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Connecticut's Share of Settlement to Aid Troubled HomeownersPatch.comThe state announced Monday that it will use its share of a $25 billion federal settlement with mortgage loan service companies to help homeowners in distress. The settlement will "provide an estimated $119 million in loan modification and refinancing ... |
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Commercial/Multifamily News: Mortgage Originations up 36 PercentRisMedia.com (press release)First quarter 2012 commercial and multifamily mortgage loan originations were 36 percent higher than during the same period last year and 12 percent lower than the fourth quarter of 2011, according to the Mortgage Bankers Association's (MBA) Quarterly ... |
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York County deed transfers for May 20, 2012York Daily Record15612 Union Church Road, E. Hopewell Twp.: Linda, Wallace Edwards Sr., Sheriff Richard P. Keuerleber to Federal Home Loan Mortgage Corp., $3217. 13460 Windview Court, Hopewell Twp.: Thomas, Amy Hall, Sheriff Richard P. Keuerleber to US Bank National ... |
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Pebblebrook Gets $50M Loan on Hotel Sofitel PhiladelphiaCitybizlist Real EstatePebblebrook Hotel Trust (NYSE: PEB) has executed a new $50 million non-recourse, secured loan with PNC Bank, NA at a fixed annual interest rate of 3.90 percent. The loan has a term of five years and is secured by a first mortgage on the Company's ...and more » |
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Dutch, French RMBS stable; Spain worsens -Moody'sProperty Investor Europe (subscription)First quarter performance of Dutch and French residential mortgage-backed securities was stable in first quarter, according to rating agency Moody's. However, Spanish RMBS deteriorated considerably and mortgage defaults in the loan pools are rising.and more » |
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FDIC Sues Banks over Securitization AppraisalsUS BankerThe Federal Deposit Insurance Corp. has sued Bank of America, Citigroup, JPMorgan Chase and other banks for a cumulative $92 million in damages on mortgage-backed securities, alleging that shoddy appraisals and other underwriting defects tainted their ...and more » |
December 4, 2008
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