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GFI Mortgage Bankers Successfully Finances Kirkman Lofts

New York, NY - May 16, 2012 - (RealEstateRama) -- GFI Mortgage Bankers, a leading provider of residential mortgages in New York, announces the financing of 81 percent of the end units (that closed with a residential lender) at Kirkman Lofts. Ari Sorotzkin, Senior Branch Manager at GFI is the preferred lender for this re-developed residential project located at 37 Bridge Street in DUMBO. The building is comprised of 45 condominium residences in a mix of studios, one, two, three, and four-bedroom homes. GFI was selected as the preferred lender in 2011 when sales began and has since financed 33 of the units with almost all units closing on or before the scheduled closing dates.

Abbey Spanier Rodd & Abrams, LLP Files Class Action Lawsuit Against Thornburg Mortgage, Inc.

NEW YORK, Sept. 10 /PRNewswire/ -- Abbey Spanier Rodd & Abrams, LLP commenced a Class Action lawsuit in the United States District Court for...

Zenta Announces a Broad Range of Default Management Support for Both Servicers and Attorney...

NEW YORK, Sept. 10 /PRNewswire/ -- ZENTA today announced a broad range of default management services to support residential mortgage servicers and the attorney...

American Home Mortgage Investment Corp. Announces Bankruptcy Court Approval of Sale Process for Certain...

MELLVILLE, N.Y., Aug. 29 /PRNewswire-FirstCall/ -- American Home Mortgage Investment Corp. (OTC: AHMIQ) ("American Home") today announced that the U.S....

NYC ‘DEBT’ RECKONING

A silent crisis is ripping through many city neighborhoods as more and more homeowners are unable to pay down their subprime mortgage loans. In Brooklyn's...

$252 million approved for affordable housing in New York State

A total of $252.7 million in affordable housing financing, grants and mortgage insurance commitments was approved on 15 June by the boards of the New York...

They were so drunk on money and power that they didn’t know their incompetence

As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages...