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O.C. foreclosure backlog grows
Published July 9, 2009, 7:04 am, Orange County Register
More home loans enter foreclosure process.
National Asset Direct Announces Expansion of Mortgage Origination Platform in Key California Markets
Published July 9, 2009, 7:00 am, Business Wire via Yahoo! Finance
SAN DIEGO----National Asset Direct, Inc. , a service provider to purchasers of performing and distressed residential mortgage loans and assets, today announced that its lending affiliate, United Residential Lending, LLC , has opened two additional branches in San Diego and Huntington Beach, California.
Nigeria: Reflections On Sanusi's "My Agenda"
Published July 9, 2009, 5:00 am, AllAfrica.com
Lagos — The new Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi (a.k.a. SLS), spoke recently with Financial Times of London's West Africa correspondent Matthew Green about his agenda for the finance and banking sector.
Bank Watch: Deteriorating CRE Quality Cited as Reason for Loan Loss Boost at WI's Associated Bank
Published July 9, 2009, 3:08 am, CoStar Group
Associated Banc-Corp, parent company of Associated Bank in Green Bay, WI, said it expects to record a provision for loan losses between $145 million and $160 million for the second quarter of 2009, which may result in a loss in the second quarter. Second...
Scout Real Estate Capital Hires Real Estate Industry Veteran Charlie Schoenherr As President
Published July 9, 2009, 12:01 am, PRWeb via Yahoo! News
Scout Real Estate Capital Hires Real Estate Industry Veteran Charlie Schoenherr As President
HDFC Bank wins 'Best Domestic Bank' award
Published July 8, 2009, 10:01 pm, New Kerala
Mumbai, July 8 : HDFC Bank was conferred with the 'Best Domestic Bank' award for the third time by 'Asiamoney', a leading financial magazine.
Banks ask RBI to ease provisioning norm that clumps together loans
Published July 8, 2009, 7:32 pm, The Economic Times
Banks ask RBI to ease provisioning norm that clumps together loansBanks ask RBI to ease provisioning norm that clumps together loans
NAMA to take loans at ‘appropriate’ value
Published July 8, 2009, 5:55 pm, Irish Examiner
PROPERTY loans will be transferred from the country’s main banks to the National Assets Management Agency at an “appropriate write down”, Finance Minister Brian Lenihan insisted yesterday.
American Business Bank Announces Its Results for the Second Quarter Ended June 30th 2009, Including 16% Loan Growth, ...
Published July 8, 2009, 4:31 pm, Business Wire via Yahoo! Finance
LOS ANGELES----AMERICAN BUSINESS BANK today reported net income of $1,676,000 for the second quarter 2009, a 27% increase over the $1,317,000 earned in the second quarter of 2008. Earnings per share in the second quarter 2009 increased to $0.46 versus $0.37 in the second quarter 2008.
Investment tips from a veteran distressed debt investor
Published July 8, 2009, 2:54 pm, Finance Asia
Warren Allderige, chief executive of Pacific Harbor Group, outlines his special situation fund's approach to distressed debt investments.
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