WALNUT CREEK, Calif., Dec. 6 /PRNewswire-FirstCall/ -- The PMI Group, Inc. (NYSE: PMI) announced support for the U.S. Department of the Treasury's new plan to bring together mortgage industry participants, government agencies, and non-profit organizations to reduce preventable foreclosures.
All of your questions concerning what to do with those mysterious Private Mortgages will be answered at this Work Shop. Buying and selling private mortgage notes will also be featured in this workshop.
SAN FRANCISCO, Nov. 27 /PRNewswire-FirstCall/ -- AMB Property Corporation(R) (NYSE: AMB), a leading developer and owner of industrial real estate, today announced that Thomas S. Olinger, the company's chief financial officer, is scheduled to make an appearance at the UBS 2007 Global Real Estate Conference being held at the Renaissance Chancery Court Hotel in London.
Countrywide's Credit Card Rewards Feature Enables Cardmembers to Pay Down Their Mortgages Faster; Rewards Fully Transferable to Friend, Family Member's Countrywide Mortgage - Survey: 71 percent of cardmembers opting to redeem points to pay down their mortgage
Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center for Responsible Lending; Rep. Baca Urged to Support Pending Bills to Eliminate Unfairness in Mortgage Foreclosure Process
OAKLAND, Calif., Nov. 20 /PRNewswire-USNewswire/ -- Gov. Arnold Schwarzenegger and California mortgage lenders Countrywide, GMAC, Litton and HomeEq announced today that they plan to follow the direction of FDIC Chairman Sheila Bair and institute systematic loan modifications for borrowers with resetting ARMs.
SAN DIEGO, Nov. 19 /PRNewswire-FirstCall/ -- Three of Fidelity National Title Group's (FNTG's) underwriters are cutting their title insurance rates in half for homeowners whose residences have been partially or completely destroyed by the recent wildfires in California, the Company announced today. Title insurance discounts are available from Chicago Title, Fidelity National Title and Ticor Title.
COSTA MESA, Calif., Nov. 15 /PRNewswire/ -- PriceMyLoan (PML) today announced that Spectra Funding has implemented their automated underwriting and loan pricing technology. Spectra Funding was convinced of PriceMyLoan's capabilities in large part because of the private testing suite that was offered to them during the vendor due diligence process.
The weight of defaults on real estate loans has forced the Bay Area-based Cal State 9 Credit Union into federal conservatorship.
GMAC ResCap will offer mortgage relief counseling, and other assistance to about 330,000 GMAC Mortgage and Homecomings Financial customers that may be affected by the Southern California wildfires within the areas that have been declared federal disaster areas.
With Homes Valued from $100,000 to nearly $700,000, Buyers Will Likely Find Pick of Deals at Auction Scheduled November 6-11
MINNEAPOLIS, Oct. 25 /PRNewswire/ -- GMAC ResCap will offer mortgage relief counseling, and other assistance to about 330,000 GMAC Mortgage and Homecomings Financial customers that may be affected by the Southern California wildfires within the areas that have been declared federal disaster areas
CALABASAS, Calif., Oct. 23 /PRNewswire/ -- Countrywide Financial Corporation (NYSE: CFC) today announced a comprehensive home preservation program to reach out to borrowers at-risk of default.
LOS ANGELES, Oct. 22 /PRNewswire/ -- Among the top 10 metro areas with the largest number of foreclosure filings are six California cities. Merced topped the list followed by Modesto, Stockton, Riverside-San Bernardino, Vallejo-Fairfield, and Sacramento.
SAN FRANCISCO, Oct. 18 /PRNewswire-FirstCall/ -- First American LoanPerformance, a member of The First American Corporation (NYSE: FAF) family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced the release of its August 2007 LoanPerformance Home Price Index (HPI)
SAN FRANCISCO, Oct. 10 /PRNewswire-USNewswire/ -- California's largest lenders are not helping borrowers, who struggle to make their mortgage payments, avoid foreclosure. The California Reinvestment Coalition (CRC) surveyed 33 of the state's more than 80 mortgage counseling agencies that offer assistance to financially strained borrowers, and found that most borrowers are pushed to foreclosure or short sale, leaving them without the homes they worked so hard to own.
Ever since the real estate market boiled over, melting down the mortgage industry and its cheap-money feeding frenzy, I've been waiting for one happy outcome: an end to the roar of mortgage brokers at my various doors.
SANTA ANA, Calif., Oct. 10 /PRNewswire-FirstCall/ -- RealEC Technologies Inc., the leading provider of collaborative network solutions to the mortgage industry, today announced it has entered into an agreement with Countrywide Home Loans, Inc., a division of Countrywide Financial Corporation, allowing Countrywide to use RealEC's Web-based closing platform for mortgage refinance and home equity lending transactions.
WALNUT CREEK, Calif., Oct. 4 /PRNewswire-FirstCall/ -- The PMI Group, Inc. (NYSE: PMI) applauds Thursday's overwhelming vote in the House of Representatives to pass H.R. 3648, which, among other things, extends the tax provision enabling low- to moderate-income homebuyers to deduct the cost of mortgage insurance premiums from their federal income tax returns until 2014. Similar legislation, S. 1416, was introduced in the Senate in July.
LOS ANGELES, Oct. 2 /PRNewswire/ -- Dalton Investments, LLC, a SEC- registered investment management firm serving institutional and private clients, today announced that it is offering a new distressed-mortgage strategy that will buy defaulted loans from mortgage servicing companies at significant discounts and restructure them, providing affordable monthly payments for homeowners and a residential mortgage- and real estate-backed investment vehicle for Dalton's investors.