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U.S. Mortgage Rates Fall: 30-Year Loan Hits Lowest Level Since 1971

U.S. Mortgage Rates Fall: 30-Year Loan Hits Lowest Level Since 1971

July 14, 2012 at 7:48 pm 0 comments

U.S. mortgage rates have moved down, with 30-year loans hitting the lowest level on record for a fourth straight week, along with signs of growth in the housing market. The 30-year fixed-rate mortgage average decreased to 3.56 percent in theRead More

Kite Realty Group Trust Secures Financing

Kite Realty Group Trust Secures Financing

July 13, 2012 at 11:45 am 0 comments

Kite Realty Group Trust announced today that it has closed on a $23 million construction loan for its Four Corner Square redevelopment property in Maple Valley, Washington (Seattle MSA). Construction has commenced on the project, which is 84% leased orRead More

Lynda Tollner Joins Baker’s White Plains, New York, Office as Construction Manager

Lynda Tollner Joins Baker’s White Plains, New York, Office as Construction Manager

June 9, 2012 at 1:07 am 0 comments

Michael Baker Engineering, Inc., a unit of Michael Baker Corporation (NYSE MKT:BKR), is pleased to announce that Lynda C. Tollner, P.E., P.M.P., has joined Baker’s Construction Management Group. She will manage all aspects of the delivery of the Newtown CreekRead More

Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks

Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks

June 8, 2012 at 1:05 am 0 comments

The Board of Directors of Capstead Mortgage Corporation (NYSE: CMO) announced today that it will pay the regular quarterly dividend of $0.40 per share on the $1.60 Cumulative Preferred Stock, Series A (NYSE: CMOPRA), and the regular monthly dividend ofRead More

Louisiana-Pacific Corporation Announces Expiration of Tender Offer for Its 13% Senior Secured Notes due 2017

Louisiana-Pacific Corporation Announces Expiration of Tender Offer for Its 13% Senior Secured Notes due 2017

June 5, 2012 at 6:29 pm 0 comments

Louisiana-Pacific Corporation (“LP”) (NYSE:LPX) today announced the expiration of its previously announced tender offer for its 13% Senior Secured Notes due 2017 (the “Notes”). On May 21, 2012, LP purchased approximately $233.8 million in principal amount at maturity of Notes,Read More

Venture West Funding Arranges $11.97 Million Package of Apartment Loans in Los Angeles and Sherman Oaks, CA

Venture West Funding Arranges $11.97 Million Package of Apartment Loans in Los Angeles and Sherman Oaks, CA

June 5, 2012 at 6:27 pm 0 comments

Venture West Funding, Inc., a mortgage company headquartered in El Segundo, CA, announced it has arranged loans totaling $11.97 million for the refinance of four apartment buildings located in Los Angeles and Sherman Oaks, CA. The four properties contain 129Read More

BETA Group, Inc. Integrates with GLA, Adding Landscape Architecture Division

BETA Group, Inc. Integrates with GLA, Adding Landscape Architecture Division

June 4, 2012 at 6:35 pm 0 comments

Leading regional engineering firm BETA Group, Inc. is pleased to announce that it has expanded and integrated its services with the professional staff of landscape architecture firm Gates, Leighton & Associates (GLA). After some 20 years of collaboration, GLA willRead More

Wells Fargo to Help Twin Cities Customers Facing Mortgage Payment Challenges at Home Preservation Workshop

Wells Fargo to Help Twin Cities Customers Facing Mortgage Payment Challenges at Home Preservation Workshop

June 4, 2012 at 6:34 pm 0 comments

Wells Fargo is hosting a free Home Preservation Workshop in the Twin Cities metro area for Wells Fargo Home Mortgage, Wells Fargo Financial and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 2,500 localRead More

Mortech and AllRegs Form Strategic Alliance

Mortech and AllRegs Form Strategic Alliance

June 4, 2012 at 6:32 pm 0 comments

Mortech, Inc., a mortgage technology software company specializing in solutions for mortgage bankers and secondary market teams, today announced an exclusive new strategic alliance with AllRegs, the leading information provider for the mortgage lending industry. Under the new agreement, theRead More

Protection 1’s Scott Holman: Security Systems News’ 20 under 40, Class of 2012

Protection 1’s Scott Holman: Security Systems News’ 20 under 40, Class of 2012

May 31, 2012 at 5:41 pm 0 comments

Protection 1, the second-largest business and home security company in the U.S., is pleased to announce that National Account Manager Scott Holman has been selected as a member of Security Systems News’ Class of 2012 20 under 40. “Scott hasRead More