American Home Mortgage Investment operates as a real estate investment trust REIT for federal income tax purposes, and its corporate structure includes both qualified REIT...
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American Home Mortgage Plunges 87 PctAn investor who reads annual reports: The builders are the biggest lendersFor those who really do not have the time to read building company annual reports, here is a bullet list of tidbits that all will find interesting, particularly in light of today's mortgage environment:1. Joint...
Cara Heiden, Co-President, Wells Fargo Home Mortgage DES MOINES, Iowa -- Wells Fargo commends the U.S. President's Advisory Council on Financial Literacy in endorsing and accepting recommendations to include financial literacy as a part of responsible subprime lending. We also commend the leadership of Vice Chairman John Hope...
Bronstein, Gewirtz & Grossman, LLC announcesthat a class action lawsuit has been filed in the United States DistrictCourt for the Southern District of New York against First AmericanCorporation ("First American" or the "Company") (NYSE: FAF) and variousindividuals on behalf of purchasers of First American securities whopurchased between April 26, 2006...
Martin Luther King Jr.'s dream of a day when people are judged by character, not skin color, should apply everywhere -- particularly in banks. That's the message that Jeanetta Williams, president of the Salt Lake branch of the NAACP, had on Wednesday, the anniversary of the Civil...
-Thirty-Three States Show Decline in Past 12 Months- SANTA ANA, Calif., July 2 /PRNewswire-FirstCall/ -- First American CoreLogic, a member of The First American Corporation family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced...
CHARLOTTE, N.C., July 1 /PRNewswire/ -- Bank of America Corporation today completed its purchase of Countrywide Financial Corp. to create the nation's leading mortgage originator and servicer. (Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b ) Bank of America will focus on responsible home lending, serving as a reliable source of...
Historic Charleston has survived the American revolution, the Civil War and the earthquake of 1886. By comparison, the mortgage crisis of the past couple of years is a relative blip in time -- and a lot less painful. Home sales have fallen sharply from their highs of 2006...
[ILLUSTRATION OMITTED] ECONOMIC WOES CAUSED BY A WEAKENING JOB MARKET, mortgage crisis, and rising fuel prices may have stopped consumers from buying new clothes, cars, homes, and other goods. But it has not stopped them from buying the hottest video games and hardware. In April, video...
-Strong growth in FHA originations spurs expanding workforce- -Company continues to hire mortgage professionals despite struggling economy- MELVILLE, N.Y., June 30 /PRNewswire/ -- Lend America, one of the nation's largest direct-to-consumer FHA lenders, announced today that in order to accommodate its rapid growth, the Company...
AMERICAN FORK -- For Jack Elwell, losing his home and three acres is a possibility, but it has nothing to do with the mortgage crisis. One option for the Vineyard Connector, which is in the environmental study stages, would run through his property, forcing him to give...
OLD BETHPAGE, N.Y., June 26 /PRNewswire/ -- American Capital Market, a fast-growing mortgage Broker located in Old Bethpage, NY, announces the launch of The American Capital Market Hotline, a FREE 24-hour toll-free mortgage hotline service to provide much needed information to homeowners who are struggling with their mortgage as...
The Hays Daily News, June 17 Rank has its privilege. Whether one agrees with such a premise or not, to deny the concept exists in the American culture is to deny reality. But when the ranking individual is a public servant bound by specific...
Article provides insight into Bankruptcy Court's broadening of repurchase agreement safe harbors to include subordinated notes secured by mortgage loans and limiting the application of Article 9 of the UCC. NEW YORK -- Thacher Proffitt & Wood LLP announced today the publication of "American Home Mortgage Investment Corp....
ConfiCasa Mortgage International, LLC is a U.S.-based company with corporate office locations in Houston and Chicago, sales offices throughout the resort areas of Mexico, and a diverse range of strategic partner relationships throughout North America. ConfiCasa Mortgage International offers the broadest array of mortgage financing products for cross-border Mexico real...
A Plymouth Meeting home-mortgage finance company owned by insurance giant American International Group Inc. will cut 335 jobs by the end of this year as it stops buying loans from brokers and makes fewer loans to consumers. The cuts are the latest step in AIG's retreat from the business of...
New tool allows older property owners in New York, New Jersey and Connecticut, to tap into the value of their properties today, without a loan or mortgage SAN DIEGO, June 18 /PRNewswire/ -- The current credit crunch has many Americans facing difficult financial decisions, and older property...
California Rep. Laura Richardson says that her Sacramento home was sold into foreclosure without her knowledge and contrary to an agreement with her lender. [ILLUSTRATION OMITTED] She says she is like other Americans suffering in the mortgage crisis and wants to testify to Congress about her...
In today's tight economy, almost half of Americans are worried about losing their homes due to inability to pay their mortgage, but 39 percent of those with concerns have done nothing to address them, according to a new Harris Interactive poll conducted for the American Bar Association. ...
CHICAGO AFP — Democrat Barack Obama was roiled by another campaign scandal Wednesday when a key advisor resigned amid damaging reports that he had received preferential home loans. Although Jim Johnson, who has been leading the hunt for a vice presidential candidate, denies any favorable treatment for his...
Articles 2008-06-11
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