Mortgage and Financial News From 2008-2-12 Page 49

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  • Gila Group Signs New Client - Greater Nevada Credit Union

    Forbes - Gila Group will be providing a turnkey phone collection service including handling all delinquent auto, unsecured and 1st mortgage loans beginning at 11 days delinquent until charged-off. Gila Group provides collections support services to credit ...
    2008-02-12 07:43:00

  • First Horizon Home Loans' servicer quality rating cut to 'SQ2' - Moody ...

    Forbes - MUMBAI (Thomson Financial) - Moody's Investors Service said it has downgraded the servicer quality (SQ) rating of First Horizon Home Loans as primary servicer of prime residential mortgage loans to 'SQ2' from 'SQ2+', citing the above average ...
    2008-02-12 07:36:00

  • River City Bank Announces Over 40 Percent Increase in Assets for 2007 - FOXBusiness

    River City Bank Announces Over 40 Percent Increase in Assets for 2007FOXBusiness - 23 minutes agoIn particular, outstanding loan balances grew considerably above budget projections. Conversely, the growth in loans had a material impact to our profit and ...
    2008-02-12 11:22:40

  • Legg Mason Value Trust Investment Commentary: Fourth Quarter 2007 - FOXBusiness

    Legg Mason Value Trust Investment Commentary: Fourth Quarter 2007FOXBusiness - 22 minutes agoBy 1990, housing was in freefall, the savings and loans were going bankrupt (as the mortgage companies did in 2007), financial stocks were collapsing, ...
    2008-02-12 11:23:14

  • Oxford Funding Corp. Acquires $2.7 Million Portfolio at 30% of ... - FOXBusiness

    Oxford Funding Corp. Acquires $2.7 Million Portfolio at 30% of ...FOXBusiness - 22 minutes agoOxford Funding Corporation is a publicly traded asset resolution company specializing in the purchase and management of bulk mortgage loan portfolios. ...
    2008-02-12 11:23:24

  • Bank of America And Washington Mutual Directors to Face Election ... - FOXBusiness

    Bank of America And Washington Mutual Directors to Face Election ...FOXBusiness - 22 minutes agoTo the Washington Mutual directors, Patterson wrote: "Our analysis of the volume of risky housing-related lending and the share of such loans in Washington ...
    2008-02-12 11:23:27

  • Banks to pause delinquent mortgage foreclosures - Earthtimes

    Banks to pause delinquent mortgage foreclosuresEarthtimes, UK - 22 minutes ago... including home equity loans and second liens, unlike an earlier plan aimed at freezing interest rates for subprime mortgage holders who cannot afford ...
    2008-02-12 11:23:45

  • Global Links Corp. Completes Acquisition of Nevada Home Funding Corp. - FOXBusiness

    Global Links Corp. Completes Acquisition of Nevada Home Funding Corp.FOXBusiness - 21 minutes agoWe are now able to list and sell real estate with the Real Estate Gallerie, Ltd., obtain loans through Nevada Home Funding, and process the title work ...
    2008-02-12 11:24:03

  • Annapolis Bancorp Reports Fourth Quarter, Year-End Earnings - FOXBusiness

    Annapolis Bancorp Reports Fourth Quarter, Year-End EarningsFOXBusiness - 21 minutes agoMost of the fourth quarter charge-offs resulted from the repossession of collateral securing five consumer boat loans with aggregate balances of $225000 ...
    2008-02-12 11:24:10

  • Comtex SmarTrend(R) Morning Call -- February 12, 2008 - FOXBusiness

    Comtex SmarTrend(R) Morning Call -- February 12, 2008FOXBusiness - 21 minutes ago... allowing the suspensions of foreclosures for a month's period while loans worked out; the six mortgage lenders creating the plan include Bank of America ...
    2008-02-12 11:24:32

  • Premier Financial Bancorp, Inc. Announces Record Annual Earnings - FOXBusiness

    Premier Financial Bancorp, Inc. Announces Record Annual EarningsFOXBusiness - 21 minutes agoOur collection efforts on troubled credits continue to produce favorable results as Premier's non-accrual loans are at the lowest quarter-end level over the ...
    2008-02-12 11:24:53

  • North Penn Bancorp, Inc. Reports Fourth Quarter and Year End Results - FOXBusiness

    North Penn Bancorp, Inc. Reports Fourth Quarter and Year End ResultsFOXBusiness - 20 minutes agoThe increase in net interest income was largely due to an increase in interest earned on loans. The increase in other income was due to gains on investment ...
    2008-02-12 11:25:30

  • Foreclosures Hurt Housing Market Further - News 10NBC

    Foreclosures Hurt Housing Market FurtherNews 10NBC, NY - 16 minutes agoHighly discounted foreclosure sales also can make it tougher for borrowers to refinance into more affordable loans if their property value falls, ...
    2008-02-12 11:29:06

  • IndyMac Records First Annual Loss - The Associated Press

    IndyMac Records First Annual LossThe Associated Press - 14 minutes ago... homeowners who are overdue on mortgage payments. They will be given the opportunity to put the foreclosure process on pause for 30 days while the loans ...
    2008-02-12 11:31:14

  • Treasurys sell off on Buffett muni offer - CNNMoney.com

    Treasurys sell off on Buffett muni offerCNNMoney.com - 14 minutes agoThe offer seemed to promise more stability to a municipal debt market badly shaken by bond insurers' decisions to guarantee low-quality mortgage debt, ...
    2008-02-12 11:31:34

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