Monthly Archives: June 2010

Investors in Mortgage Securities Believe Homeowner Refinancing Will Fail

by Jody Shenn June 24 (Bloomberg) — Mortgage securities with U.S.-backed guarantees are trading at record high prices on speculation homeowner refinancing will fail to accelerate and as supply of the bonds remains limited. The average price of $5.2 trillion … Continue reading

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California Gets It’s Share of $1.5 Billion for Foreclosure Prevention in August 2010

(AP) – 3 hours ago HOUSING HELP FOR 5 STATES: The Treasury Department approved plans to provide $1.5 billion in housing aid to Arizona, California, Florida, Michigan and Nevada. PLAN DETAILS: The plans aim to help up to 93,000 borrowers … Continue reading

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California Real Estate Mortgage Loans Down

By Shobhana Chandra June 22 (Bloomberg) — Sales of U.S. previously owned homes unexpectedly fell in May, a sign demand was probably pulled into prior months before a June tax-credit deadline. Purchases of existing houses, which are tabulated when a … Continue reading

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Arizona Foreclosures Climb with Unemployment

The number of foreclosures in Anthem quadrupled during the first five months of this year, according to numbers provided by a national firm that tracks the data. Arizona Regional Multiple Listing Services, IMAPP Inc., a company based in Tampa, Fla., … Continue reading

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Careful With Your Money & Foreign Advertisements

Promoters of investment funds can access a unique set of custody services in Guernsey. The Island offers not just standard custody operations but also providers with the knowledge and capacity to take on the responsibility of being a trustee – … Continue reading

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