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Tennessee Mortgage News is an EIN News Service for banking industry professionals. Constantly updated news and information about Tennessee Banking.
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  • 2010 elections: Democratic fears, Republican hopes 7 Nov 2009 16:12 GMT
    ... campaign rally for Corzine at the Susquehanna Bank Center in Camden, N.J. Oh, how the tables ... Chris Dodd in Connecticut, hampered by a mortgage controversy; Arlen Specter in Pennsylvania, the party-switching ... states McCain won last fall. They are Tennessee, where Democratic Gov. Phil Bredesen is retiring ...

  • Real Estate Foreclosures 11/08/09 6 Nov 2009 22:13 GMT
    ... Recontrust Co., substitute trustee, to Bank of New York Mellon, trustee, and CWMBS Inc. CHL Mortgage, in Westmoreland Hills subdivision, $586,500. Jonathan H. ... J. Ware Jr., substitute trustee, to Branch Banking and Trust Co., in Piney Grove Church ...

  • Evans brothers accused of massive fraud 6 Nov 2009 15:44 GMT
    ... company is accusing two brothers of committing mortgage fraud and leading the title company to ... C. (Chris) Evans committed mortgage fraud on banks and induced MVT to issue fraudulent title insurance ... and also has offices in Alabama and Tennessee. Chris Evans is the owner of numerous ...

  • Evans brothers accused of $50M fraud 6 Nov 2009 11:42 GMT
    ... company is accusing two brothers of committing mortgage fraud and coercing the title company into ... C. (Chris) Evans committed mortgage fraud on banks and induced MVT to issue fraudulent title insurance ... and also has offices in Alabama and Tennessee. Chris Evans is the owner of numerous ...

  • Indian-American pleads guilty to $33m fraud 6 Nov 2009 13:32 GMT
    ... pleaded guilty to a massive $33 million mortgage fraud, the Federal Bureau of Investigation (FBI) ... FBI said. The financial institutions included First Tennessee Bank, Franklin Bank, Wells Fargo Bank, and EMC Mortgage ...

  • Burning the Calories with CardioCor (PINK:CDOI.PK) 5 Nov 2009 05:33 GMT
    ... these states (Alabama, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia ) had a prevalence ... as the CFO of a Publicly traded mortgage bank. For 12 years Wayne was part of a ...

  • First Horizon National Corp. Reports Operating Results (10-Q) 5 Nov 2009 18:37 GMT
    ... Horizon Home Loans FTN Financial First Tennessee Bank and First Horizon Merchant Services. First Horizon National ... over the past 10 years. The Regional Banking segment had a pre-tax loss of $27.5 ... decline in the average balance of the mortgage warehouse as a result of the sale ...

  • Pletschet: Savers need to get out of low returns 5 Nov 2009 17:31 GMT
    ... With interest rates paid on bank deposits and money-market mutual funds dragging bottom, ... convince them to flee super-safe investments like banks and money funds, they might be able ... the U.S. government. Vanguard GNMA Fund carries mortgage-backed bonds of the Government National Mortgage Association, ...

  • Savers need to get out of low returns 5 Nov 2009 17:37 GMT
    ... With interest rates paid on bank deposits and money-market mutual funds dragging bottom, ... convince them to flee super-safe investments like banks and money funds, they might be able ... the U.S. government. Vanguard GNMA Fund carries mortgage-backed bonds of the Government National Mortgage Association, ...

  • ANALYSIS - U.S. Fed curbs agency purchases in 'calculated' move 5 Nov 2009 02:55 GMT
    ... Freddie Mac and the Federal Home Loan banks. Fed purchases of the debt soaked up the bulk of mortgage-related issuance this year, aiding affordability and recovery ... as a low-risk reminder by the central bank to investors it will wean the markets ...

  • Fed Curbs Housing Agency Purchases In 'Calculated' Move 5 Nov 2009 15:58 GMT
    ... Freddie Mac and the Federal Home Loan banks. Fed purchases of the debt soaked up the bulk of mortgage-related issuance this year, aiding affordability and recovery ... as a low-risk reminder by the central bank to investors it will wean the markets ...

  • County Real Estate Market Seen Improving 5 Nov 2009 17:17 GMT
    ... Lucia Fillers, of Preferred Properties of East Tennessee. Inc., said she is "cautiously hopeful" that ... she said. Hooper said some of the banks have toughened underwriting requirements when considering whether to ... underwriting requirements when considering whether to offer mortgage loans. "They should have been tougher before, ...

  • Property transfers: Nov. 1, 2009 1 Nov 2009 06:11 GMT
    ... Costello from Kylie E. Wilson, $143,000 4755 Burbank Road: Hallowell Memphis LLC from Acee Co., $980,000 ... Hunters Tree: Lori P. Hill from HSBC Mortgage Services Inc., $160,000 4027 Long Creek Road: ... Brooks Village: Horizon 02 LLC from First Tennessee Bank National Association, $122,000 4715 Brunswick: Marie ...

  • Resource Capital Corp. Reports Results for Third Quarter Ended September 30, 2009 (MRW) 3 Nov 2009 02:20 GMT
    ... of $895,000 and net unrealized losses on bank loans held for sale of $1.7 million and ... September 30, 2009. -- RCC bought commercial mortgage-backed securities ("CMBS") of $34.5 million par value, ... 12.1% Arizona 7.8% Texas 5.8% Florida 4.4% Tennessee 4.2% Washington 4.1% Colorado 4.0% Other 18.9% ...

  • Resource Capital Corp. Reports Results for Third Quarter Ended September 30, 2009 3 Nov 2009 02:21 GMT
    ... of $895,000 and net unrealized losses on bank loans held for sale of $1.7 million and ... September 30, 2009. -- RCC bought commercial mortgage-backed securities ("CMBS") of $34.5 million par value, ... 12.1% Arizona 7.8% Texas 5.8% Florida 4.4% Tennessee 4.2% Washington 4.1% Colorado 4.0% Other 18.9% ...


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