Cincinnati Mortgage News

Avondale marchers focus on foreclosures - Cincinnati.com

Avondale marchers focus on foreclosures Cincinnati.com South Cumminsville-based Communities United for Action (CUA) have been calling on lenders to reduce the amount of principal owed on a home for mortgage holders facing foreclosure. The group argues that more than 75000 Cincinnati homeowners are under ...

Rising mortgage fees menace record-low rates - Las Vegas Review-Journal

Rising mortgage fees menace record-low rates Las Vegas Review-Journal "It can take a bank up to a month to package and deliver a loan," after the loan closes, says Dan Green a loan officer for Waterstone Mortgage in Cincinnati. Lenders want to make sure they are not stuck with the bill if there are delays selling ... and more »

Grand Jury Indicts Man for $1Mil Mortgage Scheme - ABC6OnYourSide.com

ABC6OnYourSide.com

Grand Jury Indicts Man for $1Mil Mortgage Scheme ABC6OnYourSide.com "Mortgage fraud crimes burden lenders with bad loans and neighborhoods with abandoned and deteriorating properties," said Darryl Williams, Special Agent in Charge, IRS Criminal Investigation, Cincinnati Field Office. "IRS stands ready to pursue ... and more »

Fitch Affirms Super Senior Classes of Wachovia Bank Commercial Mortgage Trust ... - MarketWatch (press release)

Fitch Affirms Super Senior Classes of Wachovia Bank Commercial Mortgage Trust ... MarketWatch (press release) The next largest contributor to losses (3.3% of the pool balance) is secured by a portfolio of office properties located in Cincinnati, OH. The loan is currently in special servicing. While the trust loan is performing, mezzanine debt is currently ... and more »

KBW Recommends Dividend-Paying Financials - Barron's (blog)

KBW Recommends Dividend-Paying Financials Barron's (blog) Diversified Financials: Mortgage REITs offer some of the highest yields in the market. All the mortgage REITs offer yields over 8%, and some are as high at 18%. Equity REITs: This group has been the best-performing financial sector during the past two ...

Short-Sale Diary: Why I'm Trying to Sell My Underwater Home - American Banker

Short-Sale Diary: Why I'm Trying to Sell My Underwater Home American Banker It's that I'm moving to Washington, to work at the American Banker bureau there, but I'm upside-down on the two mortgages placed against my split-level ranch house in Decatur, Ga. My primary mortgage is with Fifth Third Bancorp of Cincinnati, ...

Dayton operation part of MetLife mortgage closings - Dayton Business Journal

Dayton operation part of MetLife mortgage closings Dayton Business Journal 's residential mortgage business, effectively moving the life insurance company into the home loan business. Prior to its expansion, MetLife had a single loan officer in Ohio. As of the fall, the company had five locations, including Cincinnati and ... and more »

Fitch Ratings Downgrades Four Classes of MLMT 2006-C-1; Revises Outlooks and ... - MarketWatch (press release)

Fitch Ratings Downgrades Four Classes of MLMT 2006-C-1; Revises Outlooks and ... MarketWatch (press release) CHICAGO, Jan 13, 2012 (BUSINESS WIRE) -- Fitch Ratings has downgraded four and affirmed 17classes of Merrill Lynch Mortgage Trust (MLMT), series 2006-C1, commercial mortgage pass through certificates. A detailed listing of rating actions follows at the ... and more »

Fitch Affirms DBUBS 2011-LC1 Mortgage Trust Series 2011-LC1 - MarketWatch (press release)

Fitch Affirms DBUBS 2011-LC1 Mortgage Trust Series 2011-LC1 MarketWatch (press release) The largest loan of the pool (10.8%) is secured by a 1.16 million square feet (SF) regional mall in Cincinnati, OH. The property is anchored by Dillard's, Macy's, Nordstrom and features over 140 in-line tenants and kiosks. As of October 2011, ... and more »

Don't bet the mortgage, but Saints will be crowned - Vancouver Sun

Don't bet the mortgage, but Saints will be crowned Vancouver Sun On quarterbacking alone Denver is out, and Cincinnati is out, and Houston, whose fine defence didn't stop it from losing to Indianapolis in Week 16, is out. Detroit doesn't have a truly bad loss on the docket — San Francisco, Atlanta, Chicago before ... and more »