Archive for the 'Mortgage' Category

Crisis in the West Valley Is Not Hiding Around the Corner Anymore

I Short Sale, Inc., a loss mitigation advisory firm located in Woodland Hills, CA, reports a significant increase in short sale transactions in the West San Fernando Valley. (PRWeb Sep 6, 2008)


Read the full story at http://www.prweb.com/releases/2008/09/prweb1290634.htm

[Via Real Estate]

Fannie Mae Redemption

WASHINGTON, Sept. 5 /PRNewswire-FirstCall/ — Fannie Mae (NYSE: FNM)will redeem the principal amount indicated for the following securitiesissue on the redemption date indicated below at a redemption price equal to100 percent of the principal amount redeemed, plus accrued interest thereonto the date of redemption: Principal Security Interest [...]

Report: Real Estate Prices Down by 1.5% in August

Real-time real estate statistics by Altos Research show the Las Vegas real estate market continues to be the hardest hit in the country. Real estate data measuring demand levels, Days on Market data continue to climb across the country as inventory levels begin to plateau at the end of summer. (PRWeb Sep 5, 2008)


Read the full story at http://www.prweb.com/releases/real-estate/data/prweb1291054.htm

[Via Real Estate]

Equity Based Services, Inc. Acquires $11.3 Million Facility in Las Vegas

EBS purchases Silverado Self Storage in Las Vegas, Nevada. Silverado is a Class-A Storage facility with triple-net income from an existing Billboard and Cell Tower. (PRWeb Sep 5, 2008)


Read the full story at http://www.prweb.com/releases/privateequity/realestate/prweb1284084.htm

[Via Real Estate]

REMINDER: Forest City Enterprises Second-Quarter 2008 Earnings Conference Call

CLEVELAND, Sept. 4 /PRNewswire-FirstCall/ — Forest City Enterprises,Inc., (NYSE: FCEA and FCEB) has released its second-quarter 2008 financialresults and will hold a conference call on Tuesday, September 9, 2008 at11:00 a.m. ET to discuss these results. Investors are invited to dial intothe conference call hosted by Charles A. Ratner, president and [...]

The Meeting of Minds - Two of Real Estate’s Leading Forces Join to Provide Agents a New Way to Increase Sales Productivity

Weathering the storm. More than ever, this is the mindset of real estate professionals throughout the country. Implementing systems to increase sales productivity and hit the six-figure mark is taking a back seat to doing what's necessary to bring in enough income to pay the mortgage. (PRWeb Sep 4, 2008)


Read the full story at http://www.prweb.com/releases/2008/09/prweb1247794.htm

[Via Real Estate]

Navy Federal Slashes Mortgage Rates

5.625% 30-Year Fixed Mortgage up to $730K VIENNA, Va., Sept. 4 /PRNewswire-USNewswire/ — Effective immediately,Navy Federal Credit Union is now offering its members some of the lowestrates nationwide for a wide range of Mortgage Products. For example,today’s 30-year fixed rate is as low as 5.625%* — for up [...]

Sell My Timeshare NOW is Fastest Growing Privately Held US Timeshare Advertising Company

Inc.com (Inc. Magazine) has recognized New Hampshire based Sell My Timeshare NOW LLC as the fastest growing, privately held timeshare advertising and marketing company in the US. Founded just five years ago, Sell My Timeshare NOW LLC, is the global leader in the marketing and advertising of timeshare resales and timeshare rentals, via the Internet. (PRWeb Sep 4, 2008)


Read the full story at http://www.prweb.com/releases/SellMyTimeshareNOW/Inc5000/prweb1280594.htm

[Via Real Estate]

ECC Capital Corporation Posts Results for Six Months Ended June 30, 2008

IRVINE, Calif., Sept. 3 /PRNewswire-FirstCall/ — ECC CapitalCorporation (Pink Sheets: ECRO), a mortgage finance real estate investmenttrust, today posted financial results for the six months ended June 30,2008, on its website. You can locate this information athttp://www.ecccapital.com under the section titled “Investor Relations”.Please thoroughly read this report as it contains important [...]

Freddie Mac Extends Mortgage Relief to Borrowers Affected by Hurricane Gustav

MCLEAN, Va., Sept. 3 /PRNewswire-FirstCall/ — Freddie Mac (NYSE: FRE)today reminded its servicers of the disaster relief options available toborrowers with Freddie Mac-owned mortgages who were affected by HurricaneGustav. Freddie Mac is one of the nation’s largest investors in residentialmortgages. “Freddie Mac and the nation’s mortgage servicers will [...]