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PSMH: Update on Iowa Mortgage Professionals, Inc. Acquisition

On January 13, 2012, PSMH released pro forma financial statements for its acquisition of Iowa Mortgage Professionals, Inc. (:IMP), which closed on November 1, 2011.

Apollo Residential Mortgage, Inc. Announces 2011 Dividend Income Tax Treatment

NEW YORK, NY-- - Apollo Residential Mortgage, Inc. announced today the estimated Federal income tax treatment of the Company's 2011 distribution on its common stock . The Federal income tax classification ...

Fitch Rates Sequoia Mortgage Trust 2012-1, Mortgage Pass-Through Certificates, Series 2012-1

Fitch Ratings assigns the following ratings to Sequoia Mortgage Trust 2012-1, mortgage pass-through certificates, series 2012-1 :

Holder Announces Working Group on Mortgage-Backed Bonds Fraud

A new U.S. government unit will investigate misconduct in the bundling of mortgage loans into securities that fueled the housing bubble and contributed to the financial crisis, Attorney General Eric Holder said.

LPS' Mortgage Monitor Report Shows 2010, 2011 Originations Among Best Quality on Record; Delinquencies Down 25 Percent ...

JACKSONVILLE, Fla., Jan. 27, 2012 /PRNewswire/ -- The December Mortgage Monitor report released by Lender Processing Services (NYSE: LPS - News) shows mortgage originations continued their decline from 2011's ...

Gap between variables and trackers widens

Central Bank research has examined the rise in variable mortgage rates in recent years.

Bank of America drops in mortgage rankings

BANK OF America was the fourth-biggest mortgage lender in the US in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks.

Bank of America extends drop in mortgage rankings

(Reuters) - Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks. The second-largest U.S. bank in 2008 became the biggest mortgage originator after buying Countrywide Financial, but it has been gradually paring back the business as it copes with losses from the ...

Obama Mortgage Plan Would Broaden Government-Backed Loans

The White House plans to propose legislation that could allow a few million homeowners to reduce mortgage payments by refinancing with government-backed loans.

Mortgage loan payoffs hit 10-year low

 The number of mortgage loans paid off in Colorado was down 6.4 percent in 2011 compared with 2010, according to a new report from the Colorado Division of Housing.