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Georgia Mortgage and Bank News


Mortgage rates fall for 10th time in 11 weeks
Record-low mortgage rates have homeowners and potential home buyers flocking to their local banks.
Thu, 02 Sep 2010 22:36:01 -0700.

LPS' July Mortgage Monitor Report: Foreclosure Starts Increase; Late-Stage Delinquencies Lead Rise
The July Mortgage Monitor report released by Lender Processing Services, Inc. shows that foreclosure starts are on the rise, with seriously delinquent loans those six or more months delinquent dominating new foreclosure actions.
Thu, 02 Sep 2010 06:05:00 -0700.

LendingTree.com Weekly Mortgage Rate Pulse Reports 30-Year Fixed Rates as Low as Four Percent
Average mortgage rates fell to new lows this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders.
Wed, 01 Sep 2010 08:08:00 -0700.

David R. Coxon of State Bank of Georgia Elected RMA Chair; John J. Wixted Jr. of PNC Bank Elected Vice Chair
PHILADELPHIA, Sept. 1 /PRNewswire-USNewswire/ -- David R. Coxon, president and CEO, State Bank of Georgia, Fayetteville, Ga., was elected chair of The Risk Management Association (RMA). John J. Wixted Jr., chief risk officer and executive vice president of PNC Mortgage Company, a subsidiary of PNC Bank, was elected vice chair. Their one-year terms began September 1, 2010.
Wed, 01 Sep 2010 14:13:00 -0700.

7 Indicted in Valley Mortgage Fraud Conspiracy
The Youngstown Mortgage Fraud Task Force and the U.S. Attorney for the Northern District of Ohio are investigating a $7.5 million mortgage fraud scheme involving 48 properties in Mahoning and Trumbull counties.
Wed, 01 Sep 2010 04:55:24 -0700.

David R. Coxon of State Bank of Georgia Elected RMA Chair
PHILADELPHIA, Sept. 1 -- David R. Coxon, president and CEO, State Bank of Georgia, Fayetteville, Ga....
Wed, 01 Sep 2010 15:27:14 -0700.

Sealy & Company Acquires LEED Certified Distribution Center
Sealy & Company, LLC , a fully integrated commercial real estate investment and operating firm, announces the Mortgage Note purchase resulting in ownership of Braselton 85 Distribution Center, a 439,338 square foot LEEDŽ Certified Silver warehouse facility located in Braselton, Georgia.
Thu, 02 Sep 2010 07:28:00 -0700.

Lembeck on list for superintendent of the year award
MARIETTA - Dr. Emily Lembeck, the popular superintendent of Marietta City Schools, is one of four finalists named by the Georgia School Superintendents Association for 2011 Superintendent of the Ye...
Thu, 02 Sep 2010 21:27:17 -0700.

Hot Ads: The Best Political Ads of the Week
CBSNews.com's Weekly Look at the Unique, Crazy and Funny Spots and Your Chance to Vote on Your Favorite
Fri, 03 Sep 2010 09:29:39 -0700.

Can my pension be reduced?
Question: Does the current crisis have any effect on my defined-benefit pension plan? I just turned 55 and was getting ready to start drawing from it. Will the amount I receive change now? ?Lynn, Hephzibah, Georgia Answer: The short answer is no. Just because the stock market has been reeling and the economy is in [...]
Thu, 02 Sep 2010 08:26:23 -0700.