Mortgage and Financial News From 2008-1-28 Page 59

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  • Due-Diligence Firm to Aid New York Subprime Probe

    Wall Street Journal - New York state prosecutors have secured cooperation from a company that analyzes mortgages for banks, aiding an investigation into the role of Wall Street banks in the subprime-mortgage-market turmoil. Clayton Holdings Inc., which reviews loans for ...
    2008-01-28 04:55:00
  • Who's buying which mortgage?

    MyFinances.co.uk - Repayment mortgages are by far the most common home loans in the UK, with 65 per cent of households owning them. A survey providing a snapshot of the nation's finances between July 2006 and June 2007 reveals endowment mortgages were the next most ...
    2008-01-28 05:09:00
  • Mozilo Gives Up $37.5M Severance

    Street.Com - The combination of seized-up secondary markets for mortgage-backed securities as well as rising borrower defaults in all types of loans morphed what was once considered a contained problem in subprime mortgages into a full-blown mortgage industry ...
    2008-01-28 07:32:00
  • Xinyuan Real Estate Enters Strategic Cooperation Deal With China ...

    RTT News - The company noted that the deal would offer real estate development loans to it and mortgage loans to its customers in accordance with applicable Chinese laws and regulations. The company stated that it has also signed strategic cooperation deals ...
    2008-01-28 06:49:00
  • First Reliance Announces Year-End Net Income of $2.6 Million

    MSN MoneyCentral - Noninterest Income Service charges on deposit accounts 1,901,758 1,691,913 506,813 466,115 Gain on sale of mortgage loans 2,173,140 1,901,967 537,191 456,076 Brokerage ...
    2008-01-28 05:02:00
  • Superior Bancorp Completes Successful 2007

    MSN MoneyCentral - Total assets $2,884,763 $2,183,425 $2,620,963 $1,683,325 Loans, net of unearned income 2,018,100 1,481,599 1,814,032 1,159,083 Mortgage loans held for sale 27 ...
    2008-01-28 05:02:00
  • Flagstar Bank Opens New Banking Centers in Rochester Hills, Mich. and ...

    Forbes - ... of its latest offices, Flagstar operates 166 banking centers in Michigan, Indiana and Georgia and 151 home loan centers in 29 states. Flagstar Bank originates loans nationwide and is one of the leading originators of prime residential mortgage loans ...
    2008-01-28 07:18:00
  • Xinyuan Signs Strategic Cooperation Agreement with China Construction ...

    Forbes - ... ceremony on January 25, 2008 at the Diaoyutai State Guesthouse in Beijing, Xinyuan signed a comprehensive business cooperation agreement with China Construction Bank allowing CCB to provide real estate development loans to Xinyuan and mortgage loans ...
    2008-01-28 06:56:00
  • Commercial loan delinquency down in Q4 - Bizjournals.com

    Commercial loan delinquency down in Q4Bizjournals.com, NC - 50 minutes ago... with 0.05 percent of $83.9 billion in loans more than 30 days delinquent, according to a survey by the California Mortgage Bankers Association. ...
    2008-01-28 07:29:14
  • Queens Housing Advocates at Front Line of Mortgage Crisis - FOXBusiness

    Queens Housing Advocates at Front Line of Mortgage CrisisFOXBusiness - 50 minutes agoOne client with a $28000 annual income used a ‘no income verified’ loan (the name speaks for itself) to obtain a $650000 mortgage. ...
    2008-01-28 07:29:22
  • Flagstar Bank Opens New Banking Centers in Rochester Hills, Mich ... - Trading Markets (press release)

    Flagstar Bank Opens New Banking Centers in Rochester Hills, Mich ...Trading Markets (press release), CA - 50 minutes agoFlagstar Bank originates loans nationwide and is one of the leading originators of prime residential mortgage loans. For more information, please visit ...
    2008-01-28 07:29:38
  • New Home Sales Fall - The Associated Press

    New Home Sales FallThe Associated Press - 48 minutes ago... making it harder for prospective buyers to qualify for loans. Also adding to the problems facing prospective sellers is the rising tide of mortgage ...
    2008-01-28 07:31:23
  • Mozilo Gives Up $37.5M Severance - TheStreet.com

    Mozilo Gives Up $37.5M SeveranceTheStreet.com - 47 minutes agoThe combination of seized-up secondary markets for mortgage-backed securities as well as rising borrower defaults in all types of loans morphed what was ...
    2008-01-28 07:32:38
  • Wachovia CEO Ken Thompson to Present at Citigroup Financial ... - PR Newswire (press release)

    Wachovia CEO Ken Thompson to Present at Citigroup Financial ...PR Newswire (press release), NY - 46 minutes ago... 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. ...
    2008-01-28 07:33:34
  • United Financial Bancorp Reports Fourth Quarter EPS of $0.08 ... - Trading Markets (press release)

    United Financial Bancorp Reports Fourth Quarter EPS of $0.08 ...Trading Markets (press release), CA - 34 minutes agoThe Company has not originated loans to sub- prime borrowers and approximately 96% of its investment portfolio consists of mortgage-backed and debt ...
    2008-01-28 07:45:46