Pink Sheets: CBGH) (hereafter referred to as China YiBai) entered into strategic agreement with Finance Department of Jinzhou District in the c -- China YiBai United Guarantee International Holding Inc.,Bruce Liu,Dalian China 02/05/2010
1st Mariner Bancorp (NASDAQ: FMAR) announced today that on February 3, 2010 it received a letter from The NASDAQ Stock Market notifying the Company that it had regained compliance with The NASDAQ Glob -- 1st Mariner Bancorp,Mark A. Keidel,Baltimore 02/05/2010
Report Reveals Housing Prices Doubled During Decade, More Condo Sales, Stabilization of Sales and Pricing -- Prudential Douglas Elliman,Barbara Wagner,New York 02/05/2010
..."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 -- Wallick & Volk,Dave Heuermann,Cheyenne Wyo. 02/05/2010
The streak of four straight weekly declines in mortgage rates was broken this week. According to Bankrate.com's weekly national survey, the average conforming 30-year fixed mortgage rate rose to 5 -- Bankrate.com,Kayleen Keneally,New York Florida 02/04/2010
Forecast for the Coming Season Suggests U.S. Home Furnishings Industry on the Road to Recovery/Retailers Optimistic About Year Ahead -- High Point Market Authority,Brian Casey,High Point N.c. 02/04/2010
First Mariner Bancorp (NASDAQ: FMAR) announced today that it has entered into an agreement with its Chairman and Chief Executive Officer, Edwin F. Hale, Sr., who has agreed to purchase trust preferred -- First Mariner Bancorp,Mark A. Keidel,Baltimore 02/04/2010
Positions PNC to Repay TARP Preferred Shares -- PNC Financial,Brian E. Goerke,Pittsburgh 02/04/2010
Plans to Offer $3 Billion of Common Stock and Sell PNC Global Investment Servicing Positions Company for Further Growth -- PNC Financial,Brian E. Goerke,Pittsburgh 02/03/2010
Thirty-year fixed mortgage rates on Zillow Mortgage Marketplace are currently 4.87 percent, up two basis points from 4.85 percent at this time last week. The 30-year fixed mortgage rates hovered betwe -- Zillow,Alison Paoli,Seattle 02/03/2010
EquiLend continues to expand its services in the securities lending marketplace by including the ability to borrow and lend ETFs via Trade2O, a service that facilitates the interactive trading of non- -- EquiLend,Michelle Lindenberger,London 02/03/2010
Speaking on behalf of the American Trucking Associations, Con-way Inc. Vice President Randy Mullett will call on Congress to improve transparency in the over-the-counter markets and establish aggregat -- American Trucking Associations,Clayton Boyce, 02/03/2010
Fannie Mae (NYSE:FNM) today announced that it will not utilize its first (February 2nd) Benchmark Notes announcement date this month. As announced in our 2010 Benchmark Securities Issuance Calendar, t -- HomePath,Derek Lowe,Washington 02/03/2010
Finding that consumers have resonated positively with a more solid, frugal approach to spending and saving, SunTrust Banks, Inc. (NYSE:STI) introduced two programs to empower individuals to take more -- Suntrust Mortgage, Inc.,Hugh Suhr,Atlanta 02/02/2010
Cedar Shopping Centers, Inc. (NYSE:CDR) announced today the pricing of its public offering of 7,500,000 newly issued shares of common stock at $6.60 per share. The offering is expected to close on Fri -- Cedar Shopping Centers, Inc.,Leo S. Ullman,Port Washington N.y. 02/02/2010
Comptroller of the Currency John C. Dugan said today that a robust securitization market is vital to funding the needs of consumers and businesses, and urged policy makers to focus reform efforts on i -- Office of the Comptroller of the Currency,Robert M. Garsson,National Harbor Md. 02/02/2010
Deposits Rise, Non-Performing Assets Stabilize Record Date Set for Proposed Rights Offering -- 1st Mariner Bancorp,Mark A. Keidel,Baltimore 02/02/2010
Bankrate's 2010 Credit Card Guide provides in-depth look at changes coming with the Credit CARD Act as well as new calculators -- Bankrate.com,Chris Spagnuolo,New York 02/02/2010
Industry Veteran Will Lead Advocacy Efforts for Nation's Large Bank Forum -- The Clearing House,Iya Davidson,New York 02/02/2010
Flagstar Bancorp, Inc. (NYSE:FBC) , the holding company for Flagstar Bank FSB, today reported its fourth quarter and annual results for 2009. -- Flagstar Bank,Paul D. Borja,Troy Mich. 02/02/2010
Cedar Shopping Centers, Inc. (NYSE:CDR) ("Cedar") announced today that it has commenced an underwritten public offering of 7,500,000 shares of its common stock pursuant to a shelf registration -- Cedar Shopping Centers, Inc.,Leo S. Ullman,Port Washington N.y. 02/01/2010
Union First Market Bankshares Corporation (NASDAQ:UBSH) , the newly named Virginia multi-bank holding company ("Union"), is pleased to announce it has completed its acquisition of First Market -- Union Bankshares,G. William Beale,Richmond Va. 02/01/2010
Performance Reflects Loan Growth, Increased Net Interest and Noninterest Income, Lower Expenses -- Sterling National Mortgage Corp.,John Tietjen,New York 02/01/2010
City; VERO BEACH, Fla. -- ARMOUR Residential REIT, Inc.,Jeffrey Zimmer, 02/01/2010
The number of mortgage fraud cases increased last year, though the dollar amount held steady, according to MortgageDaily.com's fourth-quarter 2009 mortgage fraud index. Activity was worst in Flori -- MortgageDaily.com,Sam Garcia,Dallas 02/01/2010
Government approved programs and bailouts are in place for many sectors of the battered economy, but where are the resources and solutions for property owners and investors in the heavily Distressed C -- Guardian Solutions,Jamie Sene,Clearwater Fla. 02/01/2010
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
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