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Bank Stock Watch: Bank of America 8 Dec 2009 16:55 GMT
... Network) -- December 8, 2009 (FinancialWire) -- Bank of America Corp. (NYSE: ) was one of the ... Card, unsecured lending, and international card; consumer real estate products, including mortgage products for home purchase and refinancing, reverse mortgage ...
Mortgage broker doesn't see market settling ... 8 Dec 2009 08:45 GMT
... College : Has been involved in the mortgage industry since 1982, including Plaza Bank and Long ... Brokers took a break from the second-worst real estate market in a century and descended on ... top banks — Citigroup, Wells Fargo and Bank of America — dominate more than 50 percent of ...
Buyers, Be Wary 8 Dec 2009 05:54 GMT
... are beginning to look a bit like real estate brokerages, showcasing the many properties that they’ve ... for less than is owed on the mortgage. Through October, foreclosures and short sales accounted for ... on the big banks' Web sites, like Bank of America and Wells Fargo, as well as regional ...
Foreclosures Offer Deals but They're Not Easy to Find 8 Dec 2009 11:55 GMT
... are beginning to look a bit like real estate brokerages, showcasing the many properties that they've ... for less than is owed on the mortgage. Through October, foreclosures and short sales accounted for ... on the big banks' Web sites, like Bank of America and Wells Fargo, as well as regional ...
U.S. Forecasts Smaller Loss From Bailout of Banks 8 Dec 2009 04:34 GMT
... example, still holds a trillion-dollar portfolio of mortgage-backed securities whose market value is unknown. The ... it was presented to Congress. Last week, Bank of America became the latest big bank to say ... very damaged” — in banking, housing, commercial real estate and credit-starved small businesses. He said the ...
Banks Say Uncle Sam Plays Favorites 8 Dec 2009 13:11 GMT
... . The rapid buying and reselling of real estate that occurred during the last housing boom ... minimum generally was about equal to the mortgage balance due. But in today's market, in which ... what they are seeking to repay than Bank of America did.” reminds us that Bank of America’s ...
Banks say Uncle Sam plays favorites. 8 Dec 2009 13:47 GMT
... . The rapid buying and reselling of real estate that occurred during the last housing boom ... minimum generally was about equal to the mortgage balance due. But in today's market, in which ... what they are seeking to repay than Bank of America did.” reminds us that Bank of America’s ...
Failures Cripple Obama Loan Modification Program 8 Dec 2009 14:30 GMT
... of the nation's largest banks, Chase and Bank of America, testified in Congress this morning that as ... as many as 85 percent of delinquent mortgages are failing the Administration's loan modification process because ... full documentation," said Anthony Sanders, professor of real estate finance at George Mason University. ...
Citi Pushes for TARP Payback 8 Dec 2009 07:35 GMT
... accelerated efforts after last week's announcement by Bank of America Corp. ( ) that it had won ... Reserve on $301 billion of devalued securities, mortgages, auto loans, commercial real estate and other assets. Citigroup paid $7 billion ...
Reid pushes for public option compromise deal -- Lieberman still a wild card -- Vote on abortion amendment expected today -- More chatter about 'ping-ponging' the Senate bill 8 Dec 2009 13:10 GMT
... Private Sector and Government Response to the Mortgage Foreclosure Crisis” : House members filed a ... to reduce interest and principle on primary residential mortgages. A similar measure has passed the ... week’s announcement by the Treasury Department that Bank of America Corp. won approval to repay its $45 ...
US plays it safe, holds on to Citigroup stake 8 Dec 2009 14:15 GMT
... The Kuwait investment fund that got about 900-million shares in ... state guarantees on 301bn of devalued securities, mortgages, car loans, real estate and other assets. Citigroup paid 7bn in ...
Debt Raters Avoid Overhaul After Crisis 8 Dec 2009 11:55 GMT
... source: re-Remics, an acronym for resecuritization of real estate mortgage investment conduits. These are transactions that take downgraded ... deeply entrenched. In September, four companies — Bank of America, Nissan, Discovery and American Express — issued ...
Real Estate News: Sillerman's Hotel Burden, Dubai's American Investor 7 Dec 2009 22:18 GMT
... Real Estate News compiles a daily wrap-up from each ... green a house or apartment is. : Bank of America sold a $60 million bond deal backed by commercial mortgages, the first such deal to be sold without ...
HomeBanc Further Grows Mortgage Lending Staff 8 Dec 2009 00:12 GMT
... E. Shorten and Angie Young Dufort as Mortgage Loan Officer for HomeBanc. Ms. Shorten is ... lower-rate FHA loans for first-time buyers and residential mortgage loans. It has grown to more ... located on the 41st floor of the Bank of America Plaza building at 101 E. Kennedy Blvd. ...
No cartwheels for mortgage broker 7 Dec 2009 08:43 GMT
... College : Has been involved in the mortgage industry since 1982, including Plaza Bank and Long ... Brokers took a break from the second-worst real estate market in a century and descended on ... top banks — Citigroup, Wells Fargo and Bank of America — dominate more than 50 percent of ...

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reuters.com:
SEC Charges Ex-New Century Execs in Subprime Case
Subprime Mortgage News

timesonline.co.uk:
Homeowner Bailout Plan May Not Stop U.S. Housing Market Crash
United States Housing Market Downturn News

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Ben Bernanke & Real Estate News

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thisismoney.co.uk:
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nationalmortgageprofessional.com:
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Mortgage Fraud News

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Berlin Real Estate Holding Firm
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BusinessWeek names Tinley Park, Ill., 'Best Place in America to Raise Kids' [23 Nov 2009]

Florida commercial property Answer- Real Estate Subleasing Tip! [20 Nov 2009]

Austin Real Estate Broker Kenn Renner of BuyAustin.com Alert - First Time Homebuyer Credit extension Update! [16 Nov 2009]

West Palm Beach commercial real estate broker offers key points to remember when refinancing a commercial property mortgage [16 Nov 2009]

Choice Home Mortgage Services announces Reverse Mortgage Specialist, Frank Miller, has joined their exclusive Long Island Reverse Mortgages team. [26 Oct 2009]

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Buying and Selling News

Carl Icahn Claims Goldman Wronged Him In Short Sale [08 Dec 2009 - 18:01]
Captive assets: conflict over gas rights traps royalties in escrow accounts [08 Dec 2009 - 16:27]
Getting a mortgage Glimmer of hope for first-time buyers [08 Dec 2009 - 16:26]
Real estate brokers group elects officers [08 Dec 2009 - 15:52]
Georgia's Largest Real Estate Broker, Metro Brokers, Joins Better Homes and Gardens Real Estate [08 Dec 2009 - 15:13]

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Housing Market News

Home Prices Rise 1.1 Percent in Third Quarter [08 Dec 2009 - 18:14]
Home Prices Rise For Second Straight Quarter: Freddie [08 Dec 2009 - 18:10]
Home prices rise in Britain [08 Dec 2009 - 18:02]
Condo Vultures: S. Fla. foreclosure filings rise [08 Dec 2009 - 18:01]
Real Estate Market Report: Housing Prices Decline 0.4% in November [08 Dec 2009 - 17:32]

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Institutions News

LandAmerica Financial Group, Inc. (LFGRQ: Pink Quote) | Deleted Symbol [08 Dec 2009 - 18:14]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [08 Dec 2009 - 06:39]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [08 Dec 2009 - 06:39]
Buyers Protection completes acquisition of 2 LandAmerica units [07 Dec 2009 - 23:57]
Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]

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Mortgage Lenders News

Northern Rock shareholders told they aren't owed anything [08 Dec 2009 - 18:14]
Life After Fannie Mae for Reverse Mortgages [08 Dec 2009 - 16:56]
Home Prices Rise For Second Straight Quarter: Freddie Mac [08 Dec 2009 - 16:56]
Northern Rock investors to get nothing [08 Dec 2009 - 16:47]
No compensation for Northern Rock shareholders [08 Dec 2009 - 16:19]

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Property Developers News

ING Real Estate Community sells off US and Canadian seniors [08 Dec 2009 - 18:14]
China's Evergrande sees prop sales up 50 pct in 2010 [08 Dec 2009 - 12:32]
HKEx: Admission Of Evergrande Real Estate Group Ltd To List Of Designated Securities For Short Selling [08 Dec 2009 - 11:33]
China's Evergrande sees home sales up 50 pct in 2010 [08 Dec 2009 - 09:42]
Intellectual Property Watch examines WHO working group on drug development financing [08 Dec 2009 - 06:18]

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Real Estate Brokers News

Menards Joins Re/Max as Co-Presenting Title Sponsor of ARCA Series in 2010 [08 Dec 2009 - 16:47]
Menards, RE/MAX Named Presenting Sponsors [08 Dec 2009 - 15:45]
ZipRealty Introduces Free iPhone Application Enabling Mobile House-Hunting in More Than 4,800 Locati [08 Dec 2009 - 15:12]
ZipRealty Introduces Free iPhone Application Enabling Mobile House-Hunting in More Than 4,800 Locations [08 Dec 2009 - 14:46]
Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]

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Real Estate Financing News

Mortgage rates rise for first time in weeks [08 Dec 2009 - 18:09]
Mortgage Rates Move Lower Ahead of Treasury Auctions [08 Dec 2009 - 18:06]
Shore Mortgage Locks in 4.5% (5.192% APR) 30-Year FHA Loans for Qualifying Applicants (PRN) [08 Dec 2009 - 18:03]
Shore Mortgage Locks in 4.5% (5.192% APR) 30-Year FHA Loans for Qualifying Applicants [08 Dec 2009 - 18:01]
ICICI, Kotak Mahindra slash home loan rates [08 Dec 2009 - 17:31]

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Real Estate Miscellaneous News

Mortgage costs return to levels seen at start of the year, says Moneyfacts [08 Dec 2009 - 18:01]
New projections have Washington looking at higher real estate taxes [08 Dec 2009 - 09:41]
Six accused of dealing in mortgage fraud [08 Dec 2009 - 07:42]
Mortgage execs face fraud charges [08 Dec 2009 - 04:56]
Richmond landlord held in tenant's stabbing death [08 Dec 2009 - 02:06]

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