Fulton Financial's CEO Discusses Q4 2011 Results - Earnings Call Transcript Seeking Alpha This quarter we sold at $35 million worth of nonperforming residential mortgages and nonperforming home equity loans. The transaction improved our overall credit metrics but also resulted in a charge to the allowance. After study, we concluded that the ...
PSMH: Update on Iowa Mortgage Professionals, Inc. Acquisition - Zacks.com
PSMH: Update on Iowa Mortgage Professionals, Inc. Acquisition Zacks.com Iowa Mortgage Professionals, Inc. is a mortgage banking and brokerage company based in Des Moines, Iowa, and had annual loan production of $164 million in 2010. The principal owner of IMP, Mr. Randy Stevens, received 1285714 shares of PSMH in exchange ...
Macerich Announces a 13% Increase in AFFO Per Share - MarketWatch (press release)
Macerich Announces a 13% Increase in AFFO Per Share MarketWatch (press release) The Company has arranged a $140 million, 10-year fixed rate loan on Pacific View Mall in Ventura, California. The loan is expected to close in March with an interest rate of approximately 4.00%. The asset is currently unencumbered by debt.
Katten Muchin Rosenman LLP | Delaware Bankruptcy Court Dismisses Chapter 11 ... Linex Legal (press release) (registration) That is, the debtor was the borrower under a second level mezzanine loan. Two affiliates of Colony Capital owned the debt of the debtor, while a CDO managed by Gramercy Loan Services held the third and fourth level mezzanine loans.
MetLife to Acquire the Czech, Hungarian and Romanian Operations of Aviva plc - MarketWatch (press release)
MetLife to Acquire the Czech, Hungarian and Romanian Operations of Aviva plc MarketWatch (press release) These factors include: (1) difficult conditions in the global capital markets; (2) concerns over US fiscal policy and the trajectory of the national debt of the US, as well as rating agency downgrades of US Treasury securities; (3) increased volatility ...