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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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Latest Tennessee Mortgage News

  • Stimulus money causing fraud nightmare for FBI 24 Nov 2009 01:06 GMT
    ... Troubled Assets Relief Program and backing for mortgages. The majority of that money is designed ... for the intended purpose, like saving ailing banks or improving roads. "What we expect to ... the FBI says it's worried about criminals banking on stimulus money. We welcome your participation ...

  • Mercantile Bancorp Announces Anticipated Filing of Quarterly Report on Form 10-Q 23 Nov 2009 22:50 GMT
    ... Mercantile Bancorp, Inc. is a Quincy, Illinois-based bank holding company with majority-owned subsidiaries consisting of ... company with majority-owned subsidiaries consisting of three banks in Illinois and one each in Missouri, ... commercial and consumer banking business, engages in mortgage banking, trust services and asset management, and ...

  • Mercantile Bancorp Announces Anticipated Filing of Quarterly Report on Form 10-Q (MRW) 23 Nov 2009 22:50 GMT
    ... NYSE Amex letter. is a Quincy, Illinois-based bank holding company with majority-owned subsidiaries consisting of ... company with majority-owned subsidiaries consisting of three banks in Illinois and one each in Missouri, ... commercial and consumer banking business, engages in mortgage banking, trust services and asset management, and ...

  • 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 ... the next governor of the state of Tennessee. I strongly support Mayor Haslam of Knoxville ...

  • Mercantile Bancorp Announces Third Quarter Earnings and Strategic Developments 23 Nov 2009 15:53 GMT
    ... to Execute a Debt Exchange for Missouri Bank -- Reaches Definitive Agreement to Sell Two Illinois Banks Mercantile Bancorp, Inc. (NYSE Amex: MBR) today ... commercial and consumer banking business, engages in mortgage banking, trust services and asset management, and ...

  • Real Estate Foreclosures 11/22/09 23 Nov 2009 14:01 GMT
    ... addition, $903,000. J. Winchester, trustee, to First Tennessee Bank National Association, in Far View Hills subdivision, $325,000. ... substitute trustee, to Deutsche Bank and Ameriquest Mortgage, in Colonial Village subdivision, $51,730. J. Winchester, ...

  • Unemployment rises in 29 US states 23 Nov 2009 12:53 GMT
    ... social crisis in the United States. The Mortgage Bankers Association reported that 14 percent of ... Merrill Lynch (now the investment arm of Bank of America), and JP Morgan Chase—made $22.5 ... nearly $9 billion. The top six US banks have already set aside $112 billion for ...

  • TransUnion.com: Average Credit Card Delinquency Rates Continue to Fall in Third Quarter From Previou 23 Nov 2009 10:33 GMT
    ... focusing on credit card, auto loan and mortgage data available on TransUnion's Web site at ... (defined as the aggregate balance on all bank-issued credit cards for an individual bankcard borrower) ... remains in Alaska at $7,699, followed by Tennessee at $7,039 and Alabama at $6,453. The ...

  • TransUnion.com: Average Credit Card Delinquency Rates Continue to Fall in Third Quarter From Previous Decline in Second - Bucking Historical Trend 23 Nov 2009 10:30 GMT
    ... focusing on credit card, auto loan and mortgage data available on TransUnion's Web site at ... (defined as the aggregate balance on all bank-issued credit cards for an individual bankcard borrower) ... remains in Alaska at $7,699, followed by Tennessee at $7,039 and Alabama at $6,453. The ...

  • Rowland indicted on fed money laundering charges 22 Nov 2009 04:37 GMT
    ... house from an individual, remitting the monthly mortgage payments to Cavalry Banking. The funds paid by the individual were ... the monthly mortgage payments to First Community Bank. The funds paid by the individual were ...

  • State economy shows continued signs of weakness 22 Nov 2009 04:32 GMT
    ... This quarterly series is supported by a Tennessee Housing Development Agency grant. Economic Overview Economic ... construction activity has benefited from extremely low mortgage rates, the $8,000 tax credit for first-time ... conditions in the commercial loan market as banks prepare for higher losses on these loans. Real ...

  • Terrazzo condo auction brings down prices 21 Nov 2009 23:40 GMT
    ... Dec. 5. Bill Barkley, president of Crosland's Tennessee division, which is Terrazzo's developer, said he ... up financing for the auction with SunTrust Mortgage, MetLife Home Loans, CityLife Lending Group and Bank of America. The lenders were offering loans for ...

  • Istithmar may lose control of New York hotel 21 Nov 2009 22:34 GMT
    ... nine months through September, according to Hendersonville, Tennessee-based Smith Travel Research. In , rates for ... make up the gap between a first mortgage and the borrower’s equity. Unlike a mortgage, where the bank has a lien on the actual property, a ...

  • Zach Wamp: Time To Stop Piling On Debt - And Response (3) 21 Nov 2009 01:10 GMT
    ... Wamp gave them $150 million of our mortgage banking tax dollars. Since when did our US ... the next governor of the state of Tennessee. I strongly support Mayor Haslam of Knoxville ...

  • Fifth Third Mortgage Company Helping More Homebuyers With Tax Credit Extension 20 Nov 2009 19:32 GMT
    ... looking to buy a home. Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank (Nasdaq: FITB) and the 18th largest provider of ... first-time homebuyers. Visit your local Fifth Third Banking Center and speak to a Mortgage Loan ...


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