What's Cooking in High-Tech Kitchens
Byline: Negar Salek Oct 22, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Household appliances are increasingly being equipped with new high technology devices. Adrian Richardson, the...
View ArticleErnst & Young Cuts 89 Jobs
Byline: Agnes King Oct 22, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Ernst & Young has refused to comment on its decision to retrench 89 employees. The cuts came just months after...
View ArticleMiner Upset about Fracking Campaigns
Byline: Luke Forrestal and Angela Macdonald-Smith Oct 22, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The president of ConocoPhillips' Australian business, Todd Creeger, has called for...
View Article-Cooper Industries PLC Reports Q3 Results
International Resource News-October 22, 2012--Cooper Industries plc reports Q3 results(C)1994-2012 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 22 October 2012 Cooper...
View ArticleMortgage Industry Equity Composite
Byline: Editorial Staff Company 10/18/2012 10/11/2012 Wkly. % Chg. 52 wk/lo 52 wk/hi Percent Chg. P/E Ratio Astoria Federal (AF) 10.27 10.32 -1% 6.58 11.08 56.08% 21.63 Bank of America (BAC) 9.46 9.30...
View ArticleTop Lenders in the Boston Metro Area, 2011
Byline: Editorial Staff Rank Company Name Location Volume 1 Mortgage Master Inc. Walpole, MA $1,243,171 2 Wells Fargo & Co. Sioux Falls, SD 1,127,835 3 Bank of America Charlotte, NC 1,057,797 4 RBS...
View ArticleMore Apps Go Unfunded for Minorities
Byline: Mark Fogarty Lenders funded a smaller percentage of minority mortgage applications than the national average in every case except for Asians during 2011. Disappointing? Yes. Surprising? No....
View ArticleHow Long Will the Megabanks Keep Cutting MSRs?
Byline: Paul Muolo Take a look at the asset value of mortgage servicing rights booked by Wells Fargo, Bank of America and JPMorgan Chase in the third quarter. It's not a pretty picture and chances are...
View ArticleDoJ Actions Were Only Matter of Time
Byline: Ari Karen The Residential Mortgage-Backed Securities Working Group formed through the Department of Justice recently filed its first action against JPMorgan Securities, JPMorgan Chase Bank and...
View ArticleGinnie Mae's John Getchis Reflects on His New Cap Markets Role
Byline: Bonnie Sinnock Among recent executive moves worth watching in the mortgage capital markets is Ginnie Mae's hiring of John Getchis, who joined the government agency a little over 90 days ago as...
View ArticleMarket Close: Muni Yields Dither on Day of Few Deals
Byline: James Ramage The municipal market treaded water Friday, stifled by an otherwise underwhelming amount of activity in the secondary. Tax-exempt yields mostly danced in place throughout the dayas...
View ArticleS&P Issues Mixed 3Q Report on State, Local Governments
Byline: Robert Slavin Standard & Pooras downgraded more local and state governments than it upgraded in the third quarter of 2012, but did the opposite with public utilities. After doing more...
View ArticleFlorida Audit Finds Local Governments in Dire Straits
Byline: Shelly Sigo BRADENTON, Fla. a Some 113 of Floridaas cities, counties and special districts could be declared in a state of financial emergency, according to a recent assessment of fiscal 2011...
View ArticlePort Authority OKs Liberty Airport Taxiway Rehab
Byline: Tonya Chin The Port Authority of New York and New Jerseyas board of commissioners on Thursday authorized a $31.5 million rehabilitation of Taxiway P at Newark Liberty International Airport. The...
View ArticleAre Bigger Loans Back?
Byline: Editorial Staff More mortgage market participants are now pursuing jumbo lending even though government-related loans still dominate in the industry, and pending regulation continues to create...
View ArticleBank of America Doing 'Quite a Bit' in Lending Niche
Byline: Bonnie Sinnock Bank of America is "lending quite a bit on the jumbo side," and wants to continue to, according to Vijay Lala, senior product management executive at B of A. National Mortgage...
View ArticleWhat Happens When DU Gnome Won't Recognize Your Borrower?
Byline: Editorial Staff LOANDUDE99: Is this loan scenario possible? Have a borrower that owns an investment property with three other partners. The other partners have decided that my borrower can have...
View ArticleGlobal Unity Is Launching
Byline: Brad Finkelstein Global DMS, a Lansdale, Pa.-based appraisal technology company, will use the Mortgage Bankers Association convention in Chicago to launch and promote its Global Unity Project,...
View ArticleCredit Unions Taking Mortgage Share with Creative Ideas
Byline: Lew Sichelman Mortgage makers have always been a creative lot. But these days, credit unions seem to have supplanted traditional lenders as the most inventive. One of the most intriguing new...
View ArticleNAB's British Banks Flag Hedging Product Probe
Byline: George Liondis Oct 22, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The Clydesdale and Yorkshire banks, which are owned by National Australia Bank, are being investigated by the...
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