Genworth revives Australia mortgage unit's IPO plan
April 23 (Reuters) - Genworth Financial Inc revived plans for an initial public offering of its Australian mortgage insurance unit, nearly two years after it pushed back the IPO citing unfavorable market conditions in that country. The life and mortgage ...
Fixed Mortgage Rates at Six Week Low
30-year fixed-rate mortgage (FRM) averaged 4.27 percent with an average 0.7 point for the week ending April 17, 2014, down from last week when it averaged 4.34 percent. A year ago at this time, the 30-year FRM averaged 3.41 percent. 15-year FRM this week ...
AG Mortgage Investment Trust, Inc. Schedules First Quarter 2014 Earnings Release and Conference Call
AG Mortgage Investment Trust, Inc. MITT (the “Company”) announced today that it will release its first quarter 2014 financial results on Tuesday May 6, 2014 after the market close. In conjunction with the release, the Company will host a conference ...
REITs Equities Technical Notes -- Research on Chimera Investment, Anworth Mortgage Asset, MFA Financial, and Invesco Mortgage Capital
On Monday, April 21, 2014, the NASDAQ Composite ended at 4,121.55, up 0.64%, the Dow Jones Industrial Average advanced 0.25% to 16,449.25, and the S&P 500 closed at 1,871.89, up 0.38%. The gains were broad based as eight out of 10 sectors ended the session ...
TD Bank Eliminates Private Mortgage Insurance with Updated "Right Step" Mortgage Program
CHERRY HILL, N.J., April 21, 2014 /PRNewswire/ -- TD Bank, America's Most Convenient Bank ®, has updated its popular Right Step mortgage program. Right Step provides qualified home buyers with an alternative to Federal Housing Administration (FHA) backed ...
UPDATE 1-NY regulator probes Ocwen Financial for possible 'self-dealing'
April 21 (Reuters) - New York's banking regulator is probing Ocwen Financial Corp, which collects mortgage payments, for possibly over-charging borrowers and investors to auction off foreclosed properties. Benjamin Lawsky, superintendent of New York's ...
When to pay down your mortgage
It could be a smart move to get out from under your home payments, but first make sure you have your financial ducks in a row. For years, I've been telling you that you likely have better things to do with your money than to prepay a low-rate, tax ...
Northwest Bancshares, Inc. Announces First Quarter 2014 Earnings and Dividend Declaration
WARREN, Pa., April 21, 2014 /PRNewswire/ -- Northwest Bancshares, Inc. (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2014 of $14.6 million, or $0.16 per diluted share. This represents a decrease of $658,000, or 4.3%, over the same ...
Getting a mortgage is about to get harder
New mortgage rules are going into effect Jan. 10 to protect homeowners and investors from the kinds of risky mortgages that led so many people into foreclosure. This post comes from Marilyn Lewis at partner site Money Talks News. Mortgage reform is kicking ...
Should you pay off your mortgage quickly?
Paying down your mortgage faster can seem smart -- it's always a good idea to pay off your debts as soon as possible, right? Not always. Making extra payments on your mortgage? Many people do — they’re anxious to get that mortgage paid down as quick ...
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