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Interest Rate Markets September 15, 2010
TMS Funding, the wholesale residential lending platform of Total Mortgage Services, LLC, announced today the hiring of Robin Buttner and Stephen Jaser as Wholesale Account Executives. Ms. Buttner and -- Tms Funding,Sales Department,Milford Ct 09/15/2010
Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history.
Faced with increasing difficulty in selling the mo -- Propublica,Mike Webb,New York Ny 09/15/2010
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 10, 2010. The Market Composite Index, a measure of mortgage loan applicatio -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 09/15/2010
Navy Federal Credit Union of Vienna, VA, and USA Federal Credit Union (USA Fed), based in San Diego, CA, announced today that they have agreed to merge operations. The Board of Directors of each inst -- Navy Federal Credit Union,Jennifer Sadler,Merrifield Va 09/14/2010
As Freddie Mac sees a 50% increase in repurchase requests, demand for outsourced quality control services surges -- ISGN,Rosalie Berg,BENSALEM pa 09/14/2010
FICO has recently published results from our quarterly survey of bank risk professionals on the Banking Analytics Blog. The survey shows strong evidence of a growing “credit gap” for US consumers, as -- Fair Isaac Corporation,Rachel Carawan,Minneapolis Minnesota 09/14/2010
On Monday, September 7, 2010, the Mortgage Bankers Association (MBA) sent the attached letter to Alfred M. Pollard, General Counsel at the Federal Housing Finance Agency (FHFA), in response to FHFA -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 09/14/2010
MidCap Advisors is pleased to announce that Bill Reading will open MidCap Advisors' new Charlotte, North Carolina office. -- MidCap Advisors,Richard Jackim,New York Ny 09/14/2010
Independent mortgage bankers and subsidiaries made an average profit of $917 on each loan they originated in the second quarter of 2010, up from $606 per loan in the first quarter of 2010, according t -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 09/14/2010
The Fed's beige book said the obvious; "Continued growth...mid-July through the end of August, but with widespread signs of a deceleration." Not double-dip, not yet. In the absence of fear -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 09/13/2010
During a wide ranging interview with WNBC news anchor Chuck Scarborough, Charles Wimer, chairman of the New York State Title Economic and Research Committee, stated that the New York real estate marke -- New York Taxpayers for Economic Justice,Howard Cannon,New York 09/11/2010
- Second Quarter Net Income Decreases 53.1% to NIS 158 Million, Compared With NIS 337 Million in Second Quarter 2009; Return on Shareholders' Equity 6.3% Compared With 15.8% in 2009 Operating Inco -- ,System Admin,Telaviv Israel 09/11/2010
As secondary market rebounds, growing national lender plans to fill the vacuum created by those who exited the wholesale business; will specialize in FHA lending with select partners -- Fairway Independent Mortgage Corporation,Rosalie Berg,Sun Prairie Wis. 09/11/2010
Freddie Mac (OTC: FMCC) (BULLETIN BOARD: FMCC) today named Subha V. Barry to the position of chief diversity officer (CDO). In this position, Barry will lead the company's newly formed Office of D -- Freddie Mac,Doug Duvall,Mclean Va. 09/11/2010
The U.S. has the world's largest mortgage market, a country with an outstanding mortgage-to-GDP ratio above 100% in 2009 despite being worst affected by recent financial crisis. The report 'Po -- MarketsandMarkets,Ms. Sunita,Dallas 09/11/2010
The following is being issued by Fannie Mae (OTC:FNMA) (BULLETIN BOARD: FNMA) : -- HomePath,Katherine Constantinou,Washington 09/06/2010
Mortgage rates moved lower this week, with the average conforming 30-year fixed mortgage rate now 4.59 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortga -- Bankrate.com,Kayleen Yates,New York 09/06/2010
AllianceBernstein Income Fund, Inc. (NYSE:ACG) (the "Fund") today released its monthly portfolio update as of July 31, 2010. -- AllianceBernstein Income Fund, Inc.,Shareholder Contact,New York 09/06/2010
Focus on Loan Eligibility Could Spur Housing Market -- LendingTree,Bethany Ciampa,Charlotte N.c. 09/06/2010
In this ailing housing market borrowers throughout the nation are losing their homes every day. The quick fix was thought to be the Obama administration's mortgage relief program. Unfortunately th -- Housing Assist of America,Ardy Afshar,Los Angeles 09/06/2010
Ken Bacon, Executive Vice President, Housing & Community Development, will address The Houston Forum and discuss Fannie Mae's emergency response and efforts to assist housing recovery following th -- HomePath,Jason Vasquez,Houston Tx 09/06/2010
Janitors who lost their jobs cleaning JPMorgan Chase-owned Century Plaza towers began a 72-hour fast and vigil today outside of 2000 Avenue of the Stars to draw attention to the deep inequity in our e -- Service Employees International Union,Renee Asher,Century City Calif. 09/06/2010
Moneylogic, a consumer membership-based association, provides interactive solutions to help consumers overcome financial challenges. -- Moneylogic,Petya Edwards,Dallas 09/04/2010
Sales of existing condominiums in Florida rose 11 percent in July, with a total of 5,557 condos sold statewide compared to 4,991 units sold in July 2009, according to the latest housing data released -- Florida Realtors,Marla Martin,Orlando Fla. 09/04/2010
Ken Bacon, Executive Vice President, Housing & Community Development, will address The Houston Forum and discuss Fannie Mae's (OTC:FNMA) (BULLETIN BOARD: FNMA) emergency response and efforts to as -- HomePath,Jason Vasquez,Houston 09/04/2010
Year-to-Date Sales Remain Up 15.0 Percent Statewide -- Illinois Association of REALTORS,Ann Londrigan,Springfield Ill. 09/04/2010
One of these monthly payroll reports will signal a turn in the economy to self-sustaining growth, and splatter the bond and mortgage markets all over the windshield. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 09/03/2010
Rather than conventional bank financing, an alternative funding source of private capital is available to restaurant owners seeking business loans to expand current operations or acquire another facil -- Christopher Sewell,Christopher J. Sewell,Laurel Md. 09/03/2010
CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of trading and clearing services for four new swap futures and options on swap futures contracts -- CME Group,Jeremy Hughes,London 09/03/2010
Delinquency rates were mixed in the second quarter for commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Rep -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 09/02/2010
SunTrust Banks, Inc. (NYSE: STI) announced today the final results of SunTrust Bank's cash tender offer (the "Tender Offer") to purchase up to $750,000,000 aggregate principal amount (the -- Suntrust Mortgage, Inc.,Mike McCoy,Atlanta 09/02/2010
Northern Rock has launched a new issue of its Little Rock Fixed Rate Bond to help children save for their future following the unprecedented popularity of the Little Rock Fixed Rate Bond (Issue 1) tha -- Northern Rock,Jule Wilson,Gosforth England 09/02/2010
Forest City Enterprises, Inc. (NYSE:FCEA) (NYSE:and) (NYSE:FCEB) today announced that a subsidiary closed a $46.1 million HUD-insured mortgage loan for Foundry Lofts, a 170-unit, 80/20 multifamily apa -- Forest City Enterprises, Inc.,Robert O'Brien,Cleveland 09/01/2010
USD funds have been the first choice for local enterprises looking for private placements since foreign VC/PE institutions flocked to China in 2004. Close analysis of returns earned by China-focused V -- ChinaVenture,Swigee Ma,Beijing 09/01/2010
Independent Bank Corporation (NASDAQ:IBCP) , the holding company of Independent Bank, a Michigan-based community bank, announced today that it has taken steps to initiate a one-for-ten reverse stock s -- Independent Bank Corporation,Robert Shuster,Ionia Mich. 09/01/2010
Wolf Popper LLP and Greenbaum Rowe Smith & Davis LLP, co-lead counsel for the named plaintiff in Northstar Investment Advisor Inc. v. Schwab Investments, 08 cv 4119 (N.D. Cal.), invite interested shar -- Wolf Popper LLP,Robert C. Finkel,San Francisco 09/01/2010
CDFI Fund Award will Increase Lending to Midwest Nonprofits -- IFF,Jose Cerda III,Chicago 09/01/2010
Markets waited all week for Perfesser Bernanke's keynote speech today at the central bankers' conference in Jackson Hole. Fishin' up there is good, and would have been a better use of time -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 09/01/2010
The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers as of the end of June 30, 2010. Topping the list of firms is Wells Fargo wi -- CampusMBA,Carolyn Kemp,Washington District of Columbia 09/01/2010
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 27, 2010. The Market Composite Index, a measure of mortgage loan application v -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 09/01/2010
The American Institute of Certified Public Accountants has engaged the National Association of Certified Valuation Analysts to develop a course to help CPAs prepare for the qualifying exam for the Cer -- National Association Of Certified Valuation Analysts,Dave Dix,Austin Tx 09/01/2010
Freddie Mac (OTC Bulletin Board: FMCC) announced today that it priced its new 0.875% $3 billion three-year USD Reference Notes® security due on October 28, 2013. The issue, CUSIP number 3137EACL1, was -- Freddie Mac,Michael Cosgrove,Mclean Va. 08/31/2010
