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Central America Mortgage News is an EIN News Service for banking industry professionals. Constantly updated news and information about Central America Banking.
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  • ACORN Docs Dumped? 24 Nov 2009 14:55 GMT
    ... to illicit relationships between ACORN and a bank and a labor union — as well as ... agent" for Citibank, Roach charged. "They had mortgage information for homeowners ... who were in ... and "prostitute" smuggle in girls from Tijuana, Mexico, noting that he had many contacts in ...

  • Couple Steals Home from 93-yeat-old Alzheimer's Patient 24 Nov 2009 14:30 GMT
    ... The contract was used to obtain a mortgage on the property. Tharpe then sold the ... McKoy's name without his knowledge at Commerce Bank in Massapequa and directed that all account statements ... monthly mortgage payments were made on the Jamaica property before payment ceased all together and ...

  • Couple Steal Home from 93-yeat-old Alzheimer's Patient 24 Nov 2009 14:13 GMT
    ... The contract was used to obtain a mortgage on the property. Tharpe then sold the ... McKoy's name without his knowledge at Commerce Bank in Massapequa and directed that all account statements ... monthly mortgage payments were made on the Jamaica property before payment ceased all together and ...

  • Wells Fargo/Gallup Survey: Small Business Owners Re-Think Technology Usage as They Navigate Tough Economy 24 Nov 2009 13:51 GMT
    ... company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 ... ATMs and the internet (wellsfargo.com) across North America and internationally. Wells Fargo is America's #1 ...

  • The Economic Crisis and What Must be Done 24 Nov 2009 11:51 GMT
    ... branch works out of big New York banks like J.P. Morgan Chase, Wall Street investment ... federal government debt was used to collateralize bank lending. Since then we’ve paid the freight ... use their fractional reserve privileges in making mortgage loans. Volcker’s recession shattered American manufacturing and ...

  • Did ACORN Dump Evidence? 24 Nov 2009 10:37 GMT
    ... to illicit relationships between ACORN and a bank and a labor union — as well as ... agent" for Citibank, Roach charged. "They had mortgage information for homeowners ... who were in ... and "prostitute" smuggle in girls from Tijuana, Mexico, noting that he had many contacts in ...

  • Foreclosure Activity Slows for Third Straight Month According to RealtyTrac® U.S. Foreclosure Market 24 Nov 2009 09:47 GMT
    ... -- default notices, scheduled foreclosure auctions and bank repossessions -- were reported on 332,292 U.S. properties ... activity in this housing downturn -- high-risk mortgages, negative equity, and unemployment -- continue to ... FBI, U.S. Senate Joint Economic Committee and Banking Committee, U.S. Treasury Department, and numerous state ...

  • Did ACORN Dumped Evidence? 24 Nov 2009 07:54 GMT
    ... to illicit relationships between ACORN and a bank and a labor union — as well as ... agent" for Citibank, Roach charged. "They had mortgage information for homeowners ... who were in ... and "prostitute" smuggle in girls from Tijuana, Mexico, noting that he had many contacts in ...

  • Hedge Fund Appaloosa Management Buys Citigroup Inc., Newcastle Investment Corp., Microsoft Corp., Sells Regions Financial Corp., PHH Corp. 24 Nov 2009 00:16 GMT
    ... of financial products and services, including consumer banking and credit, corporate and investment banking, securities ... names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, and Banamex. Citigroup ... Corp is a leading outsource provider of mortgage and vehicle fleet management services. It is ...

  • Bring on all the water news-the good, the bad and the ugly 23 Nov 2009 23:50 GMT
    ... the property of the Kern County Water Bank, an entity principally owned by billionaires Stewart ... otherwise be used to irrigate crops locally.” Lubricating the deal was the creation of a ... instrument not terribly different than those economy-exploding mortgage-backed securities. Paper water ended up fueling much ...

  • Stocks Gain Around World on Growth Outlook as Dollar, Yen Drop 23 Nov 2009 22:55 GMT
    ... than forecast and speculation grew that central banks will keep interest rates near record lows. ... low levels. , president of the Fed Bank of Chicago, told the Financial Times that ... central bank seeking authority to continue buying mortgage-backed bonds after the first quarter of next ...

  • AllianceBernstein Income Fund Releases Monthly Portfolio Update 23 Nov 2009 22:55 GMT
    ... Portfolio % Governments - Treasuries: Treasuries 55.30% Mortgage Pass-Thru's: Agency ARMS 4.58% Agency Fixed Rate ... 8.36% Corporates - Investment Grades: Financial Institutions: Banking 2.24% Finance 0.40% Insurance 0.22% Other Finance ... Agency Debentures 2.11% Quasi-Sovereigns: Quasi-Sovereign Bonds 1.93% Bank Loans: Industrial: Communications - Media 0.24% Technology 0.21% ...

  • Western Asset High Income Opportunity Fund Inc. as of September 30, 2009 23 Nov 2009 22:30 GMT
    ... Dollar 3.3% Cash & Other Securities 0.5% Mortgage Backed 0.2% Credit Quality Allocation (Lower of ... Electric 7.5% Capital Goods 6.7% Transportation 3.4% Bank Loans 3.0% Technology 1.9% Top Emerging Market Countries ... monthly) * Portfolio holdings and weightings are historical and are presented here for informational purposes ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
    ... Capital SA for OJSC Russian 1.46% Agricultural Bank 7.75%, 5/29/18 4)Turkey Government Bond 16.00%, 3/07/12 1.38% ... Philippines 9.875%, 1/15/19 1.20% 7)Citigroup/Deutsche Bank Commercial Mortgage 1.18% Trust Series 2006-CD2, Class A2 5.408%, ... - Entertainment 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% ...

  • Zach Wamp: Time To Stop Piling On Debt - And Response (4) 23 Nov 2009 20:30 GMT
    ... Wamp gave them $150 million of our mortgage banking tax dollars. Since when did our US government start ... banking bucks to renegades who sided with Central American terroists against our country? Yet he has ...


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