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Jim Palmer's pitch: easy money - second mortgages that exceed your equity may be more costly than you think - the financial disadvantages of high loan-to-value He is the epitome of the celebrity pitchman: Aging baseball great Jim Palmer, no longer on the payroll of the Jockey underwear folks, stars in TV commercials ...... (Continue Reading) How much golf home can you afford? Find out by getting a handle on the expenses, big and small, that come with second-home ownership IT'S A SCENARIO FAMILIAR TO anyone who plays the game: You return from a golf vacation and immediately start thinking how great it would be to go back ...... (Continue Reading) Maximize loan levels by knowing the limitations of a lender Today, with multiple financing sources often the norm, it's good to remember what factors tend to limit loan amounts, so that you can address these matters up front and make the right lender choice... (Continue Reading) Real estate finance - mortgage transactions, various companies - Brief Article - Statistical Data Included Meridian Capital Group announced the following transactions: * A $10.5 million new mortgage on a purchase of a 21-story, 206,271-SF Class B+ office ...... (Continue Reading) Real Estate Finance - mortgage lenders investments, New York City - Statistical Data Included Meridian Capital Group announced the following transactions: * A new mortgage for $10.425 million on a commercial building on West 27 Street. The property will benefit from a rate of 6.75%, with... (Continue Reading) Fitch Rates Long Beach Mortgage Loan Trust $2.9B Series 2005-WL1 NEW YORK -- Long Beach Securities Corporation's asset-backed certificates, series 2005-WL1, composed of three groups, are rated by Fitch Ratings as follows: --$2.07 billion classes I-A1, II-A1, I... (Continue Reading) Riverview Bancorp Reports Record Second Quarter Profit of $2.6 Million; Loan Portfolio Increases 50%, Net Interest Income Increases 40% VANCOUVER, Wash. -- Riverview Bancorp, Inc. (Nasdaq:RVSB) today reported strong organic growth, coupled with contributions from a recent acquisition, ...... (Continue Reading) Meridian Meridian announced the following transactions: * A $16 million blanket mortgage for seven elevator buildings on South Second St. in Brooklyn, N.Y.... (Continue Reading) NYBDC offers loan incentives for rural banks SYRACUSE-The New York Business Development Corp. (NYBDC) has begun offering incentives for bankers in 12 rural counties to make more small-business loans.... (Continue Reading) Delta Financial Reports Second Quarter Results; Achieves Record Loan Production of $881 Million; Raises Full Year 2005 Loan Origination Guidance WOODBURY, N.Y. -- Delta Financial Corporation (Amex: DFC) today reported its financial results for the three months and six months ended June 30, 2005.... (Continue Reading) |