Fortress Seeks Servicing Rights From $4 Trillion Sale: Mortgages - BusinessWeek

Fortress Seeks Servicing Rights From $4 Trillion Sale: Mortgages BusinessWeek By John Gittelsohn on May 23, 2012 Fortress Investment Group (FIG) (FIG), whose funds own 77 percent of mortgage servicer Nationstar Mortgage Holdings Inc., is leading the race for $4 trillion in home loan collection rights as banks exit the business. and more »

First Century Bank Gainesville, GA Makes Announcement for Reverse Mortgage ... - LoanSafe

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First Century Bank Gainesville, GA Makes Announcement for Reverse Mortgage ... LoanSafe Reverse Mortgages enable homeowners over age 62 to borrow against the equity in their homes without having to sell the home, give up title, or take on a new monthly mortgage payment. The home must be the borrower's primary residence, and the loan does ... Is a reverse mortgage a good idea for your parents?Senior Advocate all 11 news articles »

Bank Retreat on Shipping Seen Filled by Private Equity: Freight - BusinessWeek

Bank Retreat on Shipping Seen Filled by Private Equity: Freight BusinessWeek In the first quarter, more than half of Commerzbank's loan-loss provisions of 212 million euros ($270 million) were booked at its ship-finance unit. Provisions probably will rise this year, according to a May 9 conference call with the bank's ... and more »

WCCU receives grant for down payment assistance - Providence Business News

Providence Business News

WCCU receives grant for down payment assistance Providence Business News ... Home Loan Bank Equity Builder Program, which included the grant. The $100000 will be distributed by the credit union. Awards up to $10000 per eligible family will be available on a first-come, first-served basis until the funds are exhausted.

360 Mortgage Group Adds Melanie Rocha as Account Executive in Western Region - California Newswire

360 Mortgage Group Adds Melanie Rocha as Account Executive in Western Region California Newswire Prior to re-joining 360 Mortgage Group, Rocha worked as a loan officer and processor for Oakridge Capital, a wholesale account executive for CIT Home Lending and a wholesale account executive for First Greensboro Home Equity, Inc. “To be successful, ... and more »