Mortgage Financing

Prudential Mortgage Capital Company posts strong originations 2011 - MarketWatch (press release)

Prudential Mortgage Capital Company posts strong originations 2011 MarketWatch (press release) Prudential Mortgage Capital, which is the commercial mortgage lending business of Prudential Financial Inc. /quotes/zigman/294774/quotes/nls/pru PRU +0.52% , also said it is looking to provide up to $11.6 billion in financing for 2012. and more »

Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars - Bloomberg

Bloomberg

Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars Bloomberg Lenders resisted extending credit to car buyers when the mortgage market collapsed in 2008, helping push General Motors Corp. and Chrysler LLC into bankruptcy and sending US sales to the lowest point in almost three decades. Amid a slow housing market, ... and more »

Ex-Bergen County financing agency chairman gets 2 years in fraud case - NorthJersey.com

NorthJersey.com

Ex-Bergen County financing agency chairman gets 2 years in fraud case NorthJersey.com BY PETER J. SAMPSON Ronald J. O'Malley, the former chairman of Bergen County's public financing agency, was sentenced Tuesday to two years in prison by a federal judge who found he abused his public office to boost his private mortgage business. and more »

Commerzbank to wind down Eurohypo unit - sources - Reuters

Commerzbank to wind down Eurohypo unit - sources Reuters * Commercial real estate loans to be cut to 25-30 bln euros * Mortgage activities to be limited to 4-5 core markets * Bank in discussions with Brussels on restructuring plan * Plan may fall apart if EU demands tough concessions (Adds details, ... and more »

Far From Wall Street, Banks Are Being Punished For Misdeeds - Huffington Post

Far From Wall Street, Banks Are Being Punished For Misdeeds Huffington Post Williams' goal was to make the bank's subprime loans look good by financing the sale of promissory notes secured by mortgages held by Orion. Two of his former vice presidents are already behind bars and were ordered by a federal judge to pay $33 ... and more »

SP Bancorp, Inc. Announces Financial Results for the Fourth Quarter of 2011 - MarketWatch (press release)

SP Bancorp, Inc. Announces Financial Results for the Fourth Quarter of 2011 MarketWatch (press release) The decrease was due primarily to lower service charges and decreases in gains from the sale of securities and mortgage loans, partially offset by increases in cash surrender value of bank-owned life insurance ("BOLI") and other noninterest income. Carrollton Bancorp Reports Fourth Quarter and Full Year Net IncomeEON: Enhanced Online News (press release) all 41 news articles »

More money down may mean headache - Canadian Real Estate Magazine

More money down may mean headache Canadian Real Estate Magazine SAVE 20%... http://t.co/i9RKosY1 1 days ago The search for conventional mortgage financing just got tougher -- and may get tougher still -- with several Canadian lenders moving to cut their rental programs because of tighter access to bulk insurance. and more »