Archive for February, 2012

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Feb 29 2012

Danish Bonds’ Crisis Resilience Spawns Funding Risks: Mortgages – Bloomberg

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Danish Bonds' Crisis Resilience Spawns Funding Risks: Mortgages
Bloomberg
Even as securities with maturities under five years now back 68 percent of all outstanding home loans, investors are shrugging off concerns, with an index of Denmark's most-traded mortgage bonds reaching a record last month. “Though the Danish covered …

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Feb 29 2012

Noranda Announces Completion Of Senior Secured Credit Facility Refinancing … – TheStreet.com (press release)

Posted by admin in Finance news
Noranda Announces Completion Of Senior Secured Credit Facility Refinancing …
TheStreet.com (press release)
By Business Wire 02/29/12 – 05:28 PM EST Noranda Aluminum Holding Corporation (NYSE: NOR) (and together with its subsidiaries, “Noranda,” or the “Company”) announced today that it has completed a refinancing of its senior secured credit facility, …

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Feb 29 2012

Mortgage insurance premiums are on their way up – AGBeat

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Live Insurance News
Mortgage insurance premiums are on their way up
AGBeat
The Federal Housing Administration (FHA) announced today they will be increasing mortgage insurance premiums borrowers pay up front by 75 basis points to 1.75 percent of the base loan amount, a move delayed from January 2009 after “continuing strains …
FHA to Increase Cost of Up-Front Mortgage Insurance PremiumsBusinessWeek
US housing secretary says FHA faces big risksReuters
FHA Mortgages Costs Increasing for First-Time HomebuyersHULIQ
LoanSafe -New York Times
all 127 news articles »

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Feb 29 2012

Home Loan Servicing Closes Down 3% Post-IPO – Wall Street Journal

Posted by admin in Finance news
Home Loan Servicing Closes Down 3% Post-IPO
Wall Street Journal
By Lynn Cowan Of DOW JONES NEWSWIRES Shares of Home Loan Servicing Solutions Ltd. (HLSS), a company created by an Ocwen Financial Corp. (OCN) executive to buy up certain mortgage-related rights and liabilities from Ocwen, declined 3.1% on their first …
Home Loan Servicing shares fall on market debutReuters
Home Loan Servicing opens down 5% post-IPOMarketWatch
Home Loan Servicing Solutions Announces Pricing of Initial Public OfferingGlobeNewsWire (press release)
Seeking Alpha -StreetInsider.com (subscription)
all 21 news articles »

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Feb 29 2012

Home Loan Servicing Closes Down 3% Post-IPO – 4-traders

Posted by admin in Finance news
Home Loan Servicing Closes Down 3% Post-IPO
4-traders
By Lynn Cowan Of Shares of Home Loan Servicing Solutions Ltd. (HLSS), a company created by an Ocwen Financial Corp. (>> Ocwen Financial Corporation) executive to buy up certain mortgage-related rights and liabilities from Ocwen, declined 3.1% on their …

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Feb 29 2012

Noranda Announces Completion of Senior Secured Credit Facility Refinancing … – MarketWatch (press release)

Posted by admin in Finance news
Noranda Announces Completion of Senior Secured Credit Facility Refinancing …
MarketWatch (press release)
Noranda Aluminum Holding Corporation (NYSE:NOR) (and together with its subsidiaries, "Noranda," or the "Company") announced today that it has completed a refinancing of its senior secured credit facility, including both its term loan facility and …

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