Mortgage News
Real Estate Finance & Mortgage
Cuomo Boosts Stature After N.Y. Voters OK School Budget Tax Caps
May 17, 2012
New York Gov. Andrew Cuomo won a major boost this week after suburban and upstate voters approved 99 percent of their school budgets, most of which adhered to the Democratic governor’s new property tax cap.
Companies - Finance
Freddie Mac To Name Former E*Trade Chief Donald Layton New CEO: WSJ
May 9, 2012
Freddie Mac, the second-largest mortgage guarantor, will announce the appointment of Donald Layton, former head of E*Trade Financial Corp., as a new CEO as early as Thursday, the Wall Street Journal said.
Companies - Finance
Fannie Mae Reports $2.7 Billion Profit In 1Q, Won't Require More Bailout Money
May 9, 2012
Fannie Mae (OTC: FNMA), the government-controlled mortgage giant that was brought to its knees during the housing crisis, said Wednesday it had net income of $2.7 billion in the first quarter as home prices declined at a slow...
Companies - Finance
Mortgage Rates Fall On Poor Job Growth: Bankrate.com Report
Apr 12, 2012
Mortgage rates fell this week over disappointing March job growth numbers, uncertainty about the ongoing debt crisis in Europe, and slower projected growth in corporate earnings, Bankrate.com reported Thursday in its weekly national survey.
Companies - Services
Bellway to Continue Raise Shareholders' Value Despite Tough Housing Market
Mar 26, 2012
Bellway, the housebuilder, enters the second half of the year with an order book of £423 million, having already reserved or legally completed 83% of this year's target, with an expectation to reach double digit operatin...
Companies - Services
Berkeley Group on Track to Double Profits
Mar 19, 2012
Berkeley Group, the residential-led property developer is well placed to double its profits before tax around £220 million by 30 April 2013, two years earlier than originally planned and to enhance the value of its land bank ...