Posts Tagged “Fdic”

webmaster@technorati.com wrote an interesting post today on
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Waterfield Bank, bought by Irvine’s Affinity in 2008, suffered heavy losses on mortgages. An offer by the institution’s co-founders to revive it with their own funds is rejected. Despite support from an honor roll of prominent California banking experts, a savings and loan owned and operated by an Irvine company has been shut down by regulators, who said it was critically undercapitalized.

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webmaster@technorati.com wrote an interesting post today on
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Earthtimes (press release)

Monday Morning Cup of CoffeeHousing WireThe Interactive Mortgage Advisors (IMA) offered a $196m Fannie Mae (FNM: 1.01 0.00%) bulk servicing offering. IMA is a brokerage for mortgage loan servicing …Extreme Measures Needed To Prevent Strategic Defaults Says FDIC Chair NuWire InvestorBair seeks upfront levy on big banks Financial Timesall 76 news articles »

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webmaster@technorati.com wrote an interesting post today on
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LoanSafe

Obama Plan To Modify Second Mortgages Has Yet To Help One HomeownerHuffington Post (blog)Fannie Mae and Freddie Mac won’t support loaning money on any home where the home value is less than 40% above the amount of the loan. …Mortgage Insurance Claims Tapering Off HULIQThe FDIC’s Loan Modification Program Docuticker (blog)“Underwater Mortgage” Fix It Yourself With New Tech Tool Online I-Newswire.com (press release) LoanSafe  - Inside Mortgage Finance  - Red, White, and Blue Press (blog)all 15 news articles »

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webmaster@technorati.com wrote an interesting post today on
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FDIC announces program to help ‘underwater’ borrowersBills.comA new program by the Federal Deposit Insurance Corp. would provide debt relief for homeowners who owe more on their mortgage loan than the …13 Million Mortgage Borrowers Have Incentive To Walk Away NuWire InvestorMortgage fraud targets borrowers nearing foreclosure Bills.comWhen walking away from a mortgage is the safest option Bills.comall 4 news articles »

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News Sources wrote an interesting post today on
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FDIC Auctions Overdue Loans of Silverton, New Frontier, IndyMacBusinessWeekThe FDIC is disposing of real estate, soured mortgages and personal property ranging from tour buses to palm trees that once belonged to failed banks. …and more »

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