Niche Company Noble Capital Taps Opportunities in Unsteady Market

In the chaos of subprime mortgage meltdowns, worldwide credit crunches, falling stock prices and bail-outs, a small group of real estate investment banks in Texas are weathering the storm and even thriving by offering investors steady returns on investments. Austin-based Noble Capital is one example. This private lending firm is gaining traction as one of the region’s dominant players by offering lower-risk investments that have maintained a... 

FNC(R) to Help BancorpSouth with Mortgage Appraisal Processes

BancorpSouth, one of the southeast region’s largest banks, will use FNC® technology to ensure regulatory compliance while streamlining its multi-channel appraisal process for their retail and home equity channels. Mortgage technology company FNC, Inc., creator of Collateral Headquarters(TM) (CHQ) — a workflow solution designed specifically for regional and community mortgage lenders — signed the Tupelo, Miss.-based bank on Sept.... 

American Association of Residential Mortgage Regulators Joins Growing Community of Regulators Improving Consumer Protection by Automating Mortgage Examinations

ComplianceEase®, the nation’s leading provider of mortgage risk management solutions, announced today at the Mortgage Bankers Association’s 95th Annual Convention and Expo that the Board of Directors of the American Association of Residential Mortgage Regulators (AARMR) has approved the adoption of examination automation solutions for its members, selecting ComplianceAnalyzer® and RegulatorConnect™ to power a new era of mortgage lending oversight... 

Lenders One Teams with Platinum Rewards to Offer Benefits

Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, announced that it has teamed with St. Louis-based Platinum Rewards LLC to offer homebuyers an exclusive opportunity to earn rewards points when they obtain a loan from any Lenders One member company. Consumers who complete a loan through a Lenders One mortgage lender will earn at least 25,000 points that are redeemable for merchandise from Platinum Rewards’ catalog and Web... 

Del Mar DataTrac Adds 37 Clients In Six Months

Del Mar DataTrac®, Inc. announced at the Mortgage Bankers Association’s (MBA’s) 95th Annual Convention & Expo that the company has added 37 clients in the six-month period spanning February to August 2008. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency. This... 

Lenders Benefit from QuestSoft and OpenClose Partnership, More Streamlined Compliant Loan Origination Capabilities

QuestSoft, a provider of compliance software and geocoding services for lenders, and OpenClose, developers of Web-based, end-to-end mortgage lending software, announced today at the Mortgage Bankers Association’s 95th Annual Convention and Expo announced the integration of QuestSoft’s automated compliance tool, Compliance EAGLE, with OpenClose’s loan origination software (LOS). Compliance EAGLE is the only automated compliance solution to be... 

Equity One Closes $227 Million Unsecured Revolving Credit Facility and $65 Million Ten-Year Mortgage Financing

Equity One, Inc., an owner, developer, and operator of shopping centers, announced today that it has closed a $227 million unsecured revolving credit facility with Wells Fargo Bank serving as Administrative Agent and Sole Lead Arranger. The new facility has a three-year term with a one-year extension option. In addition, the facility includes an accordion feature under which it can be expanded to $400 million. Borrowings under the facility are priced... 

Lend America Launches Specialized H4H Outreach Program for Institutional Investors to Maximize Principal Recapture and Help Homeowners Avoid Foreclosure

Lend America, recently ranked as the 13th largest direct-to-consumer FHA lender in the nation, announced today it has launched a specialized Hope for Homeowners (H4H) Outreach Program to enable institutional investors, such as Wall Street banks and hedge funds, as well as other first lien holders to quickly recapture principal from their non-performing residential mortgage portfolios while helping homeowners avoid foreclosure on sustainable and affordable... 

Skanska Sells Ongoing Office Project in Copenhagen to Norrporten

Skanska is selling the ongoing office project Havneholmen Tower in Copenhagen. The buyer is Fastighetsaktiebolaget Norrporten, which will take possession of the property in January 2011. Skanska is responsible for leasing of the project until the end of June 2014. The project was started in the first quarter of 2008 and no leases have been signed yet, but negotiations are in progress with several potential tenants. The final development gain depends... 

Main Street Bailout for the Common Taxpayer

The CFO Advisory Group, Inc. is currently offering a Main Street Bailout package for the common taxpayer. Since the inception of the Federal Reserve Act of 1913, the country’s financial system has been heading toward today’s debt and credit crash by design. Our current monetary system’s never ending need for inescapable indebtedness has reached the end of its exponential curve. We as a society simply cannot produce or trade the required...