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Home Loans Denver Headlines

Job-seekers, employers take sides on value of credit histories - Denver Post


Job-seekers, employers take sides on value of credit histories
Denver Post
By David Migoya Walter Sanchez, sliding between drum cymbals and a counter at his employer, Pacific Jewelry & Loan, says his trashed credit history — the result of a pair of layoffs that cost his family its home — has hindered his job search.

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Mass Refi Plan Would Hurt Morgage Bonds in Pensions - Bloomberg


Bloomberg

Mass Refi Plan Would Hurt Morgage Bonds in Pensions
Bloomberg
That's because like many Americans, Kovari also owns mortgage bonds through her retirement savings, which could lose value if the US government succeeds in getting millions of homeowners to switch out of high-interest loans. Kovari, 57, and her husband ...

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Twin Peaks Mall To Receive Close to $50M Facelift - GlobeSt.com


Twin Peaks Mall To Receive Close to $50M Facelift
GlobeSt.com
It was funded with private capital as well as a loan negotiated by Jay Brooks and Gary Mozer of George Smith Partners. Mozer tells GlobeSt.com that "This is what we call fast financing." He explains that the loan on this asset was arranged from start ...

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BBCN Bancorp Reports Full Financial Results for 2011 Fourth Quarter - Business Wire (press release)


BBCN Bancorp Reports Full Financial Results for 2011 Fourth Quarter
Business Wire (press release)
The lower effective tax rate for fourth quarter 2011 reflects larger affordable housing tax credits in 2011 versus 2010, partially offset by larger non-deductible merger costs incurred in 2011 versus 2010. Gross loans receivable rose by $1.47 billion ...

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TEXT-Fitch cuts Morgan Stanley Capital I Trust 2006-HQ9 - Reuters


TEXT-Fitch cuts Morgan Stanley Capital I Trust 2006-HQ9
Reuters
Feb 6 - Fitch Ratings has downgraded 19 classes of Morgan Stanley Capital I Trust 2006-HQ9 commercial mortgage pass-through certificates, primarily due to an increase in expected losses on specially serviced loans. A detailed listing of rating actions ...
Fitch Affirms Super Senior and Mezzanine Classes of COMM 2006-C7Business Wire (press release)

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UDR Announces Fourth Quarter and Full Year 2011 Results - Business Wire (press release)


UDR Announces Fourth Quarter and Full Year 2011 Results
Business Wire (press release)
DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced its fourth quarter and full year 2011 results. The Company generated Funds from Operations (FFO) of $80.2 million or $0.35 per diluted ...

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M.D.C. Holdings Announces Fourth Quarter 2011 Results - MarketWatch (press release)


M.D.C. Holdings Announces Fourth Quarter 2011 Results
MarketWatch (press release)
DENVER, Feb. 2, 2012 /PRNewswire via COMTEX/ -- Loss before tax of $19.8 million, including charges of $20.2 million for extinguishment of debt and $2.7 million for asset impairments and project abandonment MDC Holdings, ...
MDC Holdings Announces Fourth Quarter 2011 ResultsDaily Markets

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