Feb 19th 10
Integra selling loans, Kentucky branches to First Cecilian (Evansville Courier & Press)
Evansville-based Integra Bank Corp. will sell two of its Kentucky branches and a pool of commercial real estate loans to First Cecil-ian Bancorp Inc., the companies announced Wednesday.Cecilia, Ky.-based Cecilian will purchase Integra branch offices in Hardinsburg and Leitchfield for the book value of the properties. As part of the deal, Cecilian will assume about $45 million in deposit …
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Feb 19th 10
Report says fewer falling behind on home loans (Richmond Times-Dispatch)
WASHINGTON—The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb. The Mortgage Bankers Association said today the percentage of borrowers who missed just one payment on their home loans fell to 3.63 percent in the October to December quarter, down from 3.79 percent in the third quarter. The …
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Feb 19th 10
MBA Says Delinquency Rate for Mortgage Loans Fell to 9.47% (Bloomberg)
Feb. 19 (Bloomberg) — The delinquency rate for mortgage loans on one-to-four unit residential properties fell to a seasonally adjusted rate of 9.47 percent of all loans outstanding as of the end of the fourth quarter of 2009, down 17 basis points from the third quarter, and up 159 basis points from one year ago, according to the Mortgage Bankers Association’s National Delinquency Survey.
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Feb 19th 10
IMS, Six Flags Rally as Leveraged Loans Reverse Three-Week Loss (Bloomberg)
Feb. 19 (Bloomberg) — High-yield, high-risk bank debt that started trading this week rose as leveraged loans reversed three weeks of losses, following a rally in equity and bond markets.
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IMS, Six Flags Rally as Leveraged Loans Reverse Three-Week Loss (Bloomberg)
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Feb 19th 10
Rates on 30-year home mortgage loans fall to 4.93% (USA Today)
Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year’s record lows.
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Rates on 30-year home mortgage loans fall to 4.93% (USA Today)
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Feb 19th 10
DC Entertainment announces executive ‘dream team’ (USA Today)
Newly-announced DC Entertainment executives discuss their new roles and new strategy for 2010 and beyond.
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DC Entertainment announces executive ‘dream team’ (USA Today)
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