Tag Archive | "foreclosure"
Westamerica Bancorporation Reports Fourth Quarter 2011 Results
… 202,663 -46.2% Federal Home Loan Bank Advances 41,741 … % 33,031 Nonperforming Purchased Covered Loans (1): Nonperforming Nonaccrual 9,388 … % 39,460 Nonperforming Purchased Non-Covered Loans (2): Nonperforming Nonaccrual 16,170 …
Continue reading...Countrywide, AGs and the BofA turning point
Thursday, January 19, 2012
… at Dec. 31, down from $5.1 billion one year ago and nearly half of the $7.6 billion in troubled home loans at the end of 2008. BofA's provision for repurchase claims shrank to $263 million at the end of the …
Continue reading...U.S. Leads Other Nations in Deleveraging
Thursday, January 19, 2012
… historical precedent. What’s driving the household debt reduction? Two thirds of it is due to defaults on home loans and consumer debt.
Continue reading...Freddie Mac Gives Jobless a Break
Tuesday, January 10, 2012
… up to a full year on Freddie Mac-supported home loans , the lender has announced. The new program doubles … successful long-term homeownership.” Approximately 10 percent of mortgage delinquencies on Freddie Mac home loans are tied to unemployment, according …
Continue reading...Bank Of America Hosting Mortgage Assistance Reviews In Hartford and Bridgeport
Tuesday, January 10, 2012
… are having trouble paying their mortgage loans . The free events are 8 a.m. … will have the opportunity to meet with home loan specialists, who can review … information about avoiding scams, applying for loan modifications, and navigating the foreclosure process …
Continue reading...Foreclosures down in 2011
Friday, December 30, 2011
… that most of the foreclosures were on standard home loans rather than construction … 154 million on the building’s construction loan . At the time of the foreclosure, the debt … is maintenance. Alan Senter, a Ridgway-based home inspector, said that people who …
Continue reading...Romney: Gingrich Has ‘Extraordinary Lack of Understanding of How Economy Works’
Wednesday, December 14, 2011
… interview here Romney took the time to again criticize the hefty payments that Gingrich received from the Federal Home Loan Mortgage Corporation, better known as "Freddie Mac," as a consultant. The Romney …
Continue reading...Meet the new 1%: healthcare CEOs replace bankers as America’s best paid
Wednesday, December 14, 2011
… soon-to-be-bust Lehman Brothers, and Angelo Morzillo, head of Countrywide, once the largest sub-prime home loan firm. With the bankers still recovering from … 52-year-old chairman, chief executive and president took home $145,266,971 in 2010. McKeeson …
Continue reading...Westpac warns of 2012 partial rate cuts
Wednesday, December 14, 2011
… in retail deposits that funded 63 per cent of loans in fiscal 2011, she said. Over the past … RBA governor Glenn Stevens last week said the spread between the cash rate and major home loan rates had risen by around 100 basis points since 2007 because of this …
Continue reading...Woman in Loan Fraud Scheme Granted Bail
Wednesday, December 14, 2011
LAS VEGAS -- One of two accused home loan robo-signers faced a judge for the first time Wednesday. Former loan title officer Gerri Shepperd pleaded not … with paying notaries to forge signatures on home loans to speed up the foreclosure process. The …
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Thursday, January 19, 2012
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