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Jumbo Mortgage Loan - News Articles

Banks go short on lending to slice risk
Wednesday, August 06, 2008
Financial News, UK -
This is an increase on last year, when 59% of the top 10 jumbo loans had short term maturities. Some $7bn, for example, of the $45bn loan backing Belgian ...
EuroWeek
Tuesday, August 05, 2008
Euroweek.com, UK -
There are still some huge jumbo loans to be syndicated this year and market conditions are getting tougher. The last thing the loan market needs is for ...
Los Angeles Business Journal Online - business news and information for Los Angeles California
Tuesday, August 05, 2008
Los Angeles Business Journal (subscription), CA -
Anworth in March closed its Belvedere Trust Mortgage Corp. subsidiary, which had financed and invested in “jumbo'' mortgages popular in high cost markets like California, where homeowners generally need more than a conventional $417,000 mortgage. ...
Repossessions soar by 40 per cent - Telegraph
Tuesday, August 05, 2008
Telegraph.co.uk, United Kingdom -
By Myra Butterworth, Personal Finance Correspondent The number of families at risk of losing their home has soared by more than 40 per cent, figures have suggested. Northern Rock hits taxpayer for £3bn as losses mount ...
FSA urges leniency as house repossessions climb 41% - Scotsman.com Business
Tuesday, August 05, 2008
Scotsman, United Kingdom -
By Jeff Salway HOUSE repossessions soared by 41 per cent in the first three months of this year as more borrowers struggled to make their mortgage ...
Repossession has to be the last resort, FSA warns lenders | Money | The Guardian
Tuesday, August 05, 2008
guardian.co.uk, UK -
Mortgage lenders could face heavy fines or be barred from particular markets as part of a regulatory crackdown on firms that put excessive pressure on home owners falling behind on loan repayments. The Financial Services Authority issued its warning, targeted particularly at high-risk and ...
Beat the Press Archive | The American Prospect
Monday, August 04, 2008
Tapped, DC -
In addition, the median house price in large parts of the country (eg California, New England) would have required jumbo mortgages and therefore also not been included in the OFHEO index. Any index that excludes such a large share of recent purchases is missing ...
A closer, local look at national mortgage bill | TheNewsTribune.com | Tacoma, WA
Jul 29, 2008
TheNewsTribune.com, WA -
The idea behind raising the limits was to move loans in the $500000-range from the pricier jumbo loan category in areas where the home prices had moved beyond the previous limits. But rather than being lumped in with the conforming loans and their interest rates, which ...
CQUTF,CMPGY,HRVE,HRVEE,NFI,PVTB,USBK BUYINS.NET: PVTB, USBK, HRVE, CMPGY, CQUTF, NOVSP Have Also Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days
Monday, August 04, 2008
Trading Markets (press release), CA -
NovaStar Financial, Inc. (OTC: NOVSP) together with its subsidiaries, operates as a non-conforming residential mortgage portfolio manager. It invests in a portfolio of mortgage securities, which includes interest-only, prepayment penalty, and overcollateralization securities retained from its ...
Investor Relations Earnings Release - MarketWatch
Jul 31, 2008
MarketWatch -
Second Quarter 2008 Earnings -- GAAP (generally accepted accounting principles) earnings were $106 million, or $0.24 per diluted share, compared with $69 million, or $0.16 per diluted share, in 2007. ...
Fox Chase Bancorp Announces Earnings for 2008 Second Quarter - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) , the holding company for Fox Chase Bank (the "Bank"), today announced net income of $304000 and $649000 for the three and six months ended June 30, 2008, the Company repurchased 97,700 and 128,900 shares of common stock, respectively, in conjunction with its stock repurchase program ...
Oneida Financial Corp. Reports 2008 Second Quarter Operating Results (unaudited) - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) , the parent company of The Oneida Savings Bank, has announced second quarter operating results. Net income for the three months ending June 30, 2008, compared with $61.3 million in average borrowings outstanding during the second quarter of 2007. Interest expense on ...
Salisbury Bancorp, Inc. Announces Second Quarter Earnings - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) the holding company for Salisbury Bank and Trust Company announced today that net income for the second quarter of 2008 totaled $983552 which ...
NewDominion Reports Second Quarter Earnings - MarketWatch
Jul 31, 2008
MarketWatch -
CHARLOTTE, NC, Jul 31, 2008 (BUSINESS WIRE) -- NewDominion Bank today reported net income of $120917 for the second quarter of 2008, down from $942238 in ...
CFS Bancorp, Inc. Announces Financial Results for the Second Quarter 2008 - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) (the Company), the parent of Citizens Financial Bank (the Bank), today reported a net loss of $2.3 million for the second quarter of 2008, the Company had total loan fundings of $50.0 million which were offset by $88.1 million of loan repayments and ...
FedFirst Financial Corporation Announces Second Quarter 2008 Results - MarketWatch
Jul 31, 2008
MarketWatch -
MONESSEN, Pa., Jul 31, 2008 (BUSINESS WIRE) -- FedFirst Financial Corporation (NASDAQ Capital:FFCO; the "Company"), the parent company of First Federal Savings Bank, today announced net income of $65,000 for the three months ended June 30, 2008 compared to a ...
Beacon Federal Bancorp, Inc. Announces Earnings for the 2nd Quarter of 2008 - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) announced today net income for the quarter ended June 30, 2008 of $833000, compared to net income of $691000 for the quarter ended June 30, 2007. The effective tax rate was higher due primarily to the nondeductible impairment writedown on securities. ...
Abington Bancorp, Inc. Announces Increase in Net Income for the Second Quarter of 2008 and Share Repurchase Plan
Jul 31, 2008
CNNMoney.com -
Abington Bancorp, Inc. (the "Company") (NASDAQ: ABBC), the parent holding company for Abington Bank (the "Bank"), reported net income of $1.7 million for the quarter ended June 30, 2008, representing an increase of $338,000 or 24.0% over the comparable 2007 period. Basic ...
Nexity Financial Second Quarter Results - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) today reported a second quarter net loss of $2.75 million, or ($0.35) per diluted share compared with net income of $1.14 million, or $0.13 per diluted share for the same period in 2007 and $679,470, or $0.08 per diluted share for ...
Community Financial Shares, Inc. Announces Second Quarter 2008 Operating Results - MarketWatch
Jul 31, 2008
MarketWatch -
, , ) (the "Company"), the holding company for Community Bank-Wheaton/Glen Ellyn (the "Bank"), reported net loss (unaudited) for the three and six months ended June 30, 2008 compared to the prior year period. The increase in the provision was the result of ...
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