Dallas Mortgage News

Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks
DALLAS----The Board of Directors of Capstead Mortgage Corporation announced today that it will pay the regular quarterly dividend of $0.40 per share on the $1.60 Cumulative Preferred Stock, Series A , and the regular monthly dividend of $0.105 per share on the $1.26 Cumulative Convertible Preferred Stock, Series B .

Dallas-Fort Worth home foreclosures decline in first half of 2010
FILE 2009/DMN During the first six months of 2010, lenders foreclosed on just over 8,800 homes in the five-county area, down about 5 percent from the first half of 2009.In the face of continued economic woes, the number of homes seized by lenders in the Dallas-Fort Worth area in the first six months of the year has fallen to the lowest number since 2007. And while any decline in the number of ...

H&R Block Climbs as CEO Says Mortgage Claims ‘Better’
H&R Block Inc., the tax preparer whose stock slid 18 percent last month, told investors to ignore speculation that it faces a surge in costs tied to its defunct mortgage business. The shares rose the most in more than a year.

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55 Elmwood Dr.; PNC Mortgage; $120,000.

H&R Block Surges as CEO Says Mortgage Claims ‘Better’
H&R Block Inc., the tax preparer whose stock slid 18 percent last month, told investors to ignore speculation that it faces a surge in costs tied to its defunct mortgage business. The shares rose as much as 9 percent, the most in more than a year.

Unlike Bernanke, Dallas Fed chief Fisher not keen on buying longer-term securities
Richard W. Fisher, president of the Federal Reserve Bank of Dallas, said Wednesday that he "would be reluctant" to expand the Fed's balance sheet even though the nation needs stronger economic growth.

Dana Blair of Love Funding Closes $6.56 Million Refinance Loan for Multifamily Housing Complex in Dallas
Dallas - Love Funding today announced that its Dallas office closed a $6,560,000 non-recourse loan for the refinance of Aspen Chase, a 288-unit multifamily housing complex located in Dallas.

Dallas Fed chief Richard Fisher 'reluctant' to expand balance sheets
Last week, Fed Chairman Ben Bernanke said that buying up longer-term securities, and therefore expanding the Fed's balance sheet, was one tool the central bank could use to spark economic growth. Such purchases would presumably bring down long-term interest rates, promoting more mortgage refinancing and other long-term borrowing.

Prime Dallas Cowboys seats go to ticket broker for $241,000 in IRS auction
TOM FOX/DMN Hank Wendorf of TicketsSource.com paid $241,000 for the tickets, but he'll also have to pay the roughly $70,000 still owed to the Dallas Cowboys.The package - which includes six seats and parking passes for this season and the right to purchase tickets for the same seats for the next 30 years - was auctioned to settle a tax debt of more than $4 million owed by Lending.com, according ...

Calyx Software Set to Celebrate National Professional Mortgage Loan Originator Week September 7-10, 2010
DALLAS----Calyx Software®, the preferred mortgage solution provider for banks, credit unions, mortgage bankers and brokers, announced today that they are joining with Mortgage Success Source and other sponsors in recognizing Loan Originators in the mortgage industry for their hard work and commitment to put more families into homes.