Vestin Realty Mortgage II, Inc. VRTB reported a net loss for the third quarter ended September 30, 2009 of approximately $17.4 million, or ($1.27) per share, on revenues of approximately $1.3 million, compared with a net loss of approximately $40.1 …
NEW YORK (MarketWatch) — Some bond investors are expecting mortgage rates to rise as the Federal Reserve finishes its planned purchases of nearly $1.5 trillion in mortgage-related bonds, yet another risk to the fragile U.S. recovery. The central …
TAMPA, Fla. — A federal prosecutor says a crackdown on organized mortgage fraud this year has yielded 105 arrests from Jacksonville to Fort Myers. A. Brian Albritton, the U.S. attorney for Florida’s middle district, announced the results of the nine …
The Company noted that the losses for the three and nine months ended September 30, 2009, were in significant part due to the level of non-performing loans and increase in properties acquired through foreclosure. As of September 30, 2009, the Company …
SAN JUAN, Puerto Rico (AP) — A developer and nine other people, including a former salsa singer, have been charged in an alleged $14 million mortgage fraud in Puerto Rico, federal officials said Tuesday. The suspects are accused of a scheme in which …
We know it’s an unusual hobby, but we can’t help ourselves — it always brightens our day when another forecast from Canada Mortgage and Housing Corp. drops into our mailbox. What do we find so beguiling? Must be the gentle mix of fact and whimsy. No …
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc ( BRKa.N ) has joined Goldman Sachs Group Inc ( GS.N ) in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street Journal’s website reported, citing people …
These deals, which follow a lender’s own standard variable rate (SVR), give banks and building societies more control over lending. With a tracker loan, the rate moves up and down with the Bank of England base rate . As this fell to an all-time low …
LAS VEGAS – (Business Wire) Vestin Realty Mortgage I, Inc. (Nasdaq:VRTA) reported a net loss for the third quarter ended September 30, 2009 of approximately $4.7 million, or ($0.71) per share, on revenues of approximately $0.3 million, compared with …
NEW YORK (MarketWatch) — Some bond investors are expecting mortgage rates to rise as the Federal Reserve finishes its planned purchases of nearly $1.5 trillion in mortgage-related bonds, yet another risk to the fragile U.S. recovery. The central …
