Prudential Insurance Company of America

News & Analysis

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• Fitch Upgrades 3 Classes of Prudential, Series 1999-NRF1

  - 2008-08-19

  NEW YORK -- Fitch Ratings upgrades Prudential Securities Secured Financing Corp.'s Prudential commercial mortgage pass-through certificates, series 1999-NRF1, as follows: -- $25.5 million class G to 'AA-' from 'A+'; -- $9.3 million class H to 'A' from 'A-'; -- $9.3 million class J to 'BBB+' from 'BBB'....

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• Residential real estate agencies: ranked by 2007 local sales volume

  - 2008-08-11

  RESIDENTIAL REAL ESTATE AGENCIES Ranked by 2007 local sales volume ...

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• Prudential Bancorp, Inc. of Pennsylvania Announces Redemption of Mutual Fund Investment and Further Impairment

  - 2008-06-20

  PHILADELPHIA -- Prudential Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:PBIP) announced today that Prudential Savings Bank, the wholly owned subsidiary of Prudential Bancorp, redeemed as of June 16, 2008 its investment in the AMF Ultra-Short Mortgage Fund because of the continuing decline in the net asset value ("NAV") of the...

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• March pending sales down 20% over year ago

  - 2008-05-08

  The National Association of Realtors' national pending-sale index, based on agreements of sale signed for existing homes during a month, fell 20.1 percent in March from the same month in 2007. The February-to-March decline was just 1.0 percent, the NAR said yesterday. The Philadelphia region saw a 20.2 percent decline...

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• Greg Rand, Managing Partner of Prudential Rand Realty Available for Interviews on FHA Raising Fanny and Freddie Loan Limits

  - 2008-03-06

  NEW YORK -- Greg Rand, managing partner of Prudential Rand Realty in Westchester, NY, is available for print and broadcast media interview opportunities and can comment on the Federal Housing Administration FHA raising the limits for mortgage loans by Fannie Mae and Freddie Mac to $729,750. Greg believes today's announcement...

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• Prudential Mortgage Capital exceeds origination record in 2007

  - 2008-03-01

  Surpassing its 2006 level of $11 billion, Newark, New Jersey-based Prudential Mortgage Capital Co.--the commercial mortgage lending business of Prudential Financial Inc., also based in Newark--announced that the company exceeded its 2006 record by originating $14.5 billion in loans. Prudential Mortgage Capital sustained significant growth, increasing across its capital...

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• Prudential Mortgage Capital Looking to Expand Market Presence Across All Capital Sources in 2008

  - 2008-01-30

  Company exceeds 2006 record by originating $14.5 billion in loans NEWARK, N.J. -- Surpassing its 2006 level of $11 billion, Prudential Mortgage Capital Company announced today that for 2007 it originated $14.5 billion in commercial mortgages. Prudential Mortgage Capital is the commercial mortgage lending business of Prudential Financial, Inc....

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• Tax Strategies: Tax Treatment Of Interest Expense

  BNET - 2008-01-01

  Interest expense incurred other than in the conduct of a business by individual investors can be classified into four major categories: investment, home mortgage, education loan, and consumer. Whether an interest payment is deductible or not will depend upon its classification. Generally, deductible interest expense can only be taken as...

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• News In Brief.

  - 2007-11-01

  Sipp and SSAS provider Taylor Patterson has criticised the Treasury's pre- Budget report for not offering scheme pensions the tax benefits afforded to alternatively secured pensions. Prudential is to launch the Prudential Lifetime mortgage, which brings a new lump sum plan with its existing...

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• Adelaide Bank tries the power of four in shake-up.

  - 2007-06-13

  Byline: Sally Patten Jun 13, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Adelaide Bank has been reorganised into four business units. These are retail banking, business lending, wholesale mortgages and wealth management. The retail banking unit will need approval from the...

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