- Online Financial Portal Adds Super-Jumbo Residential Loans up to $50MM
LendingGateway.com continues to add additional loan sources to their extensive menu of programs for borrowers. - Royale Energy Awarded $3.9 Million Increase in Loan Facility by Guaranty Bank
Royale Energy, Inc. (NASDAQ:ROYL) - Royale Energy, Inc. is pleased to announce the successful completion of an amended loan agreement with the Company’s Senior Lending Agent, Guaranty Bank, that increased their Loan Facility from $2.25 million to $6.15 million...... - Prudential Mortgage Capital Originates $232.9 Million in Affordable Housing Loans
Prudential Mortgage Capital Company announced today that it has originated $232.9 million year-to-date in affordable housing loans. Prudential Mortgage Capital is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE:PRU).... - Prudential Huntoon Paige Closes $3 Million Loan for Candlelight Apartments
Prudential Mortgage Capital Company announced today that it closed a $3 million refinancing loan for Candlelight Apartments insured by the U.S. Department of Housing and Urban Development’s Buffalo Multifamily HUB. Prudential originated the FHA loan through its FHA lending business, Prudential Huntoon Paige... - ConocoPhillips Approves 2008 Capital Budget of $14.3 Billion, Including $0.7 Billion of Capitalize
ConocoPhillips (NYSE:COP) today approved a 2008 capital budget of $14.3 billion, including cash capital expenditures and capitalized interest. Loans to affiliates and contributions to fund the upstream business venture with EnCana add an additional $1.0 billion, bringing the total authorized capital program to $15.3 billion....... - Winners Declared in Board Elections at FHLBank Pittsburgh
The Board of Directors of the Federal Home Loan Bank (FHLBank) of Pittsburgh has declared the winners of recent Board elections. The Board took the action on November 28, 2007...... - Brooke Credit Corporation Announces Selected Results for October 2007
As of October 31, 2007, loan portfolio balances totaled approximately $645.1 million, compared to approximately $642.9 million on September 30, 2007. The Company’s loan portfolio balances were positively impacted by October loan originations of approximately $18.1 million, and offset by October principal payments of approximately $15.9 million...... - Federal Home Loan Bank of San Francisco Releases October 2007 Cost of Funds Index
The Federal Home Loan Bank of San Francisco announced November 30, 2007, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for October 2007 is 4.233%. The index for September 2007 was 4.383%.... - ''New'' Loan Limits Anything But, Says CALIFORNIA ASSOCIATION OF REALTORS®; OFHEO Blows Opportunity
The cost of financing a home remains out of reach for many households in California in the wake of the Office of Federal Housing Enterprise Oversight (OFHEO) conforming loan limits for 2008, announced earlier today, according to CALIFORNIA ASSOCIATION OF REALTORS®....... - SearchMyLoan.com Announces Strategic Alliance With Chevy Chase Bank
SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced an alliance with Chevy Chase Bank, the largest bank headquartered and operated in the Washington, D.C., metropolitan area, to provide an exchange of rates, pricing and other information to simplify the lending process for mortgage brokers and other originators...... - North American Scientific Announces Extension of Loan Agreements
North American Scientific, Inc. (Nasdaq:NASI) today announced that on November 20, 2007 it executed a Seventh Amendment and Forbearance to its Loan and Security Agreement with Silicon Valley Bank (the “Bank”).... - Pinnacle Bancshares Announces Results for Second Quarter
Robert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (AMEX: PLE), today announced Pinnacle’s third quarter results of operations...... - Seattle Bank Announces Third Quarter 2007 Financial Results
The Federal Home Loan Bank of Seattle (Seattle Bank) today announced financial results for the third quarter of 2007 and the filing of its third quarter 2007 Form 10-Q with the Securities and Exchange Commission (SEC)...... - Texas Veterans Land Board Selects Mortgage Builder® Loan Origination Software
Mortgage Builder Software, Inc., provider of end-to-end mortgage banking software, announced that Texas Veterans Land Board (Austin, Texas) selected Mortgage Builder® Loan Origination Software as their LOS provider. Mortgage Builder’s system offers more functions..... - San Antonio Citizens Federal Credit Union Rolls Out Aimbridge Lending Solutions’ Loan Generation
Aimbridge® Lending Solutions, an integrated provider of multi-channel, multi-lender auto buying and lending services, announced today that San Antonio, Fla.-based San Antonio Citizens Federal Credit Union has launched its Loan Generations Services. The credit union is using the solution to expand pre-approval application options for its more than 11,500 members.. - Zoot User Interface (ZUI) Optimizes Operational Efficiency
Zoot, a leading provider of advanced instant credit decisioning and loan origination solutions, announced at the BAI Retail Delivery 2007 show, the internal release of a development tool, Zoot User Interface (ZUI), which enables financial institutions to rapidly deploy custom applications. - Family First Opens Home and Business Loan Center
Family First Federal Credit Union today announced the opening its Home and Business Loan Center. The new facility is designed to improve the way the company serves its members by expanding and centralizing its home mortgage department along with business and commercial loan services. The building will also contain a full-service branch to serve members in South Orem and Provo.. - CELSION Secures $6.5mm Credit Facility
CELSION CORPORATION (AMEX: CLN) today announced that it has closed on a $6,500,000 credit facility with M&T Bank. The terms of the agreement allow for draws against the facility in amounts up to $1,500,000 per month, up to a maximum of $6,500,000. The loan bears interest at LIBOR plus 2.75% and is due and payable on June 21, 2008..... - Plaza Bank Reports Results for the Quarter Ended September 30, 2007
Total assets, driven by continued strong loan demand, increased to $66.7 million from $26.0 million at September 30, 2006, a $40.7 million increase. Net loans increased to $48.6 million from $1.8 million, an increase of $46.8 million. The increase in loans outstanding contributed significantly to a 96% increase in net interest income of $463 thousand from $236 thousand for the quarter ended September 30, 2006. ..... - Nextera Enterprises, Inc. Announces New Bridge Loan Financing
Nextera Enterprises, Inc. (OTCBB:NXRA) today announced that it has entered into a bridge loan financing facility with its existing lender NewStar Financial, Inc. and certain of its significant shareholders....... - LSB Industries, Inc. Reports Subsidiary’s Completion of $50 Million Term Loan
LSB Industries, Inc. (AMEX:LXU), today reported that a subsidiary completed a $50 million term loan. The proceeds of the new term loan were used to repay an existing $50 million term loan..... - Lending Solutions Selected as Underwriting and Lending Partner by Transmission Builders Federal
Lending Solutions Inc. (LSI), a provider of lending center services and consulting programs for financial institutions across North America, announced that Kokomo, Ind.-based Transmission Builders Federal Credit Union has selected LSI for its loan-by-phone, Internet lending and indirect underwriting services.. - SearchMyLoan.com Announces Alliance With Brookview Financial
SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced an alliance with Brookview Financial (Hamden, Conn.), a direct rehab lender providing short-term financing for the acquisition and rehabilitation of residential, non owner-occupied national properties..... - CORRECTING and REPLACING Brooke Credit Corporation Announces Selected Results for September 2007
Third graph, last sentence of release dated October 31, 2007 should read: Additionally, during September Brooke Credit realized a gain on loan sale activities of approximately $2.1 million (sted Additionally, during September Brooke Credit realized a gain on loan sale activities of approximately $3.8 million) .... - North American Scientific Announces Extension of Loan Agreement
North American Scientific, Inc. (Nasdaq:NASI) today announced that on October 29, 2007 it executed a Sixth Amendment and Forbearance to its Loan and Security Agreement with Silicon Valley Bank (the “Bank”)....... - Annapolis Bancorp Reports Strong Third Quarter Loan Growth
Annapolis Bancorp, Inc. (NASDAQ:ANNB), parent company of BankAnnapolis, today announced net income of $662,000 ($0.16 per basic and diluted share) for the third quarter of 2007, a 10.5% decrease from third quarter 2006 net income of $740,000 ($0.18 per basic and diluted share)....... - Florida First Capital Top Producer of Small Business Loans in North Florida for Seventh Consecutive
For the seventh consecutive year, Florida First Capital Finance Corporation (FFCFC) is the top producer of loans to small businesses in the Small Business Administration’s (SBA) North Florida District. The district encompasses 43 counties stretching from Orlando to Jacksonville and west through the Florida Panhandle... - Aimbridge Launches Loan Generation Services
Aimbridge Lending Solutions®, an integrated provider of multi-channel, multi-lender auto buying and lending services, introduced its Loan Generation Services, a process to capture member loan pre-approvals via branch, phone or Web and make them accessible to members...... - Federal Home Loan Bank of San Francisco Reports Third Quarter Operating Results
The Federal Home Loan Bank of San Francisco today announced that its third quarter 2007 net income was $135 million, compared to $140 million in the third quarter of 2006. For the first nine months of 2007, the Bank’s net income was $421 million, compared to $387 million for the first nine months of 2006...... - Forest City Closes on $640 Million Refinancing for The New York Times Building – Largest Permanent
Forest City Enterprises, Inc. (NYSE:FCEA) (NYSE:FCEB) today announced that its New York City-based wholly owned subsidiary, Forest City Ratner Companies, closed on a $640 million loan with HSH Nordbank AG to refinance the 1.5-million-square-foot New York Times Building, which is scheduled to have its grand opening next month..... - San Joaquin Bancorp – Profits up as Loan Growth Continues
Net income after tax for the 3rd quarter of 2007 was $2.35 million compared to $1.92 million reported for the 3rd quarter of 2006, an increase of 22.4%. The increase was primarily due to a reduction in the provision for loan loss expense of $375,000 for the 3rd quarter of 2007 compared to the 3rd quarter of 2006..... - Hometown Bancorp, Inc. Announces Third Quarter Earnings
Hometown Bancorp, Inc., (the “Company”) (OTCBB: HTWC) the mid-tier holding company for Walden Federal Savings and Loan Association (the “Bank”), announced earnings of $248,000 for the three months ended September 30, 2007 as compared to $209,000 for the same period in 2006. For the nine months ended September 30, 2007...... - San Diego Microcredit Expert Available for Local Response to Nobel Prize Winner Muhammad Yunus
Reporters attending the Sunday, October 21, appearance at UCSD of 2006 Nobel Peace Prize Winner Dr. Muhammad Yunus can get a local perspective on the power of small loans to transform the lives of rural poor...... - Compass Minerals Secures Incremental Term Loan
Compass Minerals (NYSE: CMP) and certain of its subsidiaries have entered into a $127.0 million incremental term loan as part of an amendment to its existing senior secured credit facility. The incremental term loan is due in 2012 with an interest rate of 2.0 percent over LIBOR. ..... - Virginia Commerce Bancorp, Inc. Reports Record Nine-Month Earnings, Strong Balance Sheet Growth and
Diluted earnings per share up 8.0% to $0.27
Assets, loans and deposits up 18.6%, 17.6% and 15.2% year-over-year
Twenty-second and twenty-third branches opened in Fredericksburg, Virginia (Spotsylvania County) and in Centreville, Virginia (Fairfax County)
Non-performing assets and loans 90+ days past due down 49.7%, on a linked quarter basis.... - Meecorp Capital Markets Closes Landmark Bridge/Construction Loan to Vive Verde – the World’s First
Meecorp Capital Markets (a privately-owned commercial real estate lender specializing in value-added commercial real estate projects) today announced it has closed a three-year $6.9 million bridge and construction loan to Vive Verde North, the world’s first ‘living’ office building located in historic Lake Worth, FL. .... - The Student Loan Corporation Announces Third Quarter Earnings
The Student Loan Corporation (NYSE:STU) today reported net income of $25 million ($1.25 per share) for the third quarter of 2007, a decrease of $53 million (68%) compared to net income of $78 million ($3.89 per share) for the same period of 2006. This decrease was primarily related to a $2.2 billion reduction in loan sales and securitizations..... - CNET Networks Enters Into New $250 Million Credit Agreement
CNET Networks, Inc. (Nasdaq:CNET) today announced it entered into a Credit Agreement under which the Company can borrow up to $250 million. The Credit Agreement includes a revolving credit facility of up to $190 million and a term loan of up to $60 million. All borrowings under the credit facility will mature in October 2011. For the remainder of 2007, the Company anticipates that funded debt will carry an interest rate of approximately 8.2 percent... - FICS Enhances Servicing Solution with QuestSoft’s Instant Geocoder
Financial Industry Computer Systems, Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced at MBA’s 94th Annual Convention & Expo 2007 that it has interfaced Laguna Hills, Calif.-based QuestSoft’s Instant Geocoder into its Mortgage Servicer® solution..... - Accredited Receives $100 Million Capital Infusion From Lone Star
Accredited Home Lenders Holding Co. (formerly (NASDAQ:LEND)) (“Accredited” or “Company”), guarantor of the outstanding 9.75% Series A Perpetual Cumulative Preferred Shares of Accredited Mortgage Loan REIT Trust (NYSE: AHH.PrA) (“REIT”), today announced that it has received $100 million of working capital from its new parent, LSF5 Accredited Investments, LLC (“Lone Star”), a subsidiary of Lone Star Fund V (U.S.) L.P...... - Lender Lead Solutions Introduces Equity Plus Advantage Reverse Loan Product
Lender Lead Solutions, a comprehensive reverse mortgage services company, introduced its Equity Plus Advantage proprietary jumbo reverse mortgage loan product at the MBA annual conference. The addition of the product expands upon the company’s existing line of Home Equity Conversion Mortgage (HECM) loans and pricing options through its Flex-Margin AdvantageTM program..... - FICS’ Loan Origination System Simplifies HMDA Reporting
Financial Industry Computer Systems, Inc. (FICS®), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced at MBA’s 94th Annual Convention & Expo 2007 that it enhanced its Home Mortgage Disclosure Act (HMDA) reporting features in its residential mortgage loan origination system (LOS), Loan Producer®....... - Camden Property Trust Closes $500 Million Term Loan
Camden Property Trust (NYSE:CPT) today announced that it has entered into a $500,000,000 unsecured term loan facility with an interest rate of LIBOR plus 50 basis points. The initial term of the credit facility is three years, and it may be extended at the Company's option for two one-year periods. - USEC Inc. Statement: DOE Issues Final Regulations for Loan Guarantee Program; USEC Continues to
USEC actively participated with others in the nuclear industry in the development of DOE’s final regulations,” said USEC President and CEO John K. Welch. “We are pleased that many of the concerns raised by the nuclear industry and financial community have been incorporated..... - Brooke Credit Corporation Announces September Loan Origination Results
Brooke Credit Corporation (OTCBB: BRCR; BRCRW; BRCRU) today announced preliminary loan origination results for September of 2007. Loan origination results are being released prior to the regularly scheduled full monthly results press release in advance of investor meetings...... - Lending Solutions Hits 10,000th Mortgage Loan Application in 2007
Lending Solutions Inc. (LSI), a provider of lending center member/customer service programs and consulting services for financial institutions across North America, announced that it has processed its 10,000th first mortgage loan application for 2007. - Diomed Holdings Completes $10 Million Term Loan
Diomed Holdings, Inc. (AMEX: DIO), a leading developer and marketer of minimally invasive medical technologies, including its patented EndoVenous Laser Treatment (EVLT(R)) for varicose veins, today announced that it has entered into a $10 million senior secured term loan with Hercules Technology Growth Capital, Inc., effectively monetizing the damages award arising out of its ‘777 patent litigation......... - Solex, Advantage Credit Partner to Offer Automated RV Loan Credit Checks
Solex, an online lending solution, announced today a partnership with Pensacola, Fla.-based Advantage Credit International to provide automated credit reporting for recreational vehicle (RV) and marine loans approved through Solex’s financing and insurance (F&I) software.... - Lending.com Expedites Loan Application Accuracy With New Verification Process
The Federal Reserve’s recent move to lower short-term interest rates may help borrowers in a down market. Lending.com, one of the leading online bankers announced today the implementation of a process that will help decrease additional hassles associated with borrowing money. - GE Unit, in Strategic Growth Push, Serves as Lead Arranger, Sole Book Runner, Underwriter of Loan
Reinforcing its debt business expansion to serve as lead arranger and sole book runner, GE Energy Financial Services announced today that it has completed a $277 million senior credit facility for Dalbo Holdings, Inc. (“DHI”), a Utah-based oilfield services company with operations in New Mexico, Utah, Colorado and Wyoming..... - Federal Home Loan Bank of San Francisco Announces Projected Dividend Rate for Third Quarter 2007
The Federal Home Loan Bank of San Francisco’s Board of Directors has declared a dividend for the third quarter of 2007, to be determined in accordance with the Bank’s Retained Earnings and Dividend Policy........ - Use Your Home to Get Away: Home Equity Loans with Frequent Flyer Programs by Informa Research
Just because you’re paying off an unexpected expense by using a home equity loan or line of credit doesn’t necessarily mean that vacation needs be out of mind (http://www.quicken.com/banking_and_credit/saving/).. - GCO Education Loan Funding Corp. (GCO-ELF) Temporarily Halts Purchasing of Federal Consolidation
GCO Education Loan Funding Corp. (GCO-ELF) Chief Executive Officer Ron Page and Managing Director Robert Culnane offered the following statement on the firm’s decision to temporarily halt purchasing Federal consolidation loans.... - Palm Previews Q1 FY08 Results; Company to Begin Marketing Senior Secured Loan Facilities
Palm, Inc. (Nasdaq:PALM) today reported preliminary financial results for the first quarter of fiscal year 2008, ended Aug. 31, 2007. Full results will be reported Oct. 1, 2007...... - SureHits Introduces Industry’s First Quality Based Ad Network for Insurance and Loans
Companies in the financial services industry can maximize the return on their online advertising spend with the SureHits Quality Engine, announced today by SureHits. The SureHits Quality Engine is the first quality based ad network where advertisers’ discounts and publishers’ payments are entirely based on the quality of traffic delivered....... - Monroe Capital Provides $21.5 Million to SMTC Corporation
Monroe Capital LLC announced the funding of a $21.5 million term loan to SMTC Corporation (NASDAQ: SMTX; TSE: SMX). Monroe Capital acted as Sole Arranger and Agent of a term loan credit facility in conjunction with a $40 million senior credit facility from Wachovia Capital Finance... - Irwin Home Equity Selects Lender E-Source for Guideline Management
Lender E-Source, which provides loan guidelines and automated loan pricing to mortgage professionals, announced that San Ramon, Calif.-based Irwin Home Equity (IHE), a subsidiary of Irwin Union Bank and Trust Company (Irwin) has implemented Lender E-Source’s guideline management systems, Loan Library and Electronic Loan Finder (ELF), to expedite loan product searches and guideline management. ..... - Bayview Financial, L.P. Adds Michelle L. Young to Sales Force
Bayview Financial®, a multi-billion dollar full-service mortgage finance company, announced today the addition of Michelle L. Young to company’s the Loan Acquisitions Division sales team..... - 3 Mistakes to Avoid When Applying for a Home Equity Loan by Informa Research Services
A home equity loan can be a great resource to homeowners who need some extra money to do a renovation project, pay for college tuition, or even make a large purchase (https://www.informars.com/equifax/).......... - Is a Home Equity Loan Right For You? by Informa Research Services
One major asset that many homeowners tend to overlook when seeking a way out of a financial hardship is right under their noses… or perhaps more accurately, right over their heads: their home. Your home is an investment and there’s no reason it can’t yield valuable returns for you (http://www.rateupdate.com/).......... - American Tower Corporation Completes $500.0 Million Term Loan Credit Facility
The Company expects to receive net proceeds of approximately $498.5 million from the new term loan and will use approximately $450.0 million to repay certain existing indebtedness under the Company’s continuing senior unsecured revolving credit facility and the remainder for general corporate purposes...... - E-LOAN Bucks National Trend by Continuing to Target Premium Jumbo Loan Borrowers
E-LOAN®, an online consumer financial services company, today announced that it has substantially reduced the interest rate on its nonconforming loan product. E-LOAN has lowered the interest rate on its jumbo loan to 7.5 percent, with no points and no lender fees, for qualified borrowers with a FICO score of 740 or greater and a loan-to-value ratio of 75 percent or lower...... - Federal Home Loan Bank of San Francisco Increases Loans to Members by $53 Billion in July and August
The Federal Home Loan Bank of San Francisco increased its lending to member financial institutions substantially in July and August, primarily to help members grow their mortgage portfolio holdings and increase their liquidity resources... - SearchMyLoan.com Announces Strategic Alliance With Three Credit Reporting Agencies
SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced alliances with three credit reporting agencies including Wilton Manors, Fla.-based Prestige Credit Services, New York-based Sterling Credit Screening and Spokane, Wash.-based ACRAnet... - Debt Resolve Reaches Transactional Milestones; Announces Second Quarter Results
Debt Resolve, Inc. (AMEX: DRV), the only company to offer a patented Internet solution for the collection and settlement of consumer finance accounts receivable, today announced the achievement of a transactional milestone. As of July 2007 Debt Resolve is adding new accounts at the rate of $1 billion (face value) per quarter..... - Sharper Image Announces $20 Million Term Loan
Sharper Image Corporation (NASDAQ:SHRP) announced today that it has closed on its $20 million term loan with Wells Fargo Retail Finance, LLC, secured by the appraised value of the Company’s intellectual property. The Company further announced that $10 million of the $20 million loan was made immediately available, and that the balance is expected to be made available within 45 days, when syndication is complete..... - FICS Adds Customizable Work List Feature to Loan Producer®
Financial Industry Computer Systems, Inc. (FICS)®, a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced that it has added a new feature, My Work List, to its residential mortgage loan origination system, Loan Producer®. The enhanced version of Loan Producer was available to customers in June... - Indymac Announces Return to the Prime Jumbo Home Loan Market
IndyMac Bank, F.S.B. (“Indymac Bank®” or “Indymac®”), the principal subsidiary of IndyMac Bancorp, Inc. (NYSE:IMB), today announced it is once again originating prime, single-family residential, full-documentation jumbo loans after temporarily reducing the origination of this product due to current illiquidity in the secondary market. - Cleveland-Cliffs Enters New $800 Million Credit Agreement
Cleveland-Cliffs Inc (NYSE:CLF) today announced it has entered into a new unsecured, $800 million credit agreement. The agreement includes a $200 million term loan and a $600 million revolver, with a $200 million accordion feature that can be used to expand the size of the facility.. - Evans Bancorp Reports Second Quarter 2007 Financial Results
Evans Bancorp, Inc. (NASDAQ: EVBN), today reported its results of operations for the second quarter which ended June 30, 2007. .... - NewAlliance Bank Offers Patriot Express Loans to Veterans
NewAlliance Bank has received approval from the Small Business Administration to begin offering the SBA’s new Patriot Express loans to veterans and their spouses. NewAlliance is very excited about the opportunity this new initiative provides to support and assist entrepreneurs in our Nation’s military community........ - American Guardian Home Loans Adds Suite of Prime, Conforming and Government Loans
American Guardian Home Loans, a wholesale mortgage lender, today announced that it is adding a suite of prime, conforming and government loans to its product offerings......... - Home Federal Bancorp, Inc. of Louisiana Reports Net Earnings For the Fourth Quarter and Year Ended
Home Federal Bancorp, Inc. of Louisiana (the “Company”) (OTC BB:HFBL), the “mid-tier” holding company of Home Federal Savings and Loan Association, reported net earnings for the year ended June 30, 2007 of $637,000, or basic earnings per share of $.19, an increase of $3,000, or 0.5%, as compared to the $634,000 in net earnings, reported for the year ended June 30, 2006... - Member Business Lending (MBL) Adds Two New Credit Union Affiliates, Extends Lead in SBA Loan
Member Business Lending, LLC (MBL), the leading provider of credit union-based SBA loans for the underserved U.S. small business community, today announced the addition of two new member affiliates, bringing the total in the MBL system to twenty-three...... - Harland Financial Solutions Expands Presence in Thrift Market With Signing of Three New Core
Broadening its reach in the savings and loan industry, Harland Financial Solutions recently signed agreements with three institutions that purchased the Intrieve®Advantage core system, along with a variety of other Harland Financial Solutions products and services..... - South Pacific Financial Eliminates Loan Rate Sheets
Lender E-Source, which provides loan guidelines and automated loan pricing to mortgage professionals, announced Rancho Cucamonga, Calif.-based South Pacific Financial Corp. implemented Loan Library and Electronic Loan Finder (ELF) to improve loan product searches for loan officers through a continually updated and customizable loan database..... - Intermountain Community Bancorp (IMCB) Announces Continued Expansion and Earnings
Intermountain Community Bancorp (OTCBB:IMCB), the holding company for Panhandle State Bank, the largest locally owned state bank in Idaho, announced earnings for the second quarter of 2007 today...... - StuFund Announces 5 Percent Credit for Student Loan Consolidation
Giving borrowers the ability to obtain their benefits upfront, Student Funding Group, LLC (StuFund) will now offer students consolidating $50,000 or more of their federally guaranteed student loans a 5% loan credit. - Second Angel Bancorp Announces Green Lending Program
Second Angel Bancorp (SAB), a private money lender, has announced a Green Lending Program. SAB will be providing special incentives to borrowers whose real estate projects meet “smart” and “green” building standards...... - Perseus Realty Capital Arranges $100 Million Mezzanine Loan For FCC Headquarters
Perseus Realty Capital (“PRC”) is pleased to announce that it has secured $100 million in mezzanine financing for Portals II in Washington, DC on behalf of the Sponsor, The Franklin Haney Company. Located along the southwest waterfront at 12th Street and Maryland Avenue, the property was constructed as a build-to-suit for the Federal Communications Commission (FCC) headquarters in 1997......... - GE Capital Solutions, Franchise Finance Closes Interest Only Loan
In order to help Holland Holdings, LLC increase its cash flow, GE Capital Solutions, Franchise Finance funded a $2 million interest only loan on a 1031 exchange property..... - Sonabank N.A. to Open New Loan Production Office in Richmond, Virginia
Southern National Bancorp of Virginia Inc. (NASDAQ:SONA) announced today that its banking subsidiary, Sonabank N.A., has opened a Loan Production Office in Richmond, VA. This complements branches in Charlottesville, Clifton Forge, Reston, McLean, Fairfax, and Warrenton, and Loan Production Offices in Charlottesville and Fredericksburg......... - Freeport-McMoRan Copper & Gold Inc. Announces Additional Debt Reduction and Refinancing of Term Loan
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that it has reduced its senior secured term debt from $4.4 billion at March 31, 2007, to $2.45 billion at June 30, 2007, and has refinanced its term debt to achieve interest cost savings and improved terms. - Freeport-McMoRan Copper & Gold Inc. Announces Additional Debt Reduction and Refinancing of Term Loan
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that it has reduced its senior secured term debt from $4.4 billion at March 31, 2007, to $2.45 billion at June 30, 2007, and has refinanced its term debt to achieve interest cost savings and improved terms. - General Growth Properties, Inc. Announces Acquisition of 50% Interest in GGP/Homart I Portfolio
General Growth Properties, Inc. (NYSE: GGP) today announced the acquisition of the fifty percent interest owned by its partner, New York State Common Retirement Fund, in the GGP/Homart I portfolio of twenty-two properties...... - Metalico Closes Senior Financings
Metalico, Inc. (AMEX: MEA) announced today that it has increased its existing credit facilities to an aggregate amount of $85 million and entered into a new term loan agreement providing for an additional $50 million of senior debt........ - Fitch Rates Mississippi Higher Education Assistance Corp. 2007 Issue
Fitch Ratings has assigned the following ratings to Mississippi Higher Education Assistance Corp.'s Student Loan Revenue Bonds, series 2007............... - Fitch Confirms Alaska Student Loan Corp's Education Loan Revenue Bonds
Fitch Ratings has confirmed the following education loan revenue bonds issued by Alaska Student Loan Corporation (ASLC)....... - Fitch Affirms 16 RMBS Ratings from WMABS 2006-HE1
Fitch Ratings has affirmed the following Washington Mutual asset-backed securities............. - Canyon Capital Realty Advisors Provides $32.0 Million Loan for Acquisition
Canyon Capital Realty Advisors funded a $32.0 million senior bridge loan for the acquisition of 87 residential condominium............. - Prudential Mortgage Capital Closes $20 Million Loan for Technology Plaza
Prudential Mortgage Capital Company announced today that it has closed a $20 million refinancing loan on behalf of its general account,............... - Pacific Capital Bancorp Announces Sale of Two Loan Portfolios
Pacific Capital Bancorp (Nasdaq: PCBC) today announced that it has entered into a definitive agreement to sell its Commercial Equipment Leasing and Financing business to LEAF Funding, Inc., LEAF Financial Corporation....... - Federal Home Loan Bank of San Francisco Awards $34.7 Million in Affordable Housing Grants in
The Federal Home Loan Bank of San Francisco today announced $34.7 million in Affordable Housing Program (AHP) grants in the first round of the 2007 competition. - Golden Eagle Receives Loan Proceeds to Complete Gold Production Plant on C Zone Project
Golden Eagle International, Inc. (OTCBB:MYNG) announced today it has received a total of $853,000 on its loan agreement with Golden Eagle Mineral Holding, Inc. (“GEMH”) for the funding necessary to expand the Company’s C Zone pilot gold plant into a full-scale production plant. - What to Look for and What to Avoid When Getting a Payday Loan, According to Cash-quickly.net
Cash-quickly.net offers tips on getting a payday loan. Some payday loan lenders have 1-hour processing which can be very convenient for consumers getting a payday loan or cash advance loan and do not want to wait and wait for the loan to be processed. - Business Lines of Credit Expert, Speaker Offers Business Lines of Credit Workshop
The National Real Estate Network - The Best Michigan REIA presents a Business Lines of Credit Seminar for Real Estate Investors, entrepreneurs and small and medium size business owners. - Fitch Affirms Presbyterian Healthcare Services' (New Mexico) $365MM Revs at 'AA-'; Outlook Stable
Fitch Ratings affirms the underlying 'AA-' rating on approximately $365 million of hospital revenue bonds issued on behalf of Presbyterian Healthcare Services (PHS), New Mexico. The Rating Outlook is Stable.... - Prosper Membership Surpasses 300,000 and Funded Loans Exceed $65 million
Prosper (www.prosper.com), America’s first people-to-people lending marketplace, today announced that over the course of the last three months its membership has increased by 50 percent and funded loans have increased by over 60 percent. - Home Equity Loan Lines of Credit vs. Credit Cards - Which is Better?
The Mortgage Store Online has released an exclusive report on the rate and payment benefits of home equity loan lines of credit, compared to the use of credit cards. This report is directed at North American (U.S. and Canadian) homeowners and potential borrowers, who are looking for low interest credit options. - Parkside Lending, LLC Unites with Lender E-Source
Lender E-Source, which provides loan guidelines and automated loan pricing to mortgage professionals, announced the addition of San Francisco-based Parkside Lending, LLC to its customer roster. Lender E-Source provides an efficient Web-based loan suite that provides updated loan guidelines and the ability to search the loan products.
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