...marketplace for loans. The company consists of more than 6,000 registered and approved investors and more than 300 selling institutions, including commercial banks, insurance companies, investment banks, and government-sponsored enterprises....
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Commercial and Multifamily Mortgage Performance Falls in Third Quarter: MBA
...delinquency rates at the end of the third quarter for commercial banks and thrifts, commercial mortgage backed securities (CMBS), life insurance companies, Fannie Mae, and Freddie Mac were reported. [COLUMN_BREAK]...
Read More »Regulators Close Amtrust Bank and Five Others, Pushing Failed Tally to 130
...to cost the FDIC's already-depleted insurance fund a combined $2.4 billion. As ""DSNews.com previously reported,"":http://dsnews.comarticles/fdic-fund-slides-into-red-as-banks-pull-back-lending-2009-11-25 the agency's reserve used to protect consumers' deposits has slipped into the red â€" $8.2...
Read More »New-Issue CMBS to be Rated by Realpoint
...national association of insurance commissioners in September of this year. ""We are extremely pleased by this recent development,"" said Robert Dobilas, Realpoint's CEO. ""This development will allow us to finally...
Read More »Weltman, Weinberg & Reis Welcomes Cooperstein to Default Group
...real estate default services to creditors throughout the nation, including major banks and financial institutions, mortgage lenders and servicers, commercial creditors, government entities, insurance companies, credit unions, and service organizations....
Read More »Minnesota Collection Agencies and Title Insurer Charged with Identity Theft
After a recent investigation by the Minnesota Department of Commerce, two collection agencies and a title insurance company are facing major consequences for alleged identity theft. [IMAGE] New Prague, Minnesota-based...
Read More »FHA Lays Out Plan to Replenish Depleted Funds
...increase mortgage insurance premiums and down payment requirements, and raise credit score limits. Just how much each of these criteria would increase has not been determined yet but Donovan says...
Read More »Lend America Ceases Operations
...FHA-insured mortgages, is ban from participating in the FHA single family insurance program, and is forbidden to issue Ginnie Mae securities. Additionally, the U.S. Attorney's Office for the Eastern District...
Read More »Hudson & Marshall to Auction Over 80 Foreclosed Homes
...West Virginia between Wednesday and Saturday of this week. [IMAGE] Homes are valued between $24,000 and $570,000 and come with title insurance paid for by the sellers. Lower priced homes...
Read More »Default Rate for Bank-Held Commercial Mortgages Increases: Real Estate Econometrics
...FederalDeposit Insurance Corporation (FDIC). This 52 basis point rise in the default rate was the largest one-quarter increase since quarterly data became available in 2003. The total balance of defaulted...
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