CARSON, Calif., Feb. 3, 2012 (SEND2PRESS NEWSWIRE) -- DocMagic, Inc., the mortgage industry's leading provider of automated loan document production and compliance solutions, announced that it has teamed with the 315th U.S. Army...
HEADNOTE According to participants in the Chicago Fed's annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an...
HEADNOTE The seventh annual Community Bankers Symposium, co-sponsored by the Federal Reserve Bank of Chicago, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), was held...
Byline: Samuel S. Spencer Jr. As a community banker in New Mexico for more than three decades, I am compelled to respond to recent news articles and opinion pieces that overstate the level...
ALTAMONTE SPRINGS, Fla., Jan. 30, 2012 (SEND2PRESS NEWSWIRE) -- CCMC Inc., the financial industry's premier automated interface supplier, announced an agreement with MortgageFlex Systems, an innovative provider of mortgage lending software, to offer...
Bret Sears took over last month as CEO of Island Federal Credit Union after serving as its chief financial officer. He leads the five-branch institution founded to serve LILCO, then KeySpan and National...
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...
SAN DIEGO, Calif., Jan. 25, 2012 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO, Phil Rasori, has again been...
New York Community Bancorp reported $117.7 million in fourth quarter earnings, down from $149.8 million a year ago as earnings for the year slipped to $480 million from $541 million. The Westbury-based bank...
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...
Meridian Capital Group, LLC announced the following transactions: * A new mortgage of $1,500,000 w on a 16-unit, four-story multi family building on 34th Street in Long island City, NY. The loan features...
GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $39,475,700 for the following properties: * $36,515,700 for a package of 12 multifamily properties containing a total of 200 residential...
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...
Don't blame the real estate appraiser if it turns out that house you're trying to sell or buy isn't worth what you thought it was. That's the message from the Appraisal Institute, the...
Manhattan listings ... For sale: 4,566 For rent: 2,332 Median home value: $455,300 Brooklyn listings ... For sale: 1,101 For rent: 467 Median home value: $527,311 Bronx listings ... For sale:......
Banking Sussex Bank, in Franklin, has appointed Adriano M. Duarte to first vice president/treasury manager. He previously held manager roles in the accounting and financial reporting areas at Investors Bank. He holds a...
New Hyde Park-based Kimco Realty spent $17.4 million to buy two shopping centers in Arizona and Texas. Kimco purchased Woodbridge Shopping Center in Sugar Land, Texas, and Bell Camino in Sun City, Ariz.,...
U.S. Bancorp, the Minneapolis-based bank that has been growing in San Diego for much of the past decade, recently hired Steve Stuckey as its market president. Given the bank's recent performance--net income for...
LOS ANGELES, Calif., Jan. 21, 2012 (SEND2PRESS NEWSWIRE) -- For professional news editors, publishers, and journalists who are seeking original news content, Send2Press - for the week ending January 20, 2012 - issued...
STOCKHOLM -- Regulatory News: Avanza Bank (STO:AZA): o Operating income increased by 12 per cent (21 %) to SEK 695 million (SEK 621 m) o The profit after tax increased by 7 per...