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California Mortgage Loans News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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  • Redwood Trust scores $27 million profit in third quarter 7 Nov 2009 10:18 GMT
    ... president and chief financial officer. Before the real estate bubble burst, Redwood purchased residential and commercial mortgages, packaged them as securities ... to restart the private securitization market for mortgage loans. "We are confident that there will be ...

  • Appeal lost in brewery case 7 Nov 2009 09:06 GMT
    ... The nearly three-year-old bankruptcy case involving the former Olympia Brewery ... bankruptcy case involving the former Olympia Brewery property appears to be winding to a close. ... were paid to Bar K Inc., the mortgage loan broker for RE Loan and Ng, Bar ...

  • Countrywide mortgage fraud 7 Nov 2009 10:52 GMT
    ... Countrywide CEO finally going to face the music for ... tax court) BS University of Wisconsin, Milwaukee, Mortgage loan originator 1993: Century 21 Real Estate agent ...

  • Will New FDIC Bank Rules Help or Harm Commercial Real Estate? 6 Nov 2009 04:31 GMT
    ... have a major impact on the commercial real estate industry and the nation’s financial system by ... down hundreds of billions of dollars of mortgage loans. That would be a hit against bank ... stifled any fragile economic growth and forced property values down even further, maintains Kozel. “What ...

  • BUYINS.NET: TOL, SNPS, HOTT, TAXI, FUNC Expected To Be Higher Leading Up To Next Earnings Releases 6 Nov 2009 10:44 GMT
    ... single-family detached and attached homes in luxury residential communities in the United States. It also ... loan portfolio comprises commercial loans secured by real estate, commercial equipment, vehicles, or other assets; commercial ... buildings, and general purpose business space; residential mortgage loans, including home equity lines of credit; residential ...

  • 4 Things You Should Know About FHA Loans 6 Nov 2009 17:57 GMT
    ... four things you should know about FHA mortgage loans: Many government programs are limited to those ... is. The maximum home loan in most real estate markets is $271,050. However, if you live ... paperwork scared off homebuyers as well as mortgage loan officers. However, the Federal Housing Administration has ...

  • BUYINS.NET: PEIX, TELK, UFPT, IHC, CVBK, ROAC Expected To Be Lower After Earnings Releases on Tuesday 6 Nov 2009 10:44 GMT
    ... deposits, money market accounts, certificates of deposits, and other time deposits. The company offers residential mortgage loans, commercial mortgage loans, real estate construction loans, commercial business loans, and consumer loans, including automobile loans, home equity lines ...

  • The Fed and Fannie Mae: Throwing Money Down a Black Hole 6 Nov 2009 15:23 GMT
    ... in the secondary mortgage market, where existing mortgage loans are purchased and sold. We securitize mortgage ... result in the immediate sale of the property and satisfaction of the note (since the ... than that required for a full documentation mortgage loan but may also include other alternative product ...

  • Sunstone Hotel Investors Reports Results for Third Quarter 2009 6 Nov 2009 16:17 GMT
    ... Sunstone Hotel Investors, Inc. (the "Company") today announced results ... amendment to a $246.3 million, 5.95% non-recourse mortgage loan that matures in 2011. The Company elected ... preferred relationships with current owners of hotel real estate, who may look to divest of such ...

  • Ashford Hospitality Trust Reports Third Quarter Results 6 Nov 2009 16:49 GMT
    ... Ashford Hospitality Trust, Inc. today reported the following results ... all of our non-current assets consist of real estate investments and debt investments secured by real ... of $1,341 for the refinancing of a mortgage loan for the nine months ended September 30, ...

  • UPDATE 1-PennyMac Trust reports net loss in first 2 months 6 Nov 2009 01:43 GMT
    ... the proceeds from its equity offerings in residential mortgage-backed securities having an aggregate unpaid principal ... principal balance of approximately $72.9 million. The real estate investment trust, based in Calabasas, California, acquired ... of the proceeds in suitable pools of mortgage loans or longer-lived, higher yielding mortgage-backed securities. "In ...

  • FirstFed Financial Corp. Announces Extension of Expiration Date and Consent Payment Deadline for Tender Offers and Consent Solicitations 6 Nov 2009 22:31 GMT
    ... owns and operates First Federal Bank of California, a federally chartered savings association. The Company's ... and willingness of borrowers to pay their mortgage loans, which is affected by external factors such ... factors such as interest rates, the California real estate market and the strength of the ...

  • FirstFed Financial Corp. Announces Extension of Expiration Date and Consent Payment Deadline for Tender Offers and Consent Solicitations (BIZ) 6 Nov 2009 22:50 GMT
    ... at 12555 W. Jefferson Boulevard, Los Angeles, California 90066, and its telephone number is (310) ... and willingness of borrowers to pay their mortgage loans, which is affected by external factors such ... factors such as interest rates, the California real estate market and the strength of the ...

  • Mortgage-backed bonds pumped millions into Whatcom County real estate 3 Nov 2009 16:55 GMT
    ... COMTEX) -- The story of one Ferndale mortgage loan demonstrates how the global flow of investment ... and many other firms that pooled individual mortgage loans. Pools of such loans provided streams of ... mortgages by Goldman and other players, the real estate boom and bust would likely not have ...

  • BUYINS.NET: CIA, YORW, RMIX, ARTNA, FUNC, DGAS Expected To Be Higher After Earnings Releases on Thursday 3 Nov 2009 09:37 GMT
    ... December 31, 2008, it served approximately 176,000 residential, commercial, industrial, and other customers in 39 ... loan portfolio comprises commercial loans secured by real estate, commercial equipment, vehicles, or other assets; commercial ... buildings, and general purpose business space; residential mortgage loans, including home equity lines of credit; residential ...


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