Tag Archives: 2013

Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript

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Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript
There are multi-family loans which do not fit Fannie Mae, Freddie Mac and HUD's programs such as interim loans and higher leverage loans. As well Walker & Dunlop's expertise in the multi-family market can and should be used to lend on other commercial …
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Temperamental's downgrades the ratings of six stand-alone housing bond programs to …
$ 8.71 million of Charlotte City Housing Authority, NC, Multi-Family Housing Revenue Bonds (Ginnie Mae Collateralized Mortgage Loan – South Oak Crossing Apartments Project) Series 2006 — rating: Aa1. 2. $ 2.87 million of City of Coon Rapids, MN, …
Read more on Moodys.com (press release) (registration)

Eastern Union Funding Names Richard T. Cassin To Lead New Credit Quality …
Among his accomplishments, he brokered a 20-deal portfolio of multifamily loans valued at $ 100 million. Mr. Cassin was also with Commerce Bank as a senior vice president and head of the commercial real estate division. In this capacity, he was …
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Community Bankers Trust Corporation Reports Results For First Quarter 2013

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Community Bankers Trust Corporation Reports Results For First Quarter 2013
The ratio of the allowance for loan losses to nonperforming assets was 42.07% compared with 39.94% at December 31, 2012 and 36.01% at March 31, 2012. Adding diversity to the loan portfolio, multifamily loans increased $ 7.7 million, or 26.7%, on a …
Read more on Daily Markets (press release)

Hudson Realty Capital Secures M First Mortgage Loan for Multifamily …
NEW YORK—Hudson Realty Capital LLC has secured a $ 16 million first mortgage loan secured by a vacant multifamily property on Meserole Street in Brooklyn that was recently constructed. Located in the East Williamsburg section of Brooklyn between …
Read more on National Real Estate Investor

Preferred Apartment Communities, Inc. Announces Mezzanine Loan Investment …
In connection with the mezzanine loan, the Company was granted an option to buy the 308-unit multifamily community between the 37th and 41st months following the closing of the mezzanine loan for a pre-negotiated buy price of approximately …
Read more on MarketWatch (press release)

Current Mortgage Rates for Tuesday, March 19, 2013

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Current Mortgage Rates for Tuesday, March 19, 2013
Mortgage rates improved yesterday following the uproar over the EU scheme to defray the costs of a Cypriot bailout by levying a tax on bank deposits. While the issue is still reverberating this morning (with talk of some sort of alternative plot), I …
Read more on Mortgage Rates & Trends (blog)

Home Loans: US Bankcorp Mortgage Rates
Home Loans: US Bankcorp Mortgage Rates The benchmark 30 year loan interest rates at US Bankcorp (NYSE:USB) start at 3.625% carrying an APR of 3.810%. 30 year FHA loan interest rates at the bank have been listed at 3.625% with a rather higher APR …
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Hong Kong Homes Face 20% Price Drop as Banks Raise Rates
“With the new government measures, the potential further rises in mortgage rates, and the expected increases in new supply in the medium term, we expect property prices to show larger corrections,” Tony Tsang and Jason Ching, analysts at Deutsche Bank, …
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Mortgage Rate Preview For The Week Of March 4, 2013
30-year fixed rate mortgage rate falls to 3.51% with 0.8 discount points, Mortgage-backed securities (MBS) improved last week, helping mortgage rates to drop for the first time in six weeks. The FNMA 3.0% coupon and the GNMA 3.0% coupon both climbed, …
Read more on The Mortgage Reports