Author Archives: ipgocorp

Whale Aside, JPMorgan Makes Big Money off Mortgages; RBS Collects on IPO …

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Whale Aside, JPMorgan Makes Huge Money off Mortgages; RBS Collects on IPO …
The boost in profit is related largely to a spike in mortgage loan originations that counterbalanced an additional $ 449 million in derivative losses courtesy of the London Whale and caused CEO Jamie Dimon to declare "we believe the housing market has …
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10 Reasons Your College Major Matters
But now we can attach dollar signs to hard data, with the caveat that estimates are “not intended to be a prediction but an illustrative example of the magnitude of differences in earnings,” according to one Census report. Here are 10 things you should …
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ELECTION 2012 – Romney clearly is the superior money manager
Biden has numerous savings and checking accounts paying very low interest as well as numerous loans that charge much higher rates. So, in effect, the Bidens are just throwing money away. Even more disturbing is the Bidens' relatively low net worth …
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Boldface: It's still Angello's, but it's no longer Jim's
“We used money from our wedding and a loan from his parents to buy the property,” Diane recalled. As the business grew, so did the facility and staff. Diane did the payroll even after their two sons were born. And Steve, his widow said, “really worked …
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Centerline Capital Group Finances Acquisition of a Multifamily Property in …

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Centerline Capital Group Finances Acquisition of a Multifamily Property in …
Earlier this year, Centerline provided a $ 3.92 million Fannie Mae loan to refinance Amherst Apartments, a multifamily property located in Denver. BMC's managing partner is Matt Joblon. BMC is based in Denver and is active in searching for value-add …
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MBA: Multifamily and commercial originations jump 25% in 2Q
Loans tied to commercial real estate are performing quite well with originations in the commercial/multifamily segment up 25% in the second quarter from last year, the Mortgage Bankers Association said Thursday. Originations also grew 39% from the …
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Commercial Loan Direct (CLD Capital), Offering Student Housing Loans on …
Commercial Loan Direct's Dedicated Student Housing Apartment Loans provide attractive terms and competitive prices for the buy or refinance of properties that, because of construction and location, specifically cater to a student tenant base and …
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Customers to enjoy cheaper credit as banks cut interest

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Customers to delight in cheaper credit as banks cut interest
Borrowers are likely to see the full cut in the Central Bank Rate reflected in their cost of borrowing after some commercial banks reduced their prime lending rates by Bank of Uganda's margin. Banks including Standard Chartered have cut their lending …
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Small business lending rises for second straight month in August as owners …
A survey released Monday shows that they borrowed more money during August — a sign that business owners are becoming more confident about the economy. The survey by PayNet, a research firm that tracks loans to small business, shows that lending …
Read more on Minneapolis Star Tribune