Business Highlights

Posted on Mar 4, 2015 in FHA Information

Not to be Outdone; Fannie Profits Bring Dividend Total to 6.4 Billion
Fannie Mae said that 62 percent of its single-family portfolio consists of loans made since 2009 with another 11 percent made up of loans through the Home Affordable Refinance Program (HARP.) Only 19 percent of loans were originated prior to 2009.
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Cabo Drilling Announces Second Quarter Results
"Cabo Drilling generated revenues of $ 3.78 million during the second quarter of fiscal 2015 and $ 7.67 million for the six months ending December 31, physician 2014," stated Mr. Versfelt, Cabo's President & CEO. "This represents a 45% decrease compared to the $ 6 …
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Princeton Alternative Funding Announces Exclusive Partnership with MicroBilt
Princeton Alternative Income Fund was created to offer accredited and institutional investors the opportunity to achieve substantial returns in the growing non-prime, small business lending space. Finance companies issuing consumer-oriented loans offer …
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Money Matters: Homeowner with 'extra money' seeks refinancing advice
To be eligible for HARP the minimum requirements include: Current home loan must be owned or guaranteed by Fannie Mae or Freddie Mac; loan must have been originated on or before May 31, order 2009; you must be current on your monthly payments and …
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Sen. Barbara Mikulski's prepared remarks for press conference
Where I learned that we are all in this together as we witnessed young men and women go off to protect their country and helped care for the families they hoped to come home to. … And families should be able to refinance student loans at lower rates …
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Business Highlights
The announcement came a week after Wal-Mart Stores Inc. said it would increase starting wages for its U.S. employees to at least $ 9 per hour by April and by at least $ 10 by February 2016. Home furnishings retailer IKEA and Gap clothing chain also have …
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Stonegate Mortgage's (SGM) CEO Jim Cutillo on Q4 2014 Results – Earnings
Our servicing portfolio grew 3% from the end of the prior quarter to $ 18.3 billion even after closing another $ 2 billion MSR sale in the fourth quarter. … This, look coupled with increased student loan debt, decease a reduction in credit availability for self …
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