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By Solnik, Claude | Publication: Long Island Business News | Filed In: Company Earnings and Financial Results
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...
Business Journal
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...
Business Journal
By Allen, Mike | Publication: San Diego Business Journal | Filed In: Navies and Armed Forces
The presence of the U.S. Navy and U.S. Marine Corps in San Diego hasn't been lost on Navy Federal Credit Union. The world's largest credit union, with more than $47 billion in assets...
Business Journal
Notice of Proposed Rulemaking and Notice of Public Hearing Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking...
Business Journal
By Miller, Amanda | Publication: The Colorado Springs Business Journal | Filed In: Real Property Law and Property Law
A Denver lawmaker plans to sponsor a bill this year that aims to require lenders to prove they are the holders of evidence of debt before they foreclose. Rep. Beth McCann, D-Denver, is...
Business Journal
PHILADELPHIA -- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., today announced a partnership with LoanSifter, the leading provider of Web-based mortgage product eligibility and pricing engines. Beginning immediately,...
Press Release
Publication: Business Wire | Filed In: Dividends and Company Earnings
Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
Press Release
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Press Release
North American FinTech Spending Projected to be $53 billion ATLANTA -- William Mills Agency, the nation's largest independent financial PR and technology public relations firm, today released its annual financial services industry research...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
* Net income of $81.7 million for 2011, compared to $62.9 million for 2010. This represents an increase of $18.8 million, or 29.87%. Diluted earnings per common share were $0.77. * 4(th) Quarter...
Press Release
By Ryan, PaddyGriggs, Ken | Publication: Daily Journal of Commerce | Filed In: Mortgage Refinancing and Mortgage Loans
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...
Business Journal
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
Fourth Quarter Earnings Per Common Share Were $1.84 NEW YORK -- The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $28.81 billion and net earnings of $4.44 billion for the...
Press Release
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...
Business Journal
Publication: Real Estate Weekly | Filed In: Real Estate Agents and Real Estate
The winners of the real estate industry's most coveted awards, The Real Estate Board of New York's (REBNY's) Most Ingenious Deal of the Year Awards, were unveiled in April at the Commercial Sales...
Business Journal
Publication: Business Wire | Filed In: Commercial Mortgages and Mortgage Loans
NEW YORK -- Fitch Ratings has issued a presale report on FREMF 2012-K705 multifamily mortgage pass-through certificates and Freddie Mac structured pass-through certificates, series K-705. Fitch expects to rate the transaction and assign...
Press Release
Fourth Quarter Revenues of $17.2 Billion Down 7% from the Prior Year Period Fourth Quarter Net Credit Losses Declined 40% from the Prior Year Period to $4.1 Billion Full Year 2011 Net Income...
Press Release
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...
Business Journal
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...
Business Journal
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...
Press Release
MT. LAUREL, N.J. -- PHH Corporation (NYSE: PHH) ("PHH" or the "Company") announced today the closing of its offering of $250 million in aggregate principal amount of 6.00% Convertible Senior Notes due 2017...
Press Release

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