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Mortgage Lending News Click to continue . . .
• Mortgage Applications Decrease In Latest MBA Weekly Survey
Mortgage Bankers Association,Carolyn Kemp,Washington Dc 04/29/2009
• Kleber & Associates' New White Paper Finds Millennials as Lucrative New Buying Group for the Home and Remodeling Marketplace
Federal Incentives, Affordable Prices and Aspiring Generation Combine to Provide Market Hope
Kleber & Associates,,Atlanta Ga 04/28/2009
• GEO Reaffirms its Leadership in the Lower-Income Housing Segments
Corporacion GEO S.A.B de C.V. (BMV: GEOB; CORPGEO MX, ADR Level I CUSIP: 21986V204; Latibex: XGEO; OTC: CVGFY) GEO, Mexico's leading low-income housing developer, today announced 1Q09 results. Year-on-year revenues and EBITDA increased 9.3% and 7.7% respectively.
Corporacion GEO S.A.B de C.V.,Hans Schroeder,Mexico City Mexico 04/28/2009
• Radian CEO to Present at the Barclays Capital Financial Services Conference
Radian Group Inc. (NYSE: RDN) announced today that S.A. Ibrahim, chief executive officer, will be presenting at the Barclays Capital Financial Services Conference, which is being held at Barclays Headquarters in London on Wednesday, May 6, 2009 at 10:30 a.m. Eastern time. The presentation will be webcast live and can be accessed by visiting http://cc.talkpoint.com/barc002/050609a_rb/?entity=4_E23EBQE.
Radian Group Inc.,Terri Williams-Perry,Philadelphia Pa 04/28/2009
• Five Charged in $70 Million 'Dream Home' Mortgage Fraud Scheme
A federal grand jury has indicted four defendants, and an information has been filed against a fifth defendant, for their participation in a massive mortgage fraud scheme that allegedly promised to pay off homeowners' mortgages on their "Dream Homes," but left them to fend for themselves, Assistant Attorney General of the Criminal Division Lanny A. Breuer and U.S. Attorney for the District of Maryland Rod J. Rosenstein announced today.
U.S. Department of Justice,Public Affairs,Washington Dc 04/28/2009
• Syncora Guarantee Inc. Suspends All Claims Payments Pursuant to NYID Order
Pursuant to the New York State Insurance Department's (the "NYID") order under Section 1310 of the New York Insurance Law, from and after April 26, 2009, Syncora Guarantee Inc. ("Syncora Guarantee") has suspended payment of all claims and is operating only in the ordinary course and as necessary to complete a successful comprehensive restructuring. The Board of Directors of Syncora Guarantee will continue to monitor the situation on a daily basis and, in the absence of a successful restructuring, may, in the exercise of its fiduciary duties, request the NYID to seek court appointment of a rehabilitator or liquidator of Syncora Guarantee.
Syncora Guarantee Inc,Michael Gormley,New York Ny 04/28/2009
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