Mortgage Fears Drive UpRates on Jumbo Loans
Among other signs of distress, Aegis Mortgage Corp., Houston, notified mortgage brokers that it ... trade publication, and are especially prevalent in California, New Jersey, New York City, Washington, D.C., ... expected to keep the target for short-term interest rates at 5.25% and maintain their focus ...
Heritage Commerce Corp Earns $4 Million in Second Quarter 2007 As Diablo Valley Bank Acquisition Clo
and $214 million in loans. -- Net interest margin expanded to 5.11% from 5.06% in ... the fourth largest SBA lender in Northern California and fourteenth in the State of California, ... Loans 358,095 294,010 273,208 22% 31% Real Estate-Mortgage 330,422 239,082 242,125 38% 36% Real Estate-Land ...
Heritage Commerce Corp Earns $4 Million in Second Quarter 2007 As Diablo Valley Bank Acquisition Closes
and $214 million in loans. -- Net interest margin expanded to 5.11% from 5.06% in ... the fourth largest SBA lender in Northern California and fourteenth in the State of California, ... Loans 358,095 294,010 273,208 22% 31% Real Estate-Mortgage 330,422 239,082 242,125 38% 36% Real Estate-Land ...
Equity One Reports Second Quarter 2007 Operating Results
a private placement. The notes carry an interest rate of 6.00%. Net proceeds of $148.9 ... from a new regional office in Irvine, California. Prior to joining Equity One, Mr. McDonough ... LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Notes Payable Mortgage notes payable $ 414,242 $ 391,647 Unsecured ...
DCT Industrial Trust Reports 2007 Second Quarter Results
Development Activity - Momentum Building in Southern California During the second quarter of 2007, DCT ... 27,000 34,278 Senior unsecured notes 425,000 425,000 Mortgage notes 644,501 641,081 Financing obligations 95,477 191,787 ... real estate interests 9,132 4,044 17,017 8,032 Interest expense (15,204) (14,623) (32,071) (26,157) Interest income ...
Eagle Hospitality Announces Second Quarter Results
of total debt) with a weighted average interest rate of 5.5%. The remaining $72.2 million ... average interest rate of 7.8%. The combined mortgage debt of the Company had a weighted ... Hyatt. The hotels are located in Arizona, California, Colorado, Florida, New York, Kentucky, Ohio, Illinois, ...
Major bank stops approving home equity loans, credit lines
Ripples from the subprime mortgage meltdown are spreading, affecting even borrowers with ... and one that makes loans through many California mortgage brokers, announced Monday it had "suspended ... profound reluctance to buy mortgage-backed securities: higher interest rates for mortgage borrowers, and lending criteria ...
M2 Lending Solutions Offers Refinancing Option for Homeowners with Sub-prime Mortgages
-- M2 Lending Solutions, a Colorado-based home mortgage broker, announced its 30 Year Home Saver ... Saver Loan helps cash-strapped homeowner's survive rising interest rates on sub-prime loans by refinancing with ... currently authorized to offer the loan in California, Colorado, Delaware, Georgia, Maryland, Nebraska, Oregon and ...
Great Wolf Resorts Reports Second Quarter 2007 Results
second quarter. -- Acquired 15.9 percent minority interest in the Great Wolf Lodge in Mason, ... on the Mid-Atlantic, Southeast, Northeast and Northern California regions, where there are large population clusters ... diluting our equity holders or adding to mortgage debt. We expect to use the net ...
Big-ticket mortgage rates rise
means the monthly bill for a $600,000 mortgage would hit $4,403, compared to $3,942 previously, ... mortgage. To make up for the increased interest rate, a home seller would have to ... Silicon Valley, Los Angeles and many other California areas. The same holds true for the ...