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News :

First American Financial to Present at Keefe, Bruyette & Woods Mortgage ...
Sacramento Bee
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


Silver Legacy Casino Pushes Chips Into Ch. 11
Law360 (subscription)
By Max Stendahl Law360, New York (May 18, 2012, 2:42 PM ET) -- Operators of the Silver Legacy Resort Casino in Reno, Nevada, filed for bankruptcy protection Thursday to restructure significant mortgage debt it failed to repay in the face of sagging ...

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FIRST AMERICAN FINANCIAL CORP : First American Financial to Present at Keefe ...
4-traders
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


First American Financial to Present at Keefe, Bruyette & Woods Mortgage ...
Stockhouse
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


Commercial-Mortgage Securities Spreads Soar to Widest of 2012
BusinessWeek
The three New York-based banks initially marketed the securities to yield 115 basis points more than swaps. Investors are demanding higher yields on bonds tied to shopping malls, skyscrapers and hotels as Europe's worsening fiscal turmoil and possible ...

and more »


Goldman, Citi Raise CMBS New Issue Yield To Highest Since December
NASDAQ
By Al Yoon NEW YORK -(Dow Jones)- A trio of Wall Street dealers raised the benchmark yield on a $1.46 billion commercial mortgage-backed security to the highest level for a new issue since December, according to an investor familiar with the offering.

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Commercial-Mortgage Securities Spreads Soar to Widest of 2012
Bloomberg
The three New York-based banks initially marketed the securities to yield 115 basis points more than swaps. Investors are demanding higher yields on bonds tied to shopping malls, skyscrapers and hotels as Europe's worsening fiscal turmoil and possible ...

and more »


Fitch Downgrades CSFB 2003-C3
MarketWatch (press release)
NEW YORK, May 18, 2012 (BUSINESS WIRE) -- Fitch Ratings has downgraded seven classes of Credit Suisse First Boston Mortgage Securities Corp., series 2003-C3 (CSFB 2003-C3) commercial mortgage pass-through certificates. A detailed list of rating actions ...

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Goldman, Citi Raise CMBS New Issue Yield To Highest Since December
Wall Street Journal
By Al Yoon Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A trio of Wall Street dealers raised the benchmark yield on a $1.46 billion commercial mortgage-backed security to the highest level for a new issue since December, according to an investor ...

and more »


First American Financial to Present at Keefe, Bruyette & Woods Mortgage ...
DigitalJournal.com (press release)
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


Former Dublin Man Sentenced in Mortgage Fraud Case
LoanSafe
(Source: Kathy Lynn Gray The Columbus Dispatch, Ohi (MCT) ? A former Dublin man who flipped high-end properties in central Ohio and lived the high life with $3.4 million in kickbacks was sentenced today to 4 1/2 years in prison.

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Certification battle in Ohio MERS class action heats up
Lexology (registration)
The plaintiff argues that the case, which the plaintiff is attempting to bring on behalf of all 88 Ohio counties for relief relating to the allegedly unlawful failure of MERS and its member institutions to record millions of mortgages and mortgage ...



Ashland County Receieves Grant To Demolish Vacant Properties
North Central Ohio
Ashland County will receive $270126 from the Moving Ohio Forward Demolition Grant Program for the demolition of more than 25 vacant properties. The program is through the Ohio Attorney General's Office. Commissioner Kim Edwards said the commissioners ...

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Geauga County land transfers
News-Herald.com
Donna M. Zaverl sold a home at 15190 Old Rider Road to Federal National Mortgage Association for $45000. Dawn Marie Baynes sold a property at Aquilla Road to Federal Home Loan Mortgage Corporation for $46700. JD Properties Inc. An Ohio Corporation sold ...

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Former Dublin man sentenced in mortgage fraud case
Columbus Dispatch
By Kathy Lynn Gray A former Dublin man who flipped high-end properties in central Ohio and lived the high life with $3.4 million in kickbacks was sentenced today to 4 1/2 years in prison. Judge Dick Sheward of Franklin County Common Pleas Court ordered ...

and more »


Columbus' Red Mortgage Capital provides more than $43 million worth of FHA ...
REjournals.com
Columbus, Ohio-based Red Mortgage Capital, LLC, recently processed and funded more than $43 million of non-recourse FHA financing for properties in three states. GNMA/FHA Section 223(f) financing recently was secured in the amount of $24.4 million for ...

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Mortgage Lender Residential Finance Corp. Explains Benefits of HARP 2.0
EON: Enhanced Online News (press release)
COLUMBUS, Ohio--(EON: Enhanced Online News)--When June Snow first looked into refinancing her interest-only mortgage, she was told it would be impossible because the value for her three-bedroom, two-bath ranch style home was not in the necessary range.

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Missouri Among States Spending Mortgage Settlement On Other Priorities
KCUR
By Sylvia Maria Gross Missouri is one of more than a dozen states using funds from a $25 billion dollar mortgage settlement to plug unrelated budget gaps, according to the New York Times and a report from Enterprise Community Partners, an affordable ...

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Sen. Reed Introduces Bill to Enhance Mortgage Protections Accorded to Service ...
Targeted News Service (subscription)
I., Sherrod Brown, D-Ohio, and Mark Begich, D-Alaska. The legislation was referred to the Senate Veterans' Affairs Committee. The full text of the bill is available from the Library of Congress Thomas legislative web site.

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US housing starts rose to 717000 in April
Asbury Park Press
Tom Steindl works inside a new home under construction in Columbia Station, Ohio Wednesday. US builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered ...

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News :

Super-PAC Feeds Romney Words
Bloomberg
?Don't try to stop the foreclosure process. Let it run its course and hit the bottom.? The day was barely half finished before the super-PAC launched the response to Romney's morning ad, airing in a few critical swing states with promises about his ...

and more »


Tiny Dynamite, By "Iron Lady" Screenwriter Abi Morgan, Will Play Off-Broadway
Playbill.com
The three-person cast includes Blake DeLong (Taboos at SoHo Playhouse); Olivia Horton (Foreclosure at Playwrights Horizons) and Christian Conn (Broadway's Desire Under the Elms). Tiny Dynamite has set and lighting design by Maruti Evans, costume design ...



WSJM

Berrien County Tax Foreclosures Falling
WSJM
Tax foreclosures in Berrien County are on the decline, and dramatically so. County Treasurer Bret Witkowski tells WSJM says they continue to work with people who are behind on property taxes to get them into payment plans that work for their budget and ...



KMOX.com

Local Woman Sentenced Involving Mortgage Foreclosure Scam
KMOX.com
St. Louis, MO (KMOX) - Marien Brown was sentenced to 18 months in prison, and ordered to pay approximately $250000 restitution for falsely representing that she operated a ?mortgage rescue? or ?foreclosure rescue? service. According to court documents, ...

and more »


Foreclosure Filings Plummet to Lowest Since June 2011
LoanSafe
(Source: Andrew Gomes The Honolulu Star-Advertiser (MCT) ? The number of foreclosure filings in Hawaii sank in April to its lowest for any month since a controversial overhaul of a state law governing residential foreclosures took effect last May, ...

and more »


U.S. Foreclosure Activity Shifting Eastward According to RealtyTrac(R) U.S. ...
Construction Digital (press release)
IRVINE, CA--(Marketwire - May 17, 2012) - RealtyTrac ® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its US Foreclosure Market Report? for April 2012, which shows foreclosure filings -- default notices, ...

and more »


Property Magazine

U.S. Forclosures are a Continuing Obstructions to Recovery
Property Magazine
Listing prices continue to be affected by the rising number of US foreclosures. They are the one single problem that has a detrimental effect on the real estate industry. In addition to reducing listing prices on existing homes, the sales of new homes ...



Democratic Attorney General Candidates Talk Foreclosure, Republican Rivals ...
Huffington Post
None of the top prosecutors in the states where foreclosure has hit the hardest, including Florida and Nevada, are up for election in 2012. But voters in Indiana, Missouri, Montana, North Carolina, Oregon, Pennsylvania, Utah, Vermont, Washington state ...



5 U.S. Cities Making Big Turnarounds
TheStreet.com
By Jerold Leslie 05/18/12 - 01:07 PM EDT BOSTON (MainStreet) -- Some of the nation's hardest-hit housing markets are beginning to turn around as lower unemployment, a stabilizing foreclosure market and lots of bargain hunters help things rebound.

and more »


5 US Cities Making Big Turnarounds
TheStreet.com
By Jerold Leslie 05/18/12 - 01:07 PM EDT BOSTON (MainStreet) -- Some of the nation's hardest-hit housing markets are beginning to turn around as lower unemployment, a stabilizing foreclosure market and lots of bargain hunters help things rebound.

and more »


FOX Carolina 21Democrats' group paying for anti-McCrory ad in NC
WHNS Greenville
Entertainment News from AP RALEIGH, NC (AP) - The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and ...

and more »


Democrats' group paying for anti-McCrory ad in NC
News & Observer
AP RALEIGH, NC -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
MyrtleBeachOnline.com
AP RALEIGH, NC -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WBTV
RALEIGH, NC (AP) - The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WCNC
by AP RALEIGH, NC (AP) -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WECT-TV6
RALEIGH, NC (AP) - The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WLOS
RALEIGH, NC (AP) -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.



Democratic group bankrolling TV ad critical of NC GOP nominee McCrory and ...
The Republic
AP RALEIGH, NC ? The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WRAL.com
RALEIGH, NC ? The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Monarch Bank is Now Open in Suffolk
Citybizlist (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »