latest News on Mortgage Investment
[AP] - America First Tax Exempt Investors LP said Thursday it has received $95.8 million in financing through Freddie Mac and used it to pay off a secured term loan with Bank of America.
[Business Wire] - GLEN ALLEN, Va.----Dynex Capital, Inc. announced today that Thomas Akin, Chairman and Chief Executive Officer, and other members of the Company’s executive management team are scheduled to present at the Rodman & Renshaw Annual Global Investment Conference being held September 12 – 15, 2010 at the New York Palace Hotel in New York City.
[GlobeNewswire] - OMAHA, Neb. -- America First Tax Exempt Investors, L.P. , announced today that it has entered into a new long-term secured debt financing facility with Freddie Mac utilizing Freddie Mac's Tax-Exempt Bond Securitization or "TEBS" program .
[PR Newswire] - Care Investment Trust Inc. , a real estate investment and finance company that invests in healthcare-related real estate and commercial mortgage debt, today announced that its Board of Directors has approved a stock split in the ratio of three-for-two to be effected in the form of a common stock dividend. Each shareholder of record as of the close of business on September 13, 2010, will receive a dividend equal to one-half of one share of the Company's common stock for each outstanding share held on the record date. The dividend will be distributed to shareholders on September 20, 2010.
[PR Newswire] - Walter Investment Management Corp. today announced it has completed the purchase of a pool of residential first lien mortgage loans utilizing $6.3 million of proceeds from its equity offering. This transaction completes the purchase of $20 million of loans previously disclosed as being under letters of intent. The pool generally consists of performing, fixed and adjustable rate mortgages located within the Company's existing southern United States geographic footprint. The Company indicated that it anticipates this asset purchase will provide an unlevered return to shareholders in excess of its minimum return hurdles.
[PR Newswire] - Care Investment Trust Inc. , a real estate investment and finance company that invests in healthcare-related real estate and commercial mortgage debt, today announced that it received a letter dated August 27, 2010, from the New York Stock Exchange stating that the common stock of the Company was suspended from the NYSE as of market close on August 26, 2010, and an application by the NYSE to the Securities and Exchange Commission to delist the issue is pending completion of applicable NYSE procedures, which includes the Company's right to appeal the NYSE Staff's decision.
[Business Wire] - ATLANTA----Invesco Mortgage Capital Inc. is scheduled to present at the JMP Securities Financial Services & Real Estate Conference to be held in New York City, NY on September 29, 2010, at approximately 1:30 p.m.
[Business Wire] - DALLAS----HFF announced today that Randy Baird has joined the firm as a senior managing director in the investment sales group in its Dallas office.
[Business Wire] - ATLANTA----Invesco Mortgage Capital Inc. is scheduled to present at the Rodman & Renshaw Annual Global Investment Conference to be held in New York City, N.Y. on September 14, 2010, at approximately 11:40 a.m.
[at Financial Times] - Fannie Mae FNM and Freddie Mac, the government-backed mortgage finance companies, have burnt through $226bn in capital since the middle of 2007, according to a government report published on Thursday.