NewBridge Bancorp has announced that its banking subsidiary, NewBridge Bank, has entered into an agreement to acquire the business operations of Bradford Mortgage Co., a subsidiary of ACM Financial Trust, headquartered in Winston-Salem. The …
Abode Mortgage Holdings Corp. (TSX VENTURE: ABD) (the “Company”) today announces that it has signed a non-binding Letter of Intent with a prospective purchaser for the purchase of its wholly-owned subsidiary, Abode Mortgage Corporation (AMC). AMC …
OMAHA, Neb. — The lowest mortgage delinquency rates in the nation next year should be in Nebraska, South Dakota and North Dakota. Credit reporting agency TransUnion predicts all three of those states will have much lower delinquency rates than the national rate of 6.39 percent
On the effective date of Jan. 25, 2010, Fitch Ratings will confirm the ‘AAA/F1+’ rating assigned to the Indiana Housing and Community Development Authority single family mortgage revenue bonds 2006 series A-2 and 2008 series A-2 (the bonds). The …
Three real estate investors, two mortgage brokers and a former attorney were indicted in an alleged mortgage fraud scheme involving $12.5 million in loans and at least 26 distressed properties in the Boston area, the state attorney general’s office …
BOSTON — Three real estate investors, two mortgage brokers and a disbarred attorney have been indicted for allegedly participating in a complex scheme to defraud homeowners and mortgage lenders in the Boston area, authorities announced Tuesday. The …
Lincoln Fire and Rescue Chief Niles Ford and his wife, Carrie, have denied allegations in a lawsuit involving a mortgage firm and have asked the case be dismissed. American Home Mortgage Servicing Inc. sued the couple in October, alleging they owe …
Mortgage rates have inched upward in the last weeks of 2009, and that trend will continue through 2010. The question is how high they will go. “If you told me by the end of 2010 a 30-year rate was at 6 percent, that sounds about right,” says Mark …
A mortgage servicing company says it will expand its North Carolina operation by adding about 1,000 call center and loan servicing jobs. The company and Gov. Beverly Perdue announced Tuesday that Zenta Mortgage Services will expand its Charlotte …
Washington state 30-year fixed mortgage rates rose to an average of 4.78 percent last week, up from 4.73 percent a week earlier. According to Seattle-based real estate site Zillow.com Inc. , mortgage rates rose nationally for the third straight week …
