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The Federal Savings Bank and City of Chicago Announce 400 New Jobs and ...
MarketWatch (press release)
CHICAGO, Jun 28, 2012 (BUSINESS WIRE) -- Chicago Mayor Rahm Emanuel and Steve Calk, chairman and CEO of The Federal Savings Bank, today made a major economic development announcement with the funding of a new national home loan center, ...
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Lack of skills delays uniform property valuation norms
Economic Times
Home loan lenders agree to adopt a uniform property valuation norms to prevent fraud and a rise in bad loans, but the lack of well-trained property valuers has thrown a spanner in the works.
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Huntington National Bank Nears Loan Goal With $1.5B to 2500 Midsize ...
LoanSafe
Evan Bedard has worked with various law firms since 2007 as a top Countrywide Home Loan modification processor. Evan has been instrumental in helping the various law firms and homeowners save over 800 homes. He is also a mortgage guide in the ...
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Average credit score for home buying at record 737
San Francisco Chronicle
Getting a home loan has become more difficult even as credit cards, car loans and business financing have gotten easier to obtain, according to a Federal Reserve survey. Rick Knoth, who retired from General Motors as a manufacturing engineer in 2008 ...
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San Francisco Chronicle
Guaranteed Home Mortgage Company Opens North Carolina Operations Center ...
Danbury News Times
Guaranteed Home Mortgage Company, Inc. (Guaranteed, http://www.ghmc.com), a national residential mortgage investment and banking firm with 20+ years of excellent operating history, today announced it has opened a North Carolina residential loan ...
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Arbor Funds $14.5M FHA-Insured Loan for Louisiana Historic Preservation
Business Wire (press release)
Arbor funded a $14.5M FHA loan for the development of Mason Estates, an apartment project in Alexandria, LA, that encompasses the adaptive re-use and.
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Finance Authority defers program split
The Advocate
LAFAYETTE — The Lafayette Public Trust Financing Authority agreed Wednesday to defer its plans to set up its own offices and hire staff to …
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GUEST ESSAY: Manufactured home owners at government's mercy
MPNnow.com (blog)
3. Financing. Manufactured home: Cannot get conventional mortgage; must get mobile home loan. Conventional home: Can get conventional mortgage. Major disadvantage to manufactured home owner: Approximately 10%. The 2002 loan rate was 9.97 ...
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Senior Housing Finance Activity: Sabra, Prudential, Lancaster Pollard (6/28/2012)
Senior Housing News
Lancaster Pollard recently announced the closing of two loans totaling $8.1 million for Suburban Nursing Homes in Cincinnati, Ohio. Kass Matt, senior vice president located at the firm's headquarters in Columbus, was the lead banker on the transaction.
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Financing For Turf Project At Southington High School Football Field Is Approved
Hartford Courant
The town has approved financing for artificial turf on the high school football field and work is expected to start later this year, with the expectation that it will be done in time for the football team to play at least one or two games there. The ...
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GE Capital, Franchise Finance Provides $6.7 Million to Papa John's Franchisee ...
Business Wire (press release)
GE Capital, Franchise Finance recently provided a $6.7 million credit facility to Pizzerias, LLC, a Papa John's franchisee. The funding is bein.
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Better Off Defaulting On Your Mortgage or Financing with a Credit Card?
U.S. News & World Report (blog)
You are better off financing your mortgage payment with a credit card instead of defaulting on your mortgage. ... 10 Things You Need to Stock a Frugal Kitchen. If you want to cook at home on the cheap, follow these helpful tips.
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U.S. News & World Report (blog)
Partnership Responds to U.S. Senate Finance Committee Solicitation for ...
PR Newswire (press release)
Payment reforms included in the Partnership's response to the Senate Finance Committee are modeled on an existing program change that was previously advanced by the home healthcare community. In 2009, the community proposed a 10 percent cap on ...
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FHLBs Increased Europe Exposure Despite Crisis
US Banker
A government watchdog has found that the Federal Home Loan banks increasingly turned to offering short-term, unsecured credit to financial institutions exposed to the turmoil in Europe as their own core business dwindled.
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FHLBanks violated unsecured credit limits: FHFA-OIG
Housing Wire
In 2011 one Federal Home Loan Bank extended more than $1 billion in unsecured credit to a European bank despite a downgrade of the bank's credit.
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Housing Wire
Will new mortgage rules mean less debt or fewer sales?
Hamilton Spectator
While Finance Minister Jim Flaherty feels tighter restrictions on federally insured mortgages will encourage homeowners to be more "prudent" in their debt management, critics claim the measures will mean fewer families will be able to buy a home.
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Riverbrook Walk Condo Community in South Bound Brook Promotes Next ...
MarketWatch (press release)
Riverbrook Walk residents will enjoy an almost 50% discount on their property taxes over the next 10 years. Between the FHA financing and the tax abatement program, potential buyers may find that they can own a new Riverbrook Walk condo for less than ...
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Spain Delays Plan to Ease Financing for Ailing Regions
Wall Street Journal
By JONATHAN HOUSE. MADRID—The Spanish government is delaying plans to create a new financing instrument for the country's ailing regions amid deepening concerns about its solvency. Since Prime Minister Mariano Rajoy's government this month ...
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Wall Street Journal
Clean Energy Sacramento Expands to All Property Types
MarketWatch (press release)
Clean Energy Sacramento provides financing for property owners for energy efficiency, water conservation and renewable energy upgrades at no up-front cost, repaid through property taxes. Tuesday's legislative expansion also allows residential and ...
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Student Loan Volume Grows as Additional Options to Pay for Higher Education ...
Sunshine State News
A direct relationship exists between the drop in home values as an asset and the controversy about the increase in the total amount of funds borrowed for school loans. Looking only at the total without analyzing the factors that got us there, is much ...
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Sunshine State News
Feds on PACE to torpedo popular energy efficiency program
GreenBiz.com (blog)
The long-awaited notice of proposed rulemaking on PACE (property assessed clean energy) financing by Fannie Mae and Freddie Mac was released by the Federal Housing Finance Agency (FHFA) on June 15. The results are disappointing and consistent ...
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GreenBiz.com (blog)
FHA retreats on a standard
Worcester Telegram
According to an analysis by Ellie Mae LLC, a company that tracks conventional and FHA loan originations, the average FICO score for an FHA-approved loan to purchase a house in May was 713. Though down slightly from March, when average FICOs for ...
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Kennedy Wilson Completes Acquisition of Via Verde Apartments in Southern ...
Business Wire (press release)
In line with the company's strategy of securing long-term fixed rate financing, Kennedy Wilson placed a $47.8 million ten-year loan on the property from Freddie Mac at 3.59%. This deal brings Kennedy Wilson's total acquisitions for the second quarter ...
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Congress moves highway, student loan bills
Atlanta Journal Constitution (blog)
Before leaving town on a July 4th break, the House and Senate on Friday are expected to approve major highway and student loan interest rate measures, demonstrating again that serious lawmaking can take place even at a time when both parties accuse ...
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Nunziata: It's a Great Time to Refinance Your Mortgage
CNBC.com (blog)
Many of these homeowners owe more on their mortgage than their homes are worth. Across the U.S., nearly 11 million homeowners are underwater or approximately 22% of all outstanding loans, according to CoreLogic, a mortgage information provider to the ...
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CNBC.com (blog)


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