FDIC takes control of First Priority Bank in Bradenton, Fla. The U.S. Federal Deposit Insurance Corp. said Friday it has taken control of the First Priority Bank of Bradenton, Fla., and that SunTrust Banks Inc.read more...
E-Trade swings to 1Q loss as it plots mortgage recovery (AP via Yahoo! Finance) E-Trade Financial Corp. on Thursday posted its second straight quarterly loss, after the ailing online brokerage booked more charge-offs related to its mortgage portfolio and costs linked to its
PushMX BOXOFFIX Productivity Appliance for Mortgage Brokers and Bankers Unveiled at NAMB 2006 Annual Conference (RedNova) PushMX(TM) Software, the productivity leader in the mortgage software industry, has announced PushMX BOXOFFIX(TM), an easy-to-implement productivity and workflow management appliance for mortgage professionals who use Calyx Point(R) loan origination
Strategists perplexed as 10-year yield falls NEW YORK , Forget Hollywood bigwigs: The summer blockbuster hit - The Incredible Shrinking Bond Yield - is being produced and directed by deep-pocketed Wall Street heavyweights.via
Plan Puts 'Super' Exemption On Table TALLAHASSEE - Empowered by equal footing in the debate over how to cut property taxes, House Democrats offered a complex plan Wednesday that would give half of the state's new
2005 Mortgage Fraud $1 Billion -- Mortgage Fraud News From MortgageDaily.com (PR Newswire via Yahoo! Finance) Mortgage fraud reached $1 billion during 2005, according to government data provided to MortgageDaily.com, the dominant source of online news for the mortgage industry.read more...
DETROIT—August 3, 2005—General Motors Acceptance Corporation (GMAC), the financial services subsidiary of General Motors Corporation , announced today that it has entered into a definitive agreement to sell a 60 percent equity interest in its commercial mortgage subsidiary, GMAC Commercial Holding Corp. (GMACCH) to an investor group comprising Kohlberg Kravis Roberts & Co. (KKR), Five Mile
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