JP Morgan threatens to foreclose on HomeBanc (Atlanta Journal-Constitution)
Failed mortgage lender HomeBanc Corp., which filed for Chapter 11 bankruptcy last week, is being threatened with foreclosure by JP Morgan Chase Bank, the lead lender on $68 million worth of operating loans. [ Submit your comments below. ] Court papers filed Sunday in a Delaware bankruptcy court say JP Morgan Chase, as agent for the syndicate of banks that funded HomeBanc's operations, is ......more...High Arctic Announces Second Quarter Results (PR Newswire via Yahoo! Finance)
High Arctic Energy Services Inc. today announced its results for the second quarter ended June 30, 2007....more... Delta Financial Corporation Reports Second Quarter 2007 Results, Announces $70 Million in Additional Capital with ... (Business Wire via Yahoo! Finance)
WOODBURY, N.Y.----Delta Financial Corporation today reported net income of $777,000, or $0.03 per diluted share, for the quarter ended June 30, 2007, compared to net income of $7.2 million, or $0.31 per diluted share, for the same period last year....more... Universal Energy Group Releases June 30, 2007 Financial Statements (CCNMatthews via Yahoo! Finance)
TORONTO, ONTARIO-- - Universal Energy Group Ltd. is pleased to announce the release of its June 30, 2007 financial statements....more... Computer Modelling Group Announces First Quarter Results (CCNMatthews via Yahoo! Finance)
CALGARY, ALBERTA-- - Computer Modelling Group Ltd. is very pleased to announce our first quarter results for the three months ended June 30, 2007....more... Fitch Affirms N-Star Real Estate CDO III, Ltd. (Business Wire via Yahoo! Finance)
NEW YORK----Fitch has affirmed nine classes of notes issued by N-Star Real Estate CDO III, Ltd., , a subsidiary of NorthStar Realty Finance Corp. . These affirmations are the result of Fitch's review process and are effective immediately: $292,466,850 class A-1 notes at 'AAA'; $14,921,778 class A-2A notes at 'AA'; $4,973,926 class A-2B notes at 'AA'; $16,911,349 class B notes at 'A-'; $9,947,852 ......more... Eniro to Divest WLW (Business Wire via Yahoo! Finance)
STOCKHOLM, Sweden----Regulatory News:...more... Looking at a mortgage recast (Bankrate.com via Yahoo! Finance)
It can be used to bring down your payments by prepaying, says Dr. Don....more... Expert: Don Taylor, Ph.D., CFA, CFP (Bankrate.com)
Dear Dr. Don, I have heard of something called a recast on a home mortgage loan. I believe it is paying off a large chunk of the mortgage and having the taxes and remaining balance recalculated to a lower payment....more... |