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News :

Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
Carolina -- 6.07% of outstanding mortgage balances are at least 90 days delinquent The number of seriously delinquent mortgages has almost tripled over the last four years, from 2.09% in Q4 2007, to 6.07% at the end of last year. 9. Connecticut ...



The great foreclosure deception; big banks renege on Obama deal
Examiner.com
The banks want out of the mortgage game, and are taking their pound of flesh as they exit. That pound of flesh is pricier than the finest fillet mignon. Wells Fargo, Bank of America and the other big banks that hold most of the nation's mortgages have ...

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SBT BANCORP INC (CONNECTICUT) : SBT Bancorp Announces Quarterly Dividend
4-traders
The Bank serves customers through full-service offices in Avon, Bloomfield, Granby and Simsbury, Connecticut; a mortgage loan center in Canton; and mortgage loan originators throughout Connecticut; SBT Online internet banking at simsburybank.com; ...

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Business briefs
Minuteman News Center
He resides in Fairfield, Connecticut with his wife, Ellen, and two sons, Patrick and Brian. Mortgage Master and the Fairfield Chamber of Commerce will host a Business After Hours on Thursday, May 24, from 5:30 to 7:00 pm at One Post Road, Fairfield.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

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Business briefs
Minuteman News Center
He resides in Fairfield, Connecticut with his wife, Ellen, and two sons, Patrick and Brian. Mortgage Master and the Fairfield Chamber of Commerce will host a Business After Hours on Thursday, May 24, from 5:30 to 7:00 pm at One Post Road, Fairfield.

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of credit card debt while Connecticut ($6876), Hawaii ($7090) and Alaska ($7096) have the most. Montana paid down its credit card debt the most at 11% to $5572.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Financial News

Prologue recruits duo for US mortgage push
Financial News
He was previously co-head of agency mortgage trading at RBS Greenwich. The pair will be based in Greenwich, Connecticut, and report to Graham Walsh, Prologue's founding partner and chief investment officer. They will focus on identifying opportunities ...

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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.

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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 ...

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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 ...

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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 »

News :

Edgewood Summit gets almost $9M for expansion
Charleston Gazette
The West Virginia Economic Development Authority authorized an $8.75 million mortgage revenue bond issue Thursday to pay for the project. Edgewood Summit will put equity in the project to make up the nearly $4 million difference, said Diane Gouhin, ...



Credit card and mortgage debt down, but so are scores
Puget Sound Business Journal
In some states mortgage debt fell more -- it dropped 7 percent in both Mississippi and Tennessee, and fell 6 percent in South Carolina, West Virginia and Wisconsin. Nationwide, home equity debt fell and so did student loan debt, but auto loan debt ...

and more »


C&F Financial Corporation Announces Quarterly Dividend
Sacramento Bee
By C&F Financial Corporation WEST POINT, Va., May 16, 2012 -- /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West Virginia have not been as specific as to where they are diverting the funds. Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how ...

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Consumer protection office opens in W.Va.
Graffiti
AP MARTINSBURG, W.Va. (AP) ? West Virginia's attorney general's office has opened a consumer protection office in Martinsburg to serve the Eastern Panhandle. Opened Tuesday, the office will help bridge residents in that part of the state with consumer ...

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WV Attorney General opens Martinsburg office
State Journal
To help improve the region's access to consumer protection resources, West Virginia Attorney General Darrell McGraw recently opened a Martinsburg-based branch of the attorney general's office. During During the grand opening ceremony, residents got the ...

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Martinsburg workshop aims to help those struggling with mortgages
The Herald-Mail
Residents should bring all of their home mortgage-related documents to today's workshop, which will be from 10 am to 7 pm at the newly opened West Virginia attorney general's Eastern Panhandle office at 269 Aikens Center. Deputy Attorney General Jill ...



C&F Financial Corporation Announces Quarterly Dividend
DigitalJournal.com (press release)
WEST POINT, Va., May 16, 2012 /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common share, which is payable July 1, ...

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Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...

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Mortgage debt falls in Alabama
Bizjournals.com
The mortgage debt for consumers in the state dropped 5 percent from the previous year. The other states that had decreases in mortgage were Mississippi and Tennessee (both down 7 percent); South Carolina, West Virginia and Wisconsin (all down 6 ...

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FORECLOSURE SALE NOTICE
Green River Star
WHEREAS, default in the payment of principal and interest has occurred under the terms of a promissory note (the ?Note?) dated February 8, 2007, executed and delivered by Jill Welton and Erin Lamb (?Mortgagor(s)?) to Mortgage Electronic Registration ...



Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Mortgage debt falls in Alabama
Bizjournals.com
The other states that had decreases in mortgage were Mississippi and Tennessee (both down 7 percent); South Carolina, West Virginia and Wisconsin (all down 6 percent); and Louisiana and Wyoming (down 5 percent).

and more »


Credit scores fall from last month
Central Valley Business Times
Consumer credit card and mortgage spending in April slowed from a year ago, with the average credit card debt per consumer falling 13 percent to $5650 and the average mortgage debt decreasing 3 percent to $166631, according to figures from CreditKarma ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. -- Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Wyo ranks low for mortgage delinquencies
Casper Star-Tribune Online
Wyoming was in the lowest tier of states for mortgage delinquency rates in the first quarter, according to credit bureau giant TransUnion. Wyoming registered the fourth lowest rate at 2.43 percent, behind North Dakota (1.51 percent), South Dakota (2.11 ...

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FORECLOSURE SALE NOTICE
Green River Star
... and which Mortgage was recorded on November 1, 2001, at Reception No. 1347059 in Book 944 at Page 1073 in the records of the office of the County Clerk and ex-officio Register of Deeds in and for Sweetwater County, State of Wyoming; and Assignment ...



TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
MarketWatch (press release)
CHICAGO, IL, May 09, 2012 (MARKETWIRE via COMTEX) -- The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that ...

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