Melville, New York-based ""American Home Mortgage Investment Corp."":https://www.americanhm.com/index.aspx, believes recent events in the market have caused some confusion about what types of loans the mortgage real estate investment trust holds...
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Fremont to Exit Subprime Business, Places Subprime Employees On Paid Leave
...originate commercial real estate loans. ""Thanks in part to its very substantial equity and its $8 billion retail deposit franchise, Fremont Investment & Loan has significant balance sheet strength and...
Read More »ForeclosureS.com Says Foreclosures are Dropping Nationwide
Sacramento, California-based ""ForeclosureS.com"":http://www.foreclosures.com released a report Monday saying the real estate market is finally showing signs of stabilization with foreclosure filings nationwide dropping from 109,851 in January to 106,074 in...
Read More »First American Corp. Announces 2006 Earnings
...marked by a number of challenges for our company, including a general decline in real estate activity, home price depreciation and increased industry regulation,"" said Parker Kennedy, chairman and chief...
Read More »RealtyTrac Offers 3-D Property Views
...offer 3-D views of real-estate owned properties online. RealtyTrac said the latest addition allows users ""to see where all properties within the map area are located, mouse over the property...
Read More »LandAmerica Reports Annual Losses for 2006
""LandAmerica Financial Group Inc."":http://www.landam.com/Home.htm, a provider of real estate transaction services, reported net income losses for 2006 earlier this week. The company said an overall slowing down in the real...
Read More »FIS Launches Three Initiatives at MBA Expo
...from loan acquisition and boarding through loss mitigation and real estate-owned property disposition. The company in a press release said, ""For the first time, there is an enterprise workflow, imaging,...
Read More »Freddie Mac Announces Tier One Platinum, Gold Servicers for 2006
...thousands of borrowers avoid foreclosure while achieving terrific levels of efficiency,"" she added. %{=text-decoration: underline;}2006 Tier One Platinum Recipients % Arvest Mortgage Co. Bank of America Consumer Real Estate Bank...
Read More »RealtyTrac Partnership to Sell Bank-Owned Properties Online
Irvine, California-based ""RealtyTrac"":http://www.realtytrac.com, a leading online marketplace for foreclosure properties and data, has partnered with real estate %auctioneer% ""Williams & Williams"":http://cms.williamsauction.com/ to host a national database of bank-owned properties online....
Read More »American Mortgage Acceptance Revises 2006 Earnings
...million in principal and the reversal of $908,000 in accrued interest relating to three non-performing mezzanine loans in the company's portfolio."" AMAC, which is a real estate investment company that...
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