Mortgage

Mortgage

Amicos Plead Guilty in Connection With $60 Million Mortgage Fraud Conspiracy Case

ROCHESTER, N.Y., OCTOBER 4, 2007-- Robert J. Amico, age 45, and brother Richard N. Amico, age 36, pled guilty yesterday to charges in connection...

Bankrate: Mortgage Rates Fall Sharply on Housing and Economic Worries

NEW YORK, Oct. 25 /PRNewswire-FirstCall/ -- Mortgage rates dropped notably this week, with the average conforming 30-year fixed mortgage rate now 6.31 percent. According...

Standard & Poor’s Ratings Services Reviews Ratings on Certain U.S. Residential Mortgage-Backed Securities Issued...

NEW YORK, Oct. 17 /PRNewswire-FirstCall/ -- Standard & Poor's Ratings Services announced today that it had downgraded 1713 classes of U.S. residential mortgage-backed securities...

S&P Enhances Its Review of Data Quality Practices for U.S. Residential Mortgage Originations

NEW YORK, Oct. 10 /PRNewswire/ -- Among the many factors contributing to the poor performance of recent vintages of U.S. residential mortgage-backed securities (RMBS),...

Cedar Shopping Centers Completes Purchase of Six Centers and Two Parcels in the Northeast

PORT WASHINGTON, N.Y., Oct. 8 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE: CDR), today announced that it has completed closings on the previously reported...

Bankrate: Mortgage Rates Move Lower

NEW YORK, Oct. 4 /PRNewswire-FirstCall/ -- Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.42 percent. According to...

The Markets May Be Rollercoastering, But Recruitment Accelerates at a Steady Clip

Turmoil may be causing ulcers for investors, but top recruiters WhiteRock Group see increased opportunity for job-seekers and hiring firms. NEW YORK, September 24, 2007...

Affordable Housing Projects Receive $45 Million In State Financing

NEW YORK, N.Y, September 21, 2007 -- Governor Eliot Spitzer today announced more than $45 million in financing for affordable housing projects in New York City,...

NEWSWEEK: Interview: Alan Greenspan Former Federal Reserve Chairman

'This was an Accident Waiting to Happen': Responding to Critics Charging the Fed for the Housing Bubble and Subprime Mortgage Mess NEW YORK, Sept. 16...

$325 Million Ameriquest National Settlement Provides $22 Million for New York

Consumers must mail form no later than Sept. 10, 2007.  New York, NY (July 12, 2007) - Attorney General Andrew M. Cuomo and State Banking Superintendent...

Popular Government & Nonprofit Press Releases

NEW YORK HOUSING OFFICIALS JOIN THE ARKER COMPANIES AND PARTNERS TO...

Officials from the New York City Housing Development Corporation (HDC), New York City Department of Housing Preservation & Development (HPD), and the US Department of Housing and Urban Development (HUD) joined The Arker Companies and project partners to celebrate the rehabilitation and preservation of Elbee Gardens, a 178-unit affordable housing development located at 1950 Clove Road in the Grasmere neighborhood of Staten Island.

Recent Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).