About Mortgage Refinance

Wednesday, August 15, 2007

Impac Mortgage Falls on Delayed Report (AP via Yahoo! Finance)

Xceed Mortgage Corp. (TSX: XMC ) said Tuesday there will be a negative impact on its profitability and cash flows because Coventree Inc. (TSX: COF ) has decided to extend the term of asset-backed debt used to fund a portion of its mortgage portfolio.

125% Home Equity Loans Now Close Concurrently with a 100% First-Second Mortgage Refinance from BD Nationwide (PRWeb via Yahoo! News)


BD Nationwide Mortgage introduces the "125% Home Equity Refinance Loan Combination" for refinancing 1st and 2nd mortgages into a new 100% first mortgage with a 125% home equity loan that funds simultaneously.

125% Home Equity Loans Now Close Concurrently with a 100% First-Second Mortgage Refinance from BD Nationwide (PRWeb)


BD Nationwide Mortgage introduces the "125% Home Equity Refinance Loan Combination" for refinancing 1st and 2nd mortgages into a new 100% first mortgage with a 125% home equity loan that funds simultaneously. The latest home equity product from BD Nationwide helps homeowners refinance their adjustable rate mortgage to 100% loan-to-value and enables them to consolidate additional consumer debt ...more



Franklin Credit Management Reports Second Quarter 2007 Operating Results (PR Newswire via Yahoo! Finance)


Franklin Credit Management Corporation , a specialty consumer finance company primarily engaged in the acquisition, origination, servicing and resolution of performing, reperforming and nonperforming residential mortgage loans, today announced its operating results for the second quarter and first half of 2007.

Impac Mortgage Falls on Delayed Report (AP via Yahoo! Finance)


Shares of Impac Mortgage Holdings Inc. plunged Monday after the mortgage lender delayed its second-quarter financial report due to market volatility and to incorporate a May 2007 acquisition.

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Impac Mortgage Holdings, Inc. Announces Results of Second Quarter 2007 (PR Newswire via Yahoo! Finance)

SEATTLE----LION, Inc. , a provider of online lead generation and advanced business solutions that streamline the mortgage loan fulfillment process, today reported total revenue of $2,790,000 for the second quarter ended June 30, 2007, down 21% compared to $3,537,000 for second quarter 2006.

Mortgage Woes Force Thornburg To Delay Dividend (Forbes)


Lender will hold off payments, after plummeting mortgage values drastically reduced the worth of its holdings.
more...



Impac Mortgage Swings to 2Q Loss (AP via Yahoo! Finance)


Impac Mortgage Holdings Inc., a real-estate investment trust, said Tuesday it swung to a loss in the second quarter, hurt partly by higher delinquencies and a collapsing mortgage funding market.

Thornburg Mortgage Announces Change of Second Quarter Dividend Payment Date to September 17 (Business Wire via Yahoo! Finance)


SANTA FE, N.M.----Thornburg Mortgage, Inc. , a leading single-family prime residential mortgage lender focused principally on the jumbo segment of the adjustable rate mortgage market, announced today that its Board of Directors has rescheduled the payment date of the company's second quarter common dividend of $0.68 per share to September 17, 2007.

Impac Mortgage Holdings, Inc. Announces Results of Second Quarter 2007 (PR Newswire via Yahoo! Finance)


Impac Mortgage Holdings, Inc. , a real estate investment trust , reports second quarter 2007 net loss of $ million, or $2.05 per diluted common share, as compared to net earnings of $26.4 million, or $0.30 per diluted common share for the second quarter 2006.

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