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Paulson Says Utility Model Better for Fannie, Freddie (Update2) - BloombergJan. 7 (Bloomberg) -- Treasury Secretary Henry Paulson recommended replacing Fannie Mae and Freddie Mac with utility- like companies that would guarantee mortgages without maintaining investment portfolios. “A public utility-like mortgage credit ...
TOP 10 STORIES OF 2008: No. 10 -- FDIC takes reigns from Franklin Bank - Athens Daily ReviewFranklin Bank, SSB, Houston, was closed in early November by the Texas Department of Savings and Mortgage Lending and the Federal Deposit Insurance Corporation (FDIC) was named receiver. Franklin had seven branches in Henderson County, including two ...
Low mortgage rates don’t entice buyers - Fort Worth Business PressAs mortgage rates continue to flirt with 30-year lows, local lenders say they’re seeing a definite uptick in refinancing inquiries, but the historic low rates have done little to convince on-the-fence home buyers to re-enter the market. In the last ...
People in Business - Nashville TennesseanKenneth Green is branch manager of the Murfreesboro office for Franklin American Mortgage Co. He was a senior mortgage banker with the company. Transportation Averitt Express honored the following employees for their 20 years of service: Associates ...
Franklin Templeton Limited Duration Income Trust Reports Asset ... - StreetInsider.comMore News related to BEN SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Templeton Limited Duration Income Trust (AMEX: FTF ), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain ...
Coventry to launch new mortgage products - Banking Business ReviewThe company said that offset products have also been refreshed to include a two-year 4.49% fixed rate or a fee-free option of 4.79% fixed, both available at 65% loan to value. Colin Franklin, head of sales at Coventry and managing director of Godiva ...
Cleveland, Columbus lagging Cincinnati - Cincinnati.comOhio has had the dubious distinction of appearing among the ranks of those states with foreclosure rates higher than the national average. In the latest release of the Mortgage Bankers Association's National Delinquency Survey, Ohio, Florida, Nevada ...
Corporate Bankruptcies: A Key Investor Concern in the New Year - Seekingalpha.comInvestors are breathing a sigh of relief that 2008 is over, but they shouldn’t get too comfortable. After all, with a worldwide recession under way, investors can expect acceleration in corporate bankruptcies in 2009. But the question is - which ...
MAHONING COUNTY - VindicatorJoshua E. Berg, 23, of 4106 New Road, Austintown, and Erica L. Check, 22, of same. Saleh S. Darwish, 32, of 7975 Raglan Drive, Warren, and Nijma S. Awadallah, 23, of 3769 Robert Frost Drive, Austintown. Christopher M. Edwards, 45, of 684 W. Wood St ...
Dianne Feinstein - Chicago TribuneWASHINGTON (AP) — President-elect Barack Obama's selection of an old White House hand to head the CIA shows a preference for a strong manager over an intelligence expert. Obama's decision to name Leon Panetta to lead the premier U.S. intelligence ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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