California Mortgage News

California Mortgage News is an EIN News Service for banking industry professionals. Constantly updated news and information about California Banking.

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Fremont Bank Expands to Southern California to Provide Residents with Needed Traditional Prime Residential Mortgage Lend 19 Nov 2009 19:14 GMT
... Fremont Bank Expands to Southern California to Provide Residents ... Provide Residents with Needed Traditional Prime Residential Mortgage Lending ALISO VIEJO, Calif. - (BUSINESS WIRE) ... Brad Seibel. "With multiple Southern California community banks vanishing or being acquired by larger intuitions, ...
Fremont Bank Expands to Southern California to Provide Residents with Needed Traditional Prime Residential Mortgage Lending 19 Nov 2009 19:11 GMT
... Industry Veteran, Brad Seibel, to Lead the Bank's Residential Lending Center ALISO VIEJO, Calif.--(BUSINESS WIRE)-- ... Southern California to offer traditional prime residential mortgage lending, with a mix of retail, bank-to-bank ... Brad Seibel. "With multiple Southern California community banks vanishing or being acquired by larger intuitions, ...
Robert B. Horsman Named Regional Chairman for U.S. Bank in San Diego 16 Nov 2009 16:31 GMT
... B. Horsman Named Regional Chairman for U.S. Bank in San Diego SAN DIEGO - (BUSINESS ... community support at levels reflective of both banks' previous commitments, and to continue to leave ... comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, ...
Fremont Bank Increases Market Share Ranking for Home Mortgage Originations for Third Straight Year 19 Nov 2009 19:11 GMT
... with Fannie Mae and Freddie Mac propels Bank's home mortgage lending prominence in California and Bay Area ... the oldest independent family owned and managed banks in the region and focuses on personalized ...
IberiaBank shares surge on asset acquisitions from shuttered banks 16 Nov 2009 19:16 GMT
... BOSTON (AP) - Shares of IberiaBank Corp. rallied on Monday after the regional ... deposits and other assets from two Florida banks that regulators shut down. Analysts hailed deals ... insurance offices in Arkansas and Louisiana, and mortgage representatives in 11 states. With Friday's closures, ...
CMG Mortgage Expands Into Denver Market 16 Nov 2009 17:17 GMT
... , a privately held mortgage bank, has announced the opening of a new retail ... retail lending division outside its base in California. "The opportunity for us to expand into ...
Banks here try to stanch red ink 24 Nov 2009 04:36 GMT
... Banks here try to stanch red ink The ... banks as reported by the Federal Reserve Bank of St. Louis. Of 78 locally headquartered ... financial institutions, suffering from big losses on mortgage-backed securities, derivatives trading, consumer lending and other ...
5 allegedly try to rob Nev. bank with fake warrant 17 Nov 2009 01:54 GMT
... 5 allegedly try to rob Nev. bank with fake warrant Banco Sabadell of Spain, ... 94th failures this year of federally insured banks. The Federal Deposit Insurance Corp. was appointed ... some of the insurer's assets in risky mortgage-backed securities that plummeted in value instead of ...
Banks here try to staunch red ink 22 Nov 2009 04:37 GMT
... Banks here try to staunch red ink The ... banks as reported by the Federal Reserve Bank of St. Louis. Of 78 locally headquartered ... financial institutions, suffering from big losses on mortgage-backed securities, derivatives trading, consumer lending and other ...
Wells Fargo, JPMorgan, and Bank of America: Stock Prices Can Double 23 Nov 2009 10:19 GMT
... “On the Wells side, while like other banks, ours has taken bumps, but I think ... government have complained about the lack of bank liquidity, but bankers have generally been quick ... legacy Wachovia’s risky option-arm Pick & Pay mortgage portfolio are actually not as steep as ...
U.S. Fed boosts bank scrutiny 20 Nov 2009 17:13 GMT
... Mack says he likes the attention his bank gets from regulators. “We have probably 15 ... stepping up scrutiny of the biggest U.S. banks to ensure the lenders can withstand a ... highest since the 2007 collapse of the subprime-mortgage market, as investment-banking revenue helped it overcome ...
A STATE OF FAILURE: Florida 4th in nation in bank closures; trend expected to continue in 2010 23 Nov 2009 05:32 GMT
... but at a slower rate,” said local bank consultant Frank Knautz. “The problems these banks are experiencing are more related to the ... people struggling to make payments on bills, mortgages and things of that nature. Unfortunately, all ...
A STATE OF FAILURE: Florida 4th in nation in bank closures 23 Nov 2009 05:56 GMT
... but at a slower rate,” said local bank consultant Frank Knautz. “The problems these banks are experiencing are more related to the ... people struggling to make payments on bills, mortgages and things of that nature. Unfortunately, all ...
Mortgage Industry Rethinks Expected Onslaught of California Foreclosures 18 Nov 2009 05:13 GMT
... Mortgage Industry Rethinks Expected Onslaught of California Foreclosures ... Realty in Bakersfield. On the other hand, banks may work with those borrowers to avoid ... Kern County, according to the Assessor-Recorder's Office. Bank of America insists banks are not hoarding ...
Bank of America Program Helps 100,000 Subprime, Option-ARM Borrowers Avoid Foreclosure in First 10 Months of Outreach 23 Nov 2009 20:30 GMT
... Bank of America Program Helps 100,000 Subprime, Option-ARM Borrowers ... Program (NHRP), Bank of America has provided mortgage relief to 100,000 eligible homeowners with certain ... large corporations with a full range of banking, investing, asset management and other financial and ...

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EIN News Columnists

China's 'Capitalism:' A Rigged Game (Joe Rothstein's Commentary) [17 Nov 2009 - 11:59]
Tom Daschle, Not Secretary of Health, But Still A Force In The Fight for Health Reform (Joe Rothstein's Commentary) [12 Nov 2009 - 12:24]

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Bank Bailout News

Rescue loans for banks topped £61bn [24 Nov 2009 - 18:28]
Banks got billions in secret bailouts [24 Nov 2009 - 17:35]
British banks receive billions in secret bailout [24 Nov 2009 - 16:29]
Indonesian minister defends rescue on bank Century [24 Nov 2009 - 16:27]
UK banks receive billions in secret bailouts [24 Nov 2009 - 16:27]

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Bank Types News

Conservatives plan to create 'green investment bank' [24 Nov 2009 - 18:04]
FDIC: Commercial Banks' Profit Rise [24 Nov 2009 - 18:04]
Arrest made in Bradley credit union robbery [24 Nov 2009 - 18:01]
FDIC: Commercial banks' profit rises [24 Nov 2009 - 17:33]
First Credit Union Steps Up with $50 Million Loan-A-Thon [24 Nov 2009 - 17:00]

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Central Banks News

Role of central banks in new international financial architecture [24 Nov 2009 - 18:29]
Stanley Fischer's move a light unto central banks [24 Nov 2009 - 18:28]
Reserve Bank rejigs top portfolios [24 Nov 2009 - 17:58]
Central bank should tighten credit, Shea says [24 Nov 2009 - 17:35]
Russia's central bank reduces key rate to 9% [24 Nov 2009 - 16:28]

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Currency News

WOODFORD GREEN: Church wins appeal for multi-million pound redevelopment [24 Nov 2009 - 18:29]
US dollar extends losses against yen [24 Nov 2009 - 18:28]
RLPC-EQT gets 1 bln pound loan for Springer Science-bankers [24 Nov 2009 - 18:26]
Dollar rises vs euro; yen climbs to six-week highs [24 Nov 2009 - 18:02]
FOREX-Dollar rises vs euro; yen climbs to six-week highs [24 Nov 2009 - 18:02]

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IMF

International Monetary Fund: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola [24 Nov 2009 - 17:57]
IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola [24 Nov 2009 - 17:56]
REUTER MONEYGRAPH-IMF SDR RATES-Nov 24 US 1.60168 [24 Nov 2009 - 15:07]
DC agrees to $13M settlement with protesters arrested at 2000 World Bank, IMF meetings [24 Nov 2009 - 14:45]
IMF Gives Its Views Regarding Norwegian Economy And Economic Policies [24 Nov 2009 - 14:23]

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World Bank News

DC agrees to $13M settlement with protesters arrested at 2000 World Bank, IMF meetings [24 Nov 2009 - 14:45]
Poor Road Safety Threaten Economic and Social Well-Being of Europe and Central Asia Countries - World Bank [24 Nov 2009 - 13:40]
Dubai team facilitates field visits of World Bank [24 Nov 2009 - 10:33]
SAfrica's Zuma backs World Bank loan for Eskom: paper [24 Nov 2009 - 09:40]
World Bank help sought for education, institutions [24 Nov 2009 - 08:43]

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Banking Organizations News

United States Mint Launches Zachary Taylor Presidential $1 Coin on 225th Anniversary of His Birth (PRN) [24 Nov 2009 - 18:27]
Lombardi Customer, Lincoln Trust Company, Wins Global Excellence Award for BPM Project Financial Services Custodian Awarded [24 Nov 2009 - 18:27]
United States Mint Launches Zachary Taylor Presidential $1 Coin on 225th Anniversary of His Birth [24 Nov 2009 - 18:02]
Bibby Financial Services Provides $750,000 DIP Financing to Arizona-Based Cable Company [24 Nov 2009 - 17:59]
Treasury awards SABC R1bn bailout [24 Nov 2009 - 17:58]

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Banking Regulation News

The Prevention Of Money Laundering And Funding Of Terrorism Activities In Malta [24 Nov 2009 - 14:45]
House passes 'anti-money laundering' bill [24 Nov 2009 - 13:43]
Davie pastor, wife convicted of $7 million money laundering, mortgage fraud [24 Nov 2009 - 07:39]
Dodgy PayPal Money Laundering Set To Be Tracked [23 Nov 2009 - 23:14]
PayPal found in breach of Australian anti-money laundering rules [23 Nov 2009 - 17:27]

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Banking Products News

US Declares Credit Card Debt Consolidation Loan with Tips and Options [24 Nov 2009 - 19:03]
Suspect sought in Palmetto credit card fraud case [24 Nov 2009 - 18:28]
6 Things You Should Never Buy With Your Credit Card [24 Nov 2009 - 17:57]
Jump in credit card withdrawal charges [24 Nov 2009 - 17:34]
Fitch Rates GE Capital Credit Card Master Note Trust, Series 2009-4 Notes (BIZ) [24 Nov 2009 - 16:32]

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