Finance
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MuniMae Acquires George Elkins, Will Grow Commercial Lending Portfolio
Mar 01, 2007Fog Cutter Capital Group Inc. said late Wednesday that it sold its mortgage brokerage unit, George Elkins Mortgage Banking Company, to a division of MuniMae (NYSE:MMA) for $10.4 million. MuniMae is one of the nation’s largest commercial and multifamily mortgage finance operations. Assets under management at the company exceed $18 billion, including investments in 3,000 multifamily properties containing 320,000 units in 49 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
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Nationstar Completes Acquisition of Champion Mortgage
Mar 01, 2007 -
Mortgage Rates Decline as Stock Market Shudders
Mar 01, 2007 -
MeridianLink Touts Direct Connection to Fannie Mae
Mar 01, 2007 -
Biting the hand that feeds
Feb 28, 2007 -
Subprime losses may extend to senior tranches
Feb 28, 2007 -
Fremont Will Delay Earnings: Subprime’s Latest Victim?
Feb 28, 2007 -
Mortgage Apps Jump; Refinance Share Slides
Feb 28, 2007 -
Freddie To Tighten Belt on Subprime Loan Purchases
Feb 27, 2007 -
Mass Foreclosures Hitting the Bay State
Feb 27, 2007 -
NovaStar Second Lender To Face Claims of Securities Fraud
Feb 26, 2007