Prof Annoucements Edition February 15, 2010

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Prof Annoucements February 15, 2010

Daily Events Editions
Market News Annoucements
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Genworth Financial Chairman and CEO Michael D. Fraizer to Speak at Bank of America Merrill Lynch Insurance Conference

Genworth Financial, Inc. (NYSE:GNW) , Chairman and CEO, Michael D. Fraizer, will present at the Bank of America Merrill Lynch Insurance Conference on Tuesday, February 23, 2010 beginning approximately -- Genworth Financial Inc.,Lisa Turner,Richmond Va  02/15/2010

Webster Shareholders Meeting Will Be April 29, 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

Nationwide Health Properties, Inc. Announces Shane Seitz Promoted to Vice President, Investments

City; NEWPORT BEACH, CF -- Nationwide Health Properties, Inc.,Don Bradley,   02/12/2010

Bipartisan Policy Center Debt Reduction Task Force Co-Chair Alice Rivlin Testifies Before Senate Budget Committee

Highlights need 'for both parties to work together' to achieve a fiscally sustainable budget -- Bipartisan Policy Center,Eileen McMenamin,Washington   02/12/2010

Irsa Inversiones y Representaciones Sociedad Anonima Announces Results for the First Six Months of Fiscal Year 2010 Ende

IRSA Inversiones y Representaciones Sociedad Anonima (NYSE: IRS; BASE: IRSA), the leading real estate company in Argentina, announces its results for the First Six Months of Fiscal Year 2010 Ended Dec -- IRSA Inversiones y Representaciones Sociedad Anonima,Gabriel Blasi,Buenos Aires Argentina  02/12/2010

Tranzact Information Services Announces the Development of New Automotive Products to Drive Marketing ROI

Tranzact Information Services LLC (Tranzact IS), a division of TRANZACT - the leading customer acquisition solutions provider for large brands, announced today that it has enhanced its proprietary dat -- Tranzact Information Services,Steve Winkiel,Boca Raton Fla.  02/12/2010

Finkelstein & Krinsk LLP Announces Corrected Notice of Class Action Lawsuit Against Bank of America Corporation

A class action securities lawsuit Montgomery v Bank of America Corporation, et. al., has been commenced in the United States District Court for the Southern District of New York on behalf of persons a -- Finkelstein & Krinsk LLP,Finkelstein & Krinsk,San Diego   02/12/2010

Bank of Commerce Holdings Announces Filing of Registration Statement for the Offering of $30 Million of Common Stock

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

Wikiloan Close to First Deal

WikiLoan, Inc. (OTC Bulletin Board: WKLI), a financial social network today announced that it is in the final stages of negotiations with its first major revenue producing deal. The Company believes t -- WikiLoan, Inc.,WikiLoan Inc.,Delray Beach Fla.  02/11/2010

PNC Completes Tarp Repayment

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

Gmac Teams With Dealertrack, Expands Reach of Retail Auto Financing

GMAC Financial Services and DealerTrack (NASDAQ:TRAK) today announced that the automotive lender will be added to the DealerTrack credit application network of more than 17,000 dealers as a financing -- GMAC Financial Services,Tony Sapienza,Detroit   02/11/2010

M&I Bank Recognized as One of the Nation`s Best Banks for Middle Market Businesses

M&I Bank receives six national awards and two regional awards -- Marshall & Ilsley Corporation,Sara Schmitz,Milwaukee   02/11/2010

Doubleline Capital CEO Jeffrey Gundlach and Others File Cross-Complaint Against Tcw, Charging Breach of Contract, Claimi

Parties Also File Answer to TCW Lawsuit, Stating that Trade Secret Theft and Other Charges Are Meritless and Intended to Interfere With New Business DoubleLine CEO Gundlach Seeks Speediest Possible Tr -- DoubleLine Capital LP,Mike Sitrick,Los Angeles   02/11/2010

Chrisley Asset Management Announces New Services to Offer Loss Mitigation to Clients

Streamlines Processes and Increases Efficiency for Lenders and Borrowers -- Chrisley Asset Management,Pat Harriman,Atlanta   02/11/2010

Hanley Investment Groups Sells Single-Tenant NNN Red Robin Restaurant

*** -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,MENIFEE CALIFORNIA  02/11/2010

Khafre Takes the Pain Out of Commercial Loan Mods

The new module is designed to enable servicers to accurately capture and manage their clients’ portfolio of commercial properties and to quickly analyze clients’ complete financial picture in one plac -- Payment Gone, LLC,Adam Attanasio,Lakewood CA  02/10/2010

Djsp Enterprises, Inc. Reports Revenue of $189.8 Million and Adjusted Net Income for Nine Months Ending September 30, 20

Quarterly Revenues Increase 44% and YTD Revenues Increase 29% Year over Year -- DJSP Enterprises, Inc.,David J. Stern,Plantation Fla.  02/10/2010

Franklin Credit Management Corporation Successfully Completes SAS 70 Type II Audit of Servicing and Collection Operation

Franklin Credit Management Corporation ("FCMC"), the mortgage servicing subsidiary of Franklin Credit Holding Corporation (OTC:FCMC) (BULLETIN BOARD: FCMC) and a specialty consumer finance com -- Franklin Credit Management Corp.,Paul Colasono,New York   02/10/2010

Primary Capital Advisors LC Joins Forces With Jan Wagner and Former Canton Street Mortgage

Primary Capital is proud to welcome Jan Wagner and her team of dynamic professionals to support and advance the company's continued growth. -- Primary Capital Advisors LC,George Phelps,Atlanta   02/10/2010

Rockbridge Growth Equity Acquires Protect America, a Leading Direct-To-Consumer Provider of Direct-To-Consumer-Self-Inst

New Owners Include Rockbridge Growth Equity; Falcon Investments, LLC; and Protect America Founder Thad Paschall -- ,System Admin,Livonia Mi  02/10/2010

Lowers & Associates Announces New Commercial Mortgage Asset Management Services at ABA Insurance Risk Management Annual

Lowers & Associates (L&A) is pleased to announce its new Commercial Mortgage Asset Management (CMAM), Workout & Loan Restructuring Services at the American Bankers Association (ABA) Insurance Risk Man -- Lowers & Associates,Stephen Yesko,Purcellville Va  02/10/2010

Declaration Management and Research Announces Final Distributions From Two Mortgage Funds

- Firm Closes Two Highly Successful Mortgage Opportunity Funds - Returns Capital And Earnings To Investors Ahead Of Schedule -- Declaration Management & Research LLC,Brian Carmichael,Mclean Va  02/10/2010

Superior Bancorp Reports Results for 2009

2009 HIGHLIGHTS: -- Superior Bancorp,Jim White,Birmingham Al.  02/10/2010

Flagstar Bancorp Announces Expiration of Rights Offering

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

LBC Credit Partners Expands Its Origination Efforts in The Midwest Region

LBC Credit Partners is pleased to announce that Douglas L. Goodwillie has joined our Chicago office as a Director. Doug has more than twelve years of finance industry experience, most recently as an o -- LBC Credit Partners,John Brignola,Philadelphia   02/09/2010

Six Commercial Mortgage Bankers Earn Prestigious CMB Designation

Graduates Join the Ranks of Over 1,000 CMBs Committed to Excellence within the Mortgage Banking Industry -- Mortgage Bankers Association of America,Melissa Key,Washington District of Columbia  02/08/2010

MBA Hires Douglas Moritz to be Associate Vice President of Multifamily

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

St. Louis-Based USA Mortgage Originates All Time High $1.206 Billion in Home Loans in 2009

St. Louis-based USA Mortgage announces that it originated $1.206 billion in home loans in 2009, an all-time high and a 106 percent increase over the $586 million in loans it originated in 2008. -- USA Mortgage,Kenn Entringer,St Louis Mo  02/08/2010

Cambridge Credit Counseling Expands ITS Money America Radio Program TO Meet Community Needs

Weekly WAIC 91.9 FM radio program goes to an hour-long format to provide additional financial information to the local community. -- Cambridge Credit Counseling Corp.,Thomas Fox,Agawam MA  02/08/2010

Loan Value Group Launches RH Reward Program for Responsible Homeowners; Major U.S. Investor Is First User of New Strateg

Loan Value Group LLC (LVG) today announced the launch of an incentive-based program to address the potential for strategic default in the more than 10 million homes in the U.S. with substantial negati -- Loan Value Group,Marketing Department,Rumson Nj  02/08/2010

$10.9 Million HUD Lean Loan Funds Purchase of Manor Court of Peoria in Illinois, Cambridge Realty Capital Reports

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

Service 1st Valuation and Settlement Services Joins the Ellie Mae Network

We are pleased to announce that Service 1st Valuation and Settlement Services, Inc. has recently joined the Ellie Mae® Network. Connectivity to the network is integrated in Ellie Mae's Encompass36 -- Service 1st Valuation and Settlement Services,Justin Gontarek,Pittsburgh   02/08/2010

Accufund Adds Enhanced Loan Tracker Module in Latest Upgrade of the Accufund Accounting Suite

Formerly Sold as Only a Stand-Alone Product, the Enhanced Loan Tracker Is Now Tightly Integrated in AccuFund Accounting Suite 3.09, Offering Greater Usability, Flexibility and Convenience -- AccuFund, Inc.,Peter J. Stam,Needham Mass.  02/08/2010

E*trade Reveals Super Bowl(r) Xliv Advertisements

E*TRADE FINANCIAL Corp. (NASDAQ:ETFC) today announced that E*TRADE Securities has two new 30-second "Talking Baby" advertisements scheduled to run during Super Bowl® XLIV's third quarter a -- E*TRADE FINANCIAL Corp.,Pam Erickson,New York   02/08/2010

Nationwide Health Properties, Inc. Announces Closing Acquisition of Two PMB Buildings

Nationwide Health Properties, Inc. (NYSE:NHP) today announced the acquisition of two medical office buildings under an amendment to the original agreement with Pacific Medical Buildings LLC, a Califor -- Nationwide Health Properties, Inc.,Abdo H. Khoury,Newport Beach Calif.  02/08/2010

Operating Results Announced by National Retail Properties, Inc.

National Retail Properties, Inc. (NYSE:NNN) , a real estate investment trust, today announced operating results for the quarter and year ended December 31, 2009. NNN reported Recurring Funds From Oper -- National Retail Properties, Inc.,Kevin B. Habicht,Orlando Fla.  02/05/2010

1st Mariner Bancorp Announces It Has Regained Compliance With Nasdaq Global Market Listing Rules

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

Wallick & Volk Opens New Branch in Scottsdale, Arizona

..."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

Jones Apparel Group, Inc. Announces Acquisition of Robert Rodriguez, Contemporary Fashion Brand

Jones Apparel Group, Inc. ("Jones") (NYSE:JNY) today announced that it has acquired Moda Nicola International, LLC ("MNI"), owner of the Robert Rodriguez Collection, a privately held d -- Jones Apparel Group, Inc.,John T. McClain,New York   02/05/2010

First Mariner Bancorp Announces Agreement to Exchange Common Stock and Warrants for Trust Preferred Securities

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

Astoria Financial Corporation to Present at Sterne Agee 2010 Financial Services Symposium

Astoria Financial Corporation (NYSE:AF) , announced that it will participate in the Sterne Agee 2010 Financial Services Symposium on Tuesday, February 9, 2010. Astoria's President and Chief Operat -- Astoria Financial Corporation,Peter J. Cunningham,Lake Success N.y.  02/04/2010

PNC Prices $3.0 Billion Common Equity Offering

Positions PNC to Repay TARP Preferred Shares -- PNC Financial,Brian E. Goerke,Pittsburgh   02/04/2010

Homex Announces not to Execute its Capital Increase Plan During 2010

Desarrolladora Homex, S.A.B. de C.V. (Homex or the Company) (NYSE:HXM) (NYSE:BMV:) (NYSE:HOMEX) announced that during the Board of Directors meeting held on Friday, January 29th, the Board along with -- Desarrolladora Homex, S.A.B. de C.V.,Vania Fueyo,Sinaloa Mexico  02/04/2010

Webster Acts to Shut Down Scam; Seeks Restitution

Webster Financial Corporation (NYSE:WBS) today said that its internal controls had detected and halted an elaborate embezzlement scheme at a subcontractor that provides bulk cash processing on behalf -- Webster Bank,Ed Steadham,Waterbury Conn.  02/04/2010

PNC to Repay Tarp Preferred Shares

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

Home Warranty of America Earns A+ Rating From the Better Business Bureau

Home Warranty of America, one of the leading providers of home warranties in the United States has earned an A+ rating from the Better Business Bureau (BBB), one of the most recognized symbols of trus -- Home Warranty of America,Chris Kaucnik,Buffalo Grove Ill.  02/03/2010

Cushman & Wakefield Names Glenn Rufrano CEO

Accomplished global real estate executive to join Cushman & Wakefield -- Cushman & Wakefield,Dwayne Doherty,New York   02/03/2010

Pennsylvania Banking Department Announces New Online Search Tool Offering Consumers Greater Access to Information About

Pennsylvania consumers can learn more about mortgage companies and professionals doing business in the commonwealth by using a new search tool available from Nationwide Mortgage Licensing System. -- Offical Pennsylvania State Police Web Site,Ed Novak,Harrisburg Pa.  02/03/2010

Equilend Announced Today That Users May Also Lend Etfs Through Its Trade2o Service Suite

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

Landrieu Praises Treasury`s New Community Lending Program for Small Businesses

Senate Committee on Small Business and Entrepreneurship Chair Mary L. Landrieu, D-La., who has shepherded small business job-creation measures through her Committee, made the following comment in rega -- U.S. Senate Committee on Small Business & Entrepreneurship,Vicki Ekstrom,Washington   02/03/2010

Lincoln Appraisal & Settlement Services Declares New Partnership With Generation Mortgage Company

Top Reverse Mortgage Wholesale Lender selects Leading National Appraisal Management Company -- Lincoln Aappraisal & Settlement Services, LLC,Andrea Zimmern,Providence R.i.  02/03/2010

Fannie Mae Forgoes Issuing Benchmark Notes on its February 2, 2010 Announcement Date

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

Real Capital Analytics Acquires Real Estate Econometrics

Dr. Sam Chandan Named Global Chief Economist and Executive Vice President -- Real Capital Analytics, Inc.,Joe Mannina,New York   02/03/2010

Marvin Von Renchler is back in Real Estate Sales

30 year real estate veteran back in the game -- Security Trust Mortgage, Inc.,Marvin VonRenchler,Tigard Oregon  02/02/2010

Cedar Shopping Centers Prices Offering of 7,500,000 Common Shares

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

PNC to Sell PNC Global Investment Servicing

Will Increase Tier 1 Common Capital by $1.6 Billion -- PNC Financial,Brian E. Goerke,Pittsburgh   02/02/2010

Myers Internet Chooses Loansifter to Enhance Mortgage POS Eligibility and Pricing

Alliance delivers automated workflows to users, improving data quality and profitability -- RE/MAX Realty Group,Rosalie Berg,Appleton Wis.  02/02/2010

The Clearing House Appoints Paul Saltzman as Executive Vice President, General Counsel and Head of The Clearing House As

Industry Veteran Will Lead Advocacy Efforts for Nation's Large Bank Forum -- The Clearing House,Iya Davidson,New York   02/02/2010

Wikiloan Signs With Fenris, LLC

WikiLoan Signs With Fenris, LLC to Raise Capital to Execute Acquisition Strategy -- WikiLoan, Inc.,Edward C. DeFeudis,Delray Beach Fla.  02/02/2010

Flagstar Reports 2009 Financial Results

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

Orleans Homebuilders Announces Third Limited Waiver Letter and Limited Unaudited Financial Information

Orleans Homebuilders, Inc. (the "Company") (AMEX:OHB) announced that on January 25, 2010 the Company executed a third limited waiver letter (the "Waiver Letter") to its $375 million Se -- Orleans Homebuilders, Inc.,Garry P. Herdler,Bensalem Pa.  02/02/2010

Service 1st Valuation and Settlement Services, Inc. Announces Its Continued Compliance With FHA Guidelines and The Home

Service 1st Valuation and Settlement Services has announced they will continue to be 100% compliant as FHA plans to change their Appraiser Engagement guidelines effective January 1, 2010. FHA recently -- Service 1st Valuation and Settlement Services,Michelle Jones,Pittsburgh   02/02/2010

United Community Bank and Integra Bank Announce Agreement for Purchase of Branches and Loans From Integra

United Community Bancorp (NASDAQ:UCBA) and Integra Bank Corporation (NASDAQ:IBNK) announced today that United Community Bank ("United"), the wholly-owned subsidiary of United Community Bancorp -- United Community Bancorp,Mike Alley,Evansville Ind.  02/01/2010

Cedar Shopping Centers Announces Common Share Offering

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

Starwood Property Trust, Inc. Announces Tax Reporting Information for 2009 Common Share Distributions

Starwood Property Trust, Inc. (NYSE:STWD) , a real estate investment trust focused primarily on originating, investing in, and financing commercial mortgage loans and other commercial real estate-rela -- Starwood Property Trust, Inc.,Barbara Anderson,Greenwich Conn.  02/01/2010

New Equifax Solution Gives Mortgage Investors Greater Visibility Into Borrower Credit Health

ABS Credit Risk Insight Now Integrates FICO Credit Score, Multiple New Data Variables -- Equifax,Jennifer Costello,Washington   02/01/2010

Union Finalizes First Market Bank Deal

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

Sterling Bancorp Reports 2009 Results

Performance Reflects Loan Growth, Increased Net Interest and Noninterest Income, Lower Expenses -- Sterling National Mortgage Corp.,John Tietjen,New York   02/01/2010

Armour Residential Reit, Inc. Announces Symbol and Market Makers for OTC Bulletin Board

City; VERO BEACH, Fla. -- ARMOUR Residential REIT, Inc.,Jeffrey Zimmer,   02/01/2010

Bank of Commerce Holdings(tm) Announces 2009 Operating Results

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