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Investors buy $558 million in mortgages from FDIC - The Associated PressInvestors buy $558 million in mortgages from FDICThe Associated Press - Jan 7, 2009First National Bank of Nevada, based in Reno, was closed in July by federal regulators, who said it was undercapitalized and had lost substantial assets and ...PennyMac, Led by Ex-Countrywide Head, Buys FDIC Loans BloombergBlackRock, Highfields-backed firm to share gains and losses with FDIC MarketWatchPennyMac Completes Purchase of $558 Million in Mortgage Loans from ... Associated ContentPR Newswire (press release) - Bloomberg
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Report suggests government agency cuts - San Jose Mercury NewsReport suggests government agency cutsSan Jose Mercury News, USA - 13 hours agoThe recommendation drew criticism from Assemblywoman Sheila Leslie, D-Reno, who said such a cutback would eliminate crucial oversight of various industries.
Del Mar DataTrac Adds Five Industry Veterans - MarketWatch (press release)Del Mar DataTrac Adds Five Industry VeteransMarketWatch (press release) - 17 hours agoWitte founded Reno, Nev.-based Titan Wholesale, a niche-lending wholesale organization with operations in six states where he oversaw the lender's purchase ...
First National portfolio - Northern Nevada Business WeeklyFirst National portfolioNorthern Nevada Business Weekly, NV - Jan 7, 2009... that had been owned by the failed First National Bank of Nevada headquartered in Reno. Private National Mortgage purchased the loans from the FDIC, ...
Mortgage rate drop helping in Nevada - MSNBCMortgage rate drop helping in NevadaMSNBC - Dec 28, 2008"I think these low rates are getting a lot of people off the fence," said Stephanie Hanna, a loan officer with Platinum First Mortgage of Reno. ...
Credit Crisis Squeezes Deals - Affordable Housing FinanceCredit Crisis Squeezes DealsAffordable Housing Finance, CA - Jan 5, 2009202 community affordable to lowincome seniors in Reno, Nev. “The bonds are not selling,” says Patrick Sheridan, VOA’s senior vice president for housing ...
Conservative think tank's savings suggestions include eliminating ... - Las Vegas Review - JournalConservative think tank's savings suggestions include eliminating ...Las Vegas Review - Journal, NV - 22 hours ago"You can't eliminate some of these things unless we don't want to regulate them at all," said Assemblywoman Sheila Leslie, D-Reno. ...
Reno to refinance $73 million in bonds - Reno Gazette JournalReno to refinance $73 million in bondsReno Gazette Journal, NV - Dec 30, 2008Interest rates on the auction-rate bonds soared because the city's bond insurer also got into the subprime mortgage market, making its credit rating ...Yikes! City Paying $125000 A Week Extra On Loan KOLOall 2 news articles
Posted | Comment | Recommend - USA TodayPosted | Comment | RecommendUSA Today - Dec 30, 2008During the subprime mortgage collapse, Las Vegas grabbed national attention because sales and prices plunged so far. But Reno and its twin city, Sparks, ...
Nevada observers: Rate cut helps but won't solve problem soon - MSNBCNevada observers: Rate cut helps but won't solve problem soonMSNBC - Dec 18, 2008"Hopefully we've gotten to the bottom," said Randolph Townsend, a Reno businessman who also serves in the Nevada State Senate. ...