Archive for August, 2009

Pay more attention to home-loan timebomb
Irish Independent
One of the country's biggest home mortgage lenders, the group's Permanent TSB division, reported that some 6122 homeowners are in arrears with their

Original post click here

Comments No Comments »

Federal Home Loan Bank of San Francisco Releases July 2009 Cost of
Reuters
Changes in interest rates on adjustable rate mortgage loans offered by many financial institutions are tied to changes in the COFI.

and more »

Original post click here

Comments No Comments »

Homeloans paying dividends
The Sheet
Homeloans manages a mortgage book of $660 million and, like a lot of niche lenders, reported lower levels of new business as demand migrated to the major

Original post click here

Comments No Comments »


ProPublica
Ex-Countrywide Execs' Firm Modifies Bad Loans for Taxpayer Cash
ProPublica
PennyMac, a firm founded by the former president and chief operating officer of Countrywide, buys distressed home loans on the cheap with the goal of

and more »

Original post click here

Comments No Comments »

Photo Release — FHLB Dallas Awards Economic Development Grant to
Reuters
31, 2009 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce it has awarded Z's Cafe a $3000 economic development

and more »

Original post click here

Comments No Comments »

RPI to refinance after dividend let down
Otago Daily Times
and interests associated with the McConnon family, of Dunedin, needs to refinance its cash requirements before October 15, the company said yesterday.

and more »

Original post click here

Comments No Comments »