Posts Tagged ‘mortgage’

Huntington Bancshares: A Regional Lender With Strong Insider Buying Is 20% Undervalued

Bret Jensen submits: Huntington Banchshares ( HBAN ) : Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial and consumer banking services. It offers deposit products, including checking accounts, savings accounts, interest bearing and non-interest bearing demand deposits, time deposits, money market deposits and brokered deposits and negotiable [...]

Empty Stocking Fund assists woman with her mortgage

Jill was diagnosed with pancreatic cancer, and the chemotherapy sapped her energy and left her unable to keep her job. View full post on All Stories

GE Capital selling $2B Mexican mortgage portfolio

In the latest sign of a business stung badly by the real-estate meltdown, GE Capital will sell its $2 billion Mexican consumer-mortgage… View full post on All Stories

Santander Mexico Agrees to Acquire GE Capital’s Mexican Mortgage Business

NORWALK, Conn.–(BUSINESS WIRE)–Sale of $2 billion mortgage business supports GE Capital’s strategy to accelerate growth in core businesses View full post on All Stories

Housing market ‘on back foot’ as mortgage lending hits decade low

Mortgage lending rose at its slowest rate for more than a decade during November as the number of loans approved for house purchase also slumped to a 20-month low, latest figu View full post on All Stories

Indictment related to mortgage fraud

A federal grand jury has indicted an East Tennessee man on charges of conspiring to defraud SunTrust Mortgage Inc. in an alleged $2.4 million scheme that involved “property flips” in Sevier County. View full post on All Stories

RoundPoint Financial Group Acquires $603 Million in Residential Mortgage Loans from FDIC

CHARLOTTE, N.C., Dec. 23, 2010 /PRNewswire/ — RoundPoint Financial Group officially announced today that that it has purchased a 40 percent stake of a $603 million mortgage loan portfolio from the Federal Deposit Insurance Corporation (“FDIC”) in conjunction with RBS Financial Products Inc.   View full post on All Stories

Rush to foreclose by Fannie, Freddie helped feed problems with legal paperwork

As the housing market came crashing down in 2008, the giant mortgage company Fannie Mae took an unprecedented step to help tackle the rising tide of foreclosures. It named an exclusive group of law firms that would help rapidly carry out the unsavory task of filing legal paperwork to remove homeo… View full post on [...]

Enough delays, exclaims judge in alleged mortgage scam case

The only way a former Fayette County attorney accused of stealing about $99,000 in mortgage-settlement claims from two elderly couples can avoid going to trial on Jan. 3 is if he is hospitalized, according to the trial judge. View full post on All Stories

Q4 Forecast Boosted 59%

In October, U.S. home-loan production was projected to come in at $248 billion in the fourth quarter by the Mortgage Bankers Association. But in its December mortgage finance forecast, the trade group raised its fourth-quarter projection to $395 billion. MBA’s full-year 2010 production estimate was raised by $104 billion. View full post on All Stories

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