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Hawaii Mortgage and Bank News


Local woman sentenced for scamming Hawaiian homeowners
A St. Louis woman has been sentenced for scamming more than 80 people in Hawaii.
Fri, 18 May 2012 13:39:30 -0700.

Hawaii homeowners to receive notices to modify mortgage loans
Hawaii Attorney General David M. Louie announced Wednesday that Hawaii homeowners should begin to check their mailboxes for notifications from mortgage loan servicers informing homeowners that they may be eligible to receive principal and interest rate reduction on their home mortgages.
Wed, 09 May 2012 16:14:29 -0700.

Cerberus Said to Seek $1.8 Billion Loan for Resorts in Hawaii
Cerberus Capital Management LP is seeking as much as $1.8 billion in new debt on six resorts, including five in Hawaii, taking advantage of Wall Street?s growing appetite for commercial mortgages.
Tue, 15 May 2012 11:07:52 -0700.

Late payments on mortgages decline in first quarter
The decline in the U.S. mortgage delinquency rate follows two quarters of increases.
Fri, 18 May 2012 22:24:50 -0700.

Business briefs
Thirty-year mortgage rate falls to record 3.79 percent ? Alaska Air to offer Kauai-Portland flights ? Hawaii isle nonprofits can apply for grants ? Wal-Mart earnings up amid bribery probe ? Sale of weak stores helps Sears to profit ? Stiff tariffs set on Chinese solar panels ? On the Move
Fri, 18 May 2012 04:37:15 -0700.

TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
CHICAGO, IL-- - The national mortgage delinquency rate declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that began in Q3 2011. This information ...
Wed, 09 May 2012 03:00:00 -0700.

Consumer Mortgage Debt Falls Three Percent Since April 2011, According to CreditKarma.com
SAN FRANCISCO, CA-- - CreditKarma.com, the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for April 2012. Consumer credit card and mortgage spending slowed ...
Wed, 16 May 2012 05:00:00 -0700.

Glimcher Completes Purchase of Partner?s Interest in Pearlridge Center in Honolulu, Hawaii
Glimcher Realty Trust, , one of the country?s premier retail REITs, announced that the purchase of the 80% indirect ownership interest in Pearlridge Center in Honolulu, Hawaii from affiliates of Blackstone Real Estate Partners VI was completed on May 9, 2012.
Wed, 09 May 2012 13:39:00 -0700.

Late mortgage payments fall in Q1
5.78% of the nation's mortgage holders were behind on their payments by 60 days or more versus 6.19% last year.
Wed, 09 May 2012 07:34:39 -0700.

Mortgage delinquency rate drops to 5.78 percent during first 3 months of 2012
The decline in the U.S. mortgage delinquency rate follows two quarters of increases. But economists say it should continue to decline.
Wed, 09 May 2012 08:26:29 -0700.