Real Estate and Mortgage Info
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Bank of America’s NY headquarters mortgage in CMBS

June 21, 2010 by admin · Leave a Comment 

A $650 million mortgage on Bank of America Corp’s New York headquarters is being marketed in a commercial mortgage-backed security by the bank and JPMorgan Chase, according to investors familiar with the transaction.

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Bank of America’s NY headquarters mortgage in CMBS

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Bank of America’s mortgage firm slapped with fine

June 7, 2010 by publisher · Leave a Comment 

A top mortgage company bought by Bank of America was ordered Monday to pay a 108-million-dollar penalty to settle claims it charged excessive fees to stricken homebuyers, US authorities said.

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Bank of America’s mortgage firm slapped with fine

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High-Yielding Mortgage Stocks Move Higher on Analyst Commentary

June 7, 2010 by publisher · Leave a Comment 

The Mortgage Investment Stocks Index is moving up by 0.7%.

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High-Yielding Mortgage Stocks Move Higher on Analyst Commentary

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Guggenheim Ousts Bank of America as Mortgage Funds Take Control

June 3, 2010 by publisher · Leave a Comment 

June 3 (Bloomberg) — Guggenheim Structured Real Estate replaced Bank of America Corp. as the servicer on debt tied to hotel company MeriStar Hospitality Corp. as investors seek to gain control of loan restructurings amid surging defaults.

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Guggenheim Ousts Bank of America as Mortgage Funds Take Control

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BofA reaches out to 10,000 mortgage borrowers

June 2, 2010 by publisher · Leave a Comment 

Bank of America Corp. said Wednesday it has contacted 10,000 of its most troubled mortgage borrowers about its new loan forgiveness program.

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BofA reaches out to 10,000 mortgage borrowers

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Mortgage activity flat in week

June 2, 2010 by admin · Leave a Comment 

WASHINGTON, June 2 (UPI) — The volume of applications for U.S. mortgages was nearly flat in the week ending May 28 with interest rates mixed, an industry group said Wednesday.

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Mortgage activity flat in week

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One man’s easy solution to our mortgage mess

May 2, 2010 by publisher · Leave a Comment 

Terry Savage: The mortgage problem is overwhelming the economic recovery. Foreclosures destroy the market for new homes and the jobs that home building creates

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One man’s easy solution to our mortgage mess

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Mortgage ‘rescuer’ preyed on immigrants, clients allege

May 2, 2010 by publisher · 1 Comment 

Immigrants sue and say they were misled into surrendering deeds to their homes The accusations that have piled up against Eliseo Carrillo run counter to the image the Chicago entrepreneur cultivated as a champion of Latino immigrants.

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Mortgage ‘rescuer’ preyed on immigrants, clients allege

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Goldman Hid Mortgage Moves From SEC For Months

May 1, 2010 by admin · Leave a Comment 

What’s Your Reaction? In December 2006, Goldman Sachs embarked on a frantic effort to shed billions of dollars in risky mortgage securities and purchase exotic insurance to protect itself against what it had concluded could be the collapse of America’s housing market.

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Goldman Hid Mortgage Moves From SEC For Months

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Goldman didn’t tell SEC about mortgage moves for months

April 30, 2010 by admin · Leave a Comment 

WASHINGTON — In December 2006, Goldman Sachs embarked on a frantic effort to shed billions of dollars in risky mortgage securities and purchase exotic insurance to protect itself against what it had concluded could be the collapse of America’s housing market.

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Goldman didn’t tell SEC about mortgage moves for months

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