Rachel Dalton The old adage 'my house is my pension' - predictably popular in an era when house prices boomed - is now accepted to be an unwise approach to retirement saving. But...
The number of mortgage loans paid off, an indicator of real estate market health, fell 6.4 percent statewide from 2010 to 2011. However, the number of loan payoffs rose from the third to...
NorthMarq Capital announced the following transactions: * Ernest DesRochers and Charles Cotsalas arranged a construction loan in the amount of $3 million for the Garden City Medical Plaza, a 53,038 s/f mixed-use office...
Significant challenges hit the commercial real estate finance market in the last two years, but 2011 saw significant recovery and progress over the previous year. Mortgage bankers are optimistic that 2012 will be...
MICHIGAN CITY, Ind. -- Horizon Bancorp (NASDAQ: HBNC) today announced its unaudited financial results for the three and twelve month periods ended December 31, 2011. All share data has been adjusted to reflect...
Brick Realty Capital LLC, through an affiliate entity, arranged the following transaction: * A first mortgage of $320,000 to a private owner of a four story walk-up apartment building located in the Clinton...
Robert W. Ranieri, senior vice president and managing director of NorthMarq Capital's Capital Services East Group arranged first mortgage refinancing of $4.5 million for 301 East 84th Street in New York, New York....
TYSONS CORNER, Va. -- Cardinal Financial Corporation (NASDAQ: CFNL) (the "Company") today announced earnings of $28.0 million, or $0.94 per diluted share, for year ended December 31, 2011. This is a 51.8% increase...
NEW YORK -- Citigroup Inc.'s (Citi) fourth quarter-2011 (4Q'11) performance was generally in line with Fitch Ratings' expectations, though the bank is still underperforming its top-rated U.S. peers. Citi continued to generate operating...
26 CFR 601.105: Examination of returns and claims for refund, credit or abatement: determination of correct tax liability. (Also Part 1, §§ 856: 1.856-3, 1.856-5, and 1.860F-4.) SECTION 1. PURPOSE This revenue procedure...
Safe Harbor Reporting Method for Eligible REMICS Required to Report on Schedule Q Information with Respect to REMIC Assets PURPOSE This notice provides a safe harbor reporting method that an eligible real estate...
FreeScore.com shows actions, like increasing a credit card balance, can lower scores up to 62 points NORWALK, Conn. -- Please replace the release with the following corrected version due to multiple revisions. The...
Attorney General Eric Schneiderman announced today he is seeking legal aid organizations to provide direct legal services to homeowners in foreclosure as part of a $1 million campaign to prevent residents from losing...
NEW YORK -- Fitch Ratings says the resignation of Fannie Mae chief executive Michael J. Williams should not affect day to day operations at the government-controlled mortgage lender. Both government-sponsored enterprises (GSEs) Fannie...
Brick Realty Capital LLC, through an affiliate entity, oversaw the following transactions: * A first mortgage of $320,000 to a private owner of a four story walk-up apartment building in the Clinton Hill...
Outgoing Chairman Bruce Giacoma Remains Board Member, Managing Director of Secondary Marketing and Capital Markets FULTON, Md. -- NewDay USA, LLC, a nationwide VA, FHA and reverse mortgage lender, today announced that Rear...
Mortgage Cadence Offers Relief to Company Burdened by Its Lending System DENVER -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial...
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that it is exiting the business of originating forward residential mortgages. MetLife Home Loans, the residential mortgage division of MetLife Bank, N.A., will no...
NEW YORK -- Annaly Capital Management, Inc. (NYSE: NLY) released its fourth quarter 2011 market commentary providing a review of the economy and the residential mortgage, commercial mortgage, asset-backed, corporate credit and treasury...